by Danissa Guotana | May 19, 2023 | Accounting, Corporate Tax
The UAE has announced a new ministerial decision outlining rules on who should and should not pay Corporate Tax in the country. The new rules, announced on Wednesday, 17 May 2023 confirm that business owners in the UAE will only be liable to pay Corporate...
by Danissa Guotana | Apr 28, 2023 | Accounting, Business
The Dubai real estate sector saw real estate transactions worth AED10.9bn ($2.96bn) this week, according to figures released by the Dubai Land Department (DLD). A total of 2,049 transactions were made in the week ending Friday, April 28. The DLD report said that 172...
by Danissa Guotana | Jan 20, 2023 | Accounting, Audit, Business, CFO
Companies in UAE will soon be subject to a new compliance requirement as they would be required to attest import invoices with a value of Dh10,000 and above by the UAE Ministry of Foreign Affairs and International Cooperation (Mofaic). According to a tweet issued by...
by admin | Nov 11, 2022 | Accounting
“Accounting is the language of business,” said Warren Buffett. “You have to be as comfortable with that as you are with your own native language to really evaluate businesses.” Buffett is right. Modern accounting is so important that some consider double-entry...
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