With the launch of UAE Corporate Tax, thousands of businesses are now exposed to Transfer Pricing (TP) rules for the first time. The UAE follows international standards, especially the OECD
Audit in the UAE (Free Zones + Mainland) reveal recurring issues among SMEs. Understanding these findings helps businesses prepare, avoid delays, and strengthen financial controls. Top Audit Findings 1. Incomplete
With the introduction of Corporate Tax (CT) in the UAE, business owners now face an important challenge — understanding which expenses are deductible and which are not. Getting this wrong
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 —
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
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
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
The United Arab Emirates (UAE) stands as a beacon of economic prosperity, attracting investors from around the globe with its dynamic business environment and strategic initiatives. As part of its
In the ever-evolving landscape of taxation, the United Arab Emirates (UAE) has recently introduced Corporate Tax (CT) rules, marking a significant shift in its fiscal policies. Understanding these latest regulations
In the intricate realm of corporate taxation in the United Arab Emirates (UAE), the role of financial statement audits cannot be overstated. These statements serve as the bedrock of corporate
