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MoF Amendment - Unincorporated Partnerships

MoF New Decision – Unincorporated Partnerships

The UAE Ministry Of Finance (MoF) Releases New Decision For Unincorporated Partnerships, Family Foundations And Foreign Partnerships  On November 18, 2024, the UAE Ministry of Finance (MoF) released Ministerial Decision No. (261) of 2024, which superseded the Ministerial Decision No….

UAE New Free Zone - Ajman NuVentures Centre Free Zone (ANCFZ)

UAE New Free Zone – Ajman NuVentures Centre Free Zone (ANCFZ)

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…

Understanding VAT in UAE

Understanding VAT in UAE

The United Arab Emirates is known for its thriving economy, excellent infrastructure, investor-friendly environment and one of the world’s largest oil producing countries. The UAE government decided to diversify its economy and sources of income beyond oil resources and to…

UAE Announces New Tax Rules For QIF & QLP | KGRN

UAE Announces New Tax Rules For QIF & QLP

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…

Business Valuation Process going in Dubai Office

Why you need Business Valuation?

Business valuation is the process of determining a company’s economic worth by analyzing its financial performance, market position, and assets. It provides a clear, data-driven estimate of value, essential for strategic and financial decisions. For business owners, entrepreneurs, and financial…

Company Setup in UAE

A Comprehensive Guide To Setting Up Your Own Company in Dubai

The UAE continues to attract serious entrepreneurs, SMEs, and foreign investors seeking a stable, strategically located jurisdiction with world-class infrastructure and direct access to global markets. From a regulatory perspective, the country’s framework supports 100% foreign ownership in most sectors,…

FTA Decision No. 2 of 2025 | KGRN Chartered Accountants

FTA Decision No. 2 of 2025

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

FTA Decision No. 1 of 2025

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…

Understanding Corporate Tax Accounting Standards in UAE

Corporate Tax Accounting Standards in UAE: A Guide For Businesses

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…

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