Author
14 articles for Bestax Chartered Accountants
Sophia Müller is a corporate tax consultant with over years of experience advising businesses across Europe and the UAE. She specializes in tax strategy and compliance, helping multinational companies reduce tax risks and follow local regulations.
AI in accounting is the use of artificial intelligence to automate, check, and speed up financial work such as bookkeeping, reconciliations, reporting, tax, and auditing. In 2026, it has become a core…
A tax invoice format in the UAE is the exact set of details the Federal Tax Authority (FTA) requires on every invoice a VAT registered business issues, including the words “Tax Invoice”, your Tax…
The Domestic Minimum Top-up Tax in the UAE, known as the DMTT, is the UAE’s domestic implementation of the OECD/G20 Pillar Two global minimum tax framework. It tests whether an in-scope multinational…
A qualifying free zone person (QFZP) is a UAE free zone company that meets a specific set of legal conditions and, because it meets them, pays 0% corporate tax on its qualifying income and 9% on the…
The United Arab Emirates has overhauled its tax penalty regime. On 9 October 2025 the UAE Cabinet issued Cabinet Decision No. 129 of 2025. This decision, which takes effect on 14 April 2026, revises…
Business cycles are real. Companies close, merge, or restructure. When that happens, you already have a long to-do list. The last thing you need is a surprise penalty after you think you are “done.”…
When you want to change jobs, modify a trade licence, build on a piece of land or even buy a car in Dubai, you often need official permission from a relevant authority. In the United Arab Emirates…
Dubai’s cosmopolitan economy attracts entrepreneurs, expatriates and investors from around the world. A Tax Residency Certificate (TRC) is the document that unlocks the UAE’s network of…
When the UAE introduced corporate tax on June 1, 2023, one of the big changes for companies was a stronger requirement to maintain good accounting records. It’s no longer enough just to keep your…
The introduction of the Corporate Tax Law in the United Arab Emirates, through Federal Decree-Law No. 47 of 2022, marks a significant shift in how family foundations are treated for tax purposes. The…
In the United Arab Emirates (UAE), Cabinet Decision No. (41) of 2017 amends with Cabinet Decision No. (49) of 2021 concerning Administrative Penalties for Violations of UAE Tax Law. Amendments will…
Do you want to Register VAT for Freelancers in UAE? The UAE regulators have levied new rules and facilities for individuals and corporates for VAT compliance. A number of measures have been taken to…
UAE is a land of opportunities and you can enjoy unlimited benefits if you open your bank account in UAE. Bestax is here to provide complete bank assistance in UAE and help you open your corporate…
Did you get your FTA Audit notification and don’t know where to start? Here’s a comprehensive guide that will give you your very own FTA Audit Checklist for compliance. Lets start with answering the…
