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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The Ministry of Finance in the United Arab Emirates has recently issued Ministerial Decision No. 73 of 2023 on Small Business Relief. This decision comes under the Federal Decree-Law No. 47 of 2022…
What Is An Internal Audit Report? An internal audit report is a formal report that details the findings of an audit, which the internal auditor uses to demonstrate what was looked at while…
Overview of UAE Taxation While income tax is not applicable to individuals, the UAE has introduced other tax categories such as Excise Tax (imposed on goods with health or environmental risks) and…
The New Corporate Tax in the UAE In an unprecedented move, the UAE Ministry of Finance announced the implementation of a new corporate tax system on January 31, 2022. This pivotal change, slated to…
Value Added Tax (VAT) is a widespread tax imposed on the sale of goods and services. In 2018, the UAE implemented VAT, requiring businesses to comply with its regulations. Under the VAT system…
Do you have a business operating in the UAE and grappling with the complexities of corporate taxation? Look no further! The comprehensive range of corporate tax services in UAE is here to assist you…
