IntroductionThe real estate sector in Dubai is one of the most lucrative and rapidly expanding markets in the world. With its unique regulatory framework and significant UAE VAT implications, accounting for real estate businesses in Dubai requires specialized techniques. This article explores the key accounting methods for real estate businesses in Dubai, offering practical examples […]
Disclosures while Filing corporate tax returns in UAE
When filing *corporate tax returns in the UAE, businesses need to comply with the newly introduced **Federal Corporate Tax (CT), which will apply starting from **June 1, 2023. The UAE has traditionally been a tax-free jurisdiction for corporate income, but the new tax regime introduces a **9% corporate tax rate* on business profits exceeding *AED […]