Everything You Need to Know About VAT Registration in the UAE
Since its introduction in 2018, Value Added Tax (VAT) has become a crucial part of doing business in the UAE. Whether you’re launching a new venture or running an existing company, understanding the VAT registration process is essential to remain compliant with Federal Tax Authority (FTA) regulations. In this blog, we’ll walk you through everything […]
Top 5 Accounting Mistakes SMEs Make in Dubai – and How to Avoid Them
Dubai’s dynamic business environment offers immense opportunities for small and medium-sized enterprises (SMEs). However, navigating the financial landscape requires expertise and accuracy. At ProfiTrack Accounting & Management LLC, a trusted name in accounting services in Dubai, we’ve identified several common accounting mistakes that SMEs often make. As one of the best accounting firms in the […]
Why VAT Consultants Are Essential for Business Compliance
Value-added tax is one of the relevant taxes in the UAE tax structure that applies to businesses covering all sectors. Since it was first introduced into the UAE, strict VAT compliance has been required from companies, entailing registration, filing, and compliance with reporting standards. However, when it comes to discharging their VAT obligations, businesses must […]
