The UAE Ministry of Finance has introduced a significant update in financial transactions: mandatory eInvoicing. This development aims to streamline business transactions and improve financial transparency and accuracy across all sectors. Here, we provide a comprehensive overview to help you
IssueThe Federal Tax Authority (FTA) requires all registered entities to notify it of any changes to their tax-related information within 20 business days of the change. Failure to update the FTA within this specified timeframe constitutes a tax violation, which
The jewelry sector, characterized by high-value transactions and the handling of precious metals and stones, is especially vulnerable to risks of money laundering (ML) and terrorist financing (TF). In the UAE, adherence to Anti-Money Laundering (AML) regulations is crucial for
Is your company ready for the UAE’s new Corporate Tax law? Ensure compliance with Transfer Pricing regulations! Under the new law, related parties—such as parent companies, subsidiaries, or any businesses owned by the same group or shareholders—must now carefully document
In our previous article, we provided a broad overview of the latest Corporate Tax Guide (CTGDTI1) issued by the Federal Tax Authority (FTA) concerning the determination of taxable income. In this article, we will delve into some key takeaways from
when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has surived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged when an unknown printer took