Understand the new tax system and how it applies to your business. In June 2023, the UAE officially introduced Corporate Tax — a new law that requires businesses to pay tax on their net profits. This change brings the UAE…
Simplify VAT compliance and avoid costly mistakes. Since 2018, the UAE has had a Value Added Tax (VAT) system in place. It’s a 5% tax added to most goods and services. If your business is operating in the UAE, it’s…
Avoid these common mistakes and improve your approval chances. Applying for a business loan in the UAE? Many businesses face rejection not because of low revenue, but because of small errors or missing documents. Here are the top 5 reasons…
Stay ready, stay stress-free with proper audit preparation. No business owner likes the word "audit," but if you are operating in the UAE, being audit-ready is essential. The Federal Tax Authority (FTA) can audit your company to check if you’re…
