Are financial audits mandatory for companies in a Freezone? Is it required to submit books of accounts need on annual basis? Stressed about the penalties or conducting financial audits in Free Zone companies? These key questions might be pressing the entrepreneurs looking to establish a Free Zone company in the UAE Several Businesses in the […]
Future of Accounting & Bookkeeping in the UAE: Embracing Digital Transformation
The future of accounting and bookkeeping in Dubai is becoming digital. The era of manual accounting is completely outdated and businesses must embrace digital transformation to maintain a competitive edge. Automation and technology play a key role in reshaping smarter accounting and bookkeeping services in UAE, Dubai, making the days of spreadsheets and paperwork a […]
UAE E- invoicing: Transforming Tax compliance in the Digital Age
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 […]
Unlocking Corporate Tax Benefits in UAE for Tech startups & Innovation driven businesses
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 […]
Revolutionizing Corporate Tax Compliance: The Digital Transformation in Corporate Tax in the UAE
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 […]
Tickling Clock! UAE Federal Tax Authority Sets Final Deadline To Update Tax Record Before March 2025
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 […]
Recent Amendments in Audit Requirements for Financial Institutions in the UAE
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 […]
Evolution of IFRS Standards and their implication on UAE Auditing practices
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 […]
Revolutionizing Bookkeeping Practices with under the New UAE Corporate Tax Law
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 […]
Requirement of IFRS Compliance UAE by UAE Companies
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 […]