Spectrum Auditing, UAE in collaboration with Welltax Limited, United Kingdom (UK) is conducting a webinar on “Permanent Establishment (PE) and Qualifying Free Zone Person under UAE Corporate Tax”. Topics…
VAT Collected Without Registration and the Penalties in the UAE
Introduction: The United Arab Emirates (UAE) implemented a Value Added Tax (VAT) system on January 1, 2018, as part of its efforts to diversify revenue sources and reduce dependency on…
A Comparison of Salary Taxation in the UAE, USA, and UK
Introduction: When considering a job opportunity abroad, it’s crucial to understand the taxation system of the country you’ll be working in. Salaries and the associated tax obligations can vary significantly…
Keep Your Books of Accounts in Order for a Successful Business
Keeping accurate and organized books of accounts is crucial for the smooth operation and long-term success of any business. Proper bookkeeping provides a clear picture of your financial health, helps…
Corporate Tax on Free Zone Companies
UAE has introduced Corporate Tax on 1 June 2023. This webinar sheds light on the Corporate Tax, specifically focusing on free zone companies operating in the United Arab Emirates (UAE), the…
CT Awareness Session on Tax on Free Zone Companies
We are delighted to inform you about an upcoming webinar titled “UAE Corporate Tax – Awareness Session on Tax on Free Zone Companies” Some of the topics covered during…
Corporate Tax on Free Zone Business – Qualifying & Non Qualifying Person
Two new decisions have been issued by the UAE Ministry of Finance, outlining the essential aspects of the Corporate Tax system for legal entities operating within the free zones of…
Economic Substance Regulations (ESR) Notification Deadline
Following is a brief summary of the Economic Substance Regulations (ESR), the revised version by the Ministry of Finance, and the latest legal compliance requirement for all UAE Entities. Is…
Net Interest Expenditure Deductible – Corporate Tax Law
Download the Decision No: 126 – Interest deductible PDF from here: Download Why Spectrum Auditing? Spectrum Auditing will guide you with the laws and regulations of UAE,…
UAE Corporate Tax Registration has begun
Corporate Tax in UAE is implemented from 1st June 2023. FTA is accepting application for registration of Corporate Tax, through their EmaraTax Digital Tax Services. Click here to download…
Economic Zones World (EZW) Free Zone
The Economic Zones World (EZW) Free Zone, operating under the Dubai World Group, is dedicated to owning, managing, operating, and developing free trade zones and industrial parks. Established in 2006,…
How to choose an audit company for your business in the UAE?
The United Arab Emirates mandates that businesses undergo an annual audit to ensure adherence to common standards and the maintenance of precise financial records. Nonetheless, selecting an appropriate auditing company…