Praveen, Author at NUFCA

UAE Corporate Tax Filing Deadline Approaches: Are You Prepared?

Praveen

The UAE—long known for its tax-free allure—has been a hotspot for entrepreneurs and investors. For years, business owners flocked here, attracted by the promise of no corporate taxes. But things have changed. Corporate tax is now in play, and there’s no turning back. So, what does this mean for you…

Praveen

It is a thrilling prospect to set up a business in the Dubai Airport Free Zone Authority (DAFZA), but it is also somewhat complicated. One of the most important decisions you will make in the process is selecting the correct auditor. DAFZA approved auditors are not only specialists in financial…

Praveen

Starting an audit firm in Dubai can be an exciting and profitable venture. Known for its business-friendly environment, tax incentives, and strategic location, Dubai has emerged as a prime hub for international trade and business operations. If you are looking to set up an audit firm here, the potential is…

Praveen

If a company faces closure or financial trouble, knowing its liquidation value is crucial. This is the amount it can recover after selling all assets and settling debts, helping entrepreneurs, investors, and creditors understand their potential returns. In this blog post, we’ll cover how to calculate your company’s liquidation value,…

Praveen

The UAE has consistently been regarded for its friendly business environment, where businesses have access to an amiable tax policy. Yet there’s a significant shift underway that might have implications for international companies with activities in the area. Beginning from January 1, 2025, the UAE is going to have a…

Corporate Tax Optimization in the UAE: Strategies for Maximizing Profitability

Praveen

The United Arab Emirates (UAE) is renowned for its business-friendly environment, offering various incentives for companies to establish and expand their operations. One of the key advantages of setting up in the UAE is the favorable tax system, which includes low corporate taxes and exemptions that can significantly reduce the…

Benefits of Outsourcing Bookkeeping Services in 2025

Praveen

In today’s competitive business environment, staying ahead of the curve means leveraging every tool at your disposal. One of the most strategic decisions businesses can make is outsourcing bookkeeping services. The importance of maintaining accurate financial records cannot be overstated, but managing these records in-house can become a drain on…

Beyond Compliance: How Proactive Auditing Saves Millions

Praveen

Beyond Compliance: How Proactive Auditing Saves Millions In today’s rapidly evolving business landscape, companies can no longer view auditing as a routine compliance exercise. The role of auditing has transformed from merely ensuring adherence to regulations to actively safeguarding a company’s financial health. Proactive auditing not only detects fraud and…

VAT Consultancy vs. DIY Tax Management: Which is Better?

Praveen

Managing Value-Added Tax (VAT) is a critical yet complex aspect of running a business. Whether you’re a startup, SME, or a large corporation, VAT compliance involves detailed calculations, accurate record-keeping, and timely submissions. For business owners, the decision between managing VAT internally or outsourcing to professional consultants can significantly impact…

How to Stay Compliant: Understanding the Latest Accounting Regulations

Praveen

In the ever-evolving business landscape, staying compliant with accounting regulations is crucial for companies of all sizes. The dynamic nature of tax laws, financial reporting requirements, and accounting standards means business owners must stay updated to avoid potential pitfalls. Whether you’re running a small business or managing a large corporation,…

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