Preparation and Documentation for Corporate Tax in UAE
UAE corporate tax has been implemented and most of the business are already within the tax regime. At entity level there are certain documentation requirements which would help to survive in UAE corporate tax regime. The litmus test we have considered is the assumption of how FTA will consider adequacy of an entity’s documentation in […]
Ecommerce Expansion to UAE
Ecommerce is currently an expanding sector around the world. Increases in computer literacy, high speed internet availability and mobile penetration make the UAE a lucrative ecommerce business ground. In this paper, we consider major ecommerce expansion strategies for those aspiring to expand their business to UAE and related tax and other problems that a prospective […]
Income Tax for Restaurants in UAE
Various UAE Tax Provisions for Restaurants The good news is that the UAE’s tax system offers an array of provisions designed to support businesses even though restaurants (including those in free zones) do not get any specific exemptions as all sales are to natural persons. Here are some of the key provisions compiled by the […]
Corporate Tax UAE in 2024
Unleash Opportunity, Conquer Complexity with ASK Management Consultants The glistening towers of Dubai and Abu Dhabi may paint a picture of untaxed prosperity, but the landscape has shifted. Starting from the imposition of value added tax (VAT) in 2018, the idea of branching out government’s income stream and adopting international best practices for tax has culminated […]
International Standard on Quality Management – ISQM 1
Navigating the New Audit Quality Frontier: A Guide to IAASB’s ISQM 1 The international audit landscape is evolving, and so are the standards that ensure their quality. Enter IAASB’s ISQM 1, a revolutionary new standard that marks a significant departure from the familiar territory of ISQC 1 and ushers a new era of proactive, risk-based approaches. Get ready to dive deep into the essence […]
