<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:blogger='http://schemas.google.com/blogger/2008' xmlns:georss='http://www.georss.org/georss' xmlns:gd="http://schemas.google.com/g/2005" xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-3127842758456686966</id><updated>2026-11-01T06:48:02.520-08:00</updated><category term="Dubai"/><category term="saif chartered accountants"/><category term="DMCC Approved Auditors"/><category term="DAFZA"/><category term="DMCC"/><category term="DMCC Approved auditors 2021"/><category term="Dubai Shopping Festival"/><category term="Economic Substance requirement dubai"/><category term="JLT"/><category term="Offshore Company Formation Dubai"/><category term="UAE VAT"/><category term="VAT Return in UAE"/><category term="VAT registration mandatory for Free Zone"/><title type='text'>Saif Chartered Accountants</title><subtitle type='html'></subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default?redirect=false'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><link rel='next' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default?start-index=26&amp;max-results=25&amp;redirect=false'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>84</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-4619654944736159667</id><published>2022-12-20T00:57:00.001-08:00</published><updated>2022-12-20T00:57:37.363-08:00</updated><title type='text'> UAE Corporate Tax Rate</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;According to the UAE Ministry of Finance release in January2022, 
Corporate Tax in UAE would apply at a standard rate of 9% with the 
following tax segmentation and rates:&lt;/p&gt;
&lt;p&gt;0% for taxable income up to AED 375,000&lt;br /&gt;9% for taxable income exceeding AED 375,000&lt;br /&gt;A separate tax rate (not yet set) for major multinationals that fulfill particular conditions&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;h3 style=&quot;text-align: left;&quot;&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIw-WGA2w4DdRJu0YGazcBTGdQvwnpS3TNr3d140oDcrKe5Nkztgk0qgM1zVZdv2WF24z_oi7bWpbIQKFVfiskY05OSocZXJuGms10AZP1_FpzAg3YekycBiV4AZ43SoMprCvOvvvzx-cuCQk_KhF3dlzjJxUJcyMCZ0J1eZGm39lS2h5pT0oNqlmF/s1024/dubaiauditorsuae-1024x576%20copy.jpg&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img alt=&quot;UAE Corporate Tax Rate&quot; border=&quot;0&quot; data-original-height=&quot;576&quot; data-original-width=&quot;1024&quot; height=&quot;360&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIw-WGA2w4DdRJu0YGazcBTGdQvwnpS3TNr3d140oDcrKe5Nkztgk0qgM1zVZdv2WF24z_oi7bWpbIQKFVfiskY05OSocZXJuGms10AZP1_FpzAg3YekycBiV4AZ43SoMprCvOvvvzx-cuCQk_KhF3dlzjJxUJcyMCZ0J1eZGm39lS2h5pT0oNqlmF/w640-h360/dubaiauditorsuae-1024x576%20copy.jpg&quot; title=&quot;UAE Corporate Tax Rate&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;&lt;strong&gt;&lt;br /&gt;&lt;/strong&gt;&lt;/h3&gt;&lt;h3 style=&quot;text-align: left;&quot;&gt;&lt;strong&gt;How is corporate tax calculated in UAE?&lt;/strong&gt;&lt;/h3&gt;
&lt;p&gt;Corporate tax in UAE is calculated at 9% of the net profit shown in 
the company’s financial statements after deducting all applicable 
deductions and excluding the exempted income. Any foreign taxes paid 
will also be allowed for reduction from the profit shown in the 
financial statement.&lt;/p&gt;
&lt;p&gt;The net profit derived after all deductions will be considered as taxable income. The &lt;strong&gt;9 % corporate tax&lt;/strong&gt; will be levied only if the taxable value exceeds &lt;strong&gt;AED 375,000&lt;/strong&gt;.&lt;/p&gt;&lt;h3&gt;Example of business tax/UAE Corporate Tax Rate calculation in UAE&lt;/h3&gt;
&lt;figure class=&quot;wp-block-table&quot;&gt;&lt;table&gt;&lt;tbody&gt;&lt;tr&gt;&lt;td&gt;&lt;strong&gt;Details&lt;/strong&gt;&lt;/td&gt;&lt;td&gt;&lt;strong&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;Amount&lt;/strong&gt;&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Net Profit&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;&lt;/td&gt;&lt;td&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;500,000&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Less : All deduction**&lt;/td&gt;&lt;td&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;25,000&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Net Income &lt;/td&gt;&lt;td&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;475,000&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Less : Exempt Amount &lt;/td&gt;&lt;td&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;375,000&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Taxable Income &lt;/td&gt;&lt;td&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;100,000&lt;/td&gt;&lt;/tr&gt;&lt;tr&gt;&lt;td&gt;Corporate Tax @9% on &lt;/td&gt;&lt;td&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;9000&lt;/td&gt;&lt;/tr&gt;&lt;/tbody&gt;&lt;/table&gt;&lt;figcaption class=&quot;wp-element-caption&quot;&gt;**The type of deductions allowed for corporate tax deduction is yet to be made available by the authorities&lt;/figcaption&gt;&lt;/figure&gt;
&lt;p&gt;As shown in the table, first the net profit from the financial 
statement is reduced by deductions as allowed by the corporate rules. 
