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Federal Corporate Tax UAE: Introduction | Accountantant's Box

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Federal Corporate Tax UAE – Basic Introduction? | Accountantant's Box Federal Corporate Tax UAE Federal Corporate Tax UAE : On 31 January 2022, the UAE Ministry of Finance (MoF) has announced a new tax i.e the Federal Corporate Tax UAE which will be applicable in the UAE and it will be effective and starting on or after 1 June 2023. It will be a turning point in UAE’s history for having a successful track record, and UAE has always been integrated with global trade and practices, while lowering compliance burden on organisations and making them much more transparent. UAE: Introduction of Federal Corporate Tax UAE? Federal Corporate Tax UAE rate as per Corporate Income TAX: There will be a progressive rate which is described as follows: 0% for taxable income up to AED 375,000; 9% for taxable income above AED 375,000;  There will be a different tax rate for Federal Corporate Tax UAE that would also apply for big multinationals which meet specific criteria with reference to 'Pill

Outsource Accounting Services In Dubai | Accountant's Box

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Outsource Accounting Services In Dubai | Accountant's Box Being a small business owner of a firm, you have to make right decisions in every aspect of your business operations, and you are likely to oversee your finances as well. Nevertheless, unless and until you’re a financial expert, it is advisable to hire an experienced outsourced accounting firm to manage all your books and taxes. A Guide to Outsource Accounting Services In Dubai While you start searching for an accounting firm, the first and foremost important thing is to understand what exactly you expect from them. It has been stated that you always should look for the below qualities in an Outsourcing Accounting Services for Small Business in Dubai: Convenient location/Area- There are many companies who prefer to opt for a firm in their locality, but it is not as necessary nowadays. With the help of cloud accounting,  You can work on your real-time data too directly from any part of the location. Professional Certification

TRN Verification UAE - How can I verify a TRN number in the UAE?

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TRN Verification - How can I verify a TRN number in the UAE? The  TRN verification Dubai is a 15-digit code given by the Federal Tax Authority UAE. This is a unique code that is being used as an identification for businesses and also individuals in order to track taxes. TRN verification Dubai number is also considered as a VAT ID number in most areas of the world. In UAE, any business or individual which is registered under VAT then has to be issued a unique TRN number.  How to Check TRN Validity in UAE - UAE VAT This is referred to be as TRN verification Dubai and only those entities that have been registered under UAE VAT are liable to charge VAT to its customers. You can face legal issues if you are not a “registrant” in VAT. The concept of UAE VAT is somehow new to many businesses in the UAE. The Federal Tax Authority UAE uses a TRN to identify registrants and keep track of their transactions. VAT Registrants would have to adjust the 5% tax rate into their pricing and off-load t

Accounting for ‘Roller Software’ customers using ‘Xero’

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  Connecting the dots:  Accounting for ‘Roller Software’  customers using ‘Xero’ makes complete sense! Roller software  is one of the best innovative market-leading platforms, which is designed for Entertainment, Attractions, and Leisure activities fields. Roller Software is simple to implement and a modern cloud-based software for most users at once in almost 20 countries altogether.   Roller offers wholesome business solutions during Ticketing, Point of sale, Waiver system, Entering gift cards, Transactions wise records, Checkout options, Entry management, CRM, and many more under one roof.  Most of the satisfied clients have said that Roller software is very user-friendly when it comes to training the staff. Also, the support response time is a key highlighting feature where the majority of problems are being resolved immediately.  Roller Software Accounting for ‘Roller Software’ customers using ‘Xero’ Roller software is an all-in-one cloud-based software that is primary used for bo

VAT Consultancy Services in UAE | Accountant’s Box

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VAT consultancy services in UAE as per needs of your business We are an approved and registered VAT consultants in UAE with Certified VAT experts by the Federal Tax Authority (FTA). We offers VAT consultancy services in Dubai, Abu Dhabi UAE. One of the best VAT firms in Dubai provides tax services, VAT registration & VAT return. Accountant's Box has an experienced taxation team that can assist you in all the aspects of VAT in Dubai and in other emirates of UAE.  VAT Consultants in Dubai | VAT Advisory Services | VAT Experts As one of the VAT consultancy firms in Dubai, Level brings you a team of highly motivated advisors who mix passion with skill. We provide your business with VAT registration and direct you through the voluntary or compulsory VAT registration process. VAT consultancy firms in Dubai Best VAT Consultantation in UAE | Accounting services, Dubai To initiate and access the VAT Return, you must login to the FTA e-Services portal using your registered username and

Accounting Packages for Small business and Medium size business

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Accounting Packages Option for Small and Medium Size Business We provide different range of standardized Accounting Packages for Small Business . Based on requirements find a package which suit needs! We provide Accounting Packages for Small business and and Medium size business with cloud-based accounting services which can cater to various nature of businesses.  Key features of Accounting Packages We help our clients with accounting, VAT return consultation, VAT Health Check and economic substance regulation consultation. We do Outsource Accounting which will give an overview of the financial position of your business on a regular basis which makes best accounting. We work in top industry softwares like Zoho books, Xero, Quickbooks which are all cloud based.   Accounting packages for small business We offer simple cloud-based accounting software for small businesses can build their businesses smarter and faster.  The Best Small Business Accounting Packages Accounting Packages for Sma

What are the Best Practices of Client Money Handling? | Accountant’s Box

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Client Money Handling Many Service companies like Legal Firms, Investment Firms, Media Agencies (mainly Digital Media) receives money from their respective Clients in order to make a payment to various vendors. This is to fulfil agreed service contracts. These vendors for Legal Firms could also consist of regulatory authorities such as Court of Law, Tax Department, etc., for Investment Firms this could be for buying securities on behalf of the Clients, paying transaction related charges, etc. and for Media Companies it could related to Sourcing media presence. Client Money Handling What is Client Money ? Service Providers like Legal, Digital Media, and Investment Firms receive money from Clients for payment to vendors against service contracts. Vendors for Legal Firms could include regulatory authorities such as the Court of Law, Tax Department. In Investment Firms Client Money is mainly for buying securities for the Clients, paying transaction charges. And for Media Companies, Vendors