In the UAE’s dynamic free zone ecosystem, robust licensing and compliance form the foundation for sustainable business operations. The Dubai Multi Commodities Centre (DMCC), one of Dubai’s premier free zones, continues to strengthen its regulatory framework to align with international…
UAE regulators continue to raise the bar on corporate governance, financial transparency, and risk management. With increasing scrutiny from authorities like the Federal Tax Authority (FTA), Abu Dhabi Accountability Authority (ADAA), and free zone regulators, businesses face higher expectations for…
UAE’s New Free Zone Business Setup Assurances Awes Businesses – License in 2 Hours, Visa in 2 Days The Ajman city in UAE has established Ajman NuVentures Centre Free Zone (ANCFZ), a groundbreaking free zone with a unique approach to…
Overview Summary The UAE Ministry of Finance has rolled out mandatory e-invoicing using a Peppol-based Decentralized Continuous Transaction Controls and Exchange (DCTCE) 5-corner model. Businesses must use an Accredited Service Provider (ASP) to issue, validate, exchange, and report structured electronic…
UAE Announces New Tax Rules For Qualifying Investment Funds (QIFs) and Qualifying Limited Partnerships (QLPs) On April 6, 2025, the ministry of finance has issued the Cabinet Decision No.34 of 2025 on the Qualifying Investment Fund and Qualifying Limited Partnerships…
FTA Decision No. 2 of 2025: Updated Policy on Issuance of Clarifications and Directives (Effective from 1 March 2025) The Federal Tax Authority (FTA) has issued Decision No. 2 of 2025, introducing an updated and consolidated Policy on Issuance of…
FTA Decision No. 1 of 2025: Extension of Deadlines for Tax Assessment Review and Reconsideration Requests (Effective from 1 March 2025) Date of Issue: 17 February 2025 Effective Date: 1 March 2025 The Federal Tax Authority (FTA) has issued Decision…
The roll out of corporate tax regulations in the UAE represents a transformative shift in the UAE’s financial landscape. As part of the corporate tax requirement, businesses are now required to adhere to specific accounting standards, primarily the International Financial…
How To Prepare For Your Annual Audit? Best Practices For UAE Businesses As most of the businesses in UAE approach the end of the fiscal year, it is crucial to prepare for the annual/yearly audit. This is the right time…
Frequently Asked Questions (FAQs) About ICV Certification In UAE Securing an ICV certificate in UAE brings long-term growth for businesses and it’s crucial to stay competitive in the evolving business landscape. We have answered the most commonly asked questions in…
