Dubai has long been known as a tax-friendly business hub, attracting global investors with its zero corporate tax policy. However, to align with international tax standards and enhance revenue sources, the UAE introduced a new corporate tax regime, effective June 1, 2023. This marks a significant shift in the country’s taxation landscape, impacting both local […]

Value Added Tax (VAT) was introduced in the UAE on January 1, 2018, as part of the government’s efforts to diversify revenue sources. Businesses must comply with VAT regulations, including proper registration, timely return filing, and tax payments. This guide covers everything you need to know about VAT registration fees and penalties in the UAE. […]

Managing finances is crucial for any business, yet handling accounting and bookkeeping internally can be overwhelming. Many businesses, from startups to large corporations, have turned to outsourcing these tasks for better efficiency and cost savings. In this article, we will explore the major benefits of outsourcing accounting and bookkeeping services and why it could be […]