As per ESR regulations, the notification should be filed within 6 months after the financial year-end, and report (including demonstration of substance) should be filed within..
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ESR Report for FYE 31st Dec 2020: In accordance with the Cabinet of Ministers Resolution No.31 of 2019, All companies whose: Financial year ended on 31st..
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Federal Tax Authority (FTA) has issued a long – awaited public clarification to provide guidance on the application of the VAT legislation in respect of the..
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Accounting is quite a complex task for a business to undergo. We would all rather spend our time thinking about things that are more intriguing to..
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Attempting to retain a struggling company viable could result in a negative impact on you and your family’s physical and emotional well-being. However, Company Liquidation is..
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A Tax Residency Certificate was issued for eligible natural and legal persons to take advantage of double taxation avoidance agreements on income signed by the UAE...
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The UAE Maintains two main Sanction List of sanctioned individuals and Entities: The UAE Terrorist List- Issued by the UAE Federal Cabinet. The UN Consolidated List..
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FTA has issued Economic Substance Regulations Appeal user-guide in August 2021. The new guide assists t Licensees in submitting an appeal request to the Federal Tax..
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The UAE introduced a VAT system on 1 January 2018, and the economy has streamlined a lot in the last three years. In the fourth year,..
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Outsourcing means supplying your services to the firm/companies outside your region, and there are many benefits of outsourcing your business functions like accounting, auditing, taxation, etc...
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