Check out our latest article, where businesses can maintain alternative documents for the import of services. As your trusted partner, we advise you to re-examine your records for FTA audits because precision always matters! To know more, connect with us at: 🌐 https://lnkd.in/duaPH6Xe 📞 +971 4 234 2722 📩 info@bazaaraccounting.com #BazaarAccounting #BAMAdvisors #Advisors #Dubai #UAE #AccountingFirm #CorporateTax #FinancialStrategy #VAT #BankCharges #SWIFTMessages #TaxInvoice #ImportingServices #FTA #Audits
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And there it is! The English version of the new Executive Regulations on the UAE VAT Law is out. Effective from 15 November 2024! Time to Time Management Consultancies Co.Social Fly DigitalAin ilam (GOT)ع-علم گلوبل Financial Foxes #FTA #VAT #Regulation #Update #2024 #Corporate #TAX #compliance #UAE #Dubai #Accounting #Auditing #ontime #timetotime
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An important clarification from the Federal Tax Authority (FTA). If a Company performs its activities in or from a Designated Zone, ensuring that the arrangements do not involve goods or materials entering the UAE, such transactions are recognized as performing Qualifying Activities! #BusinessUpdate #FTA #Compliance #QualifyingActivities #DesignatedZone #UAEBusiness
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Kindly be advised of ESR deadline for companies with FYE 31st December 2023 which is June 30, 2024 as per Cabinet Minister Resolution No. 57 of 2020. The ESR notification is the first step for licensees to comply with the ESR obligations and serves as a self-declaration of whether Relevant Activities are performed in the UAE. The Economic Substance Report is then applicable to licensees conducting a Relevant Activity and generating the sale from such Relevant Activity. Mentioned below are the Relevant Activities for ESR: * Banking Business * Insurance Business * Investment Management * Finance Business * Headquarters Business * Shipping Business * Holding Company Business * Intellectual Property Business * Distribution Our team Excellence can support you in assessing the impact of the new legislation on your business - providing preliminary assessments of your company's current compliance obligations, and where required, help you find the most cost and time-effective solutions to meet your administrative and statutory compliance responsibilities. For more details, call us at 052-1470815/04-5570410. Simplify your business with a touch of Excellence. #ESR #Economicsubstancereport #dafza #jafza #dmcc #difc #dubaidesigndistrict #dubaimediacity #DIC #freezone #businessadvisors #tax #audit #accounting
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Yes, Yes, Yes! This is the best question anyone could ask us. Shuraa Tax is the go-to resource for entrepreneurs in Dubai seeking expert assistance with their taxation and accounting requirements. . . . . #business #corporatetax #auditing #VAT #banking #tax #uaebankaccount #compliance #FTA #uaegovernment Saeed Khalifa Al Fuqaei SHAHID RATHER
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Know about your financial position as per CT-UAE is very important!! I wanted to let you know that the Federal Tax Authority (FTA) has recently started sending audit notifications to businesses in the UAE for the year 2019, beginning on January 31, 2024. It's essential to understand that going through an FTA audit can be risky for your business. If you've received a notice from the FTA in the UAE, it's important to take steps to minimize those risks. FTA audits are complicated and can take up a lot of time. They require a good understanding of UAE tax laws. If your business is not fully following the regulations, you could face fines and penalties, which can be costly and harm your business's reputation. I has experience dealing with FTA audits, and i can help you: Understand the audit process and what to expect. Identify potential compliance issues and areas of risk exposure. Develop a plan to address any issues identified during the audit. Ensure that your business is fully compliant with UAE tax laws and regulations. We look forward to hearing from you and helping you protect your business from the risks of an FTA audit. #corporatetaxuae #ftaaudit #ctreturns #vatreturns
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Discussing internationally the thriving international client meeting , getting them familiarize in the VAT compliance and regulation as per UAE Law. Contact us at +971 50 2126706 #uae #expansion #FTA #auditfirm #corporatetaxuae #accountingfirm #dxb #businessbaydubai #mof #newtrends #taxcompliance #uaetax #careers #innovation #businessgrowth #SwiftAuditAdvisory #business #new #accounting #management #international
