Category: Blogs

by legoassociate / on 21 July, 2025

UAE E-Invoicing Readiness Checklist for SMEs

Mandatory Compliance Starts: July 2026(for B2B and B2G invoices) 📌 1. Understand the Basics ✔️ Learn what e-invoicing is and how it works under the UAE DCTCE system✔️ Familiarize yourself with the PINT AE standard (UAE’s e-invoice format)✔️ Know that only Accredited Service Providers
by legoassociate / on 8 April, 2025

VAT Deregistration Process in UAE

The VAT Deregistration process is a formal request submitted to the Federal Tax Authority (FTA) by a taxable person or entity to cancel their VAT registration. This step is crucial when a business is no longer eligible or required to be VAT registered under
by legoassociate / on 19 March, 2025

UAE Input Tax Apportionment: Understanding VAT Deductions for Businesses

What is Input Tax Apportionment? Input tax apportionment refers to the process of dividing input VAT (Value Added Tax) between taxable and non-taxable supplies in accordance with UAE VAT laws. Businesses in the UAE that incur VAT on expenses must determine how much of
by legoassociate / on 16 December, 2024

Unlock Financial Clarity: Preparation of Key Financial Statements

Financial statements are the cornerstone of effective business management and decision-making. They provide a comprehensive view of your business’s financial health, helping you track performance, plan for the future, and meet legal and regulatory obligations. Here’s a closer look at the key financial statements
by legoassociate / on 13 December, 2024

Plan for Success: ACCOUNTING – Budgeting and Forecasting for the New Year

The beginning of a new year offers a unique opportunity to set clear financial goals and create a roadmap to achieve them. Whether you’re running a business, managing personal finances, or planning for long-term success, effective budgeting and forecasting can make all the difference.