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HOW TO MAKE PAYMENTS TO FTA

Methods available for payments to Federal Tax Authority (FTA) in United Arab Emirates – • Payment via e-dirham card or credit card – After logging into the FTA portal, in order to make payments, youhave to go to ‘my payments’ in the navigation tab and the amount to be paid should be entered there. Thiswill […]
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Anti-money laundering

Anti-money laundering refers to the activities financial institutions perform to achieve compliance with legal requirements to actively monitor for and report suspicious activities. In simple terms, Anti-money laundering is the prevention of money laundering which is the process of acquiring money illegally and turning it into clean without having a source of origin. The Anti-Money […]
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Advantages Of Outsourcing Accounting

• Access to finance and accounting expertise – By outsourcing the accounting, it will allow you to get accessto the expert accountants and finance professionals. It allows you to get specialised finance knowledge yourcompany needs. You will get best expert advice which will help the growth of your business. • Cost-saving – One of the […]
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SMART FINANCIAL GOAL

A SMART goal is a Specific, Measurable, Attainable, Relevant, and Time-bound goal. These are designed to help you set effective goals that are more likely to be achieved. By setting SMART goals, you can increase your chances of success and stay motivated as you work towards achieving your objectives. Brief overview of each characteristic –• […]
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We help you avoid tax blunders

A tax invoice must contain the following data as per the UAE VAT Decree-Law by Federal Tax Authority – A clear display of the word tax invoice. • The name, address, and Tax Registration Number of the registrant making the supply. • The name, address, and Tax Registration Number of the recipient if he is […]
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Corporate Tax

Corporate Tax is a form of direct tax levied on the net profit of corporations and other businesses. Corporate Tax is also known as Corporate Income Tax or Business Profits Tax. Corporate Tax was issued on 9 December 2022 in the United Arab Emirates, and it will come into effect from 1 June 2023. Companies […]
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The Three Golden Rules Of Accounting

The first rule: Debit what comes in and credit what goes out The second golden rule of accounting applies to personal accounts. When a natural or legal person pays to our company, it becomes an inflow. As per the second golden rule of accounting, when the business receives something, then the account must be debited. […]
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