Do you have questions about the registration of corporate tax in the UAE? It can be difficult to navigate the process, but it’s essential for companies operating in the UAE. We’ll break down the steps, criteria, and requirements for a smooth corporate tax registration process in the UAE. Corporate Tax Registration UAE Process The Steps in the […]

Charges for Corporate Tax Registration in UAE What are the main charges for corporate tax registration in the UAE Before registering, businesses should be aware of the charges associated with corporate tax registration. The charges are different depending on your company’s structure. For example, if you operate in a free zone or the mainland. The UAE government […]

How can you prepare for a financial external audit? A smooth audit process is dependent on a thorough preparation. You can minimize disruptions in your business by taking the right steps to make the auditing process easier. How to Prepare for an Audit Preparing for an external audit: Key steps To prepare for an external audit, you […]

What is Financial Business Auditing and Why Is It Important? What is a financial business audit? An independent financial audit examines a company’s records to verify accuracy and conformity with applicable standards. The audit involves reviewing financial reports, transactions and accounting methods to ensure that all information is presented in a fair and transparent manner. This audit […]

What is a Dubai operational audit? This is a thorough evaluation of the company’s operation, with a focus on efficiency, effectiveness and compliance. Operational audits can help companies identify areas in which they can reduce costs, improve performance and comply with local standards. Operational Audit Purpose Why Conduct an Operational Audit? An operational audit’s primary goal is […]

Ever wondered how to do a financial audit? Understanding financial audits can be crucial for anyone, whether you’re a business owner or accountant, or simply want to better manage your finances. A financial audit will help you identify potential mistakes and improve your financial transparency. How to Start a Financial Audit? To begin a financial audit, you’ll need […]

Why is Internal Audit Required in UAE? Why is internal audit necessary in the UAE? Businesses need internal audits to improve their risk management and governance processes, as well as evaluate the effectiveness of internal controls. Companies in the UAE use internal audits as a way to improve their financial performance, ensure compliance with law, and gain trust […]

Why is Internal Audit Required in UAE? Why is internal audit necessary in the UAE? Businesses need internal audits to improve their risk management and governance processes, as well as evaluate the effectiveness of internal controls. Companies in the UAE use internal audits as a way to improve their financial performance, ensure compliance with law, and gain trust […]

What is an External Audit in Dubai, UAE? External audits are independent reviews of financial statements conducted by external auditors in order to verify accuracy and compliance. For businesses in Dubai, it is vital to conduct such audits in order to maintain transparency and trust with their stakeholders and authorities. External Audit: Benefits Businesses in Dubai can benefit from […]

What is internal audit? What is an internal audit and why is it so important to businesses? Internal audits are a vital process that help organizations evaluate their internal controls, risks management and overall operations. It’s designed to improve operational efficiency and safeguard assets, as well as ensure compliance with law and regulation. Internal auditors perform a […]

Article 28 of the UAE Corporate Tax Law provided a detailed outline of deductible expenses that businesses can claim to reduce their taxable income. According to the law, businesses are allowed to deduct expenses incurred for the purpose of generating taxable income, provided they meet the conditions set forth. These deductions help in calculating the […]

Ministerial Decision 82 of 2023 refers to a key regulation in the UAE that outlines the requirements for businesses with revenues greater than AED 50 million during a relevant tax period. This decision is particularly important for businesses operating under the framework of the UAE’s tax laws, especially in relation to the submission of audited […]