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

The International Monetary Fund also hiked the UAE’s economic growth forecast to over six per cent for 2022 last month, a remarkable increase from 3.8 per …

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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 (or VAT) is an indirect tax, also referred to as a type …

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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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