Federal Tax Authority of UAE or UAE FTA was set up in 2017 to implement and manage the introduction of Excise and Value Added Tax in the UAE. UAE and specifically, Dubai being a trading hub with a significant volume of imports and re-exports, the tax treatment for these involvedRead More →
Dubai has always been a place to build your financial plans and see it realized. It was always a place making it easy to live and grow your financial portfolio and family lifestyle. However, with the global economic environment becoming challenging and its related impact on the local economy, asRead More →
Work Permit costs have been reduced by 50 % for skilled labor!! A recent news article on Khaleej Times (dated 11th July, 2019) highlighted the slashing of rates for labor related charges by the Government. This is one of the best news to come out in recent times along withRead More →
Dubai has always focused on building its reputation as one the top tourist destinations not only regionally but at the global tourism space. Tourism has contributed to the phenomenal growth of this Emirate in this short span of time compared with other global tourism hotspots with which Dubai competes. FreeRead More →
PRO Services While generally, PR services refer to managing the Public Relations for an Organization, PRO Services in the Gulf region actually refers to managing the Government relations for an Organization. It represents the investor with the government entities, with which regular interaction is required to run a business inRead More →
VAT compliance The United Arab Emirates introduced Value Added Tax on 1st January 2018. It has now been over 18 months of implementation. As an accounting firm, we ensure that our clients achieve full vat compliance at all times. However, our review and interaction with various businesses providing services andRead More →
Tourist Visa Tourism is one of the major sectors for the UAE and Dubai in particular. The country has invested significantly to make this desert region a tourist paradise. Be it an exotic range of culinary delights, the top class landmarks, the excellent law, and order, the fabulous infrastructure, theRead More →
Options for business setup in Dubai Dubai has been one of the fastest growing geographies over the past three to four decades. The rulers have been forward-looking and pragmatic and have invested in making Dubai attractive for business. This includes investments in building quality infrastructure, legislating business-friendly rules which makeRead More →
We are pleased to introduce Businessmen Services as part of suite of services more commonly known as PRO services from our Dubai mainland office. This helps us to expand our portfolio of services from accounting services and vat services to the full suite of PRO services, this helps us toRead More →
Date of supply is a very important concept to be well versed with to ensure full compliance with the VAT guidelines in place. Date of supply is the date or point where VAT becomes chargeable, the tax period within which this date falls requires the tax to be reflected inRead More →