2026 - Creative Tax & Accounting

03 Feb 26

What Tax Records UAE Businesses Are Expected to Maintain

Tax compliance is not simply filing tax returns and paying the tax liability. However, it is more than that. One of the prime tax responsibilities includes maintaining UAE tax records or documentation. Therefore, businesses must strive to put in place systems and procedures built into the organization that keep and…

02 Feb 26

Why Accounting Accuracy Helps Avoid Regulatory Penalties

The role of accounting is sometimes merely taken as the medium to calculate the profit and loss of a business. However, it is more than that. The financial records of a business must be accurate in ways that are in compliance with the relevant standards, laws, and regulations. In addition…

28 Jan 26

Importance of Internal Controls for Growing Businesses

Why Internal Controls Are Critical for Growing UAE Businesses The presence of internal controls is the backbone of a compliant and organized business anywhere in the world. Therefore, a lack of controls truly reflects weaknesses not just in the systems and procedures, but also in how risky a business is…

21 Jan 26

Fraud Detection & Prevention for the UAE Entities

Fraud Detection & Prevention Strategies for UAE Businesses The existence of fraud in an organization may pose an existential risk, affecting small to large businesses. It is much like a contagious disease that impacts the whole entity. Therefore, it is necessary to detect and prevent fraud and errors. Frauds not…

14 Jan 26

VAT Recovery in the UAE

VAT Recovery in the UAE: How to Claim Input VAT Correctly Taxpayers often discuss value-added tax (VAT) liability, which is, in fact, output VAT. However, there are cases when a refund claim for VAT is made from the tax authority, referred to as input VAT or recoverable VAT. The simple…

07 Jan 26

Common Corporate Tax Mistakes Firms Must Avoid in 2026

Common Corporate Tax Mistakes UAE Businesses Must Avoid in 2026 In light of recent corporate tax regulations and the relevant amendments in the UAE, 2026 is a significant year. The new tax regime is now mature; therefore, businesses must strive to remain compliant while managing taxes efficiently. There are certain…

02 Jan 26

How Compliance Failures Turn Into Business Risks in the UAE

We often hear, “Is your business tax compliant?” The answer usually strikes the imposition of penalties in our minds. However, especially in the UAE, the regulatory strictness is quite high with hefty structured penalties; it is not simply the penalties that matter. A business might be able to pay penalties…

01 Jan 26

Ramadan Business Operations in the UAE Tax & Accounting

Ramadan is a month of reflection and peace. However, religious or cultural obligations must not hinder or compromise professional responsibilities. In the UAE, during the month of Ramadan, working hours are reduced, and hence, every business must follow the specified timings. Therefore, business functions, specifically the accounting and tax departments,…

Year: 2026