How To Make VAT Payments To FTA In UAE?
All registered taxpayers in the UAE need to file VAT returns monthly or quarterly. If the output VAT is more than what can be recovered, the difference is a VAT liability to be paid to the FTA. EmaraTax has been launched by the Federal Tax Authority (FTA) for VAT payments in the UAE. If you […]
What Are The Corporate Tax Registration Deadlines For UAE Companies?
Businesses in the UAE must comply with set deadlines for submitting their Corporate Tax registration applications. Effective March 1, 2024, the Federal Tax Authority (FTA) has outlined specific timeframes for different types of taxable entities or individuals to register for corporate tax in UAE, ensuring compliance with tax laws. The latest Federal Tax Authority Decision […]
Starting A Business In Dubai As A Foreigner: All Things You Should Know!
The economic hub of the Middle East ‘Dubai’ has business opportunities for foreigners who want to set up their business from scratch. As a matter of fact, 90% of the population are foreigners in the city. This means that it is a lot easier for foreigners to operate their businesses as they will get a […]
List of 19 Highly Successful Business Ideas In Dubai, UAE
Dubai is a successful business destination known for its growing economy and business-friendly atmosphere. The city offers numerous opportunities for successful business ideas, catering to various industrial sectors and a diverse population, whether you’re a local or a foreign investor. Establishing a business in the UAE proves profitable, given that foreigners make up half of […]
Money Mysteries: How Accountants Keep Your Dirhams in Line?
In the UAE’s changing regulatory landscape, having a skilled accountant is vital for businesses. Accountants ensure compliance and offer crucial financial insights to drive the growth of businesses in the UAE. A professional accountant collaborates with your company to create customized business plans aligned with Dubai’s market dynamics, offering a strategic roadmap for growth. These […]
Outsourcing vs. In-House Bookkeeping: Making Informed Decisions for UAE SMEs
In today’s business world, choosing between in-house and outsourced bookkeeping is vital, especially for UAE businesses given its global importance. Initially, many handle bookkeeping internally, but as they expand, outsourcing becomes attractive for its cost-effectiveness and access to skilled professionals. Particularly, small businesses facing resource constraints must weigh the pros and cons of Outsourcing Bookkeeping […]
How To Start An Online Business In Dubai, UAE?
Dubai is a strategic global hub with world-class infrastructure and a business-friendly environment with top-notch infrastructure, services, a free enterprise system, and an attractive financial sector. Its diverse trading strategies make it an exceptional market for global companies across industries in the digital era. With widespread internet access and advanced infrastructure, Dubai’s vast online market […]
How To Obtain an Online Business License In Dubai, UAE?
Dubai’s location, infrastructure, and policies make it a perfect hub for online business and E-commerce. Dubai boasts a top internet penetration rate and is a leader in the B2C eCommerce market, with over 60% of GCC online shoppers. The demand for online business licenses is high due to the convenience of 24/7 online shopping and […]
Complete Guide To Open A Free Zone Bank Account In UAE
Opening a bank account for your free zone company in the UAE is crucial due to its attractive zero taxation rates, drawing individuals worldwide. businesses across the world benefit from the UAE’s tax advantages, allowing complete ownership of earnings without corporate or income taxes. This makes it advantageous for both foreigners and residents. However, expert […]
What Are The Benefits Of UAE Golden Visa?
The UAE’s strategic location and ample business opportunities make it a preferred destination for global entrepreneurs, investors, and professionals. The UAE has launched the Golden Visa program to attract global investors and skilled professionals, providing them with the opportunity to benefit from the country’s business-friendly environment. This exclusive initiative offers a path to long-term residency […]
