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Timeframe for recovering tax

Introduction FTA recently issued a clarification to provide clarity on the time-period within which input…
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Transfer Pricing

Transfer Pricing Documentation and Country-by-Country Reporting (“CbCR”) Introduction The United Arab Emirates (“UAE”) joined the…
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Foreign Direct Investment

Introduction The government of UAE has recently been venturing into new strategies as to bring…
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Targeted Excise Goods

  Customs Notice No. (8/2019) Concerning "Excise Goods and Taxes" Pursuant to Cabinet resolution number…
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Updates – Stockpiling of Excise Goods

Introduction & Summary Federal Tax Authority (“FTA”) issued Public Clarification (EXTP003) to explain the Excise…
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Economic Substance Regulations

Introduction On 30 April 2019, the UAE Cabinet issued the Cabinet of Ministers Resolution No.31…
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Updates – Excise Tax in UAE

Introduction Federal Decree Law No. (7) of 2017 (Excise Law) has applied excise tax to…
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Similarities & Differences Between Accounting & Bookkeeping

Accounting and Bookkeeping are both very essential financial functions, and while they might be mistaken…
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How to Manage Auditors When They Come for an Audit?

More often than not, companies rely on auditors to help them with correct financial information…
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