Latest Articles
UAE VAT Updates – Timeline for Re-determination of Administrative Penalties extended until 31st December 2022
The UAE Cabinet issued Cabinet Decision No. 108 of 2021 (Decision) amending Article 3 of Cabinet Decision No. 49 of 2021 to extend the timeline for the re-determination of administrative
UAE TAX Updates – UAE TO INTRODUCE CORPORATE TAX FROM JUNE 2023
On 31 January 2022, the UAE Ministry of Finance (MOF) announced the introduction of Federal Corporate Tax (UAE CT) on business profits effective for the financial years starting on or
UAE VAT Updates – Cabinet Decision on Controls and Procedures for Instalment Payment, Waiver and Refund of penalties
The UAE Cabinet issued Cabinet Decision No. 105 of 2021 (Decision) on 28th December 2021 that stipulates controls and procedures for installment payment, waiver, and refund of administrative penalties (penalties). This
Newsflash: Challenges with accounting for cryptocurrencies
Cryptocurrencies are considered the future of the banking and financial system as there have been a lot of technological developments around cryptocurrencies during the last decade. However, there are still
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