What is ESR / Economic Substance Regulations in UAE? On 30 April 2019 UAE introduced a Resolution on the Economic Substance and these regulations are applicable for all private sector companies. This regulation lists out the minimum financial criteria’s and tax framework that the licensed entities operating in UAE shall follow. This resolution was introduced […]
VAT Impact on Restaurants in the UAE VAT stands for Value Added Tax which came into VAT implementation in UAE recently. This value-added tax is imposed by businesses at every step of their supply chain. The restaurants in the UAE have to charge 5% VAT on every food item they sell and this is irrespective […]
The UAE has no plans to increase its VAT (value-added tax) rate UAE has no plans to increase its VAT (value-added tax) rate, the country’s finance minister said after Saudi Arabia said it would triple its rate. In Saudi Arabia VAT is increasing to 15 percent from 5 percent from July 1, seeking to shield […]
Artificial Intelligence In Accounting And Finance How Artificial Intelligence helps in Accounting Industry and Finance? Artificial Intelligence In Accounting And Finance is now impacting almost every industry out there and finance isn’t an exception. The ever-changing regulations along with a huge client base has been pushing the accounting firms towards artificial intelligence lately. The AI […]
VAT Compliance in UAE : Value Added Tax has been launched officially in Dubai and now each and every business should make themselves VAT compliance. There are so many things that one has to know about this VAT and it may confuse people. In order to make things simple and easy to understand, we made […]
FTA VAT Voluntary Disclosure in Dubai UAE
VAT Audit in UAE | VAT audit in Dubai | FTA VAT Audit Services in Dubai, UAE
Excise Tax Registration in UAE Ever since VAT has been introduced in UAE, it is mandatory to process to carry out any business that involves excise goods. If you are planning to set-up any sort of a business and trying to figure out how to do Excise Tax Registration in UAE, you can either take […]
Individuals looking for a way to earn a living on their own terms often look at business as one of the best ways. This allows them to establish their own name and brand in the business world. Moreover, this gives them the chance to participate in an industry which they love and in which they […]
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