Category: Blogs

by legoassociate / on 20 November, 2024

Frequent Tax Audit Red Flags: Avoid These to Stay Safe

Imagine this: you’re sipping your morning coffee, reviewing business emails, when suddenly, an official notice lands in your inbox—a tax audit is coming your way. Cue the panic. While tax audits are a routine check, they can send even the most seasoned business owners
by legoassociate / on 20 November, 2024

What the New UAE Corporate Tax Means for Foreign Investors

For decades, the UAE has been a beacon for foreign investors—zero corporate tax, a business-friendly environment, and the allure of shiny skyscrapers. But with the introduction of the UAE Corporate Tax (CT) in 2023, the landscape has shifted. Don’t worry, though; the UAE is
by legoassociate / on 20 November, 2024

Navigating UAE Tax Disputes: A Survival Guide for SME Owners

Running a small or medium-sized business in the UAE is no small feat between scaling operations, managing cash flow, and ensuring customer satisfaction, taxes can often feel like just another item on a never-ending to-do list. But when tax disputes rear their ugly heads,
by legoassociate / on 20 November, 2024

Top Tax Challenges UAE Businesses Face—and How to Overcome Them

Running a business in the UAE feels like you’re cruising through a dynamic and opportunity-rich environment. But even the smoothest roads have speed bumps, and for many businesses, those bumps are tax-related. With the UAE’s tax landscape evolving from a zero-tax haven to one
by legoassociate / on 1 June, 2023

Understanding Corporate Tax in the UAE: What Businesses Need to Know

As the UAE evolves as a global business hub, one of the most significant policy shifts has been the introduction of corporate tax. While historically known as a tax-free economy, the UAE implemented corporate tax to foster economic growth and align with international tax
by legoassociate / on 1 January, 2018

A Comprehensive Guide to VAT in the UAE: What Businesses Need to Know

Since the introduction of VAT in 2018, the UAE has significantly transformed its tax landscape, impacting businesses across various sectors. VAT, or Value Added Tax, is applied to the sale of goods and services, and it has become a crucial compliance component for businesses