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UAE VAT reconsideration allows taxpayers to request for the review of FTA’s decision. The Federal Tax Authority has the right to impose penalties on t...
The Corporate law of the UAE requires businesses to comply with tax regulations set by the government, including the Corporate Tax that has to be levi...
The latest public clarification issued by the Federal Tax Authority (FTA) sheds light on the treatment of VAT on transportation services in UAE. Accor...
Bookkeeping holds great significance especially if your business involves dealing with international clients and/or suppliers. Considering the differe...
Accounting is a core essence of an organization, be it a small start-up or a well-established corporation. Lately, the scope of accounting has been le...
All the companies and taxable entities operating in the UAE are required to maintain books of accounts and stay VAT compliant as per the provisions of...
Businesses in the UAE are advised to maintain an accurate book of accounts to manage their accounting and tax preparation needs. However, with the inc...
External Audit refers to an independent examination of financial records conducted regularly to maintain accuracy and transparency and verify complian...
Corporate Tax in Dubai is a direct tax levied on the net income or profit of corporations and other taxable entities. The UAE Ministry of Finance (MoF...
To keep a business's financial system stable and compliant, an accounting review involves assessing the financial statements, accounting records, and ...