Accounting Services

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Transfer Pricing in UAE : Corporate Tax Law

Transfer Pricing in the UAE: Navigating Corporate Tax Regulations The Transfer Pricing in UAE issued by the Federal Tax Authority (FTA) of the United Arab Emirates on October 23, 2023, marks a significant development in the tax landscape, particularly in corporate taxation and transfer pricing. Corporate tax in the UAE involves critical concepts like Transfer

Taxation in Dubai: What Every Business Owner needs to know #2023

Taxation in Dubai: What Every Business Owner needs to know #2023  Introduction In a significant shift from its long-standing tax policy, the United Arab Emirates (UAE) announced in January 2022,  introduction of a new corporate tax. This tax, set to come into effect from June 1st, 2023, marks a turning point in the UAE’s fiscal

The UAE is all set to implement the first corporate tax groups

The UAE is all set to implement the first corporate tax groups. The creation of “tax groups” will be the next significant set of updates for many business owners, even as the UAE tax authorities continue to publish updates on corporate tax. Here, various companies run by one or more dominant shareholders get together to

2023 UAE Corporate Tax Explained – Latest Updates

Introduction about Corporate Tax in UAE  The UAE, a global magnet for businesses, is ushering in a transformative era with its latest tax reforms. With the introduction of the Corporate Tax in UAE, what changes lie ahead for enterprises and investors? Dive into our comprehensive guide to navigate these new waters. UAE’s Tax Evolution: Embracing

Top 10 International Banks in Dubai – All You Need to Know in 2023

Introduction Dubai, the city of gold, is not just a global hub for trade and tourism but also a prominent centre for banking and finance. The city’s robust economy, strategic location, and business-friendly environment have attracted numerous international banks, making it a hotspot for global banking operations. In this comprehensive guide, we will delve into

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What is the Difference Between Bookkeeping & Accounting?

If you are not from a commerce background, bookkeeping and accounting might seem to you – doppelgangers. Although, they both are the kids of the same father i.e., finance management and are born with similar motives in the world of business but take different routes to reach their goal i.e., managing finances. Simply put, bookkeeping

first-corporate-tax-groups

The UAE is all set to implement the first corporate tax groups

The UAE is all set to implement the first corporate tax groups. The creation of “tax groups” will be the next significant set of updates for many business owners, even as the UAE tax authorities continue to publish updates on corporate tax. Here, various companies run by one or more dominant shareholders get together to