Corporate tax advisory services in UAE are vital for businesses navigating the evolving landscape of tax regulations. Organizations are required to comply with tax frameworks to ensure full adherence and enhance their overall tax compliance. This article provides an overview of the UAE’s corporate tax legislation, highlights the importance of tax advisors, and explains how … Read more
In the case of closing down a business in Abu Dhabi, some proper procedures and steps need to be followed. An Abu Dhabi trade license cancellation allows for a seamless process of shutdown. Rightfully performing the cancellation of a trade license minimizes the possibility of future liabilities and helps in compliance with the law as … Read more
The Wage Protection System (WPS) is one of the most important steps adopted by the UAE Ministry of Human Resources and Emiratisation to ensure each employee working in the private sector receives full and timely remuneration. If you are an employer in Dubai, registration in WPS would be imperative to the requirements of any statute; … Read more
A tax group enables two or more entities to be constituted under one corporate framework for corporate tax purposes. This article discusses the criteria for the formation and existence of tax groups as per the UAE corporate tax. Salient Ownership Criteria (Article 2 and Article 40) Ownership Threshold For incorporation into a tax group, there … Read more
To encourage industry in the UAE, the Ministry of Industry and Advanced Technology (MoIAT) was founded in 2020. The organization of the Ministry of Industry and Advanced Technology now includes the 2001-founded Emirates Authority for Standardization and Metrology (ESMA). The Emirates Authority for Standardisation and Metrology (ESMA) must approve your items if you intend to … Read more
Global PEO services are those services that allow a business or entity to hire employees from anywhere on the globe and manage the hiring and other employment requirements for that business. The purpose of hiring these services is most commonly the need to expand a business on a global level. It is the best way … Read more