Bestax Insights
Stay informed with expert insights, practical guidance, and the latest updates on accounting, tax, and business in the UAE.
Expert-written UAE-specific Free to read
Stay informed with practical insights on UAE business setup, accounting, VAT, corporate tax and compliance. Explore clear, useful guidance from the Bestax team to help you make confident business decisions.
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FTA Re-determines the Administrative Tax Penalties in UAE The Federal Tax Authority amends some Provisions of Cabinet Decision No. 40 of 2017 on the Administrative Penalties for Violation of Tax Laws…
The UAE Golden Visa is a gateway to long term residency in one of the world fastest growing economies. Launched back in 2019, the visa allows individuals to live, work, and study in UAE for 5 or 10…
MOF Levy Federal Corporate Tax in UAE from June 2023 On 31st January 2022, the Ministry of Finance announced a federal corporate tax on business net profits that will take effect in June 2023. The…
On 22nd November 2020, the Federal Tax Authority (FTA) launched a new excise tax reporting requirement for business entities in the UAE. In this announcement, authorities stated that businesses need…
The UAE government introduced a new framework for private sector employees under the Federal Decree-Law No.33 of 2021 which came into effect on 2 February 2022. New UAE labor law replaced the…
VAT return filing is not just an admin task. It is a core compliance duty for VAT-registered businesses in the UAE. Once a business is registered, the Federal Tax Authority says VAT returns and…
