Not maintaining proper accounts? Let’s get set to go with corporate tax hassle-free! The small size businesses and business owners may have the following questions like do we need to…
How to login to goAML system on UAE Central bank website?
After creating the company account on goAML system, logging into the account is not straight forward, hence following are the steps to perform to access your goAML account. goAML…
Resale Price Method
As per OECD guidelines, entities required to compute Arm’s Length Price (ALP) should compute it using the most appropriate method. Since UAE Corporate Tax public consultation document refers to the…
International Free Zone Authority (IFZA)
Brief introduction about International Free Zone Authority (IFZA) International Free Zone Authority (IFZA) is a free zone established in the emirate of Dubai. IFZA is known as the cheapest and…
Factors to consider before hiring an Auditor in Dubai
Dubai is a business hub and this city witness lot of business owners and investors every year. The reason is there are business friendly policies, tax benefits, and an easy…
AED 1.3 Million Penalty – Non Compliance with AML Laws
UAE is now fully committed to combat against illegal financial activities such as money laundering and has put in place strict policies & strategies to detect and prevent financial crimes…
Start Your New Venture With Maximum Benefits by Forming a Company in Dubai
Today’s business and corporate world has changed magnificently compared to past years. Entrepreneurs are exploring different countries to set up their own businesses and companies. It is seen that most…
Reasons to hire Auditing Services in Dubai
Companies registered in different countries comply with various applicable laws, rules, and regulations. The businesses concerned which started a new venture or set up a company in Dubai need to…
IFRS 15: Revenue from Contracts with Customers
After release of IFRS 15 – Revenue from contracts with customers (“IFRS 15” or the “Standard”), many companies have got impacted and had re-look at their accounting policies relating to…
Corporate Tax – Administration
(Based on the public consultation document on corporate tax in the UAE released by the Ministry of Finance) The United Arab Emirates (UAE) will introduce the federal Corporate Tax…
Tax Groups under UAE Corporate Tax
Following information is prepared based on the public consultation document issued by the UAE Ministry of Finance and this needs to be reconfirmed once the final law is released. …
Cost Plus Method
As per OECD guidelines, entities required to compute Arm’s Length Price (ALP) should compute it using the most appropriate method. Since UAE Corporate Tax public consultation document refers to the…
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