Sarah Ferguson Tax Consultancy helps you answer all your finance and accounting-related queries, including dealing with taxes and bookkeeping prospects. Solving all your tax queries, our experts with several years of experience and professional skill set in the field will help you get your accounting needs sorted hassle-free.

Blogs

blog img
Know About Corporate Tax In UAE

UAE is a no-tax commercial hub. 'UAE income tax' is not a commonly used term either. Only municipal and custom taxes are applicable. An emirate-level tax is paid by some services, like taxing large Oil and Gas Corporation and Foreign banks operating in the emirate. It also has large areas designated as free economic zones, where full foreign o...

blog img
How Accounting Services Can Help Small Business Grow In The UAE?

Accounting services are vital in the growth of a small business. They form the base on which the entire financial structure of the small business is built. From advising the company executives about the financial health and cash flow to keeping the accounts well organised, accounting services play a crucial role. A small business owner with ke...

blog img
Minimising Risks and Ensuring Compliance: Vat Audits and Assessments In Dubai

In today’s regulatory landscape, navigating compliance audits, creating risk mitigation plans, and staying updated on penalty regulations are crucial tasks for businesses in Dubai. The introduction of VAT has made compliance auditsc hallenging. However, businesses can use external experts such as a reputable VAT Consultancy Dubai, to streamline the...

blog img
Mastering VAT Compliance and Reporting in Dubai: Key Deadlines and Best Practices

The VAT introduction in UAE has necessitated business owners to understand the impact of consumption tax on goods and services sales. Not adhering to the rules and regulations regarding VAT can lead to significant monetary punishments and penalties. The compliance requirements apply to tax-registered businesses operating within the UAE mainland and...

blog img
Adapting To Your Sector Industry-Specific VAT Solutions For Dubai Businesses

Value-added tax (VAT) is an indirect tax that is levied on goods and services at each stage of production and distribution. The United Arab Emirates (UAE) introduced VAT on 1st January 2018. VAT has had a significant impact on businesses in Dubai, UAE, and many industries have had to implement sector-specific VAT strategies to ensure compliance wit...

blog img
A Comprehensive Guide To Understanding VAT In Dubai: Rates, Implementation, And Thresholds

The Value Added Tax (VAT) system was introduced in the UAE on January 1st, 2018, to diversify the government's revenue sources. Consequently, Dubai, one of the emirates in the UAE, follows the VAT system, and it is managed by the Federal Tax Authority (FTA). It is a consumption tax added to the price of goods and services at each stage of the suppl...

blog img
Navigating VAT Registration in Dubai: Processes, Documentation, and Timelines

Value Added Tax (VAT) was introduced in the UAE in 2018, making it mandatory for businesses to register and comply with the tax regulations. Businesses must navigate the VAT registration process in Dubai accurately to avoid penalties and legal issues.VAT registration can be a tedious and time-consuming process. Therefore, it is better to seek the s...

blog img
Unlock Your VAT Refund Potential: A Step-by-Step Guide to VAT Refund Services in Dubai

Value Added Tax (VAT) was introduced in Dubai, UAE on January 1, 2018. It is a type of consumption tax levied on the supply of goods and services at each stage of the supply chain. Businesses operating in Dubai must register for VAT and comply with VAT obligations, including filing regular VAT returns and refunds. With the introduction of VAT, it h...

blog img
Whether Individuals With 1 Million AED Turnover Should Pay Corporate Tax in UAE?

The United Arab Emirates (UAE) has been a beacon of economic opportunity and growth in the Middle East. With its strategic location, business-friendly environment, and tax benefits, it has attracted entrepreneurs and investors from all over the world. One of the key advantages of doing business in the UAE is its favorable tax regime. However, as th...