UAE Tourism & Travel: Forecast & Strategies for Sustainable Growth (Next-Level Accounting & Tax Solutions)
The UAE’s tourism industry is poised for a meteoric rise. 2023’s record-breaking visitor numbers and the highly anticipated launch of a Schengen-style unified GCC tourist visa by year-end paint a picture of an overflowing cornucopia of opportunity. But beneath the surface of luxury hotels and dazzling attractions lies a complex financial landscape demanding sophisticated strategies. This isn’t just about […]
FTA Corporate Tax Audit: Preparation Tips and Expert Guidance
The FTA’s approach to corporate tax auditing The FTA is taking a risk-based approach to corporate tax auditing, which means that businesses with a higher risk of non-compliance are more likely to be audited. The FTA has identified a number of factors that may increase a business’s risk of non-compliance, including: How the FTA selects […]
UAE Taxes: Prepare and Stay Compliant in 2023
Introduction to Taxes in the UAE The United Arab Emirates (UAE) has implemented various taxes in recent years, including Value Added Tax (VAT), excise tax, and corporate tax. These taxes play a crucial role in the country’s economic development and diversification. In this blog post, we will provide an overview of these taxes and give […]
Case Study: The Tax Planning Dilemma at a Technology Company
Tax Planning Dellima: A technology company, which we will call “Company C” was experiencing rapid growth. The company was expanding into new markets and launching new products and services at a rapid pace. However, the company’s management team was not keeping up with the company’s growth, and they were making a number of mistakes, including […]
