Excise taxes are generally imposed on cigarettes, alcoholic beverages, soda, gasoline, insurance premiums, amusement activities, & betting, & typically make up a relatively small & volatile portion of state & local federal tax collections.
All businesses in the UAE that manufacture, import or stockpile excise goods, or anticipate doing so, are mandatorily required to register for the Federal Excise Tax in the UAE.
We provide a range of outstanding services for setting up your business hassle-free in the UAE. We realize that establishing a company in a foreign country is indeed a challenging task & hence, we regard to assist our clients in taking truthful & profitable decisions.
Accounting is the backbone of any business. This is to ensure financial management of the company by tracking the income & expense.
UAE increases fuel prices; a litre now costs over Dhs4. The UAE energy ministry substantially elevated the prices of petrol & diesel for the month of June, taking effect in June.
In the unprecedented times of the pandemic, a series of unexpected situations were encountered globally by all. The business & overall life changes were inflicted by the coronavirus, & this has been challenging to survive.
Handling an e-commerce business can be tricky, especially the books of accounts. Unfortunately, most e-commerce business owners are unaware of these discrepancies, ensuing in inevitable accounting errors.
It was officially announced by the UAE’s Ministry of Finance, on the 31st of January 2022, that UAE will be introducing a corporate tax (CT) regime, which will be effective from 1st June, 2023.
For the UAE VAT Registration, two or more persons performing businesses may apply for Tax Registration as a ‘Tax Group’.
UAE is evolving as the desired center for investments & startups in the global commercial environment.
UAE has known to be one of the major exporting States amongst all countries in the GCC.
A scalable start-up involves a pioneering idea & pursuits for a scalable & repeatable business model that will result in a high-growth, profitable company.
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