Value-added tax (VAT) is a tax levied on each value-added level of a product throughout the supply chain.
Majority of businesses in UAE which meet the criteria for registration under VAT have already registered.
What is the VAT Return: The official document to be completed by the Taxable Person
A VAT audit is a process of investigating the financial data & records of taxpayers in the UAE.
A VAT refund is a refund of VAT paid on goods purchased in Europe as a non-resident.
Federal Decree-Law No. 18 of 2022, amending the VAT Law, was released by the UAE’s President.
Carbonated drinks include any aerated beverage except for unflavoured aerated water.
Excise tax is an indirect tax levied on the sale of certain goods.
Corporate tax is a form of direct tax levied on the net income or profit of corporations
We reaffirm our commitment to meet international standards for tax transparency and to prevent harmful tax practices.
Legal entities that have a permanent establishment in the UAE, are incorporated in the UAE
A competitive CT regime based on global best practices is expected to strengthen the UAE’s position as a top business
Companies and establishments that are involved in ‘relevant activities’ in the UAE are required to submit economic substance
We provide ESR UAE services to help companies remain compliant with the requirements of Economic
The UAE applies (ESR) to local businesses located in the country, including businesses within free zones
The purpose of bookkeeping is to systematically record financial activities and transactions in chronological order.
As businesses expand and become more dynamic, the need for a senior-level financial
The primary role of internal audit is to help an entity secure its assets, reputation and sustainability along
It is a myth that the auditing of a company needs to be done only because it is mandatory by law.
An inventory audit is defined as the process of checking a company’s actual inventory levels against their financial records
Generally, a backlog refers to an order or document that needs to be completed.
All Designated Non-Financial Businesses and Professions (DNFBPs) were required to register with the goAML portal.
Tax Residence Certificate (TRC), referred to the certificate that is issued by the UAE Federal Tax
In case a company wishes to import or export goods into or from Dubai, it needs to be register with Dubai Customs
Starting a company / business in Dubai with Dubai Business Setup in simple and time-saving.
A liquidator is a UAE-registered agent or a firm, typically a chartered accountancy or audit firm
2) Verify that the TRN/TIN is correct and issue an alert when correction is needed.
3) If the calculated value is manually changed, a warning will be issued.
4) Allows you to flexibly increase fees or discounts including VAT.
5) Show how to calculate VAT for all transactions.
6) Invoices are matched in registers, income statements, balance sheets and other reports.