Financial

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 Corporate Tax: What businesses can expect about 9% regime?

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

Do you know the Latest Corporate Tax Rules in the UAE?

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

UAE Corporate Tax: The Importance of Financial Statement Audits

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

Small Business Relief: What UAE Businesses Need to Know?

In the ever-evolving landscape of corporate taxation in the United Arab Emirates (UAE), small business relief stands out as a beacon of support for eligible enterprises. Designed to alleviate the

All About Corporate Tax in UAE: Exemptions and Subjects

Introduction: In recent years, the United Arab Emirates (UAE) has undergone significant changes in its tax landscape, particularly concerning corporate taxation. With the announcement of a nine per cent corporate

UAE Corporate Tax Regime, Top 10 Question/Answers

Demystifying the New UAE Corporate Tax: Your Top 10 Questions Answered The recent implementation of corporate tax in the UAE has sparked curiosity and concern among businesses and individuals alike.