Understanding Real Estate Accounting There is no doubt that Real Estate in the United Arab Emirates is one of the most booming sectors in the country. Even as inflation rises, Dubai’s real estate market continues to grow. With the UAE real estate sector booming, accounting for real estate has become […]
An FTA Tax Audit in UAE is an examination of various records kept by the taxpayers to ensure that their VAT liability is accurate, one of the compliance checks. The FTA may perform a tax audit at the taxable person’s business premises as part of a ‘field tax audit’ or at […]
Many investors and business owners choose to do business in UAE because of its tax free regime (not fully, though!). Following the release of the UAE VAT Law Framework, many businesses have been asking about VAT on free zones. This underlines the importance of the VAT framework. The UAE free zone […]