20 Best Accounting Practices for UAE Free Zone Companies
Strong accounting systems will be essential for UAe Fee Zone companies to continue to be compliant and grow sustainably. Additionally, using good financial management enables businesses to create accurate records, fulfill their Free Zone authority obligations in a timely manner, adhere to all applicable tax regulations including VAT and make informed business decisions. Furthermore, establishing […]
UAE CRS, FATCA, and Risk Assessment Reporting Deadline 2026
UAE CRS, FATCA, and Risk Assessment Reporting Deadline 2026 is an important compliance requirement for reporting financial institutions across the UAE. The Ministry of Finance has made available the reporting window for the 2025 financial year through the Automatic Exchange of Information (AEOI) programme. Fiduciary Institutions are responsible for submitting all required CRS and FATCA […]
How to Avoid Double Tax With a UAE Tax Residency Certificate
How to avoidDouble Tax with a UAE Tax Residency Certificate starts with understanding your tax residency status and the benefits available under the UAE’s tax treaties. Professionals and firms receiving income from several countries may become liable to tax on the same income several times. Tax Residency Certificate (TRC) permits the qualifying applicants who apply […]
UAE Tightens Tax Rules With New Refund Deadlines and Extended Audit Windows
UAE Tightens Tax Rules With New Refund Deadlines and Extended Audit Windows marks an important change in the country’s tax procedures. New guidelines provide clearer time restrictions when making a tax refund claim, extend periods in which you can be audited, and impose additional recordkeeping obligations. More robust internal control processes, quicker compilation of documentation, […]
AML Compliance and MLRO Requirements for Businesses in the UAE
AML compliance and MLRO requirements for businesses in the UAE are important for companies that fall under regulated sectors. In order to fight against illegal financial crimes and increase transparency in all areas of business, the UAE has enacted stricter laws regarding money laundering. Companies that are subject to these AML laws will have to […]
Why Authorities Reject Company Liquidation Applications in the UAE
Why authorities reject company liquidation applications in the UAE has become a major concern for business owners who want to close a company and move on. Most people think that liquidating a company is easy, just submit a cancellation request and that’s it. However, in the UAE, companies are now required to follow more strict […]
UAE Tightens Tax Rules With New Refund Deadlines and Extended Audit Windows
UAE Tightens Tax Rules With New Refund Deadlines and Extended Audit Windows marks an important change in the country’s tax procedures. New guidelines provide clearer time restrictions when making a tax refund claim, extend periods in which you can be audited, and impose additional recordkeeping obligations. More robust internal control processes, quicker compilation of documentation, […]
UAE Digital Accounting and Audit Regime
UAE Digital Accounting and Audit Regime marks a major shift in how businesses manage financial records across the country. Change the way we do accounting, auditing, and financial reporting, the UAE government is creating a completely digital system. One key component of the system is a national platform called the Unified Digital Audit Reporting System […]
How to Open a Bank Account in Dubai Islamic Bank
How to Open a Bank Account in Dubai Islamic Bank starts with choosing a trusted Islamic banking partner that follows shariah principles. Dubai Islamic Bank (DIB) is one of the leading banks in the UAE and has an extensive selection of consumer and commercial banking services available. DIB is chosen by many customers because it […]
How much Gold we can carry from Dubai to India
How much Gold we can carry from Dubai to India is a common question for travellers who plan to bring gold back home. Many people that go to Dubai to visit family ask how much gold is allowed for them to bring back to India. In fact, there are many Indians that travel to Dubai […]
