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Leveraging Technology in Accounting: The Future of Financial Management in the UAE

Technology has revolutionized every aspect of business operations, and accounting is no exception…

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Top Accounting Challenges Faced by Small Businesses in the UAE and How to Overcome Them

Small and medium-sized enterprises (SMEs) are the backbone of the UAE economy, driving innovation, employment, and economic growth.…

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Understanding VAT in the UAE: What Every Business Needs to Know

The introduction of Value Added Tax (VAT) in the United Arab Emirates (UAE) on January 1, 2018, marked a significant shift in the country’s economic landscape..…

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The Importance of Accurate Bookkeeping for UAE Businesses

In the rapidly evolving business landscape of the United Arab Emirates (UAE), maintaining accurate financial records is crucial for success. Accurate bookkeeping is the backbone of any business.…

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Navigating UAE Corporate Tax Laws: A Comprehensive Guide for Businesses

The United Arab Emirates (UAE) has long been recognized for its business-friendly environment, attracting enterprises from around the globe.…

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The UAE's Corporate Tax: A Boon or Bane for Small Businesses?

The introduction of corporate tax in the United Arab Emirates (UAE) in June 2023 sent ripples through the business landscape. While the headline rate of 9% seems manageable, the impact on small and medium-sized enterprises (SMEs) remains a topic of debate.…

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UAE economy set to grow over 6.5% in 2022 and 2023

The International Monetary Fund also hiked the UAE’s economic…

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New UAE VAT rules: Exemptions for businesses and registration for the 5% tax explained

UAE’s VAT changes will come into effect on January 1, 2023 Value Added Tax

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United Arab Emirates VAT Law Amendments and the Impact for Businesses

Parwin Dina of Global Tax Services looks at some of the most significant changes introduced in the amended United Arab Emirates law on value-added tax, and …

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How AI Will Impact The Accounting And Finance Industry

Artificial Intelligence (AI) has become crucial to highly demanding industries globally. The impact of AI in the accounting and finance industry is phenomenal, and it is …

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UAE Corporate Tax: Startups, early-stage businesses get enough flexibility on their payouts

Corporate Tax decree also allows free zone enterprises plenty of leeway Dubai: Startups and early-stage businesses in the UAE have got themselves sufficient leeway as to …

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