BLOGS Accounting & Bookkeeping

Accounting & Bookkeeping

Difference Between Zero Rated and Exempt VAT UAE
Difference Between Zero Rated and Exempt VAT UAE

Running accounts in the UAE means dealing with more than the standard 5 percent VAT rate. Some sa...

VAT Exempt Supplies in UAE
VAT Exempt Supplies in UAE

Many invoices in the UAE show “exempt” instead of 5 percent VAT. These lines sit under a special ...

Non-Recoverable Tax on Entertainment Services in U...
Non-Recoverable Tax on Entertainment Services in U...

Many UAE companies still treat staff and client events as normal business costs and try to claim ...

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...

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