2025 - Page 4 of 4 - Creative Tax & Accounting

Why Hire a Virtual Finance Profesional for your Business?

07 Mar 25

Why Hire a Virtual Finance Professional for your Business?

The post-COVID era has transformed the way businesses operate, unlocking massive potential in hybrid and remote work models. Even in the world’s most developed economies, office spaces sit empty as companies shift to more flexible work environments. Among the industries experiencing this shift, finance stands out as a sector where…

21 Feb 25

De Minimis Requirement in UAE Corporate Tax

A free zone entity can achieve a 0% corporate tax rate if it becomes a qualifying free zone person. To become a qualifying free zone person, there are certain conditions to meet. One of those conditions is to satisfy the de minimis requirement. Yes, at first it is a bit…

14 Feb 25

Common Tax Pitfalls in the UAE and How to Avoid Them

There are instances when a business or a taxable person commits mistakes that may result in a penalty. On the other hand, a taxable person may be unaware or simply forget to claim a tax relief that might have resulted in a lower tax liability. Both these cases are not…

07 Feb 25

Top 5 Audit Trends and Key Priorities in 2025

In the business world, the word audit can sometimes be a worry for certain individuals. This is mainly in the case of a year-end external audit. It requires effort not only from the auditor but also from the relevant personnel of the respective organization. For instance, accountants are one of…

31 Jan 25

Top Accounting Trends for UAE Businesses in 2025

Over time, there is a change in how we perform tasks. With the so-called modernization, every business process is going digital or automated. Especially in the UAE, the government aims for a paperless economy; therefore, businesses must ensure that they align with the changing environment. Regarding accounting, the older way…

24 Jan 25

Year-End Accounting Checklist for UAE Businesses in 2025

As the year draws to a close, businesses gear up for one of the most crucial periods of the accounting cycle: the year-end. To ensure a smooth and compliant transition into the next financial year, here is a practical and actionable checklist tailored for UAE businesses in 2025. 1. Reconcile…

17 Jan 25

Impact of Corporate Tax on Accounting Function in the UAE

In the UAE, as the corporate tax is applicable from 1st June 2023, and onwards, there are various aspects that businesses must look to. One of the key areas is the change or effect on accounting services. As the calculation of corporate tax is primarily based on financial information, there…

10 Jan 25

Corporate Tax Compliance 2025 Checklist for UAE Entities

As the new year “2025” started with positive resolutions, the goal of every business is not just achieving financial success but also being compliant. This keeps the overall business running smoothly and avoids fines and penalties. Furthermore, a compliant enterprise usually has a high reputation in the business world. In…

Year: 2025