How Corporate Tax is Going to affect the Business in UAE
The introduction of corporate tax in the United Arab Emirates (UAE) is likely to affect businesses in a number of ways. The main impact will be the requirement for businesses to pay corporate income tax on their profits. This may increase the cost of doing business and could potentially impact the profitability of some companies.
How Bkper and RVG Accounting use automation to improve client’s financial reports for analysis
Problem / The challenge Lets See how Bkper solved one of our client’s need very easy . Although accurate financial statements are a very helpful resource, analysis of your business can still be challenging as soon as you grow and work with larger amounts of data.Understanding this and looking for
Guidance on Appeal Filing concerning Economic Substance Regulations
The Guidance on Appeal Filing ESR assists Licensees or Exempted Licensees in submitting an appeal request to the Federal Tax Authority (FTA) related to imposing Administrative Penalties concerning Economic Substance Regulations (ESR). Under Cabinet Resolution 57 of 2020, the Federal Tax Authority is defined as the National Assessing Authority and
Starting a Foreign Company Branch in UAE
Starting a Foreign Company Branch in UAE is a milestone for many Foreign Business owners. Although UAE offers many advantages for companies here, starting a Foreign Company Branch in UAE has some regulations to follow. These companies have very few options & likewise, setting up this business here depends on
Ecommerce Business Setup in UAE – Choosing between Mainland and Free zones.
An Ecommerce Business is a process an organization carries through the online medium and is one of the thriving businesses as many prefer to buy goods online by sitting in the comfort of home instead of going out hunting for the desired one from store to store. Why would anyone
External Audit Process and its Importance for DMCC Companies
UAE has set up many Freezones to allow investors or people to set up their company in the country and operate it without worrying about taxation. These Freezones deliver many advantages and services during the complete duration of the business; One such free zone is the DMCC or Dubai Multi
