IFRS 15 affects how UAE businesses recognize revenue, especially service providers, construction companies, software firms, and trading companies. Correct revenue recognition is essential for: The 5-Step Model Common UAE Scenarios
The UAE VAT Law distinguishes between: Understanding the VAT rules for each is essential to avoid FTA penalties. In 2025, VAT audits focus heavily on free zone transactions. What Is
Free Zone companies can benefit from 0% Corporate Tax if classified as QFZP (Qualifying Free Zone Person). However, in 2025, the rules are stricter than ever. Who Is a QFZP?
The Federal Tax Authority (FTA) has increased its VAT audit activity across the UAE. Even small mistakes — a missing TRN, incorrect invoice, or wrong input claim — can trigger
As the UAE’s Corporate Tax regime matures, the Federal Tax Authority (FTA) has begun planning targeted Corporate Tax audits. Being unprepared can result in heavy fines, reputational risk, and potential
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
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
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
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
The UAE is one of the world’s most attractive destinations for entrepreneurs, offering 100% foreign ownership, world-class free zones, and a competitive tax regime. But with opportunity comes responsibility —