Later, the exempt amount of 375,000 is reduced to arrive at the taxable 
income&lt;/p&gt;
&lt;h4 style=&quot;text-align: left;&quot;&gt;How can Saif Chartered Accountants assist you with Corporate tax ?&lt;/h4&gt;
&lt;p&gt;The financial accounts will now emerge as more vital for enterprises 
in UAE. The precision of the company data will determine the validity of
 financial accounts. This is what makes Saif Audit a great fit for your 
organization.&lt;/p&gt;
&lt;p&gt;We offer full solution for all your company requirements. You may 
plan for your company development and obtain additional prospects and 
helps you handle all the business complications.&lt;/p&gt;&lt;br /&gt;&lt;p&gt;&lt;/p&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/4619654944736159667/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2022/12/uae-corporate-tax-rate.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/4619654944736159667'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/4619654944736159667'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2022/12/uae-corporate-tax-rate.html' title=' UAE Corporate Tax Rate'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIw-WGA2w4DdRJu0YGazcBTGdQvwnpS3TNr3d140oDcrKe5Nkztgk0qgM1zVZdv2WF24z_oi7bWpbIQKFVfiskY05OSocZXJuGms10AZP1_FpzAg3YekycBiV4AZ43SoMprCvOvvvzx-cuCQk_KhF3dlzjJxUJcyMCZ0J1eZGm39lS2h5pT0oNqlmF/s72-w640-h360-c/dubaiauditorsuae-1024x576%20copy.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-4065034933019332935</id><published>2021-02-10T01:49:00.000-08:00</published><updated>2021-02-10T01:49:01.760-08:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="DMCC Approved Auditors"/><category scheme="http://www.blogger.com/atom/ns#" term="DMCC Approved auditors 2021"/><title type='text'>DMCC Approved Auditors 2021</title><content type='html'>&lt;p&gt;&lt;strong style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;em style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;DMCC Approved Auditors 2021&amp;nbsp;&lt;/em&gt;&lt;/strong&gt;&lt;span style=&quot;background-color: white; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px;&quot;&gt;rule aim to register auditors who will ensure the best quality audit services offered to DMCC member companies and provide the assurance that the Audited Financial Statements represent true and accurate financial position.&lt;/span&gt;&lt;/p&gt;&lt;h2 id=&quot;h-dmcc-approved-auditors-list-2021&quot; style=&quot;background-color: white; border: 0px; color: #0f3661; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 24px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; text-transform: uppercase; vertical-align: baseline;&quot;&gt;&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9K2roBqtkFh2pTDCCRDHMkEwOFiv8Yd5XCzOZey0QGl0osBHZTMTw00OVjaNd1ge1alL7BlF8-_XtxLhccr5YCDMTlXYA2ZO6VjOFHW8f4DFM75A9oDIJbzREImZu4tM0rgMrOdp6MuE/s1080/DMC+Approved+Auditors+2021.png&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; data-original-height=&quot;608&quot; data-original-width=&quot;1080&quot; height=&quot;360&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9K2roBqtkFh2pTDCCRDHMkEwOFiv8Yd5XCzOZey0QGl0osBHZTMTw00OVjaNd1ge1alL7BlF8-_XtxLhccr5YCDMTlXYA2ZO6VjOFHW8f4DFM75A9oDIJbzREImZu4tM0rgMrOdp6MuE/w640-h360/DMC+Approved+Auditors+2021.png&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/div&gt;&lt;br /&gt;DMCC APPROVED AUDITORS LIST 2021&lt;/h2&gt;&lt;p style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 20px; padding: 0px; vertical-align: baseline;&quot;&gt;Updated approved auditors list for DMCC 2021:&amp;nbsp;&lt;a href=&quot;https://www.dmcc.ae/application/files/3015/9289/3135/AA_List_as_of_22.06.2020.pdf&quot; rel=&quot;noreferrer noopener&quot; style=&quot;border: 0px; color: #15bdcc; font: inherit; margin: 0px; padding: 0px; text-decoration-line: none; transition: all 0.25s linear 0s; vertical-align: baseline;&quot; target=&quot;_blank&quot;&gt;Click here&lt;/a&gt;&lt;br /&gt;S.l. number : 155, Account Number : 148497&lt;br /&gt;Name:&amp;nbsp;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;a href=&quot;https://www.saifaudit.com/&quot; style=&quot;border: 0px; color: #15bdcc; font: inherit; margin: 0px; padding: 0px; text-decoration-line: none; transition: all 0.25s linear 0s; vertical-align: baseline;&quot;&gt;Saif Chartered Accountants&lt;/a&gt;&lt;/strong&gt;, 1106, The Prism, Business Bay Dubai&lt;/p&gt;&lt;h3 id=&quot;h-why-saif-chartered-accountants&quot; style=&quot;background-color: white; border: 0px; color: #0f3661; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 22px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; text-transform: uppercase; vertical-align: baseline;&quot;&gt;WHY SAIF CHARTERED ACCOUNTANTS?