April 17, 2025

In keeping with international norms, the UAE keeps fortifying its tax system. In a major step, the Ministry of Finance adopted comprehensive Commentary and Agreed Administrative Guidance to execute Cabinet Decision No. (142) of 2024 on the UAE Introduces Top-Up Tax for Multinational Enterprises (MNEs) in Ministerial Decision No. (88) of 2025. The UAE’s adherence […]

April 15, 2025

According to the Ministry of Finance, the United Arab Emirates has revised the tax treatment of limited partnerships and investment funds as part of its continuous efforts to improve the nation’s investment climate and bring it into line with international best practices. Updated regulations for Qualifying Investment Funds (QIFs) and Qualifying Limited Partnerships under Federal […]

April 10, 2025

Construction Companies in Dubai: The construction companies in Dubai are growing, fueled by the city’s fast paced progress, with ambitious projects, and global infrastructure initiatives. From luxury real estate developments to massive commercial ventures, construction companies in Dubai are always on demand. Hence, as the demands for construction business grows, managing finances, tracking expenses, tax […]

April 10, 2025

Serving as a hub trade and transportation, logistics industry in Dubai plays an important role to UAE’s economy. Accounting Services for Logistics in Dubai Having a solid accounting services by hiring a professional accounting partner, is crucial for logistics businesses to stay compliant, updated to UAE tax regulations, optimized costs and make informed decision. Here’s […]

April 10, 2025

Bookkeeping services for real estate in Dubai are important to navigate accurate financial records thru complexities with being compliant with local regulations. It’s very essential for property owner, real estate agent, or property management company to seek professional bookkeeping assistance to streamline its business operations and Mubarak Alketbi Chartered Accountants can provide you with that. […]

April 10, 2025

According to Federal Decree Law 47 from the Federal Tax Authority (FTA), all businesses must get a Corporate Tax Registration Number. This rule also applies to businesses in Free Zones. Exempted Persons must also register. Businesses must send their tax returns and pay any taxes within nine months after the end of their tax period. […]

April 10, 2025

Corporate Tax is a form of tax applied on businesses (applicable requirements are discussed in this article) on the net profits a business gain. On 31 January 2022, the tax landscape of the UAE shifted when the UAE Government put the Corporate Tax practices implemented in the business world of UAE. This article will discuss: […]

April 10, 2025

The Corporate Tax for Businesses Law (Federal Decree-Law No. 47 of 2022) is a recent law established in the UAE on the business landscape. Most businesses (especially new ones) don’t understand it well, and so make mistakes when filing for Corporate Tax. This article will discuss the most common mistakes businesses make, and how to […]

April 10, 2025

Having a SME in Dubai comes with growth opportunities and challenges. One of the key activities is effective financial management. Effective accounting and bookkeeping are vital for business. Why Accounting and Bookkeeping Are Crucial for SMEs in Dubai Dubai, as a global business hub, offers tremendous growth opportunities for SMEs, but its financial landscape can be complex. Here’s why accounting and bookkeeping are necessary: Primary Accounting and Bookkeeping Services for SMEs in Dubai Benefits […]

April 10, 2025

Accounting and Bookkeeping Firms in Dubai Dubai, a global hub for businesses especially with redefine and innovation has become a magnet for businesses from around the world. With its strategic location, tax-free zones, and business-friendly regulations, the city offers unwavering opportunities for both entrepreneurs and businesses. However, navigating the financial complexities of running a business […]

April 10, 2025

The UAE introduced corporate tax on business profits starting June 1, 2023, with standard rate of 9 %/ To endure compliance, businesses must follow these steps when preparing for corporate tax filing: Corporate Tax Filing for VAT Registered or NOT Businesses in the UAE Corporate Tax Filing for Out-of-scope Businesses: In the UAE, out-of-scope business […]

April 10, 2025

The following individuals or entities are not required to register for Corporate Tax with the Authority: How MAKCA can help? By appointing Certified Tax Agent helps determine if your business qualifies for an exemption from UAE Corporate Tax registration by assessing your activities, income sources, and compliance with tax laws. They evaluate whether you fall […]