Category Archives: Auditing & VAT Software Services

Top 10 Audit Firms in Dubai – 2023

By | November 23, 2023

The most important component of any firm is accuracy in accounting and auditing. choosing a trustworthy audit is so vital. Thus, potential business partners will view your company as a dependable and trustworthy entity. How to Choose an Auditing Firm: What to Consider Consider your auditing company as a dependable business partner. They are someone… Read More »

ERP Software drives efficiency and compliance: Corporate Tax UAE

By | September 26, 2023

The UAE authorities introduced a corporate tax on June 1st, 2023. As per the new law, any taxable individual or business must pay a 9% corporate tax, starting from their initial financial year that begins on or after the mentioned date. Let’s explore the connection between ERP Software and corporate tax UAE.  This announcement has… Read More »

International Banks in Dubai – 2023

By | July 25, 2023

The international banks in Dubai, UAE act as a conduit to international markets. They provide a variety of services that make it simple for people and companies to conduct international commerce. Multi-currency accounts, international wire transfers, foreign exchange services, and more are among these services.  Additionally, a lot of foreign banks in the UAE have… Read More »

Business Setup in Dubai – Complete Guide

By | July 25, 2023

Due to its advantageous location, robust economy, and pro-business atmosphere, Dubai, United Arab Emirates, is a preferred place for business development. Thus, business setup in Dubai becomes profitable for entrepreneurs. There are several benefits to establishing a business in the UAE and Dubai, including 0% tax incentives, 100% foreign ownership, access to talent, and first-rate infrastructure.… Read More »

Top 10 Industries in UAE

By | July 25, 2023

The United Arab Emirates (UAE) has transformed itself into a global economic powerhouse in recent years, with a diverse business landscape.  In this blog, we will explore the top 10 industries in the UAE, highlighting their significance in driving economic growth and innovation.  We will also discuss how implementing Enterprise Resource Planning (ERP) software can… Read More »

Top 10 Banks in United Arab Emirates

By | July 25, 2023

UAE banks are collaborating to improve the country’s SME economy’s prospects. While the banking industry worldwide is struggling with high inflation and, more recently, a banking crisis, banks in the Middle East have become stronger. Also, it is anticipated that this trend will continue until 2023. The United Arab Emirates (UAE) has emerged as a… Read More »

Top 10 Accounting Firms in Abu Dhabi

By | July 25, 2023

Abu Dhabi, the capital city of the United Arab Emirates, is a thriving business hub with a rapidly growing economy. In Abu Dhabi, a thriving center of commerce, people congregate to trade products and services. Due to the UAE’s stringent enforcement of financial regulations, which guarantees that all participants have an equal playing field. Participants… Read More »

Top 10 Audit Firms in Abu Dhabi

By | July 25, 2023

Auditors indeed have a substantial impact on enhancing corporate governance in Abu Dhabi. So, engaging the right audit firms in Abu Dhabi is essential for any company, as the transparency of financial operations is essential to protect the interests of shareholders. Financial audits are essential for a business to ensure that it complies with regulatory requirements and… Read More »

Top 5 Corporate Tax Exemptions and Incentives in the UAE

By | July 25, 2023

Corporate tax exemptions and incentives are key factors that attract businesses to the United Arab Emirates (UAE). With a business-friendly environment and a focus on economic growth, the UAE offers a range of tax benefits to support and incentivize businesses. In this blog post, we will explore the top 5 corporate tax exemptions and incentives… Read More »

How to calculate Corporate Tax in UAE

By | July 25, 2023

For a long time, the UAE has been a tax haven! Entrepreneurs and small company owners from all over the world were flocking to Dubai and other Emirates to pursue their goals. Because of the subsidized corporation tax and hospitable business climate. To flourish. To accomplish. The corporate climate evolves as time goes on. The… Read More »

Corporate Tax 2023 – United Arab Emirates

By | July 25, 2023

Recently, the authorities of the United Arab Emirates (UAE) announced that the corporate tax will get introduced from 1st June,23 in the country. As expected, this news has created a buzz among businesses and tax professionals. Interestingly after this, the UAE will become 4th among the GCC countries to introduce a federal corporate tax. If… Read More »

How to calculate VAT in UAE

By | July 25, 2023

VAT A value-added tax (VAT) is a form of tax that is levied gradually. It is applied to the price of a product or service. Usually applied at each stage of manufacture, distribution, or sale to the end user. The final customer can reclaim the VAT tax paid if they are a firm that collects… Read More »

Corporate Tax Limit and Applicability in Dubai, UAE

By | July 25, 2023

Before starting the blog, let’s talk about corporate tax. According to the UAE Ministry of Finance, a federal corporate tax (CT) was implemented on corporate net earnings. The net income or profit of corporations and other organizations from their business is taxed directly as corporate tax. All businesses operating in the UAE must pay UAE… Read More »

Know More Benefits of Applying VAT in Oman

By | July 25, 2023

The application of Value Added Tax will be revolutionary for the country as it will not only benefit the growth of the economy but will also support the progress of the country as a whole. This would prove to be one of the critical steps that the state takes to expand its economy. Oman would… Read More »