In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No. (4) of 2018 ...

An audit is an independent examination of the financial report of an entity – including balance sheet, income, equity and cash flow – to form a view on whether the information presents a true and...

As part of our commitment to serving high-net-worth individuals, business owners, and international investors, we'll be available throughout the Abu Dhabi to discuss key topics including...

The UAE has introduced Federal Decree-Law No. 41/2023 to regulate the accounting and auditing profession, replacing Federal Law No. 12/2014. This new law aims to improve corporate governance standards and Anti-Money Laundering (AML) compliance.

There have been some important changes to the way in which auditors are appointed, removed and their duties in relation to UAE companies.

The article explores the recent regulatory audits in the UAE's Designated Non-Financial Businesses and Professions (DNFBP) sector, emphasizing the audits...

To date, those seeking to conduct due diligence in relation to a UAE LLC have had to rely heavily on cooperation from the target company and its management, as publicly accessible information is very restricted.

Internal audit is the process of examining and evaluating the activities, operations, and systems of an organization to provide assurance...

Though the changes may result to a lengthier audit report; these shall further enhance the quality of reporting and provide the user a detailed undestanding of the key risk areas.

Find below the list of required information that is needed for the business and for each shareholder, in order to open a bank account in Dubai:

Many Free Zone Companies incorporated in DMCC, DWC and JAFZA are leaving themselves exposed to potential fines and the non-renewal of their trading licence for failure to comply with one particular regulatory requirement.

The UAE Federal TaxAuthority (FTA) has recently issued Public Clarification CTP011¹, setting out its position on downward transfer pricing (TP) adjustments made by a Taxable Person in the Corporate Tax Return, along with the disclosure and documentation expected to support such adjustments.

TMF Group, in association with ACCA, looks at the big issues that are facing businesses planning to set up or expand in the United Arab Emirates.

In the UAE, the requirement for companies to undergo auditing is primarily influenced by their legal structure, size, and activity. While not all companies are required to be audited, there are specific regulations...

In a remarkable development aimed at stimulating auditing standards and introducing greater confidence in business practices, the UAE has introduced the New Federal Decree-Law No. 41/2023 ...

'The Federal Tax Authority has announced the time-limit for companies to register for VAT in the UAE.'

The introduction of Corporate Tax (“CT”) in the United Arab Emirates (“UAE”) has brought about a fundamental shift in the way businesses approach accounting and financial reporting.

Most businesses operating in the UAE start managing their finances with a basic setup at the outset. They hire an accountant to work on invoices, payroll, VAT, vendor payments, reconciliations, and reporting. For the initial few months, the system works fine. However, as businesses grow, the department notices a surge in transactions. There are more employees, multiple bank accounts, and tighter deadlines to manage.

Rita Abou Samra and Aishwarya More examine the latest 2025 compliance reforms introduced by DIFC and ADGM, highlighting key amendments to the DIFC Data Protection Law and ADGM's new auditor registration framework. The analysis explores expanded individual rights, broader application of data protection regulations, and the practical steps businesses must take to ensure compliance with these new governance requirements.

The Emirate of Dubai has recently passed new amendments to the existing "Dubai Law No. 4/2018 on the Establishment of the Financial Audit Authority" ("LAW").