Blogs

VAT Portal Details Must Be Updated by 31st March 2025 to Avoid Fines As the regulatory landscape evolves, businesses must ensure that their tax-related details are kept up to date. One of the key updates for businesses registered under...

IFRS 18 – Presentation and Disclosure of Financial Statements Introduction  The International Accounting Standards Board (IASB) issued IFRS 18 in April 2024, with an effective date for annual reporting periods st...

Why the UAE is the Ultimate Investment Destination: Beyond Oil and Gas When people think about the UAE, they often picture skyscrapers, luxury, and oil wealth. While oil helped the country grow, it’s no longer the main source of...

Mubdia’h Programme: A Game-Changer for Emirati Women in Business In today’s global scenario where entrepreneurship is the driving force behind economic growth, the Mubdia’h Programme is a transformative initiative to...

Why Abu Dhabi is the Ideal Choice to Start Your Business in the UAE? Choosing the right emirate to start your business in the UAE can be challenging, with each offering unique advantages. However, Abu Dhabi stands out as a prime destin...

Understanding VAT on Cryptocurrency Mining: What You Need to Know Cryptocurrency mining has become popular, but it can also raise questions regarding its tax implications. One key area of concern for businesses and individuals engaged...

Why Bookkeeping Matters More Than You Think? In the fast-paced world of business, where innovation and hard work are the driving forces behind success, there’s one essential component that often goes unnoticed—bookkeeping....

Understanding VAT Treatment for Charities in the UAE: Key Insights and Regulations Charities in the UAE are subject to UAE VAT. They may offer a variety of goods and services, each with different VAT implications unless it is not a rel...

Understanding Economic Substance Regulation (ESR) Economic Substance Regulation (ESR) was introduced to ensure that companies registered in the UAE engage in substantial economic activities and align with international efforts to preve...

UAE VAT Refund for Business Visitors...