Author
77 articles for Bestax Chartered Accountants
With over six years of experience in tax, accounting, bookkeeping, and business setup processes, Neha Ghauri provides expert insights through meticulously researched content.
The UAE does not issue a separate Tax Identification Number (TIN). The number that works as your tax identification number in the UAE is the tax registration number the Federal Tax Authority (FTA)…
To apply for a retirement visa in Dubai you must be at least 55 years old, have completed at least 15 years of service before retirement (inside or outside the UAE), and meet one financial…
E-Channel UAE registration is how a company signs up to the UAE federal immigration system so it can apply for and manage employee visas online. In 2026 you do this through the ICP Smart Services…
A commercial brokerage license in Dubai is the official permit that lets you legally work as a broker, meaning the person or company that connects a buyer and a seller and earns a commission when…
A freelance visa Dubai is a residence permit that lets you live in the UAE and work for yourself for many clients, without a company employing or sponsoring you. In 2026 the most affordable way to…
To get an investor visa in Dubai, you invest in the emirate, most commonly by buying a qualifying property, and then apply for a residence visa linked to that investment. For the property route, you…
As of 2026, UAE residents may be able to travel to selected destinations visa-free, with visa on arrival, or through a quick online authorisation. However, eligibility depends mainly on your passport…
A UAE labour card is the commonly used name for the electronic work-permit record issued by the Ministry of Human Resources and Emiratisation (MoHRE) that authorises an employee to work legally for a…
Checking whether you have any immigration fines in the United Arab Emirates (UAE) is an essential part of responsible travel and residency. The UAE has unified its visa‑overstay penalties at AED 50…
UAE Green Visa was introduced in 2021 and fully implemented by 2022, this self‑sponsored residency allows eligible foreigners to live and work in the UAE without needing an employer or Emirati…
Digital banking in the UAE means managing financial services 24/7 through a mobile app or web portal without visiting a branch or handling paper forms. In simple terms, it lets individuals and…
In 2026, opening a small cafeteria in Dubai usually means budgeting around AED 120,000 to AED 170,000 for the full startup, not just the licence. The trade licence is only one part of the cost. Once…
Dubai’s thriving business environment offers entrepreneurs the flexibility to start and end ventures easily. But stopping operations does not automatically cancel a trade licence, a mistake many…
Many businesses do the “nice” thing first. They issue a refund or give a discount. Then they forget the VAT paperwork step. Weeks later, the VAT return does not match the books. The customer ledger…
Stop UAE VAT surprises. Understand input vs output VAT, track with a VAT control account, and keep a proof pack that matches your return totals every month VAT mistakes rarely look dramatic on day…
The UAE has become one of the most attractive places for freelancers, remote workers, online business owners, digital creators, and entrepreneurs. With strong internet infrastructure…
Launching a forex trading company in the UAE can be rewarding. The foreign‑exchange market sees more than $5 trillion traded daily, and Dubai’s liberal regulatory environment and strong economy make…
Dubai’s healthcare sector remains one of the Gulf’s fastest‑growing industries. With a supportive regulatory environment, a tax‑friendly regime, and a diverse, high‑net‑worth population, clinic setup…
Picking the wrong legal structure can get expensive fast. It can limit visas, complicate banking, raise personal risk, and block growth plans. Many foreign founders feel stuck because the terms sound…
Obtaining a brokerage license in Dubai is the key to legally mediating deals, whether you plan to connect buyers and sellers of property, trade commodities, or provide investment advice. Dubai’s…
Dubai Media City has grown into one of the region’s best-known hubs for media, content, and creative businesses. Today, it forms part of TECOM Group’s wider Media Cluster, an ecosystem that supports…
Opening a grocery store in Dubai is not a lifestyle business. It is a volume-driven, cash-flow asset. According to Statista, the UAE grocery retail market exceeds USD 38 billion in 2025 and is…
The United Arab Emirates (UAE) has emerged as a world-class hub for entrepreneurs, freelancers, and start-ups. Its zero income tax, strategic location, and wide array of free zones make it one of the…
If your business in the UAE trades internationally, for example, you are dealing with or receiving payments in different currencies, or dealing with overseas suppliers or customers. Then opening a…
If you live, work, invest, or do business in the UAE, you will often be asked for your UID number. Many people confuse it with their visa number or Emirates ID number, but these are not the same…
