BLOGS Accounting & Bookkeeping

Accounting & Bookkeeping

Tax Invoice Format UAE | Official FTA VAT Invoice ...
Tax Invoice Format UAE | Official FTA VAT Invoice ...

Every VAT registered business in the UAE must issue a correct tax invoice for each taxable supply...

Audit Requirements for LLCs and Free Zone Companie...
Audit Requirements for LLCs and Free Zone Companie...

Audits in the UAE are critical for banking access, investor trust, visa renewals, and license con...

Retained Earnings in UAE Companies | When You Can ...
Retained Earnings in UAE Companies | When You Can ...

Retaining profits beats withdrawing them for retained earnings in the UAE companies. This fuels g...

FTA’s VAT Administrative Exceptions in UAE
FTA’s VAT Administrative Exceptions in UAE

Businesses in the UAE sometimes cannot follow VAT procedures exactly. Systems change, contracts m...

Tax Invoice Under VAT in UAE
Tax Invoice Under VAT in UAE

A tax invoice is the basic proof of a taxable supply in the UAE. It shows what was sold, who was ...

How Owner Drawings Work in Sole Establishments (An...
How Owner Drawings Work in Sole Establishments (An...

In the UAE, a lot of sole establishment owners mistakenly treat business funds as a personal sala...

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