February 1, 2022 / Tax
UAE TAX Updates – UAE TO INTRODUCE CORPORATE TAX FROM JUNE 2023
On 31 January 2022, the UAE Ministry of Finance (MOF) announced the introduction of Federal Corporate Tax (UAE CT) on business profits effective for the financial years starting on or ... Read more
January 31, 2022 / Tax, Regulatory & Compliance
UAE VAT Updates – Cabinet Decision on Controls and Procedures for Instalment Payment, Waiver and Refund of penalties
The UAE Cabinet issued Cabinet Decision No. 105 of 2021 (Decision) on 28th December 2021 that stipulates controls and procedures for installment payment, waiver, and refund of administrative penalties ... Read more
January 28, 2022 / Accounting & Finance
Newsflash: Challenges with accounting for cryptocurrencies
Cryptocurrencies are considered the future of the banking and financial system as there have been a lot of technological developments around cryptocurrencies during the last decade. However, there are still ... Read more
January 27, 2022 / HR Consulting & Advisory
Newsflash: Selling your business in the UAE? How to successfully navigate the process
When the owner of a small or medium-sized enterprise (SME), whether it be an individual or a corporation, decides to sell that business it is of paramount importance that there ... Read more
January 21, 2022 / Other
Newsflash: Liquidation of RAK ICC registered companies
What is Liquidation: Liquidation is the process of bringing a business to an end. A liquidator is appointed to wind up the operations of business which leads ultimately distribution of its ... Read more
January 20, 2022 / HR Consulting & Advisory
Newsflash: Key considerations for UAE companies expanding Internationally
Whether it is to establish new customers and revenue streams or to gain a competitive advantage, for example, through economies of scale, the UAE’s small and medium-sized entities (SMEs) are ... Read more