Author
47 articles for Bestax Chartered Accountants
Khadija Raees holds a Bachelor's degree and brings over five years of experience in creating authoritative content in the areas of tax, accounting, company formation, and VAT in the UAE.
The UAE reverse charge mechanism changed six times in 2026. Self invoices were scrapped, metal scrap moved under reverse charge, late payment penalties became a flat 14% a year, and from…
UAE import tax in 2026 usually means two separate amounts: customs duty and import VAT. For most foreign goods entering the GCC Customs Union, the standard customs duty is 5 percent, and UAE VAT is…
A virtual office setup in Dubai gives your company a licensed business address and mail handling without a full physical office. In 2026 it is legal, but only through four recognised routes, and a…
VAT deregistration in the UAE is the official process of cancelling your VAT registration and switching off your Tax Registration Number (TRN) with the Federal Tax Authority (FTA). You need to do it…
The business setup cost in Sharjah in 2026 usually starts from around AED 5,500 for an entry level free zone license and can rise to AED 30,000 or more once you add visas, office space, and…
A voluntary disclosure in UAE VAT is the official way to tell the Federal Tax Authority (FTA) that a VAT return, tax assessment, or refund application you already filed contained an error, and to…
A UAE gratuity calculator is a free online tool that works out the end of service benefit you are owed when you leave a job in the UAE. In 2026, it takes your last basic salary, your joining and…
An Establishment Card is an electronic record issued by the UAE immigration authorities that contains a company’s official details, such as its trade name, licence number, partners and type of…
The reverse charge mechanism under the UAE’s Value‑Added Tax (VAT) law transfers the obligation to account for VAT from the supplier to the recipient when goods or services are imported or when…
In 2026, the UAE visa cancellation process is usually handled by the sponsor, whether that is an employer, family sponsor, or business entity, through authorised Amer centres, ICP smart channels…
Starting a business in the United Arab Emirates is exciting, but it comes with legal obligations. One of the first documents you will encounter is the memorandum of association. This guide explains…
Opening a bank account in the United Arab Emirates (UAE) used to be something that only residents could do. However, we are here to prove to you that it is just a myth. In fact, Non‑residents can…
The United Arab Emirates is firmly on the global e‑commerce map. In 2024, online retail revenues hit about USD 8.8 billion (≈ AED 32.3 billion) and forecasts show the figure climbing to around USD…
Taxes are not just “something the government takes”. They are also a design choice: who pays, when they pay, and whether the cost can be pushed to someone else. If you run a business in Dubai, Abu…
When travellers plan a dream trip to the United Arab Emirates, it’s easy to focus on iconic skyscrapers, record‑breaking malls and endless sunshine. Yet there’s one practical detail every visitor…
If you are planning a trip, a job hunt, or a full move, 2026 can feel like a moving target. One small mistake can slow or even discard your application, waste fees, or block a renewal when you need…
A lot of owners do the “obvious” thing first. They cancel the trade licence, stop operations, and move on. Then an email lands in the inbox that says the closure file is still open. Suddenly, you are…
Laundry businesses are quietly among the most resilient service sectors in Dubai, and data from global market research supports why. In 2025, the UAE home and laundry care market was expected to…
Transfer pricing is now one of the most closely monitored areas of tax compliance in the UAE. As more businesses fall under the Corporate Tax regime, one document has become essential for proving…
If you plan to do business in the United Arab Emirates (UAE), the VAT registration certificate is one of the first legal documents you will need. The UAE introduced a 5% Value Added Tax(VAT) in…
If you want to run your business in the UAE, your trade license is your legal authorization to operate a business. However, do you know that every year you must renew it? In 2026, the rules are…
The UAE has become one of the most attractive places for founders, SMEs, digital businesses, tech startups, and foreign entrepreneurs. With strong infrastructure, business-friendly regulations, free…
Are you a YouTube influencer or a Digital entrepreneur in the UAE? Struggling with Taxes, visa and banking access to online money? The UAE just launched something exciting for the creator economy…
