By Mukom
Launching or expanding a business in Dubai is an exciting opportunity, thanks to its booming economy, strategic location, and business-friendly policies. However, even in this low-tax environment, working with the right tax consultant in Dubai is essential to navigate regulatory frameworks, ensure compliance, and support long-term growth. Taxation in the UAE might seem straightforward to
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By Mukom
High taxes can, unfortunately, be a real killer for entrepreneurs, as they reduce profitability and limit growth. Understanding and managing business taxes is crucial for entrepreneurs because every dollar you pay in taxes is money that could have been reinvested into your business, used to expand your operations, or even saved for personal financial security.
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By Mukom
In UAE ‘dynamic’ business environment, there are circumstances where some of the companieswill be required to cancel their VAT registration. This key step helps avoid fines and keepsoperations smooth. VAT deregistration lets a business or person end their VAT registration whenthey stop VAT-related work. But how can you accomplish this correctly? Let’s see what youneed
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By Mukom
The UAE rolled out Value Added Tax (VAT) back in 2018. This move shook up the nation’seconomy quite a bit. With VAT in play, there’s a whole lot businesses and peoples spendingmoney gotta grasp. It slaps a 5% charge on everything you buy or sell. So, whether you’rerunning a company or buying stuff getting the
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By Mukom
Since kicking off, VAT has become a major revenue generator in the UAE. Companies mustregister for VAT and submit their filings on time – it’s a matter of legality, not just smart.Overlooking the regulations can lead to hefty penalties making it essential to have seasoned VATspecialists to navigate the complex guidelines and ensure legal compliance.
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