All Archives

UAE Acknowledges Two Sanction List

Team

The UAE Maintains two main Sanction List of sanctioned individuals and Entities: The UAE Terrorist List- Issued by the UAE Federal Cabinet. The UN Consolidated List – Issued by UN Security Council. What is a Sanction List? Sanctions List flags certain individuals, entities, and countries to fight against financial crime.…

Team

Are you planning to invest in a company? Nufca’s Due Diligence team can help you evaluate firms in Dubai and other parts of the UAE to make informed decisions about such acquisitions. The evaluation of an organization’s financial performance is known as diligence assurance. It enables entrepreneurs to thoroughly understand…

Team

FTA has issued Economic Substance Regulations Appeal user-guide in August 2021. The new guide assists t Licensees in submitting an appeal request to the Federal Tax Authority (National Assessment Authority) related to Administrative Penalties levied concerning Economic Substance Regulations. The key takeaways from the User Guide: What is the appeal?…

Team

The UAE introduced a VAT system on 1 January 2018, and the economy has streamlined a lot in the last three years. In the fourth year, we have seen UAE taking various measures in strengthening its Tax ecosystem, wherein FTA has been seen taking the prime role. Want to know…

Team

A foreign company that conducts business in the United Arab Emirates is eligible for VAT (Value Added Tax). According to the Federal Tax Authority’s regulations and norms (FTA), the rule improves business profitability with the United Arab Emirates. All registered companies must file a VAT return during the tax period detailing…

Team

Revised Tax Penalties for various defaults under UAE VAT Law and amendments in Executive Regulations 24/07/2021 10 Mins read The Federal Tax Authority (FTA) has revised penalties by issuing Decision No. 49/2021 (New Resolution), amending provisions of Cabinet Decision No. 40/2017 (Old Decision) regulating tax penalties imposed for the violation…

Team

We are writing to inform you about the RERA circular regarding Budget Review and Financial Audit of Jointly Owned Property Managed by Community Management Company. These are some highlights from the circular • For RERA approval, you must submit a proposal from a Qualified Auditor before August 15, 2021, for…

Team

The UAE introduced the Value Added Tax (VAT) regime in 2018, which applies to goods and services. VAT is fundamentally a self-assessment process where a taxable person evaluates the applicability of the tax, collects it on behalf of the UAE government, and pays it periodically to the government treasury. To…

How Can Outsourcing Auditing Help In Your Business Growth?

Team

An audit is a visual review or a detailed analysis of a company’s books of accounts. An audit is a critical feature that any company must conduct. Many people believe that conducting an audit is a legal requirement for a business, but it is far more than that. It can…

Audit & Assurance Services

Business Advisory Services

Accounting & Bookkeeping

UAE Company Setup Services

Taxation

International Taxation

Digital Transformation Solutions

Audit & Assurance Services

Business Advisory Services

Freezone Audit

Digital Transformation Solutions

Accounting & Bookkeeping

UAE Company Setup Services

Taxation

International Taxation

Audit & Assurance Services

Freezone Audit

Business Advisory Services

Digital Transformation Solutions

Accounting & Bookkeeping

UAE Company Setup Services

Taxation

International Taxation

All

Branch Office – DMCC

Branch Office – Sharjah

Branch Office – Abu Dhabi

Pre-Built Demos Collection

Finance

Fintech

Cryptocurrency

Business Construction

Business Coach

Consulting

Finance

Finance

Digital

Digital

Immigration

Agency

Finance 2

Corporate 1

Corporate 2

Corporate 3

Consulting

Business 1

Business 2

Business 3

Law

Startup

IT Solution

Tax Consulting

Human Resource

Life Coach

Marketing

Medical

Insurance

Corona

Finance RTL

Software

Business

Finance

Marketing

Consulting

Consulting