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Tax and Financial Automation

Tax and Financial Automation

Tax and Financial Automation  Robotic Process Automation (RPA) is a technology that can automate tax and financial automation structured and repetitive processes that are based on sets of rules. RPA enables these processes to be automated in a more efficient and...

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New Tax Regulations for Businesses

New Tax Regulations for Businesses

New Tax Regulations for Businesses The Ministry of Finance has issued a new executive regulation that amends the Federal Tax Authority's (FTA) regulations on tax registration, deregistration, and amending details of registration. The regulation also expands the list...

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Reconciliation Process Of Tax Evasion Crimes

Reconciliation Process Of Tax Evasion Crimes

Tax Evasion Crimes⸺The UAE has a strict policy against tax evasion, and those who are found guilty of this crime can face significant penalties. However, the Federal Tax Authority (FTA) offers a reconciliation process for individuals who have committed tax evasion...

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Corporate Tax Treatment of Real Estate

Corporate Tax Treatment of Real Estate

Introduction Real Estate⸺On May 8, 2023, the Cabinet of Ministers issued a Decision No. (49) of 2023 that specifies the categories of businesses or business activities that are subject to corporate tax for resident and non-resident natural persons under the Corporate...

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