&lt;/h3&gt;&lt;p id=&quot;h-saif-chartered-accountants-is-a-professional-firm-of-chartered-accountants-established-in-dubai-as-an-auditing-and-accounting-firm-we-have-a-full-fledged-team-with-professional-qualifications-and-experience-in-the-field-of-accounting-auditing-and-business-consultancy-established-in-1994-with-offices-in-dubai-hamriyah-free-zone-sharjah-and-associate-offices-in-rak-free-trade-zone-london-cardiff-and-india-saif-chartered-accountants-cater-to-a-wide-spectrum-of-clientele-from-diversified-industries-located-in-uae&quot; style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 20px; padding: 0px; vertical-align: baseline;&quot;&gt;Saif Chartered Accountants is a professional firm of Chartered Accountants, established in Dubai as an auditing and accounting firm approved by DMCC. We have a full-fledged team with professional qualifications and experience in the field of accounting, auditing and business consultancy. Established in 1994, with offices in Dubai, Hamriyah Free Zone, Sharjah, and associate offices in RAK Free Trade Zone, London, Cardiff and India. Saif Chartered Accountants cater to a wide spectrum of clientele from diversified industries located in UAE.&lt;br /&gt;&lt;/p&gt;

&lt;a href=&quot;https://www.saifaudit.com/ContactUs.html&quot; target=&quot;_blank&quot;&gt;
&lt;input b90bb=&quot;&quot; onmouseout=&quot;this.style.backgroundColor=&quot; onmouseover=&quot;this.style.backgroundColor=&quot; style=&quot;background-color: #1b90bb; border-bottom-width: 1px; border-color: rgb(213, 213, 213); border-left-width: 1px; border-radius: 5px; border-right-width: 1px; border-top-width: 1px; border-width: 1px; color: white; cursor: pointer; margin-bottom: 10px; margin-left: 10px; margin-right: 10px; margin-top: 10px; margin: 10px; padding-bottom: 10px; padding-left: 10px; padding-right: 10px; padding-top: 10px; padding: 10px;&quot; this.style.bordercolor=&quot;#d5d5d5&quot; this.style.color=&quot;#FFFFFF&quot; type=&quot;button&quot; value=&quot;Quick Contact&quot; /&gt;&lt;/a&gt;&lt;div&gt;&lt;h4 id=&quot;h-preparation-of-accounts&quot; style=&quot;background-color: white; border: 0px; color: #0f3661; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 20px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; text-transform: uppercase; vertical-align: baseline;&quot;&gt;PREPARATION OF ACCOUNTS&lt;/h4&gt;&lt;p style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 20px; padding: 0px; vertical-align: baseline;&quot;&gt;The Directors of every Company must procure the preparation of accounts for each financial year of the Company.&lt;/p&gt;&lt;p style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 20px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;The accounts must:&lt;/strong&gt;&lt;/p&gt;&lt;ul style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; list-style: square; margin: 0px; padding: 1.5em 0px 1.571em 1.9em; vertical-align: baseline;&quot;&gt;&lt;li style=&quot;border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;be prepared in accordance with and comply with International Financial Reporting Standards;&lt;/li&gt;&lt;li style=&quot;border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;show a true and fair view of the profit and loss of the Company for the period and of the state of the Company’s affairs at the end of the period; and&lt;/li&gt;&lt;li style=&quot;border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;be approved by the Directors and signed on their behalf by at least one of them.