Accounting, bookkeeping, VAT, corporate tax and audit for businesses in Dubai and the UAE.
Corporate Tax Penalties in the UAE: What Triggers Them and What They Cost
Corporate tax is now part of running a business in the UAE, and so are the penalties that come with it. Most penalties do not come from complicated tax planning. They come from ordinary failures: registering late, filing late, or keeping records that do not add up. Here is what triggers each one, what it costs, and how to stay clear of it.
What Records Should You Send Your Bookkeeper Every Month?
Your bookkeeper can only work with what you send. When the packet arrives complete and on time, the books stay clean, the VAT return goes out without a scramble, and you always know where the business stands. When pieces arrive late or not at all, the whole month slips. Here is the packet that should reach your bookkeeper every month, and what each part does.