The UAE Federal Tax Authority (FTA) released Cabinet Decision No.52 of 2019 on Excise Goods, …
Cabinet Decision No.52 of 2019 on Excise Goods, Excise Tax Rates and the Calculation Methods
IASB Issues Proposal for IFRS Taxonomy Update 2019
The International Accounting Standards Board (IASB) issued the Interest Rate Benchmark Reform (IRBR) in September 2019. This incorporated revision to …
UAE Cabinet Expands List of Excise Taxable Products Starting January 1, 2020
The UAE Government introduced Excise tax in 2017 which was levied on specific goods (carbonated drinks, tobacco products and energy drinks) that are harm…
UAE INTRODUCES COUNTRY-BY-COUNTRY REPORTING
With a commitment to implement the minimum standards to prevent Base Erosion and Profit Shifting (BEPS), UAE became the 116th jurisdiction to join the OEC…
Positive List – FDI Law of 2018 – UNITED ARAB EMIRATES
In line with the new Foreign Direct Investment (“FDI”) law, Federal Decree-Law No. (19) of 2018 (“FDI Law of 2018”) enacted on September 2018 the much-awai…
Valuation: Measuring the Value of Businesses and Shares
The value of a commercial company is not static and varies over time based on its own performance as well as the prevailing business environment, both of whi…
Financial Model Validation: A Critical Component Of Large Infrastructure Projects
Financial model validation involves the review of financial models (complex spreadsheets) which forecast the financial risks and income opportunitie…
Benefits Of Outsourcing Payroll Services
Outsourcing the payroll function is finding increasing acceptance amongst the business community in the UAE, especially small and medium enterprises t…
Tax Audits In The UAE
Tax audits in the United Arab Emirates (UAE) became a reality after the Federal Tax Authority (FTA) implemented Value Added Tax (VAT) on the supply of taxab…
Monitoring And Controlling Fixed Assets In An Organisation
Fixed asset management is a process of managing and exercising control on fixed assets owned by an organisation. Fixed Assets are often ignored and taken f…
