Wynn Al Marjan Set to Hire 7,500+ Employees in 2025, Boosting Ras Al Khaimah’s Economy:
Wynn Al Marjan Island, the eagerly awaited $3.9 billion integrated resort in Ras Al Khaimah, is getting ready to start a large hiring campaign in 2025, which would significantly enhance the UAE’s hospitality and tourist industry. The upscale project, which is a joint venture between Wynn Resorts and Marjan Properties, is anticipated to create more […]
Dubai Implements new Land Law to Promote Ownership and Investment Rights
With the release of a revolutionary new land law, Dubai has once again established itself as a leader in global real estate innovation. His Highness Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s vice president and prime minister and ruler of Dubai, introduced the bill with the intention of streamlining property ownership, boosting investor confidence, […]
The Changing Diversity of UAE Listings as Tech Startup’s IPOs take the Lead
With two stock exchanges, the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM), historically controlled by massive energy, banking, and real estate companies, the United Arab Emirates (UAE) has long been a center for the Middle East’s financial markets. However, as the nation works to diversify its economy as part of its Vision […]
Value-Added Tax in GCC and It’s Rates – Mubarak Al Katbi
Value-Added Tax in the Gulf Cooperation Council and Its Rates The Gulf Cooperation Council (GCC) is a group of Arab countries in the Persian Gulf, except Iraq. These countries are Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar. The GCC was formed in 1981 to help these countries work together. The main goal […]
All About Corporate Tax in UAE – Mubarak Al Katbi
Simple Guide to Corporate Tax in the UAE In January 2022, the UAE Ministry of Finance shared that Corporate Tax would start across the UAE. This tax rule would start from June 1, 2023. The tax applies based on the business’s financial year starting after June 1, 2023. Corporate Income Tax is a direct tax […]
Financial Records Required for CT Registration and filing returns
Do you know what documents are needed for CT Registration and filing returns in the UAE? Before we talk about the paperwork, it’s important to first understand what CT Registration and filing returns means. On January 31, 2022, the UAE Government announced that corporate tax would be applied to business profits. This tax started for […]
Accounting Services for Construction Companies in Dubai
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 […]
Accounting Services for Logistics in Dubai
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 […]
Bookkeeping Services For Real Estate in Dubai
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. […]
How to Register for Corporate Tax in UAE – A Step-by-Step Visual Guide
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. […]