&lt;/li&gt;&lt;/ul&gt;&lt;p style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 20px; padding: 0px; vertical-align: baseline;&quot;&gt;Within six months, or such other period prescribed by DMCCA, after the end of the financial year of the Company, the accounts for that period must be:&lt;/p&gt;&lt;ul style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; list-style: square; margin: 0px; padding: 1.5em 0px 1.571em 1.9em; vertical-align: baseline;&quot;&gt;&lt;li style=&quot;border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;prepared and approved by the Directors;&lt;/li&gt;&lt;li style=&quot;border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;examined and reported on by an auditor approved by DMCCA; and&lt;/li&gt;&lt;li style=&quot;border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;DMCC Company Regulations – Update date: 2 of January 2020- Version 2 48&lt;/li&gt;&lt;li style=&quot;border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;laid before a General Meeting for discussion and, if thought fit, approved by its Shareholders together with a copy of the auditor’s report.&lt;/li&gt;&lt;/ul&gt;&lt;p style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 20px; padding: 0px; vertical-align: baseline;&quot;&gt;Each Company must file a copy of the accounts and the auditor’s report with the Registrar within five Business Days of the relevant General Meeting, providing such additional information as requested by the Registrar.&lt;/p&gt;&lt;h5 id=&quot;h-appointment-and-removal-of-auditors&quot; style=&quot;background-color: white; border: 0px; color: #0f3661; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 18px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; text-transform: uppercase; vertical-align: baseline;&quot;&gt;APPOINTMENT AND REMOVAL OF AUDITORS&lt;/h5&gt;&lt;p style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 20px; padding: 0px; vertical-align: baseline;&quot;&gt;A Company must appoint a firm of auditors who must examine and report on the accounts prepared pursuant to&amp;nbsp;&lt;a href=&quot;https://www.dmcc.ae/application/files/6015/8262/0062/New_DMCCA_Company_Regulations_2020.pdf&quot; rel=&quot;noreferrer noopener&quot; style=&quot;border: 0px; color: #15bdcc; font: inherit; margin: 0px; padding: 0px; text-decoration-line: none; transition: all 0.25s linear 0s; vertical-align: baseline;&quot; target=&quot;_blank&quot;&gt;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;Regulation 7&lt;/strong&gt;1&lt;/a&gt;, in accordance with these Regulations. A Company may, in its discretion, appoint an auditor solely to report on its accounts and not on a general retainer basis.&lt;/p&gt;&lt;p style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 20px; padding: 0px; vertical-align: baseline;&quot;&gt;A Company must appoint its auditor at a General Meeting. The Company must not appoint an auditor under these Regulations unless:&lt;/p&gt;&lt;ul style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; list-style: square; margin: 0px; padding: 1.5em 0px 1.571em 1.9em; vertical-align: baseline;&quot;&gt;&lt;li style=&quot;border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;the auditor has been registered by DMCCA as an approved auditor;&lt;/li&gt;&lt;li style=&quot;border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;the auditor has, prior to the appointment, consented in writing to the appointment;&lt;/li&gt;&lt;li style=&quot;border: 0px; font: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;the Company is not, on reasonable enquiry, aware of any matter which should preclude the auditor from giving its consent.&lt;/li&gt;&lt;/ul&gt;&lt;p style=&quot;background-color: white; border: 0px; color: #42435d; font-family: &amp;quot;Work Sans&amp;quot;; font-size: 15px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px 0px 20px; padding: 0px; vertical-align: baseline;&quot;&gt;An auditor must be&amp;nbsp;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;registered by DMCC as an approved auditor&lt;/strong&gt;&amp;nbsp;pursuant to approved auditor rules published by DMCCA from time to time&lt;/p&gt;&lt;br /&gt;&lt;/div&gt;
