finzoryx Free Zone vs Designated Free Zone: Understanding VAT Treatment on Goods When it comes to UAE VAT, many founders and businesses assume that operating in a Free Zone automatically means “tax-free.” This is a common misconception. In fact, the VAT treatment of goods depends ... Aug 20, 2025 0 142
finzoryx Tax Invoice Requirements in the UAE: Are You Doing It Right? One of the most common mistakes we still see among businesses in the UAE is the incorrect use of tax invoices. Some companies that are not VAT registered continue to issue invoices showing “VAT” or ev... Aug 18, 2025 0 140
finzoryx Partner Withdrawals in the UAE: Salary, Drawings, or Management Fee? When you’re a partner in a UAE company and hold an investor visa , withdrawing money from the business works differently compared to employees on an employment visa. You are not required to be on the ... Aug 13, 2025 0 142
finzoryx Small Business Relief in UAE Corporate Tax: Who Gets It and How to Claim It Since the UAE introduced Corporate Tax, many small business owners and solo founders have been asking: “Do I really have to pay tax if I barely make AED 1 million a year?” The good news is: Not necess... Aug 5, 2025 0 155
finzoryx Understanding Record Keeping Requirements in the UAE: What Every Business Needs to Know In the evolving tax landscape of the UAE, maintaining proper records is not just good practice — it's a legal requirement. The Cabinet Decision No. (74) of 2023, on the Executive Regulation of Federal... Aug 2, 2025 0 433
finzoryx Understanding UAE Corporate Tax Registration Deadlines UAE businesses must register for Corporate Tax with the Federal Tax Authority (FTA) within specific deadlines outlined under law. These timelines vary depending on when your trade license was issued a... Jul 30, 2025 0 133
Ghulam Qasim Will AI Replace Tax & Accounting Consultants? With the rise of tools like ChatGPT, many business owners and startup founders are asking: “Do I really need a consultant anymore, or can I just ask AI?” It’s a fair question — and one we get often at... Jul 29, 2025 0 140
finzoryx Do You Really Need to Register for VAT in the UAE? Let’s Clear the Confusion Value Added Tax (VAT) in the UAE has been around since 2018, yet many business owners still find themselves confused — “Do I need to register?” “What if I am under the threshold?” “What if I only sell... Jul 28, 2025 0 146
finzoryx Why You Shouldn’t Delay Bookkeeping – Even With No Revenue Many new business owners assume that if they haven't started generating revenue, there's no need to worry about bookkeeping. Unfortunately, that assumption can lead to compliance issues, financial bli... Jul 24, 2025 0 139
finzoryx Are All Business Expenses Deductible for Corporate Tax in the UAE? As UAE businesses adjust to the Corporate Tax regime, one common source of confusion—especially among startups and founders—is what qualifies as a deductible business expense. While many assume all bu... Jul 20, 2025 0 222
finzoryx Avoid the Trap: How Free Offers for Corporate Tax Registration Can Cost You More With the UAE Corporate Tax regime now in effect, many business owners are rushing to comply — and unfortunately, many are falling into a trap: “Free” Corporate Tax registration offers. At first glance... Jul 15, 2025 0 188
finzoryx Understanding Taxable Income Under UAE Corporate Tax: What Counts & How to Calculate It With Corporate Tax now active in the UAE, one of the most essential areas every business must understand is taxable income — what it is, how it’s calculated, and how much tax applies. Whether you are ... Jul 8, 2025 0 180