Do you want to open your business in the UAE but don’t have a physical office? The UAE is one of the fastest-growing hubs for business, especially for online shopping in the Middle East. They provide…
Corporate tax is still new for many businesses. However, now it is a permanent part of the UAE business environment. Starting June 2023, companies across Dubai must calculate their taxable income and…
The UAE has recently changed its corporate tax regulations for companies in free zones. These zones were previously regarded as tax-free areas. On 28 August–3 September 2025, the Ministry of Finance…
Many foreigners want to open a bank account in Dubai for non-residents due to the country’s stable financial system, zero income tax, and modern banking features. While it is possible to open a bank…
Starting a restaurant in Dubai is a great opportunity. Dubai is home to a growing population and millions of tourists every year. With the right planning and following all legal steps, you can set up…
When you plan to start a business in the UAE, you need to pick the right business structure. This choice affects things like how much you pay in taxes, who owns what, and how much you can control. In…
Dubai has become a global hub for entrepreneurs, especially those looking for low-risk and low-cost entry into business. In 2023, Dubai issued over 45,000 new trade licenses, with many going to…
Starting an online business in the UAE is now easier than ever. With more people shopping online, the demand for digital businesses keeps rising. To legally sell products or services online, you need…
If your business in the UAE deals with other parts of the same group, whether in the UAE or abroad, you must follow transfer pricing rules. These rules make sure that prices for goods, services, or…
Did you know that the gaming market in the Middle East and North Africa is expected to reach over $6 billion by 2027? Dubai is leading the way, becoming a top place for tech, games, and new ideas…
Dubai has become a strong base for digital entrepreneurs, home-based businesses, online service providers, influencers, and small business owners. Many people now sell through Instagram, TikTok…
If you are living in the UAE, visiting the country, applying for a residence visa, or managing employee visa records, checking your UAE visa status online is important. It helps you confirm whether…
Opening a bank account in Dubai starts with knowing your needs. Are you setting up a business, managing personal finances, or handling both? Do you need a salary account, multi-currency flexibility…
If you are planning to work with a UAE company, sign a business agreement, make a payment, hire a service provider, or verify your own company record, checking the trade license online is a smart…
Managing financial records is important for any business. In the UAE, where regulations are strict and the market is competitive, keeping your books in order is necessary. Yet, many companies find…
Thinking about starting a franchise business in the UAE in 2025? You’re not alone. The UAE is one of the most popular places in the Middle East for business, and the franchise sector is booming. In…
Corporate tax is a direct tax charged on the net income or profit of businesses.In January 2022, the UAE Ministry of Finance announced that a federal Corporate Tax (CT) would be introduced.This tax…
Online accounting software, also known as cloud accounting for UAE businesses, lets you manage your finances from any device. You don’t need to install anything. Just log in through your browser…
Thinking of starting a business in Dubai but worried about the costs? No worries! You don’t need a lot of money to start your dream business. With smart planning and the right business consultants…
Did you know UAE has named 2025 the Year of Community? This means that some big projects are coming up to achieve sustainable development goals. The country is pushing hard for a greener future. UAE…
Are you visiting Dubai but worried about running out of time for a Visit Visa? Don’t worry! We are here to guide you in case you need a visit visa extension. Getting a Dubai visit visa extension is…
Thinking about bringing your loved ones to the UAE? If so, understanding how to apply for a Family Visa in UAE is your essential first step. Whether you’re relocating for work or embarking on a new…
Important Notice: We DO NOT provide these services, please contact the relevant authorities for assistance. Wondering how to remove a travel ban in UAE? Well, we have some good news for you! There’s…
The UAE’s food service market is booming! With an estimated market size of USD 19.98 billion in 2024, it’s expected to skyrocket to USD 43.98 billion by 2029. This rapid growth is your golden ticket…
Expanding a business internationally is an exciting journey, but it comes with challenges, especially when it comes to cross-border tax advice. The real question is who should you go to? For that, we…
Welcome to the sunny shores of the UAE! Whether you’re here to bask under the radiant sun of Dubai or explore the cultural landmarks of Abu Dhabi, an added bonus is waiting for you: the opportunity…
