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Year: 2024

What’s Next After Corporate Tax Registration?

What’s Next After Corporate Tax Registration?

Corporate Tax Registration is mandatory for businesses operating in the UAE. Failure to comply within the designated timeframe will result in a hefty penalty of AED 10,000. However, registration is merely the first step in a broader compliance journey. Following registration with the Federal Tax Authority (FTA), businesses must fulfill…
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Audit

Importance of the Audit Profession

We often hear the term “audit,” yet there remains a gap in how people understand and perceive this profession. The audit profession is important for businesses as well as other organizations. The primary role of an audit is to ensure that financial information is fair and free from material misstatements.…
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CT Reg deadline

Corporate Tax Registration Deadlines

Corporate tax registration is one of the crucial steps for most businesses operating in the United Arab Emirates (UAE). This is mainly to ensure compliance with the ever-evolving taxation regulations in the country and so on. However, one of the key issues in this scenario for businesses is to meet…
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