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VARA License in Dubai: Your Complete Guide with The Alchamii As the UAE rapidly becomes a global hub for blockchain and Web3 innovation, Dubai’s Virtual Asset Regulatory Authority (VARA) stands at the center of its regulatory framework. For businesses in the crypto, NFT, or blockchain space, understanding and acquiring a VARA license is now essential.
VARA License in Dubai: Your Complete Guide with The Alchamii Read More »
Corporate Secretary Duties in UAE Businesses – A Comprehensive Guide by The Alchamii In the dynamic and rapidly evolving business landscape of the UAE, the role of a Corporate Secretary has become more vital than ever. Whether you’re managing a mainland company or a free zone entity, having a competent corporate secretary can make all
Corporate Secretary Duties in UAE Businesses – A Comprehensive Guide by The Alchamii Read More »
The Great Vanishing Act: When Your VAT Refund Disappears Into Thin Air (Because of One Missing Document) You’ve toiled day and night to close that big export deal. You’ve shipped the goods, sealed the container, watched the truck disappear into the horizon, and even done a little victory dance in the warehouse. You’re finally ready
Introduction:Managing a business in Dubai requires staying compliant with regulatory requirements, and one of the most crucial steps is renewing your business license annually. Whether you run a small business or a large enterprise, ensuring that your license remains valid is key to avoiding penalties and operational disruptions. As the best auditing and accounting firm
Annual Business License Renewals and Updates in Dubai – A Complete Guide Read More »
The Federal Tax Authority (FTA) of the United Arab Emirates has issued a crucial directive for all tax registrants: update your tax records before March 2025 to avoid penalties and ensure compliance with the latest regulations. At The Alchamii, we help businesses navigate UAE tax laws seamlessly. Whether you’re registered under Corporate Tax, VAT, or
Key Updates to VAT Compliance in the UAE (Effective December 1, 2024) The UAE’s Federal Tax Authority (FTA) has introduced a significant update to Value-Added Tax (VAT) regulations, simplifying export compliance for businesses. As of December 1, 2024, exporters are no longer mandated to obtain an Exit Certificate for zero-rated export transactions. Instead, they can
UAE VAT Update: Exit Certificate Rule Removed for Exporters Read More »
UAE Economic Substance Regulation (ESR) Update: What It Means for Accounting Firms and Businesses in Dubai The Ministry of Economy in the UAE has introduced a significant update to the Economic Substance Regulations (ESR) through the latest Cabinet Decision (No. 98 of 2024). These changes, which remove ESR requirements for specific financial years, bring relief
Accounting Firms in Dubai: Key Insights on the 2024 ESR Update Read More »
Corporate Tax in the UAE In January 2022, Ministry of Finance proposed the introduction of Corporate Tax (CT) on the net income of businesses. Also referred to as “Corporate Income Tax (CIT)” or “Business Profits Tax” in other jurisdictions. The tax will become applicable either on 1 June 2023 or on 1 January 2024, depending on the
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DMCC registered auditor in Dubai Dubai is a bustling metropolis and a global hub for business and finance. The city has become a hub for entrepreneurs and businesses from all over the world, thanks to its strategic location, advanced infrastructure, and investor-friendly policies. One of the most important requirements for doing business in Dubai is
DMCC registered auditor in Dubai Read More »