Corporate Tax Fines and Penalties in UAE

With the implementation of the UAE Corporate Tax regime, businesses across the Emirates are expected to comply with the new tax rules. Failing to meet these obligations can result in significant Corporate Tax fines in UAE, including penalties for late registration, incorrect filing, and non-compliance.
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E-invoicing In Saudi Arabia: Step-by-step Guide

Saudi Arabia is going through a major digital change as part of its Vision 2030 plan, and one important step in this journey is the move to e-invoicing in Saudi Arabia. To make business transactions more transparent and efficient, the Zakat, Tax and Customs Authority (ZATCA) has introduced new rules that require businesses to switch from paper invoices to electronic ones.
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Business Activity Description For VAT Registration

When registering for VAT in the UAE, one of the most critical elements that business owners often overlook is the business activity description for VAT registration. Whether you’re launching a startup or expanding an existing company, clearly identifying your Business Activity for VAT Registration can make the difference between smooth approval and frustrating delays.
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Differences Between Bookkeeping and Accounting

At Shuraa Tax, we offer both accounting and bookkeeping services in UAE under one roof, making it easier for businesses to stay compliant and financially healthy. Our team of experienced accountants, tax advisors, and auditors ensures that your records are accurate, up-to-date, and ready for audits or tax submissions at any time.
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Accounting Services in Sharjah - Shuraa Tax

Sharjah has emerged as a dynamic engine of economic growth in the UAE. Its strategic location, top infrastructure, and progressive government policies combine to support a thriving business ecosystem. The emirate’s commitment to innovation and sustainable development continues to attract entrepreneurs and global enterprises alike.
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VAT Registration in Abu Dhabi

With the implementation of Value Added Tax (VAT) across the UAE, businesses in Abu Dhabi are required to comply with Federal Tax Authority (FTA) regulations. VAT registration in Abu Dhabi is not just a legal requirement but a vital step toward operating transparently and building credibility. Failure to register for VAT or comply with the tax regulations can result in penalties and fines imposed by the authorities.
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Compliance Services in Dubai, UAE

At Shuraa Tax, we are a team of experienced accountants, auditors, and tax advisors in Dubai, UAE, committed to helping businesses stay compliant with local laws and regulations. Our tailored compliance services in Dubai ensure that your company not only meets legal requirements but also operates efficiently and risk-free in a dynamic regulatory environment.
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How to Apply for Tax Registration Number (TRN) in UAE

Do you know the difference between VAT and TRN? And you look further to register yourself as a taxpayer? Don’t worry; Shuraa Tax has your back. Like you, many entrepreneurs in Dubai and investors have no clue about getting a Tax Registration Number or TRN in Dubai. If you are running a foreign-owned business, you must understand the importance of value-added tax, VAT, and TRN.
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Countries With Zero Income Tax

Dreaming of keeping more of what you earn? Exploring countries with zero income tax or countries with no personal income tax might be your first step toward financial freedom. Around the globe, there are several tax free countries in the world that not only offer stunning landscapes and vibrant cultures but also attractive tax regimes.
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UAE VAT Changes: Key Amendments and Updates Explained

The UAE VAT Executive Regulations have undergone a significant overhaul, introducing a series of UAE VAT amendments that will significantly impact how businesses handle their tax compliance. These VAT changes in UAE, most of which come into effect from 15 November 2024, aim to simplify processes, provide clarity, and support evolving sectors like digital assets and financial services.
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