What Are PRO Services in Dubai? Complete Guide for Businesses & Individuals Dubai is one of the most exciting places to live and do business. But whether you’re starting a new company, expanding an existing one, or handling personal legal paperwork, you’ll quickly notice one thing – the procedures with government departments can be complex […]
PRO Services in Dubai – The Complete Guide Read More »
Customer Due Diligence (CDD) in the UAE: A Practical Guide for Businesses Customer Due Diligence (CDD) is a cornerstone of Anti-Money Laundering (AML) compliance. In the UAE, all Financial Institutions (FIs) and Designated Non-Financial Businesses and Professions (DNFBPs) must conduct CDD before onboarding a customer and throughout the business relationship. Failing to apply proper CDD
How to Conduct Customer Due Diligence (CDD) in the UAE: A Step-by-Step Guide Read More »
How DNFBPs Can Conduct Effective AML Risk Assessments in the UAE In the UAE, the government has taken a strong stance against financial crime. Under Cabinet Decision No. 10 of 2019 and Federal Decree-Law No. 20 of 2018, Designated Non-Financial Businesses and Professions (DNFBPs) are required to implement robust Anti-Money Laundering (AML) practices and at
AML Risk Assessments for DNFBPs: Annual Checklist for UAE Compliance Read More »
Bookkeeping or Accounting? When running a business in the UAE whether it’s a startup, a small trading firm, or a company in a Free Zone managing your finances effectively is critical. Yet, many business owners struggle to understand the difference between bookkeeping and accounting, and more importantly, which one they actually need. This guide will
Bookkeeping or Accounting? Here’s How to Choose the Right Service in the UAE Read More »
Understanding the De Minimis Rule: Key to 0% Corporate Tax in UAE Free Zones If you’re a business registered in a UAE Free Zone, understanding the de minimis requirements is essential to maintain your Qualifying Free Zone Person (QFZP) status and enjoy the 0% corporate tax rate on eligible income. This blog serves as your
Understanding the Taxable Person Status Under UAE Corporate Tax Law The UAE introduced Corporate Tax effective from June 1, 2023. While many believe this tax only applies to companies, it also applies to individuals (called “natural persons”) who earn income through Business or Business Activities in the UAE. This includes freelancers, consultants, influencers, small business
Are You a Taxable Person in UAE? Full Guide for Individuals & Small Businesses Read More »
