Professional Services

The Truth About IFRS vs ASC Valuation Perspectives
This article aims to highlight the key valuation triggers that stem from the application of various International Financial Reporting Standards (IFRS) and outline the valuation-specific…

The Truth About UAE Corporate Tax for Free Zone Entities
The UAE Corporate Tax Law (CT Law) is effective for any financial year beginning on or after 1 June 2023 (i.e., for a company following…

Important Considerations for Holding Companies Under UAE Corporate Tax
The UAE has long been known for its business-friendly environment, characterized by a lack of corporate and personal tax. However, the UAE’s Federal Tax Authority…

The Role of Technology: Changing Landscape of Risk Management
In this ever-evolving landscape of risk management, there are a lot of uncertainties and challenges. This is why technology becomes important, as it plays a…

Corporate Tax Registration of Juridical Persons
The UAE’s Federal Tax Authority (FTA) recently released a guide in August 2023 that will help navigate the Corporate Tax Registration of juridical persons. This…

UAE Corporate Tax: ‘Qualifying Income’ Clarified
The UAE Corporate Tax (CT) Law has been implemented effective 1 June 2023. The CT law that was first released in December last year has…

Important Key Considerations for Obtaining a Tax Registration Number (TRN)
The UAE Corporate Tax law would be effective from 1 June 2023. Corporate Tax shall be imposed on a taxable person at the rate of…

Expert and Practical 10-Step Checklist for UAE Corporate Tax Implementation
Review of accounting policies and financial statements to ensure they are aligned with the best practices.

Substance and Value Creation: Important pillars of the UAE CT Regime
The Organization for Economic Co-operation and Development (OECD) has played a key role over the last decade or so with the introduction of key tax…
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