&lt;form accept-charset=&quot;UTF-8&quot; action=&quot;https://forms.zohopublic.com/santhosh6/form/EnquiryForm/formperma/EfjX6p1iUGjyTXagotVBcbF3V0rwMK8L-NV9AwN8KJc/htmlRecords/submit&quot; enctype=&quot;multipart/form-data&quot; id=&quot;form&quot; method=&quot;POST&quot; name=&quot;form&quot;&gt;
&lt;input name=&quot;zf_referrer_name&quot; type=&quot;hidden&quot; value=&quot;&quot; /&gt;&lt;!--To Track referrals , place the referrer name within the &quot; &quot; in the above hidden input field--&gt;
&lt;input name=&quot;zf_redirect_url&quot; type=&quot;hidden&quot; value=&quot;&quot; /&gt;&lt;!--To redirect to a specific page after record submission , place the respective url within the &quot; &quot; in the above hidden input field--&gt;
&lt;input name=&quot;zc_gad&quot; type=&quot;hidden&quot; value=&quot;&quot; /&gt;&lt;!--If GCLID is enabled in Zoho CRM Integration, click details of AdWords Ads will be pushed to Zoho CRM--&gt;
&lt;h2&gt;Enquiry Form&lt;/h2&gt;
&lt;p&gt;&lt;/p&gt;
&lt;!--Single Line--&gt;
&lt;label&gt;Name &lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;
&lt;em&gt;*&lt;/em&gt;
&lt;/label&gt;
&lt;input fieldtype=&quot;1&quot; maxlength=&quot;255&quot; name=&quot;SingleLine&quot; type=&quot;text&quot; value=&quot;&quot; /&gt;
&lt;br /&gt;&lt;!--Phone--&gt;
&lt;label&gt;Phone
&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp; &amp;nbsp;&lt;/span&gt;&lt;span&gt;&amp;nbsp;&amp;nbsp;&lt;/span&gt;&lt;/label&gt;&amp;nbsp;&lt;input compname=&quot;PhoneNumber&quot; fieldtype=&quot;11&quot; id=&quot;international_PhoneNumber_countrycode&quot; iscountrycodeenabled=&quot;false&quot; maxlength=&quot;20&quot; name=&quot;PhoneNumber_countrycode&quot; phoneformat=&quot;1&quot; type=&quot;text&quot; value=&quot;&quot; /&gt;
&lt;br /&gt;&lt;label&gt;Number&lt;/label&gt;
&lt;!--Email--&gt;
&lt;label&gt;Email&amp;nbsp;&amp;nbsp;&lt;em&gt;*&lt;/em&gt;
&lt;/label&gt;
&lt;input fieldtype=&quot;9&quot; maxlength=&quot;255&quot; name=&quot;Email&quot; type=&quot;text&quot; value=&quot;&quot; /&gt;
&lt;br /&gt;&lt;!--Multi Line--&gt;
&lt;label&gt;Enquiry 
&lt;em&gt;*&lt;/em&gt;&amp;nbsp; &amp;nbsp; &amp;nbsp; &amp;nbsp; &amp;nbsp; &amp;nbsp;&lt;/label&gt;&lt;textarea maxlength=&quot;65535&quot; name=&quot;MultiLine&quot;&gt;&lt;/textarea&gt;&lt;br /&gt;
&lt;br /&gt;&lt;button type=&quot;submit&quot;&gt;&lt;em&gt;Submit&lt;/em&gt;&lt;/button&gt;&lt;/form&gt;
</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/4065034933019332935/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2021/02/dmcc-approved-auditors-2021.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/4065034933019332935'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/4065034933019332935'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2021/02/dmcc-approved-auditors-2021.html' title='DMCC Approved Auditors 2021'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9K2roBqtkFh2pTDCCRDHMkEwOFiv8Yd5XCzOZey0QGl0osBHZTMTw00OVjaNd1ge1alL7BlF8-_XtxLhccr5YCDMTlXYA2ZO6VjOFHW8f4DFM75A9oDIJbzREImZu4tM0rgMrOdp6MuE/s72-w640-h360-c/DMC+Approved+Auditors+2021.png" height="72" width="72"/><thr:total>0</thr:total><georss:featurename>Dubai - United Arab Emirates</georss:featurename><georss:point>25.2048493 55.2707828</georss:point><georss:box>-3.1053845361788461 20.1145328 53.515083136178845 90.4270328</georss:box></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-9067851099764015561</id><published>2020-01-28T04:34:00.000-08:00</published><updated>2020-01-28T04:34:11.775-08:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Economic Substance requirement dubai"/><title type='text'>Economic Substance Requirements In UAE</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;
&lt;span style=&quot;font-family: inherit;&quot;&gt;&lt;strong style=&quot;background-color: white; border: 0px; color: #42435d; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;em style=&quot;border: 0px; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;br /&gt;&lt;/em&gt;&lt;/strong&gt;&lt;/span&gt;
&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;
