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The United Arab Emirates (UAE) introduced Corporate Tax (CT) as part of its ongoing commitment to meeting with international tax standards for tax transparency and

What Is ILOE and How to Subscribe? The subscription to ILOE insurance scheme started on January 1, 2023 and it aims to protect employees by

1. Industry-Specific Expertise Matters Not all accounting firms in Dubai are equipped to handle the nuances of every industry. Whether you’re in real estate, retail,

Accounting Standards Interaction with Corporate Tax: Replacing Equity Method with Cost Method of Accounting Introduction In November 2023, the Federal Tax Authority (FTA) has released

Transfer pricing is the process of settling prices for transactions between related parties and this has several tax implications. Organizations seek the expertise of specialized

The Dubai International Financial Centre (DIFC) has restructured the end-of-service benefit and implemented the progressive contribution plan called DEWS on February 1, 2020. DEWS provides

An overview of FTA’s requirements for Correcting error or omission in VAT returns: In the ever-evolving landscape of tax regulations, staying informed and compliant is

Accounts Payable (AP) is an important part for all organizations, the process includes invoices, processing payments to suppliers and balancing accounts. This process can take

The introduction of Corporate Tax (CT) in the UAE marked a pivotal advancement in the nation’s tax framework. With the assumption that registration processes are

The United Arab Emirates (UAE) is one of the fastest-growing countries in the world, known for its worldclass infrastructure, diverse and inclusive population, safe and