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: 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: 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 […]
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 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 […]
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 […]
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 […]
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 […]
The FTA has recently approved Jaxa Chartered Accountants as a Tax Consultant in Dubai! The Federal Tax Administration, United Arab Emirates, has formally accepted and registered Jaxa Chartered Accountants as a tax agency, and we are happy to announce this. Our tax agency registration number is 300052032. Jaxa and other tax agencies/agents are essential to ensure […]
Since the implementation of new regulatory reforms in the UAE, keeping the books of accounts and having audited financial statements have been more crucial than ever. Submission of audited financial accounts was not required in Dubai’s free zones or on the mainland, with a few exceptions. The majority of firms will nevertheless be needed to […]
