Insights

For businesses operating in the UAE, tax identifiers are more than just numbers on registration certificates. They are used in tax filings, customer and supplier records, accounting systems and, increasingly, electronic invoicing. However, terms such as Tax Registration Number (TRN), Corporate Tax Registration Number and Tax Identification Number (TIN) can cause confusion, particularly when configuring

With 30 October 2026 approaching, businesses covered by Phase 1 of the UAE’s e-Invoicing programme have limited time left to appoint an Accredited Service Provider (ASP). The deadline applies to businesses with annual revenue of AED 50 million or more. While the Ministry of Finance extended the ASP appointment deadline from July to October, the

Good accounting records have always been important for a business. They show what the business earned, what it spent, what it owns and what it owes. They also form the basis for VAT reporting, Corporate Tax calculations and financial reporting. In 2026, the Federal Tax Authority has issued FTA Decision No. 4 of 2026 on

Corporate Tax registration is one of those requirements that can easily be overlooked when a business is focused on its day-to-day operations. A company may be trading, issuing invoices, paying suppliers and managing its accounts without giving much thought to when its Corporate Tax registration obligation arises. The Federal Tax Authority issued FTA Decision No.

When preparing for UAE Corporate Tax, one of the practical questions businesses face is how their everyday expenses will be treated for tax purposes. The general rule is that expenditure incurred wholly and exclusively for the purposes of the business can generally be deducted when calculating Taxable Income. However, the accounting treatment of an expense

Bookkeeping and accounting are often treated as the same thing. They are closely connected, but there is a difference between the two. Understanding that difference can be useful when deciding what financial support your business actually needs. What is bookkeeping? Bookkeeping is primarily about keeping the financial records of a business up to date and