Blogs

General Trading License in UAE How can you get a General Trading License in UAE? Dubai is home to more than 200 nationalities, and it holds the title of the world’s most cosmopolitan city. Dubai is not only a place to run...

Company Liquidation in Dubai: What are the 5 Checklists Before Liquidation? Company Liquidation in Dubai and other Emirates of the UAE is mandatory for any kind of businesses if they...

Is Economic Substance Regulations in the UAE applicable to your business? Economic Substance Regulations in the UAE is applicable to all licensee (natural & juridical person) carrying the relevant activities in UAE including the li...

What does it mean VAT on Sale of Business as going Concern? Sale of an asset is a taxable supply under the UAE VAT Law. What about the applicability of VAT on the sale of a business or transfer of a bu...

VAT treatment of Options and Option Premiums VAT treatment of Options and Option Premiums is the latest public clarification issued by the Federal Tax Authority (FTA) vide clarification No: VATP014. This article provides an insight int...

What is Internal Audit in Dubai? As per the definition given by IIA (Institute of Internal Auditors)- Inte...

Economic Substance Regulations in UAE Economic substance regulations are the new cabinet decision enacted by the United Arab Emirates (UAE) ministry through Cabinet Decision No.31 on 30th April 2019. It provides the criteria...

Reimbursement and disbursement of expenses in UAE VAT Reimbursement and disbursement of expenses in UAE VAT, whether taxable or not, is always an uncertainty among the business community from the date of implementation of VAT in the UA...

Books of Accounts All Businesses Establishments and Taxable entities who have registered for VAT in UAE...

The Cabinet of the United Arab Emirates (UAE) has now decided to give 100% Foreign Ownership for 122 economic activities in 13 sectors. The 13 sectors play a key role in the UAE economy. The decision is aimed at boosting growth and investment of t...