Corporate Tax

Technology isn’t just changing the world; it’s turning it into a tightly-knit, fast-moving “global village.” And nowhere is this transformation more obvious than in finance, thanks to the rise of Fintech. What used to be a manual, painfully slow process has become lightning-fast, automated, and ridiculously efficient.  What is Fintech? Fintech…

We often ask, “What is the resident status of a business?” How is it related to a firm? One significant aspect of this relationship is taxation. This is because taxes are usually applicable based on the resident status of a business. For instance, UAE corporate tax law distinguishes taxable persons…

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.…

The introduction of corporate tax in the UAE marks a significant shift from a “tax-free Haven” to a taxable economy. The standard of corporate tax is 9%; however, it only applies to businesses that earn taxable income of over AED 375,000 in a tax year. You might need to submit…