The United Arab Emirates is taking a major leap towards a digital transformation journey, with an ambitious plan to implement electronic invoicing (e-invoicing) by July 2026. This initiative by the UAE’s Ministry of Finance (MoF) aligns with the nation’s broader goal of enhancing tax compliance and simplifying invoicing processes. The implementation of UAE’s electronic invoicing […]
Wondering how to start a tech startup and innovation-driven business in the world’s fastest growing economies? Don’t stress; managing the UAE tax landscape is simpler than you think. Jaxa is here to assist you. As a beacon of technological advancement, Dubai has set a benchmark as a top-tier business hub for next-generation technology and became […]
In the technology-driven world, the fusion of technology and taxation is reshaping how business handle their tax obligations with greater accuracy and efficiency in an organization. The UAE corporate tax compliance is keeping pace with technological development, helping organizations to manage compliance better, ensure resource efficiency, and stay ahead in the competitive business landscape in […]
The countdown has begun. Let’s act before it is too late. The UAE Federal Tax Authority has announced an urgent reminder for businesses and taxpayers to update their tax records before the March 2025 deadline. This initiative is to streamline tax regulations and ease the tax burden on registrants. This update is key for adherence […]
Let us discover the major trends and regulatory requirements shaping auditing in the UAE in 2025. The United Arab Emirates’ progress in economic development and transparency, requires the business to stay updated, ensure compliance and sustain competitiveness. Jaxa Chartered Accountants is a top auditing firm in the UAE with who are qualified to uphold strict […]
Let us discover the new accounting standards in the UAE and their focus on improving business compliance and boosting efficient financial management. As the financial framework in Dubai progresses, embracing new financial reporting standards – IFRS compliance UAE is the highest priority for businesses located in the United Arab Emirates. The UAE serves as a […]
As multinational companies build a strong foothold in the UAE, focus on financial numbers is gaining more attention. Having a solid grasp of financial figures and performance is a significant factor in managing businesses successfully. Bookkeeping acts as a clear snapshot that sheds light on a business’s financial credibility. Maintaining books of accounts plays a […]
IFRS compliance UAE is not just a regulatory requirement for UAE companies but also a fundamental requirement for growth and financial transparency. IFRS compliance in the UAE is essential for companies aiming to gain trust from financial institutions, regulators, and international partners. This blog provides the most significant reasons demonstrating the requirement of IFRS compliance […]
This is, in turn, causing the query of whether UAE corporate tax has any effects on the individual. Though businesses would have the bulk of it, the tax itself, it does bring certain issues upon freelancers and entrepreneurs to have to pay for it. Therefore, the corporate tax rules for UAE individuals will assist both […]
The procedure for claiming the VAT refund in the United Arab Emirates seems very complex, especially for businesses having input VAT on business expenses exceeding the VAT on its revenue. However, understanding the steps provided by the Federal Tax Authority (FTA) and using Form VAT311 can make it a smooth procedure. Working with experts like […]
