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UAE corporate tax calculation
How to Calculate UAE Corporate Tax?

Taxation is a very crucial part of business companies. With this blog, we shall give you valuable insights into UAE Corporate Tax Calculation. Before that, let us give you a sneak into what exactly is corporate tax.  What is UAE Corporate Tax Calculation. (CTC)? UAE Corporate Tax Calculation refers to the process of determining the…

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When And How Do Fines On Corporate Tax Apply
Fines and Penalties for Corporate Tax Non-Compliance

The FTA has announced that fines and penalties for corporate tax non-compliance will be enforced in the UAE. Starting from August 1, 2023, companies failing to comply with corporate tax regulations will face penalties. In the UAE, businesses must follow corporate tax laws to avoid fines and penalties. This requirement applies to all companies in…

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Corporate Tax Registration
When to do Corporate Tax Registration? 

The process of registering for corporate tax in the UAE includes significant steps. Initially, businesses need to collect all pertinent financial documents, ensuring their accuracy and completeness. Following this, they can commence the registration procedure through the official channels offered by the Federal Tax Authority (FTA). The FTA provides a user-friendly online portal, enabling companies…

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A Deep Dive into AML Software Selection and Sanction Screening
A Deep Dive into AML Software Selection and Sanction Screening

AML Software Selection Choosing the appropriate AML software is a critical component of your overall AML compliance strategy. The selection of suitable AML compliance software is crucial as it enhances your business’s ability to adhere to AML, CFT, and KYC requirements fully. In the UAE, organizations must adhere to AML regulations and KYC requirements to…

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Anti Money Laundering Services in UAE
UAE Removed From Money Laundering ‘Grey List’ – The Financial Action

Task Force Confirmed. After spending two years on the global financial ‘grey list,’ the UAE has officially been taken off by the Financial Action Task Force (FATF). This significant development reflects the nation’s strong commitment to combating money laundering and counter-terrorism financing, and throughout the monitoring period. This accomplishment highlights the UAE’s dedication to maintaining…

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Unveiling the Power of AML Audits and Reporting
Unveiling the Power of AML Audits and Reporting

Conducting an anti-money laundering (AML) audit is a crucial procedure for financial institutions to verify adherence to regulations and thwart money laundering and terrorist financing. When executed successfully, this audit plays a pivotal role in enabling an organization to recognize and address risks, bolster internal controls, and elevate the standards of customer due diligence practices.…

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AML Training And The Fight Against Financial Crime
AML Training And The Fight Against Financial Crime

The establishment of an Anti-Money Laundering (AML) compliance department is a crucial step in fortifying a financial institution’s defenses against illicit activities. However, having skilled employees with AML-specific expertise is equally essential. Proficiency in risk management is paramount, as these professionals play a pivotal role in identifying and mitigating potential risks associated with money laundering.…

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Essential Guide To Customer Due Diligence & Risk Assessment
The Essential Guide To Customer Due Diligence & Risk Assessment

When onboarding new clients, conducting a customer risk assessment becomes imperative. This process aids in identifying individuals with a potentially elevated risk, enabling the implementation of appropriate measures to thwart money laundering. In the dynamic landscape of contemporary business, it is essential to comprehend and navigate these risks effectively for sustained prosperity. This guide explores…

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Things to consider while setting up in Business

Business set up in the UAE holds great appeal. Undoubtedly, the UAE offers a plethora of lucrative opportunities for businesses, startups, and corporations. Emirates in UAE boasts an excellent business environment, granting access to global markets and fostering economic prosperity. As the 15th-largest global economic center, it serves as a pivotal hub for international trade.…

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Corporate Tax In UAE – How To Register?

Hey there, if you own a business in the UAE and feel a bit overwhelmed about dealing with corporate tax, don’t worry! We’ve got a simple guide to help you through the steps of registering for corporate tax in the UAE. This way, you can make sure you’re following the rules and making the most…

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