The UAE is setting the stage for a transformative shift towards a digitized economy with the upcoming eInvoicing programme. Imagine a future where invoicing is seamless, transparent, and completely automated—this vision will start becoming a reality in 2026. Businesses, big and small, will benefit from simplified compliance, better cash flow, and improved efficiency. Let’s dive […]
The UAE Ministry of Finance recently issued Cabinet Decision No. (75) of 2023 outlining administrative penalties for corporations and businesses related to non-compliance with Corporate Tax Law (Federal Decree-Law No. (47) of 2022). These new regulations underscore the UAE’s ongoing efforts to establish a comprehensive tax system, ensuring transparency, fostering economic growth, and harmonizing the […]