&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdIWMQyseGHf4i9-qfze4-Dp1Rmi9xphLnS6NgdlB640SCDxI_1jsloWp19QNYlU7batYXwdqpwTcIC03luI17Eroa40pJ60UxJB0jabINtbJ5P73gJ1PGsYPeluF-1rZ9yx3YjKUh_Wk/s1600/Screenshot_16.jpg&quot; imageanchor=&quot;1&quot; style=&quot;clear: left; float: left; margin-bottom: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; data-original-height=&quot;717&quot; data-original-width=&quot;1235&quot; height=&quot;370&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdIWMQyseGHf4i9-qfze4-Dp1Rmi9xphLnS6NgdlB640SCDxI_1jsloWp19QNYlU7batYXwdqpwTcIC03luI17Eroa40pJ60UxJB0jabINtbJ5P73gJ1PGsYPeluF-1rZ9yx3YjKUh_Wk/s640/Screenshot_16.jpg&quot; width=&quot;640&quot; /&gt;&lt;/a&gt;&lt;/div&gt;
&lt;span style=&quot;font-family: inherit;&quot;&gt;&lt;strong style=&quot;background-color: white; border: 0px; color: #42435d; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;em style=&quot;border: 0px; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;Economic Substance requirement&lt;/em&gt;&lt;/strong&gt;&lt;span style=&quot;background-color: white; color: #42435d;&quot;&gt;&amp;nbsp;Regulations issued On 30 April 2019, the UAE Cabinet issued the Cabinet of Ministers Resolution No.31 of 2019 (concerning economic substance regulations in the UAE, “the Regulations”), requiring all in-scope UAE entities (“Relevant Entities”) that carry on certain activities (“Relevant Activities”) to have demonstrable economic substance in the UAE from 30 April 2019.&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;h2 style=&quot;background-color: white; border: 0px; color: #0f3661; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; text-transform: uppercase; vertical-align: baseline;&quot;&gt;
&lt;span style=&quot;font-family: inherit; font-size: small;&quot;&gt;&lt;br /&gt;&lt;/span&gt;&lt;/h2&gt;
&lt;h3 style=&quot;background-color: white; border: 0px; color: #0f3661; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; text-align: left; text-transform: uppercase; vertical-align: baseline;&quot;&gt;
&lt;span style=&quot;font-family: inherit; font-size: small;&quot;&gt;WHO IS SUBJECT TO THE REGULATIONS?&lt;/span&gt;&lt;/h3&gt;
&lt;div style=&quot;background-color: white; border: 0px; color: #42435d; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
&lt;span style=&quot;font-family: inherit;&quot;&gt;The Regulations apply to all UAE onshore and free zone companies that carry on a “Relevant Activity”. It is yet to be confirmed whether the Regulations will also apply to sole proprietorship and branches, but we expect entities incorporated under offshore (free zone) companies regulations that carry on a “Relevant Activity” to be within the scope of the Regulations. Entities that are directly or indirectly owned by the UAE government (both federal and local) are specifically excluded from the Regulations. On this basis, UAE sovereign investment funds and other UAE government related entities would not need to meet the UAE economic substance requirements. The following are considered as “Relevant Activities” under the Regulations:&lt;br /&gt;&lt;em style=&quot;border: 0px; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;● Banking ● Insurance ● Fund management ● Lease-finance ● Headquarters ● Shipping ● Holding company ● Intellectual property (IP) ● Distribution and service centre&lt;/em&gt;&lt;/span&gt;&lt;/div&gt;
&lt;div style=&quot;background-color: white; border: 0px; color: #42435d; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
&lt;a href=&quot;https://www.saifaudit.com/blog/2020/01/23/economic-substance-requirement/&quot;&gt;Read more&lt;/a&gt;&lt;/div&gt;
&lt;/div&gt;