For nearly two decades, Bestax Chartered Accountants has been at the forefront of financial consultancy in Dubai.We have been helping businesses of all sizes with VAT, corporate tax, excise tax, and…
The consulting industry is booming, with a market value reaching a whopping one trillion U.S. dollars in 2023. The industry hit its first trillion-dollar milestone in 2022, and it’s only growing from…
If you’re planning to start a business abroad, Dubai stands out as the ideal destination. Known as the thriving hub of the Middle East and North Africa (MENA) region, Dubai offers unmatched…
Important Notice: Bestax does not provide travel ban checking, travel ban removal, legal case checking, or legal representation services. This guide is for general information only. If you believe…
Did you know that the Jebel Ali Free Zone Authority is ranked the #1 Free Zone in the World? Recognized for its unmatched industrial growth and sustainability, JAFZA has also been awarded the title…
Navigating the complexities of VAT on exports to Saudi Arabia from UAE can be challenging for businesses looking to expand. With intricate rules and potential penalties, understanding UAE to Saudi…
With the implementation of Federal Decree-Law No. 47 of 2022, the UAE introduced its corporate tax framework, marking a significant transition for businesses operating within the region. Effective…
Looking to open a RAK bank account? With over 45 years of experience, RAK Bank is your go-to choice for seamless and dynamic banking solutions in the UAE. Since 1976, they’ve been a trusted name…
Managing petty cash efficiently is crucial for any business. It’s often used for small, everyday expenses, but even these minor transactions need to be accounted for during an audit. This is where…
Did you know that trading gold in the UAE just got a lot more exciting? The rules around VAT on gold in UAE have changed, making it easier and more profitable to buy and sell gold. Whether you’re an…
Value Added Tax (VAT) plays a significant role in the UAE’s economy, affecting businesses across the country. It’s crucial to grasp how the VAT Late Payment Penalty UAE regulations work, as missing a…
Ajman, with its beautiful beaches, dolphin-spotting opportunities, historic architecture, and bustling markets, is a charming destination in the UAE. Although Ajman is the smallest emirate, it offers…
Why are IFZA Activities your best bet for a business setup in Dubai?. If you’re considering starting your own business in Dubai, the International Freezone Authority (IFZA) should be at the top of…
Did you know? Dubai’s real estate is growing so fast that 25% of all the cranes on Earth are located right here in Dubai! With robust demand, healthy economic growth, and strong foreign interest, the…
If you want to work in Dubai’s private security industry or start a company that provides security-related services, you may need approval from SIRA. SIRA stands for the Security Industry Regulatory…
Dubai’s hotel market is growing fast. In 2023, the UAE hotel market hit USD 7.7 billion, projected to grow to USD 9.5 billion by 2028. Starting a hotel business in Dubai is a great opportunity. It is…
Are you planning your next perfect getaway? If so, Dubai should be at the top of your list! In the first half of 2024 alone, Dubai welcomed 9.31 million overnight visitors, a 9% increase from the…
Understanding the differences between a work visa and a business visa is essential for anyone planning to travel or work abroad. Choosing the right visa can significantly impact your professional…
Are you wondering how to start a transportation business in Dubai? Your search ends here! In this article, we will guide you through setting up a transportation business in Dubai. We’ll cover how to…
Not sure how to change the mobile number linked to your Emirates ID? You are not alone. Many UAE residents face this issue when they change SIM cards, lose access to an old number, or stop receiving…
Getting an audit license in Dubai is different from starting a normal consultancy, accounting, or bookkeeping company. Auditing is a regulated profession in the UAE, so you need to meet both business…
Running a business in the buzzing hub of Dubai Airport Freezone (DAFZ) is exciting, but finding the right DAFZA Approved Auditors is key to keeping things smooth. In this blog, we’ll break it all…
Choosing the right audit firm in Dubai is no longer just about who has the biggest name. Businesses now need audit support that matches their size, reporting needs, tax exposure, and regulatory…
When the VAT registration application is submitted and approved, the authorities assign a TRN to each taxable business in the United Arab Emirates. The FTA issues this VAT number for tax group…
Choosing software for your books is no longer just about sending invoices and tracking expenses. In Dubai, businesses now need cleaner records, stronger VAT handling, better controls, and software…
Dubai is an enchanted location to launch a business and achieve your goals as an entrepreneur. Every type of business offers several expansion opportunities. In Dubai, starting an online company may…
