Business Setup Consultant in UAE

  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...

  As part of the UAE’s evolving tax framework, the  Federal Tax Authority (FTA)  has released detailed guidance on the  tax treatment of Family Foundations  under the  Corporate Tax Law  (Federal Decree-Law No. 47 of 2022) . This is a significant development for high-net-worth families, estate planners, and legal advisors seeking to manage wealth across generations while remaining compliant with UAE tax laws. What is a Family Foundations? A  Family Foundation , as defined in the Corporate Tax Law, refers to any  foundation, trust, or similar entity  established for the benefit of specific individuals or public benefit entities. It is primarily used for asset protection, succession planning, and charitable giving. Importantly, it can be  domestically or internationally established , as long as it meets the criteria under  Article 17(1)  of the Corporate Tax Law. These entities are often formed under free zones like  DI...

  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...

Introduction As cross-border services become increasingly common, it’s essential for  UAE-based businesses  to understand how  Value Added Tax (VAT)  applies when receiving services from suppliers located outside the UAE. The Federal Tax Authority (FTA) has issued a  Public Clarification  to shed light on how to handle  Concerned Services —that is, services received from abroad that are taxable if supplied within the UAE. In this blog, we explore the  obligations of VAT-registered persons  regarding: Accounting for Output Tax Issuing Tax Invoices Recovering Input Tax What Are “Concerned Services”? Concerned Services refer to services  imported from outside the UAE  where the  place of supply is considered to be within the UAE  under VAT law. These are typically professional, advisory, or digital services— unless they would be VAT-exempt if supplied locally . If you’re a  VAT-registered business (a Registrant)  in...

In 2025, the UAE’S business regulations represent a flexible and continuously developing legal system aimed at drawing international investors while promoting transparency and legal compliance. Companies are require to follow essential regulatory guidelines in areas such as business licensing, corporate taxation and digital regulations. The introduction of corporate tax and enhancement of VAT enforcement mark a shift toward greater fiscal accountability. Additionally, businesses are required to maintain proper records under Economic Substance Regulations and Ultimate Beneficial Ownership rules under the guidance of regulatory compliance services in UAE . With this blog we will safely navigate and follow the UAE’s business regulations and laws in 2025. Familiarizing with Licensing Regulations Navigating licensing regulations in the UAE is the crucial step for any business whose goal is to operate legally and efficiently. Entrepreneurs must choose the appropriate jurisdiction - Mainland...

  Accounting firms in UAE  plays a crucial role in helping businesses to navigate the region’s dynamic financial landscape.   Accounting and bookkeeping companies in UAE   offers a wide range of services, including bookkeeping, financial reporting, VAT compliance, auditing and strategic financial planning. Professional accounting support is essential for the businesses to maintain compliance and optimize their financial performance, with in Dubai’s stringent regulatory environment and evolving tax landscape. Reputable firms employ certified accountants and leverage advanced accounting software to provide accurate and timely insights, helping businesses to make informed decision making.  Whether catering to startups, SMEs or large corporations,  Accounting and finance experts in UAE  provides the integral support to maintain financial health and sustaining This blog will share the common mistakes which must be avoided while choosing the best accounting ...

On 28 th  April 2025, Federal Tax Authority (FTA) have issued VAT public clarification (TAXP042) on value of supply under Barter Transactions Barter Transactions:  Taxable persons receive monetary consideration for the supplies they make but consideration may also be received in the form of goods or services, i.e. non-monetary consideration. Transactions which involve the exchange of goods and/or services, are known as barter transactions. Barter transactions involve at least two supplies, i.e. each party makes a supply to the other. Such supplies are subject to the general VAT rules, nevertheless, special valuation rules apply Public clarification TAXP042 :  Underlying clarification explains the principles to determine the value of supply for the non-monetary part of the consideration. The following principles apply The market value of a supply of goods or services is the monetary consideration the supply would generally achieve if supplied in similar circumstances at th...