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Accounting and Business Blogs

VAT Barter Transactions

Understanding VAT on Barter Transactions: What VATP042 Means for UAE Businesses

In May 2025, the UAE Federal Tax Authority (FTA) released Public Clarification VATP042, offering clear guidance

Is the UAE Golden Visa worth it? Here’s What You Need to Know in 2025

The UAE Golden Visa has undergone significant improvements in 2025, making it more accessible and rewarding

Expanding to Jordan? What UAE Businesses Should Know Under the CEPA

The UAE–Jordan Comprehensive Economic Partnership Agreement (CEPA), now officially in force, is reshaping how businesses in

UAE Corporate Tax Reform: Key Changes Every Business Must Know (2025 Mid-year Update)

The UAE has entered a critical phase of its corporate tax journey. While the Federal Decree-Law

Understanding the 15% Domestic Minimum Top-Up Tax (DMTT) in the UAE

Starting January 1, 2025, the UAE  implemented a new tax known as the Domestic Minimum Top-Up

Essential Terms Every New Business Owner Should Know About UAE Corporate Tax and VAT

Understanding the UAE tax system is no longer optional for business owners; it is now essential.

ICOFR

The Role of Internal Control over Financial Reporting (ICOFR) in Strengthening Financial Integrity in UAE Companies

Internal Control over Financial Reporting (ICOFR) is the system of policies, procedures, and practices that ensures

A Guide to VAT Deregistration Process (VAT Cancellation)

VAT deregistration refers to the formal process of cancelling a business’s VAT registration (TRN) with the

Corporate Tax Penalty Waiver: What Businesses Should Act Now

The Federal Tax Authority (FTA) has rolled out a transitional relief mechanism to ease corporate tax

UAE E- Invoicing

Mandatory E-Invoicing in the UAE: How to Prepare Before 2026

The UAE Ministry of Finance has announced the implementation of mandatory e-invoicing for B2B and B2G

Business Valuation UAE

Business Valuation in UAE: Here’s What You Need to Know

Whether you’re scaling your operations, preparing for an acquisition, or planning an investor pitch, knowing your

How to File a VAT Reconsideration Request in the UAE

Understanding VAT Reconsideration in the UAE Businesses registered for Value Added Tax (VAT) may occasionally face