Insights
Audit intelligence for UAE businesses.
Regulatory updates, sector analysis and audit perspectives from the RAA team — keeping you informed in a fast-moving market.
Featured Article
IFRS 18: A new era for Financial Reporting: What you must know before 2027
IFRS 18 should be a wake-up call for finance teams. For many businesses, the new standard will expose reporting practices, performance measures and financial statement structures that were designed for a different reporting environment. The introduction of mandatory profit subtotals, stricter classifications and enhanced disclosure requirements means organisations must start preparing well before the 2027
Latest Articles
UAE Corporate Tax and External Audit
Over the past few years, the United Arab Emirates has emerged as a leading regional business hub, and it has attracted both local as well as global investors. There are
September 26, 2023
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Preparing UAE Businesses for Corporate Tax: Insights from Rethink’s Senior Director – Finance and Tax
Rethink’s Senior Director – Finance and Tax, Neil Guthrie, appeared on the Dubai Eye 103.8 Business Breakfast and on Dubai 1 TV on Tuesday, 30th May to talk about how prepared
RE/THINK – We Are Expanding!
Since 2014, we have supported regulated entities as well as small and medium-sized enterprises and assisting them to “Re/think the way they do business”. Entering our sixth year of operation in
March 29, 2023
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Ministry of Finance confirms the threshold of AED 375,000
Businesses are subject to UAE Corporate Tax beginning from the financial year starting on or after 01st June 2023. As per Article 3 of UAE Corporate Tax Law, the Corporate Tax
UAE’s new visa regime to encourage residents to stay for a longer period
The average duration spent in the UAE by residents is set to increase as the new visa regime will encourage expatriates to stay in the country for a longer period,
What does the new VAT update on Directors’ remuneration mean to you?
The Federal Tax Authority (FTA) recently published a Public Clarification VATP031 on the treatment of the services of a member of a Board of Directors (hereafter referred to as “Director”)
UAE Corporate Tax Update – Corporate Tax Law published by the FTA
On 31 January 2022, the UAE Ministry of Finance (MOF) announced the introduction of Federal Corporate Tax (CT) on business profits effective for financial years starting on or after 01
UAE VAT Update — Clarification on Natural person Performing the Function of Director on a Board of Directors
The Federal Tax Authority (FTA) recently published a Public Clarification VATP031 on the treatment of the services of a member of a Board of Directors (hereafter referred to as “Director”).
UAE VAT Updates – Amendments to the VAT Law effective from 1 January 2023
The UAE Cabinet (Cabinet) issued Federal Decree-Law No. 18 of 2022 on 26 September 2022, which amends some of the provisions of Federal Law No. 8 of 2017 on Value
UAE Corporate Tax – Impact on transactions with connected persons
On 31 January 2022, the UAE Ministry of Finance (MOF) announced the introduction of Federal Corporate Tax (CT) on business profits effective for financial years starting on or after 01
Variable Capital requirements introduced by DFSA
Definition When we think of money, stored value means anything that is not cash, but one can still use it to transfer value – checks, debit cards, gift cards, and
UAE Corporate Tax Update – Impact on Free Zone businesses
On 31 January 2022, the Ministry of Finance (MOF) announced that the United Arab Emirates (UAE) will introduce a Federal Corporate Tax (CT) on business profits effective for financial years
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