Real Estate Accounting: The Definitive Guide for 2024
CDA Audit Blog
by
18h ago
From the towering skyscrapers to the beachfront properties, the UAE’s real estate market has experienced a surge in demand in recent years. This can be demonstrated by the total value of real estate deals in the emirate in 2023 - Dh634 Billion ($172.6 Billion). This value marked a 20% increase in the val ..read more
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UAE-FTA Outlines Taxpayers’ Key Rights and Obligations
CDA Audit Blog
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18h ago
The federal tax authority of the UAE has been making all the required efforts to ensure the transparency of the tax systems prevailing in the country. With this motive in mind, it has recently issued a Taxpayers Charter in order to guide the taxpayers and provide them with the required awareness of the t ..read more
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Introduction of Wage Protection System (WPS) in the DMCC Free Zone
CDA Audit Blog
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1w ago
The DMCC Free Zone, known as the Dubai Multi Commodities Centre Free Zone, in the United Arab Emirates, has recently introduced a Wage Protection System as part of ongoing efforts to improve fair labour practices and protect the rights of employees. The WPS developed by the Central Bank of the UAE, also ..read more
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All About The UAE Corporate Tax Registration Timeline
CDA Audit Blog
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3w ago
The UAE has been one of the best places to start a business and prosper. The authorities of the UAE are also providing all the assistance that is required for the businesses. The UAE was once known as a tax-free land, but now, after the implementation of the VAT and the CT, it has changed the whole pictu ..read more
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Important Guidelines on Company Liquidation in DMCC
CDA Audit Blog
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3w ago
This article will provide a comprehensive guide on the guidelines for company liquidation in DMCC, covering key aspects such as the required documents, timeline, and legal requirements. If you are considering liquidating your company in DMCC, be sure to read on for a detailed overview of the process ..read more
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UAE’s Implementation of New Penalty of AED 10,000 for Late Corporate Tax Registration
CDA Audit Blog
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1M ago
Renowned for its appeal to global entrepreneurs and investors with its tax-friendly environment and streamlined procedures, the UAE has undergone a significant transformation since the introduction of corporate tax in 2023. Having set a new era of tax compliance and regulations within the business landsc ..read more
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Excise Tax UAE and Its New Amendments
CDA Audit Blog
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1M ago
The United Arab Emirates (UAE) has recently introduced significant amendments to its Excise Tax Executive Regulations, reflecting the government's commitment to refining tax policies and ensuring a fair and efficient tax system.  ..read more
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Will Transfer Pricing Rules Apply to Both Domestic and Cross-border Transactions under...
CDA Audit Blog
by
2M ago
The new corporate tax regime introduced in the UAE in 2023 is a game changer for businesses operating within the country. Not only does it outline the rate of interest (9%) that companies are required to pay when their income exceeds a certain threshold (AED 375,000) but it also has introduced transfer p ..read more
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What are the differences between net income and net revenue?
CDA Audit Blog
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2M ago
Knowing the difference between these two items of the statement will give you a clear picture of the operations of the business. Not only the business entities, but related stakeholders and investors must also be aware of the differences so they can assess the performance of the business ..read more
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Why Does Your Business Need a Financial Health Checkup?
CDA Audit Blog
by
2M ago
Financial health checks can enable a business in the UAE to get proper insights into the financials of the business. In this blog, we will shed light on the specific reasons why financial health checkups are important for your business in the UAE ..read more
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