Blogs

Economic Substance Regulation[ESR]- Post Submission of Notification / Report Economic Substance Regulation in the UAE was introduced in the year 2018 and came into effect for Financial Year starting from 1st January 2019. By now all th...

VAT on Exports of Goods in the UAE The United Arab Emirates [UAE] plays a major role in international trades especially to connect the movement of goods through its ports. We know many businesses in UAE have a huge volume of Imports an...

Robotic Process Automation [RPA] Robotic Process Automation [RPA] is a software technology that imitates human actions while interacting with the digital systems performing different kinds of activities in IT applications. ...

Penalties for Non-Compliance of AML Regulations Administrative penalties for violation have been listed in Decree-law No. 10 of 2018. However, through Cabinet Decision No. (16) of 2021, the UAE Ministry of Economy and Justice has issue...

Amendment in administrative penalties –UAE VAT The Federal Tax Authority (FTA) has announced a reduction in penalties for businesses to file accurate tax returns by June 28, 2021. The UAE Cabinet issued Resolution 49/2021 to amen...

Go for an appeal if the penalty on ESR is raised. Did you successfully submit the Economic Substance Notification & Economic Substance Report of your company to the Ministry of Finance? Did you get any response from the a...

Beneficial Owner Procedures / UBO – Adhering the Deadlines Beneficial Owner Procedures Regulation commonly known as UBO was introduced in the UAE vide Cabinet Decision No. 58 of 2020, on 24 August 2020. Beneficial Owner Procedure...

SAIF Zone Approved Auditor(Sharjah International Airport Free Zone Auditors)  Sharjah Airport International Free zone is also known as SAIF Zone runs attractive business facilities in the region, which includes the swiftness and s...

Free Zone License in Sharjah Media City (SHAMS) Shams Freezone License is a permit that allows a company to operate within Sharjah Media City (Shams) under specific business activities. We can assist you with all aspects of your F...

Auditing Firm in JAFZA-  Jebel Ali Free Zone Authority (JAFZA)  is one among the oldest free zones in the United Arab Emirates (UAE) catering to the needs of thousands of the business and supporting UAE’s objectives of...