Valuable Insights That Empower Your Decision-making

Business professional reviewing documents in an office, representing UAE Cabinet Decision on corporate tax exemption for sports entities.
Corporate Tax
CA Prateek Chhabra

UAE Cabinet Decision No. 1 of 2026: Corporate Tax Exemption for Sports Entities

The United Arab Emirates has strengthened its position as a global hub for sports development and international sports organizations. In line with this vision, the UAE Cabinet issued Cabinet Decision No. 1 of 2026, granting corporate tax exemptions to certain sports-related entities under the Corporate Tax framework.   This decision operates under Federal Decree-Law No. 47 of 2022 on

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Cloud accounting: the future of accounting for modern businesses
Accounting
admin

Why Cloud Accounting preferred- The Future of Accounting?

Is your company still using spreadsheets or desktop software for accounting? Well, it may be time that you consider upgrading to a cloud-based accounting system; Gone are the days of computerized accounting, the upgraded version of traditional accounting. Today cloud accounting has massively contributed to the way accounting operates in

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Profit Margin Scheme under UAE VAT explained by RVG
Value Added Tax (VAT)
CA Prateek Chhabra

Profit Margin Scheme under UAE VAT

Value Added Tax (VAT) is generally charged on the full value of goods and services. However, for businesses dealing in second-hand goods, antiques, and collector’s items and article 53 goods, charging VAT on the entire selling price can lead to tax cascading –where VAT is effectively charged multiple times on the same item.  To address this,

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Advance pricing agreement under uae corporate tax
Corporate Tax
CA Prateek Chhabra

Advance Pricing Agreements under UAE Corporate Tax

Advance Pricing Agreements under UAE Corporate Tax With the introduction of Corporate Tax in the UAE, transfer pricing compliance has become a critical area for businesses dealing with related parties. To provide certainty and reduce disputes, the UAE has introduced the Advance Pricing Agreement (APA) programme, a structured mechanism that allows

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Calculation of sugar and sweeteners in concentrated products under UAE Excise Tax as per FTA Decision No. 10 of 2025 explained by RVG
Excise Tax
CA Prateek Chhabra

Mechanism for Calculating Sugar and Sweeteners in Concentrated Products

With the increasing regulation of sweetened drinks under the UAE Excise Tax regime, the Federal Tax Authority (FTA) has issued Decision No. 10 of 2025, introducing a standardised mechanism for calculating the percentage of sugar and other sweeteners in certain concentrated products.  This Decision becomes particularly relevant where existing guidelines are unavailable or have been proven

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UAE Excise Tax Deduction Rules 2026 explained under FTA Decision No. 11 of 2025 by RVG
Excise Tax
CA Prateek Chhabra

New Rules for Excise Tax Deductions in the UAE

The Federal Tax Authority (FTA) has issued Decision No. 11 of 2025, introducing additional cases where Excise Tax already paid on excise goods may be deducted, along with specific controls and conditions for claiming such deductions.  This Decision is effective from 1 January 2026 and is particularly relevant for manufacturers, warehouse keepers, and businesses dealing in excise goods, especially sweetened drinks and

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