Introduction The UAE has long been renowned as a global business hub, offering a tax-friendly environment for entrepreneurs and multinational corporations. However, with the introduction of corporate tax, the landscape…
If you're visiting Dubai and have purchased during your stay, you may be eligible for a VAT refund. The UAE introduced a 5% Value Added Tax (VAT) on goods and…
As a business owner, your every penny matters. Reclaiming VAT: A boon for companies with international clients or cross-border transactions, reclaiming their Value Added Tax (VAT) is one of the…
Corporate tax is a tax that businesses or corporations must pay on their profits. It is typically calculated as a percentage of the company’s net income, which is the amount…
Gratuity Calculator UAE:Limited vs. Unlimited ContractsStep 1: Determine the Last Basic SalaryStep 2: Understand the Gratuity FormulaStep 3: Calculate the GratuityScenario 1: Less than 1 Year of ServiceScenario 2: 1…
There are plenty of methods businesses can use to process payments (which, let me just clarify, is a whole different discussion than 'how can businesses get more sales') but each…
What is a Tax Residence Certificate (TRC)?Who Can Apply for a TRC?Benefits of Obtaining a TRCEligibility CriteriaDocuments Required for IndividualsDocuments Required for CompaniesStep-by-Step Process to Obtain a TRCStep 1: Prepare…
Exploring the intricacies of VAT Compliance is fundamental for organizations working in the UAE. VAT, or Worth Added Expense, is a duty on the utilization of labor and products, and…
