Learn about Hamriyah Free Zone Authority (HFZA), its benefits, licenses, setup process, costs, and compliance requirements for businesses in the UAE.

Audit firms in SAIF: The audit firm comes into the frame when the Saifzone license renewal becomes mandatory. The audit firms should mandatorily have qualified and professional auditors. The particular audit firm should be approved by the SAIF. After the…

Dubai, the commercial hub of the entire Middle East and the vast area surrounding it, is always buzzing with business activities, day in and day out. It has attained the pinnacle in the merchandising area, due to its strategic geographical…

Jebel Ali Free Zone (JAFZA), the world’s largest free zone, offers a compelling proposition for entrepreneurs and investors seeking to establish an offshore company in Dubai. With its streamlined process, attractive benefits, and supportive environment, JAFZA empowers businesses to navigate…

The primary purpose of VAT registration in Abu Dhabi is to serve as a model for improving the nation’s financial system, as it has in other countries. An ‘audit’ is the examination of a person’s tax records, documents, and return…

Introduction: Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai and the Prime Minister of UAE, issued Law No.4 of 2018 regarding the initiation of Financial Audit Authority (FAA). Moreover, the Financial Audit Authority in Dubai is responsible for…

Money controls the entire planet. In the meantime, the global economy is expanding quickly nowadays. In addition, corporations and individuals from all over the world began establishing businesses in Dubai, the global financial hub. Accounting is a term that frequently…

VAT- A well-known word for all businessmen and ordinaries too. Value Added Tax (indirect tax) simply knows as the VAT is a must for all the goods and services consumed except food care, health items and education. Almost more than…

Dubai, one of the seven Emirates in the UAE, is considered the heart of the business centre. According to the current legislation of the Federal Tax Association (FTA), citizens and organizations in the UAE are obliged to pay various taxes….

Value Added Tax (VAT) had been the latest addition to the taxations in UAE which was implemented on the 1st of January 2018. While various jurisdictions have different guidelines and exemptions regarding personal tax and company taxes, VAT had more…