When it comes to managing finances and maintaining accurate records, businesses need a reliable partner they can trust. That’s where Spectrum Auditing, a leading provider of accounting services in Dubai,…
Streamline Your Business with Effortless VAT De-registration UAE with Spectrum Auditing
As a business owner, there are various legal and financial obligations that you need to adhere to. One such obligation is VAT registration, mandatory for businesses meeting certain criteria in…
Get Expert Assistance for Company Liquidation in Dubai and Turn Your Assets into Cash with Spectrum Auditing
If you are a business owner in Dubai, you may have heard of the term “company liquidation. “This process can help your business navigate tough financial times or allow…
Corporate Tax Registration
The Ministry of Finance introduced (Federal Decree Law no. 47 of 2022) Corporate Tax, w.e.f 1st June 2023, in UAE on business profits. The corporate tax in UAE will be…
Best Practices for Building a Secure Financial Future
In an ever-changing and uncertain economic landscape, ensuring a safe and secure financial future has become a top priority for individuals and families. By adopting best practices and implementing smart…
UAE Corporate Tax – Requirements for Maintaining Transfer Pricing Documentation
The UAE Ministry of Finance has issued Ministerial Decision No. 97 of 2023 on the Requirements for Maintaining Transfer Pricing Documentation (Master File & Local File). Here we have…
UAE Corporate Tax – Conditions for a Person to Continue to be Deemed as Exempt Person or Ceases to be Deemed Exempt
The UAE Ministry of Finance has issued Ministerial Decision No. 105 of 2023 on the Determination of the Conditions under which a “Person may Continue to be Deemed as an…
UAE Corporate Tax – Conditions under which the presence of a Natural Person would not Create a Permanent Establishment for a Non-Resident Person
As per Ministerial Decision No. 83 of 2023 on the Determination of the Conditions under which the Presence of a Natural Person in the State would not Create a Permanent…
UAE Corporate Tax – Taxable Persons Required to Prepare and Maintain Audited Financial Statements
As per the UAE Ministerial Decision No. 82 of 2023 on the Determination of Categories of Taxable Persons Required to Prepare and Maintain Audited Financial Statements for the Purposes of…
UAE Corporate Tax – Timeline for Application for Registration and Exemption for Exempted Entities
As per federal Tax Authority Decision No. 7 of 2023 Issued 7 April 2023 (Effective from 1 June 2023) The Corporate Tax Registration Timeline will be as follows for…
UAE Corporate Tax Deregistration Timeline
For the purposes of Federal Decree-Law No. 47 of 2022, the person can make an application for de-registration by following the timelines provided by the authority. As per Decision…
UAE Corporate Tax – Conditions for Change in Tax Period
Conditions for Change in Tax Period for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses. For the purposes of Article 58…