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IFRS vs UAE Corporate Tax Adjustments: Bridging the Gap for 2025 Filings

UAE Corporate Tax returns must be based on accounting profits prepared under IFRS, adjusted according to tax law provisions. Many businesses mistakenly assume their IFRS profit equals taxable profit —

How IFRS 16 Impacts Lease Accounting for UAE Businesses in 2025

Leases are everywhere — offices, vehicles, equipment. Under IFRS 16, all these now appear on the balance sheet, transforming how businesses in the UAE present their financials. In 2025, understanding

VAT Compliance Checklist for UAE Companies in 2025

Since the introduction of Value Added Tax (VAT) in the UAE in 2018, businesses have had to adapt to a new era of tax compliance. Now, as we step into

Ultimate Guide to ESR (Economic Substance Regulations) in UAE – 2025 Update

The UAE introduced Economic Substance Regulations (ESR) in 2019 to align with global standards set by the OECD and EU. These rules ensure that companies conducting certain activities in the

UAE VAT Refunds Explained: Who Qualifies and How to Claim (2025 Update)

Since the introduction of Value Added Tax (VAT) in the UAE in 2018, many businesses and individuals have asked a key question: Can I get a VAT refund? The good

UAE Corporate Tax 2025 – Complete Guide for Businesses

The UAE has entered a new era of taxation. With the introduction of Corporate Tax (CT) in June 2023, the country moved from being a tax-free haven to a jurisdiction

Top Accounting Mistakes UAE SMEs Make (and How to Avoid Them)

Running a small or medium-sized enterprise (SME) in the UAE is exciting, but it also comes with challenges — one of the biggest being accounting and financial compliance. With the

Small Business Relief in UAE Corporate Tax: A 2025 Guide

With the implementation of UAE Corporate Tax in 2023, thousands of small businesses across Dubai, Abu Dhabi, and other Emirates became subject to new tax rules. To ease the burden

How to Choose the Right Accounting Software for UAE Businesses (2025 Guide)

Accounting in the UAE is no longer just about keeping financial records. With VAT (since 2018) and Corporate Tax (since 2023) in full effect, businesses must ensure their accounting systems

Free Zone vs Mainland: Tax Advantages Explained (2025 Update)

When setting up a business in the UAE, one of the most important decisions is whether to establish in a Free Zone or on the Mainland. This choice impacts not