Many companies believe that they do not have to register for VAT as they are in the FreeZone. While some confusing rules exist which have led to this common misunderstanding in most situations, yes, Free Zone companies should also register! Officially a...
The introduction of VAT has presented a number of new challenges for businesses in the UAE, with almost every area of an organisation being affected in some way. Arguably the most significant implication of VAT however surrounds the process of...
Which UAE business sectors will provide strong investment opportunities in 2018? Advisors M.E. speaks to one of our partners, The PRO Partner Group, and finds out their business predictions for the UAE in 2018 https://www.propartnergroup.com/2017/12/uae-business-predictions-dubai-abu-dhabi/ The PRO Partner Group has...
The penalties for NOT registering for VAT are looking surprisingly high. The guidelines are being updated regularly however this is what we can conclude from the latest announcements: In the most recent guidelines from the government the following has been...
On January 1, 2018, for the first time in the UAE, businesses across the region will come face to face with VAT. While the VAT is expected to generate more than AED 90 billion in tax proceeds annually, it does...
Construction Business News reports: "Dubai-based developer, Emaar Properties’ board, has approved the initial public offering (IPO) of its real estate development subsidiary, Emaar Development, to happen as soon as next month, the company said on the Dubai Financial Market (DFM)....
Although there are less than 4 months until VAT will be introduced on January 1 2018, many businesses have yet to implement a VAT action plan in preparation, and therefore risk exposing themselves to financial penalties. In this blog, Mohammed Siddiqui, Managing Director of...
Selling a business is a complex venture, and determining the profitably of the sale involves numerous steps and considerations. In this blog, we outline four key considerations involved in selling your business. From planning your exit strategy and acquiring potential buyers,...
With the deadline for Value Added Tax (VAT) registration just a few months away, a worrying article in the Khaleej Times suggests that 2 out of every 3 companies feel they are still unprepared for the changes ahead. VAT in...
Accurately valuing your business is vital in empowering better business decisions and ensuring transparent and streamlined negotiations. A company valuation is defined as an estimation of the worth of that business. Though the term ‘estimation’ is key to that statement,...
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