To detect errors and fraud in auditing, the first step is to check the trial balance. By cross-checking the account books, auditors can identify discrepancies and errors more effectively, ensuring a thorough examination of financial records.
On February 27, 2024, the Ministry of Finance announced an AED10,000 penalty for late registration of UAE Corporate Tax.
VAT deregistration in UAE is a simple process; businesses must complete their VAT deregistration process correctly and comply with the rules.
The UAE has given a tax residency certificate to companies. This certificate allows these companies to enjoy tax benefits under agreements that prevent double taxation with other countries.
Anti-Money Laundering and Combating the Financing of Terrorism and the Financing of Illegal Organizations provide guidelines for Financial Institutions (FIs) for their guidance and assistance.
As a business owner in the UAE, everyone is looking for ways to grow the business and increase its profit. Hiring a professional accountant is one of the most important decisions you can make to help you achieve this goal. An experienced accountant can be an invaluable asset to your business.
AML regulations apply to several businesses in the United Arab Emirates, including banks and exchange houses.
Free zones are always attractive options for setting up a company for several reasons.
The UAE has introduced a Corporate Tax Law, which applies to financial years beginning on or after 01 June 2023.
Applying for an ICV certificate in Dubai and the UAE is a straightforward process involving four simple steps.
For VAT Registration in UAE, businesses must adhere to specific requirements set by the FTA.
