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What’s a Designated Zone & How Does It Affect VAT? Companies in the UAE often set up legal business entities...

Understanding VAT on Marine Industry Transactions in UAE The UAE’s coastal position has made the marine industry a major part...

Why Is Transfer Pricing Important for Multinational Companies? Every multinational company must use transfer pricing when it deals with its...

What Does Input Tax Recovery Mean Under UAE VAT? Every business in the UAE must understand input tax recovery to...

What Causes an FTA Tax Audit in the UAE? Every business in the UAE must meet tax requirements. If a...

Why Corporate Governance Matters for Every Business Companies must set up strong corporate governance to protect their business. The board...

What Is ECL Calculation and Why Does It Matter? Companies use ECL, which means Expected Credit Loss, to estimate possible...

Introduction to IFRS 15 and Revenue Reporting Companies in Dubai follow International Financial Reporting Standards (IFRS) to stay compliant. IFRS...

Understanding VAT Refund for Expo 2020 Participation When a company joins Expo 2020 Dubai, it spends money on many goods...