Frequently Asked Questions

In 2023, Corporate Tax registration starts. If your business’s tax period begins in June 2023, you must register by January. Tax returns and payments are required by February 2025, allowing you a nine-month window after your tax period concludes.

Outsourcing accounting functions ensures accurate financial records, compliance with tax regulations, and access to experienced professionals, often at a lower cost than maintaining an in-house accounting department.

Many small and medium-sized UAE startups can’t bear the cost of hiring a full-time accountant, including salary, software, and insurance expenses. To reduce these expenses, companies should consider outsourcing their accounting needs to professional accounting firms like NOW Consultant.

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