Finance

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