If you are in business, you cannot disregard the value of accounting and bookkeeping since, regardless of the kind of your enterprise, you must maintain accurate and complete business records. Today, many business owners select Dubai as their upcoming business location so that they may manage and grow their operations in the Middle East. Conversely, […]
How to Start an Audit in Dubai?
You are someone whose dream is to do a business set up in Dubai, but when it comes to company audit, do you feel it’s daunting? If the answer is yes, then it’s time to stop worrying about it because you have landed at the perfect place where you are going to understand the steps […]
Important Steps to be Kept in Mind for Accounting in Dubai
Every successful firm in the UAE understands the importance of having a strong accounting procedure in place inside the organization. Financial statements are produced using the accounting cycle. The company’s performance throughout a fiscal period is accurately depicted in the financial statements. The processes in the cycle of Accounting in Dubai assist firms in providing a clear […]
UAE Corporate Tax Update : Decision No. 6 of 2023
UAE Corporate Tax Update: The Federal Tax Authority (FTA) in UAE as published “Federal Tax Authority Decision No. 6 of 2023 Tax Deregistration Timeline for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses”. This sets the timeline for application for De-registration from UAE Corporate Tax. According to […]
UAE Corporate Tax Update : Decision No. 5 of 2023
UAE Corporate Tax Update: The Federal Tax Authority (FTA) in UAE as published an important Decision on UAE Corporate Tax: “Federal Tax Authority Decision No. 5 of 2023 Conditions for Change in Tax Period for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses”. This Decision addresses the […]
Are you required to maintain Audited Financial Statements for your Business?
UAE Corporate Tax Update: Are you required to maintain Audited Financial Statements for your Business? In yet another UAE Corporate Tax Update, the Ministry of Finance (MoF) in UAE has published Ministerial Decision No. 82 of 2023 on the Determination of Categories of Taxable Persons Required to Prepare and Maintain Audited Financial Statements for the […]
The Financial Health of a Company and the Financial Statement Audit in UAE
The companies incorporated in the Emirates must undergo a Financial Statement Audit in the UAE to ensure that the management has an error-free financial statement. Hiring a certified internal auditor will help you sound financially strong and creditworthy. Before hiring an auditor or planning to prepare a financial statement audit, it is important to know […]
Criteria for Choosing a Suitable Tax Consultant in UAE for Your Business
If you are someone who does business in the UAE or wishes to do a business setup in the UAE, that’s actually not really tough. The struggle pops up when you come to the phase where you are in need of a tax consultant. Choosing the right tax consultant in the UAE is the toughest […]
Related Parties under the UAE Corporate Tax
Transfer pricing regulations under the UAE Corporate Tax Law intends to ensure that the pricing of a transaction price remains unaffected by the relationships of the parties involved. The Corporate Tax in the UAE aims to apply the arm’s length principle for transactions with connected persons and related parties. To comply with the UAE Corporate tax regime’s […]
FTA Approved Tax Agents – How Can They Help Your Business?
Jaxa Chartered Accountants is one of the top tax agents in the UAE, approved by the Federal Tax Authority (FTA). If you are looking for top tax agent services in UAE, we can offer you the best Tax Consultancy services as a licensed tax agency. We support numerous companies with the compliance requirements for VAT […]