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How Does Corporate Tax Affect Business Owners in the GCC? In order to draw foreign investors and business owners, the Gulf economies have maintained low or even zero tax rates. Due to the region’s typically advantageous tax regimes, the GCC remains a desirable place for international investment. However, a number …
The real estate industry in the UAE has witnessed one of its biggest booms in the last few decades. With millions of dollars being invested and transactions going in multi-billions, UAE’s property market is at the cusp of becoming an economic power pillar, riding on heavy foreign investment and a …
In the last few decades, Dubai has witnessed an enviable transformation in terms of creating a conducive and inclusive business environment. Not only has the city played a pivotal role in helping the government realize its policies of economic diversification, but it has also been the cynosure of several other …
1. Trustworthy & Reliable Service An accounting firm with practical accounting experience that you might be missing is one justification for hiring them for your company. Even if you’ve studied accounting in class or through online video, faults might still occur. Getting an experienced and reputable firm to handle your …
You must adhere to the highest accounting standards when you expand into overseas markets and handle such significant transactions. IFRS is a universal financial reporting standard that is embraced and accepted by all nations. In order to assure compliance and proper paperwork, the majority of businesses comply to this process. …
You should concentrate on your clients, step up your marketing and sales efforts, assess your pricing tactics, and widen your market if you want to enhance your small business’s revenue. There are several tactics small business owners can employ to boost revenues and enhance bottom lines, regardless of their budget. …
One of the five primary transfer pricing techniques is the comparable uncontrolled price (CUP) method. It’s utilized to make sure that business dealings between connected companies cost about the same as those with unrelated businesses. Traditional transaction methods include the CUP technique. To maintain fair pricing everywhere, it examines the …
The golden visa was launched by the United Arab Emirates (UAE) in 2019 as a long-term residency scheme to grant professionals 10-year golden access. International investors and the best talent from around the world can obtain visas in Abu Dhabi under the UAE’s Golden Visa program. This covers professionals and …
UAE or United Arab Emirates is a truly unique global place in this world where tradition and opulence go hand in hand, and that too sometimes synonymously. When opulence goes a long way in the UAE, its transportation services too must bear credibility of this statement. The transportation services and …
United Arab Emirates or UAE or Emirates is the federation of seven Emirates, including Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al-Quwain, Fujairah, and Ras Al Khaimah. Though taxation in UAE was initially restricted to corporate taxes levied on foreign banks and oil companies, the companies will have to follow the …
Today’s small and medium-sized businesses have access to a wide variety of accounting tools, making it simpler than ever to maintain precise records of where your company’s money is going. Accounting software has simplified bookkeeping and accounting for small firms, but it has also increased the likelihood of errors and …
What is a UAE Tax Residence Certificate? A Tax Residency Certificate is a legal document that can be used to establish or prove the nation of tax residence. It is issued by the Federal Tax Authority (FTA) of the United Arab Emirates. The certificate has a one-year expiration date after …