
ECL Calculation Under IFRS 9: A Practical Guide for UAE Business Owners
What UAE Businesses Need to Know: As a person in the business world, you have probably heard of ECL and IFRS 9. Let us break

What UAE Businesses Need to Know: As a person in the business world, you have probably heard of ECL and IFRS 9. Let us break

The UAE administration has an extraordinary Tax system. It supports growth without burdening its people with heavy taxes. When discussing the tax on the sale

Bookkeeping is as essential to a business as breathing is to the body. It’s the company’s lifeline, so tracking every penny that flows in and

Introducing the Commercial Companies Federal Law, No.32 of 2021, has shifted the air in the United Arab Emirates (UAE) business world. The law mandates the

The India-UAE Double Taxation Avoidance Agreement (DTAA) ensures that individuals and businesses aren’t taxed twice on the same income, fostering a more favourable environment for

Understanding the UAE’s Corporate Tax Law Corporate tax in the UAE became effective on June 1, 2023. It is governed by Federal Decree-Law No. 47

Understanding VAT in the UAE The UAE implemented VAT to diversify its economy and reduce reliance on oil revenues. Understanding VAT implications is crucial for

As of 2024, property prices in the UAE have steadily increased. Dubai, in particular, has seen a surge in villa prices due to high demand,

“The common question that gets asked in business is, ‘Why?’ That’s a good question, but an equally valid question is, ‘Why not?’ – Jeff

KYC is the basic step for regulatory compliance. Especially in AML, it helps assess and manage the risk of financial crimes on a large scale.
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