</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/9067851099764015561/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2020/01/economic-substance-requirements-in-uae.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/9067851099764015561'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/9067851099764015561'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2020/01/economic-substance-requirements-in-uae.html' title='Economic Substance Requirements In UAE'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhdIWMQyseGHf4i9-qfze4-Dp1Rmi9xphLnS6NgdlB640SCDxI_1jsloWp19QNYlU7batYXwdqpwTcIC03luI17Eroa40pJ60UxJB0jabINtbJ5P73gJ1PGsYPeluF-1rZ9yx3YjKUh_Wk/s72-c/Screenshot_16.jpg" height="72" width="72"/><thr:total>0</thr:total><georss:featurename>Dubai - United Arab Emirates</georss:featurename><georss:point>25.2048493 55.270782800000006</georss:point><georss:box>24.2844238 53.9798893 26.1252748 56.561676300000009</georss:box></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-5410034089036487823</id><published>2018-07-08T02:38:00.001-07:00</published><updated>2018-07-08T02:38:11.726-07:00</updated><title type='text'>SGA World - The global accounting network</title><content type='html'>&lt;iframe allowfullscreen=&quot;&quot; frameborder=&quot;0&quot; height=&quot;270&quot; src=&quot;https://www.youtube.com/embed/8jfV7jR49Is&quot; width=&quot;480&quot;&gt;&lt;/iframe&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/5410034089036487823/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2018/07/sga-world-global-accounting-network.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/5410034089036487823'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/5410034089036487823'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2018/07/sga-world-global-accounting-network.html' title='SGA World - The global accounting network'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/8jfV7jR49Is/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-8905480075147681091</id><published>2018-05-10T02:26:00.003-07:00</published><updated>2018-05-10T02:26:50.902-07:00</updated><title type='text'>https://www.saifaudit.com/audit-firms-in-Dubai.html</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;
&lt;a href=&quot;https://www.saifaudit.com/audit-firms-in-Dubai.html&quot;&gt;https://www.saifaudit.com/audit-firms-in-Dubai.html&lt;/a&gt;&lt;br /&gt;
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https://www.saifaudit.com/blog/2018/03/20/how-to-file-vat-return-in-uae/&lt;br /&gt;
&lt;br /&gt;
&lt;h1 class=&quot;title single-title entry-title&quot; itemprop=&quot;headline&quot; style=&quot;background-color: white; border: 0px; clear: both; color: #222222; font-family: Raleway; font-size: 38px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; font-weight: 300; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; vertical-align: baseline; width: 679.672px;&quot;&gt;
&lt;div style=&quot;border: 0px; color: #444444; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
&lt;em style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;How to File VAT Return in UAE ?.&amp;nbsp;&lt;/strong&gt;&lt;/em&gt;&amp;nbsp;Under UAE VAT, the first VAT return is due on 28th Feb, 2018, which will be filed by those businesses for whom the monthly VAT return is applicable. The businesses are required to file VAT Return online using the Federal Tax Authority (FTA) portal. The&amp;nbsp;&lt;a href=&quot;https://eservices.tax.gov.ae/en-us/login?returnurl=%2fen-us%2fuser%2fdashboard&quot; style=&quot;border: 0px; color: #010968; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; transition: all 0.25s linear; vertical-align: baseline;&quot;&gt;FTA portal&lt;/a&gt;&amp;nbsp;is designed to accept the returns only through online mode as offline capabilities to file VAT return through XML, EXCEL or any other utility are currently not available. This implies that the taxpayer is required to manually provide the values of Sales, Purchase, Output VAT, Input and Input VAT etc. in the appropriate boxes of the VAT return form available in FTA portal.&lt;/div&gt;
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&lt;ins class=&quot;adsbygoogle&quot; data-ad-client=&quot;ca-pub-6774403266600064&quot; data-ad-format=&quot;fluid&quot; data-ad-layout=&quot;in-article&quot; data-ad-slot=&quot;6411877293&quot; data-adsbygoogle-status=&quot;done&quot; style=&quot;border: 0px; display: block; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; text-align: center; vertical-align: baseline;&quot;&gt;&lt;/ins&gt;&lt;/div&gt;
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The VAT Return form is named as ‘VAT 201’ which the taxpayer needs to fill and submit in order to complete the VAT Return filing. The Form VAT 201 is broadly categorized into 7 sections as mentioned below:&lt;/div&gt;
