Valuable Insights That Empower Your Decision-making

Man in a mask talking on the phone, representing financial fraud prevention in UAE
Others
CA Prateek Chhabra

Strategies to Defend Against Financial Fraud in the UAE

Financial fraud is a pressing concern for businesses in today’s interconnected and complex environment. It includes a wide range of threats, both internal and external, which can have devastating consequences. To shield your business from these risks, it is essential to establish strong strategies and cultivate a culture of vigilance. In this article, we will delve into the best ways to safeguard your business from financial fraud.

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Financial charts, calculator, pen, and laptop on a desk, representing transitional rules for corporate tax
Corporate Tax
CA Prateek Chhabra

Transitional Rules for Corporate Tax

Types of Qualifying Assets and Liabilities The UAE Ministry of Finance has issued Ministerial Decision No. 120 of 2023, providing essential guidelines for businesses under the Transitional Rules for Corporate Tax. These rules assist taxable persons in adjusting their taxable income to avoid future taxes on unrealized gains in certain

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