e-Invoicing in UAE: A Guide to the Upcoming Digital Transformation of Tax Compliance
The United Arab Emirates (UAE) is embarking on a transformative journey with the launch of its federal e-invoicing framework, officially titled the E-Billing System. Spearheaded by the Ministry of Finance (MoF) and the Federal Tax Authority (FTA), this digital transition is poised to revolutionize the way businesses issue, receive, and store tax invoices. Scheduled for […]
Accounting Standards in Dubai, UAE – Principles Guide
In every country, accounting standards serve as the foundation of transparent and organized financial management. Dubai, a growing business hub in UAE, is no exception. For businesses to operate smoothly and maintain compliance, understanding accounting standards in Dubai is crucial. These standards ensure consistency, clarity, and credibility in financial reporting — vital for investors, stakeholders, […]
Meydan Activity List Dubai – Guide for 2025
Dubai’s Meydan Free Zone continues to be a preferred destination for global entrepreneurs and investors looking to capitalize on the city’s dynamic economy. Positioned strategically near Mohammed Bin Rashid Al Maktoum City and Dubai’s logistics corridor, Meydan Free Zone offers more than just an address — it presents an unmatched ecosystem for business growth. One […]
Salary Certificate Format in UAE – Guide and Template
When you’re living and working in UAE, you may be required to provide proof of your income for different personal, financial, or legal purposes. One of the most commonly requested documents for this is a Salary Certificate. In this guide, you’ll learn everything you need to know about a salary certificate in UAE: what it […]
IFZA Activity List Dubai – Complete Guide for 2025
Dubai’s International Free Zone Authority (IFZA) is one of the UAE’s most dynamic free zones, offering a flexible and cost-effective business setup platform for global entrepreneurs and investors. Located in the heart of Dubai, IFZA provides an attractive gateway for businesses to tap into local, regional, and international markets. If you’re considering setting up a […]
What are qualifying activities for UAE corporate tax?
The Federal Tax Authority (FTA) has introduced a Corporate Tax (CT) Guide focused on Free Zone (FZ) Persons, a key component of the new UAE corporate tax framework. This guide clarifies the qualifying activities that benefit from a 0% corporate tax rate and the conditions under which businesses operating in Free Zones can retain their […]
Accepted Transfer Pricing Methods in the UAE: Guidelines from FTA
The UAE’s Corporate Tax Law, in alignment with OECD guidelines, recognizes five primary accepted Transfer Pricing methods. These methods ensure that transactions between related parties comply with the arm’s length principle. The Federal Tax Authority (FTA) has outlined these methodologies to provide clarity on how businesses should approach transfer pricing. Overview of Transfer Pricing Methods […]
Why Does Your Business Need a Financial Health Checkup?
Just like regular medical checkups help detect health issues early, a financial health checkup ensures the stability and resilience of your business. It allows businesses to stay prepared for potential financial challenges and seize new opportunities. Conducting periodic financial assessments helps companies gain deeper insights into their financial standing and make informed strategic decisions. What […]
How to Amend Taxable Person Details on the Emaratax Portal under CT
The UAE is renowned for its business-friendly environment, world-class infrastructure, and tax regulations that attract entrepreneurs globally. Businesses operating in the UAE may need to update their taxable person details on the Emaratax portal due to changes in their structure or other key aspects. The Federal Tax Authority (FTA) has outlined clear guidelines to assist […]
How to Select Appropriate Transfer Pricing Methods?
Transfer pricing plays a vital role in ensuring fair and transparent pricing of transactions between related entities. In the UAE, corporate tax laws emphasize the importance of transfer pricing compliance, especially with the rise in cross-border transactions and globalization. Selecting an appropriate transfer pricing method is essential to comply with the arm’s length principle and […]