Why is the UAE introducing corporate taxes?

Why is the UAE introducing corporate taxes? In January of 2022, the Ministry of Finance in the UAE announced that they will introduce a corporate tax in the year of 2023. By the end of June next year, businesses in the UAE could be facing a new tax of 9% on their net income. History […]

How you can best prepare for the UAE Corporate Income Tax?

How you can best prepare for the UAE Corporate Income Tax? The recent announcement from the Ministry of Finance (MOF) in the UAE has stirred up some commotion and confusion. Are you also a bit intimidated? Don’t worry, there are quite a few things that you can do as a business owner to prepare yourself […]

Who is Exempt from the New UAE Taxes Coming in 2023?

Who is Exempt from the New UAE Taxes Coming in 2023? The new UAE tax announcement from the Ministry of Finance has made many people question how profitable businesses will still be. As you may have already read, there are some good news in store for certain groups. Let’s find out more. If you want […]

How you can best prepare for the UAE Corporate Income Tax?

How you can best prepare for the UAE Corporate Income Tax? The recent announcement from the Ministry of Finance (MOF) in the UAE has stirred up some commotion and confusion. Are you also a bit intimidated? Don’t worry, there are quite a few things that you can do as a business owner to prepare yourself […]

Why You Should Hire an Auditor?

Why You Should Hire an Auditor? In the previous blog regarding auditors “Hire an auditor. How to Prepare for the UAE Taxes”, we talked about how hiring an auditor is likely to save you time and stress during tax filing. We mentioned who is likely to hire one, and in this post we are going to tell you […]

UAE Taxes for Multinational’s Part 2

UAE Taxes For Multinational’s The corporate income taxes (CIT) which have been introduced by the United Arab Emirate’s government will exempt many companies , but multinationals will not get away with it. Our previous blog about multinationals  covered the basic information. This includes which companies are considered multinational as well as the rate of the tax which will be […]

The 2 Pillar System of the UAE Corporate Tax

The 2 Pillar System of the UAE Corporate Tax The UAE has very recently announced that it will be introducing a corporate tax system in mid 2023. The Ministry of Finance (MoF) announced that there will be a separate system of tax filing for multinational companies. This system is a combination of the two-pillar system […]

Why you should hire an accountant?

Why you should hire an accountant? The announcement of the new tax regime in the UAE coming into effect in the year 2023 has many business owners wondering what the next step is. How do you prepare for the UAE taxes? What rules must be followed? In the previous post, we talked about what an […]

Pros and Cons of Using a Third-Party Accounting Company

Pros and Cons of Using a Third-Party Accounting Company AccountingMarketplace (AM) is one of the first companies to offer business owners just like you an opportunity to hire an accountant/bookkeeper/auditor without all the added hassle. It’s as simple as ordering an item from your favourite online store and has many more benefits. Using a third-party […]

Finding Your Ideal Accounting Solution Using Accounting Marketplace

Finding Your Ideal Accounting Solution Using Accounting Marketplace Did you come to this page because you are a business owner? Do you have a company or a personal business that requires you to keep track of your balance sheets? Do you do most of this work by yourself? We have all been there. And as […]