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Showing posts with the label Best Compliance Consultants in UAE

Major Changes to UAE VAT Executive Regulation – What You Need to Know

  Introduction The UAE has recently amended its  VAT framework  through  Cabinet Decision No. 100 of 2024 , which took effect on  15 November 2024 . This decision introduces key updates to the  Executive Regulation  of  Federal Decree-Law No. 8 of 2017 on VAT , aiming to enhance clarity, compliance, and practical application of the law. The  Federal Tax Authority (FTA)  refers to the regulation before this date as the  “Previous Executive Regulation”  and the updated version as the  “New Executive Regulation.” In this article, we highlight the  main changes , explain their  practical impact , and provide  examples  where applicable. Major Changes to UAE VAT Executive Regulation Key Articles Amended in the New Executive Regulation This  Public Clarification  issued by the Federal Tax Authority aims to  highlight the main changes  introduced to the Executive Regulation. These updates i...

What services are included in corporate Tax Planning in Dubai, and why are they important?

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  The imposition of Corporate Tax Planning in the UAE starting from June 2023 has, in a major way, changed the financial-business structure for every Emirate, including Dubai, Ras Al Khaimah, and Abu Dhabi. To succeed amidst these new regulations, one needs more than just accounting: in fact, one needs  corporate tax planning Dubai . Therefore, hiring the Best Corporate Tax Consultants in UAE has become an absolute must for ensuring compliance, tax optimization, and sustainable growth. What Services Do Corporate Tax Planning in Dubai Include? In a nutshell, comprehensive  corporate tax planning Dubai  entails a wide bucket of services that are rendered to allow businesses to assess, comply with, and strategically manage their respective tax issues. These services would normally and preferably include: Corporate Tax Impact Assessment and Advisory: Prior to effecting any change, specialist consultants carry out a comprehensive study of the business environment, financi...