UAE CT Regime Tax Large Multinationals 🥇
Introduction: UAE CT Regime Tax Large Multinationals The UAE CT Regime tax large multinationals at the global minimum tax rate starting 2025. The UAE has long attracted companies with low-tax policies. But with OECD’s reforms, the rules have changed. Large multinational enterprises (MNEs) must now pay at least 15% effective tax rate (ETR). Mubarak Al […]
Domestic Minimum Top-Up Tax (DMTT) in UAE 🥇
Introduction: Domestic Minimum Top-Up Tax (DMTT) in UAE The Domestic Minimum Top-Up Tax (DMTT) in UAE is a new rule that starts on 1st January 2025. It applies to large multinational enterprises (MNEs). The DMTT follows OECD’s Pillar Two plan, which sets a 15% minimum tax on global groups. The UAE introduced DMTT to align […]
Crypto Accounting System for Business in UAE 🥇
Introduction: Crypto Accounting System for Business A crypto accounting system for business is now essential in the UAE. With Dubai’s VARA and Abu Dhabi’s FSRA setting regulations, companies use crypto not just for payments but also for investments and holdings. Mubarak Al Ketbi (MAK) Auditing explains how businesses can set up efficient crypto accounting. A […]
VAT Law Updates for Precious Metals and Jewellery 🥇
Introduction: VAT Law Updates for Precious Metals and Jewellery VAT law updates for precious metals and jewellery are now a major focus for UAE businesses. The government announced Cabinet Decision No. 127 of 2024, replacing earlier rules. These updates expand the reverse charge mechanism beyond gold and diamonds to cover a larger list of metals, […]
Raqeeb Whistleblower Programme UAE: Tax Compliance 🥇
Introduction: Raqeeb Whistleblower Programme UAE The Raqeeb whistleblower programme UAE is a new tool to detect tax violations. The UAE has long been famous for tax-friendly laws and strong investor appeal. But with growth comes risk of tax evasion. To fight this, the Federal Tax Authority (FTA) introduced Raqeeb. Mubarak Al Ketbi (MAK) Auditing explains […]
Double Taxation Avoidance Agreement (DTAA) in UAE 🥇
Introduction: Double Taxation Avoidance Agreement (DTAA) Double taxation avoidance agreement (DTAA) is an important rule for UAE businesses and residents. Paying taxes twice in two countries is not fair. The UAE created DTAA to avoid this issue and to help businesses grow. Mubarak Al Ketbi (MAK) Auditing explains DTAA, how it works, and why it […]
Correction of Errors or Omissions in Tax Returns 🥇
Introduction: Correction of Errors or Omissions in Tax Returns Correction of errors or omissions in tax returns is now a serious duty for businesses in the UAE. The Federal Tax Authority (FTA) issued Decision No. 8 of 2024, effective from January 1, 2025. This decision gives clear steps for correcting VAT return mistakes. Many businesses […]
Audit Report: Its Elements and Types Explained 🥇
Introduction: Why Audit Report Matters An audit report shows the financial health of a company. It’s not only a file with numbers but also a trusted record. It helps investors, owners, and managers see if the company’s records are correct. It also confirms if the company follows global accounting rules. Mubarak Al Ketbi (MAK) Auditing […]
Corporate Tax Benefits for Innovation-Driven Start-Ups and Tech-Driven Businesses 🥇
Introduction: Corporate Tax as a Growth Partner Corporate tax often looks like a burden for small start-ups and tech businesses. Owners feel nervous because it reduces immediate cash. Yet, in reality, it can bring strong advantages. In the UAE, rules for corporate tax are built to support innovation, investment, and fair market growth. Start-ups gain […]