The UAE introduced a federal corporate tax system in June 2023. If you have a business in Dubai, you need to understand how to calculate corporate tax. Whether you are running a mainland company, a…
Missing a corporate tax deadline in the UAE can feel scary. It can lead to severe penalties from federal tax authorities and increased scrutiny. The penalty can be in the form of fines for both late…
Dubai Gold and Diamond Park is located on Sheikh Zayed Road. It is one of the most dynamic highways in the UAE, which connects all the major trade hubs in the country. Whether you are a retailer or…
If you’re thinking about how to start an Airbnb business in Dubai, you’re not alone. Dubai attracted 18.72 million international visitors in 2024, up 9% from 17.15 million in 2023. This high visitor…
Dubai is one of the most attractive business hubs in the world. Thanks to its growing economy, tax-friendly policies, and investor-friendly laws, many entrepreneurs are choosing Dubai for their next…
In 2026, many individuals are seeking countries where they can live without paying personal income tax. This is especially appealing to investors, entrepreneurs, and retirees aiming to maximize their…
Starting a business in the UAE has always come with choices. One of the most common is choosing between a free zone and the mainland. Free zones are attractive. They offer fast setup, full foreign…
Since the introduction of Value Added Tax (VAT) in the UAE in January 2018, at a standard rate of 5%, the Federal Tax Authority (FTA) has implemented mechanisms to ensure that businesses, especially…
The Ministry of Finance (MoF) and the Federal Tax Authority (FTA) in the UAE have taken a major step to support businesses. They have launched a Cabinet Decision that offers a way to waive…
Dubai Silicon Oasis has become a go-to option for business setup for tech founders. Launched in 2004, this free zone was built to support industries focused on technology, electronics, and smart…
If you want to start a small business in the UAE, you’re in the right place. Dubai and other Emirates offer a great environment for entrepreneurs. With supportive government policies, low taxes, and…
The United Arab Emirates (UAE) has introduced new updates to its corporate tax framework, impacting foreign investors and non-resident entities. The introduction of Cabinet Decision No. 35 of 2025…
Looking to tap into one of the world’s fastest-growing trading hubs? The UAE, especially Dubai, has become a powerhouse for global commerce, offering businesses a strategic location, low-tax…
Understanding VAT exemptions in UAE might feel like a bit of a maze at first. But don’t worry, it’s not that difficult once you break it down. The UAE has a 5% VAT rate, but not everything is taxed…
Did you know that food trucks go way back to the 18th century? It all started with chuck wagons, thanks to Charles Goodnight in 1866. He came up with the idea to feed cowboys on long cattle drives…
Thinking about starting a car wash business in UAE? Great idea! The hot weather and the rising number of cars make it a solid business opportunity. People in Dubai love their cars and want them…
Thinking of starting a business in the UAE? Sharjah Media City Free Zone (Shams) is one of the best places to do it! Since launching in January 2017, this free zone has become home to creative and…
Did you know that in 2023, the UAE ranked 27th in the world by GDP? The UAE came in at 21st in total exports and 17th in total imports. These numbers show a strong and growing economy. Dubai is a…
Do you know the UAE construction market is projected to grow at a CAGR of 5.10% from 2025 to 2033? According to IMARC Group, the UAE construction market is projected to grow at a CAGR of 5.10% from…
Are you looking to set up your business in the UAE Freezone? Well, if you are we have a perfect opportunity for you. Dubai Airport Free Zone (DAFZ) is one of the best free zones in the UAE. There are…
The car rental business in Dubai is straight-up thriving. With a market projected to generate US$182.50m in 2025, it’s an amazing opportunity for entrepreneurs. Tourists, residents, and businesses…
Starting a business in the UAE just got easier! Imagine a single platform that takes care of all your business registration needs. That’s exactly what the Abu Dhabi Registration Authority (ADRA)…
Money laundering is an increasing problem in the world, despite the legal authorities trying their absolute best to combat against crimes of these sorts. Just like any other country, the UAE…
Have you ever found yourself immersed in spreadsheets, wrestling with VAT calculations and striving to meet compliance demands? If you’re at the helm of a UAE business venture, this scenario probably…