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Stay ahead of regulations and safeguard your business integrity with our comprehensive internal audit services. Your business success is our priority. #kaauditing #AccurateAccounting #BusinessSetup #DubaiOpportunities #TaxStrategy #accountingandbookkeepingservices #businesssetup #dubai #uae #business #uaebusiness #businesssetupindubai #dubaibusiness #accountingservices #dubaibusinessman #dubaibusinesswomen #businessvaluation #businesssetupdubai #taxservices #taxdubai #taxadvisor #ValueAddedTax
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The UAE Government prohibits certain goods and restricts others. Banned goods cannot be imported or exported under GCC or UAE laws, including drugs, pirated content, counterfeit currency, items for black magic, publications against Islamic values, and gambling tools. Restricted goods need prior approval for import or export and include substances, cultural artifacts, and sensitive materials. Disclaimer: The Content offer general guidance and should not be considered legal, financial, or tax advice. Consult qualified professionals for personalized guidance. While efforts have been made to ensure accuracy, no guarantee is provided for completeness or applicability to individual situations. Users are responsible for their interpretation and actions based on this information, at their own risk. Instagram: https://lnkd.in/dCQGP5ES Facebook: https://lnkd.in/dT8PSeE2 Linkedin: https://lnkd.in/dybREPaA For understanding more about VAT Updates, Tax Law and Registration reach out to us on: info@acme-group.me | +971527972066. #corporatetaxuae #corporatetaxes #taxlaw #taxes #uaebusiness #uaelaw #corporatetax #business #uaebusinesses #uae #dubaibusiness #taxconsultant #taxcompliance #taxation #taxfiling #taxaudit #law #tax #uaetax #corporations #finance #compliance #vatdubai #uaebusiness #uaetax #bookkeeping #dubai #accounting #uae #taxation #accountants #accountingfirm #tax #uaevat #accountingservices #business #accountancy #professionalaccountancy #dubaicharteredaccountant #sme #vat #taxdubai #businesssupport #businessaccounting #financialservices #dubaitax #earningouae #financialfreedom #uaecharteredaccountants #charteredaccountant #taxationuae #vat #vatfiling #tax #taxes #taxseason #finance #vatregistration #accounting #auditing #vatreturn #fta #uae #audit #vatcompliance #sme #uaevat #gccvat #business #accountingservices #taxation #dubai #taxadvice #auditservices #taxcompliance #businesstaxes
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Myth No. 2: Dubai’s Laws Are Perfect for Business—No Worries at All Continuing our discussion on business myths in Dubai, we previously covered what’s required to establish a company. Today, let's discuss the laws. Myth No. 2: Dubai’s Laws Are Perfect for Business—No Worries at All Reality. This statement is undeniable. Dubai’s laws are indeed business-friendly IF: you comply with them. Failing to do so can result in fines. For example: - Penalty for not presenting the license on time. - Penalty for late registration for corporate tax. - Penalty for delayed registration as a VAT payer and failure to submit quarterly reports. - Penalty for not meeting Economic Substance Regulations (ESR). - Penalty for not adhering to anti-money laundering regulations. Fines begin at 10,000 AED and can accumulate monthly. The strength of the laws lies in their enforcement! To prevent financial setbacks, reach out to Magnifi AE's lawyers. We’ll assist with company registration and provide expert advice on all legal aspects of your business. Send us a direct message or schedule a consultation by clicking the link in our profile header.
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Ready to elevate your business to new heights of success? Partner with us for seamless Economic Substance Regulation (ESR) compliance solutions. Our tailored approach and expertise will ensure your business not only meets regulatory requirements but thrives in today's competitive landscape. Don't delay, make your business ESR compliant today! 𝗦𝗾𝘂𝗮𝗿𝗲 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗔𝘂𝗱𝗶𝘁𝗶𝗻𝗴 & 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 | 𝗪𝗲 𝗛𝗲𝗹𝗽 𝗬𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗚𝗿𝗼𝘄 🌐www.sqiaa.com 📧info@sqiaa.com 📞+971 50 708 2400 📞+971 4 351 3626 . . #accounting #corporatetax #ifrs #finance #uae #dubai #business #federaltaxauthority #internalaudit #FinancialServices #businesssupport #accountingfirmdubai #bestaccountingfirmindubai #accountingpackage #squareinternational #SIAA #auditingandadvisory #corporatetaxregistration #taxdeadline #businesssetup #businesssetupdubai #CorporateTax #TaxServices #ExpertAdvice #TaxCompliance #BusinessAccounting #UAEBusiness #EconomicSubstanceRegulation #UAECompliance #ESRcompliance #BusinessGrowth #RegulatoryExpertise
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