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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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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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