&lt;ul style=&quot;border: 0px; color: #444444; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; list-style: square; margin: 1.5em 0px 1.571em 1.9em; padding: 0px; vertical-align: baseline;&quot;&gt;
&lt;li style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;Taxable Person Details&lt;/li&gt;
&lt;li style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;VAT Return Period&lt;/li&gt;
&lt;li style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;VAT on sales and all other outputs&lt;/li&gt;
&lt;li style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;VAT on expenses and all other inputs&lt;/li&gt;
&lt;li style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;Net VAT Due&lt;/li&gt;
&lt;li style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;Additional reporting requirements&lt;/li&gt;
&lt;li style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;Declaration and Authorized Signatory&lt;/li&gt;
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Each of these sections contains various boxes in which the taxpayer needs to furnish the details in order to complete the VAT Tax return filing. Each of the above sections and the details required to be furnished in relevant boxes of VAT Return Form 201 are discussed below:&lt;/div&gt;
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HOW TO FILE VAT RETURN IN UAE?&lt;br /&gt;THE PROCESS OF FILING VAT RETURN IN UAE – VAT RETURN FORM 201&lt;/h2&gt;
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To access the VAT Return Form 201, the taxpayer should log in to the FTA e-Services portal using your registered username and password. Form Navigation menu, select the&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&amp;nbsp;‘VAT’-&amp;gt;VAT 201- VAT Return-&amp;gt;&lt;/strong&gt;&amp;nbsp;click on&amp;nbsp;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;‘VAT 201-New VAT Return’&amp;nbsp;&lt;/strong&gt;to initiate the VAT return filing process.&lt;/div&gt;
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&lt;img alt=&quot;Vat201-1&quot; border=&quot;0&quot; height=&quot;auto&quot; src=&quot;https://tallysolutions.com/mena/wp-content/uploads/2018/vat/Vat201-1.png&quot; style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; height: auto !important; line-height: inherit; margin: 0px; max-width: 100%; padding: 0px; vertical-align: baseline;&quot; width=&quot;auto&quot; /&gt;&lt;/div&gt;
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1. TAXABLE PERSON DETAILS&lt;/h2&gt;
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&lt;img alt=&quot;Vat201-2&quot; border=&quot;0&quot; height=&quot;auto&quot; src=&quot;https://tallysolutions.com/mena/wp-content/uploads/2018/vat/Vat201-2.png&quot; style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; height: auto !important; line-height: inherit; margin: 0px; max-width: 100%; padding: 0px; vertical-align: baseline;&quot; width=&quot;auto&quot; /&gt;&lt;/div&gt;
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In the above section, details such as the “TRN” or “Tax Registration Number” of the taxpayer, as well as their name and address will be captured. These details will be auto-populated.&lt;/div&gt;
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In case of tax agent submitting the VAT return on behalf of a taxpayer, the details of TAAN (Tax Agent Approval Number) and the associated TAN (Tax Agency Number) along with the Tax Agent and the Tax Agency name are populated at the top of the VAT Return.&lt;/div&gt;
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2. VAT RETURN PERIOD&lt;/h2&gt;
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&lt;img alt=&quot;Vat201-3&quot; border=&quot;0&quot; height=&quot;auto&quot; src=&quot;https://tallysolutions.com/mena/wp-content/uploads/2018/vat/Vat201-3.png&quot; style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; height: auto !important; line-height: inherit; margin: 0px; max-width: 100%; padding: 0px; vertical-align: baseline;&quot; width=&quot;auto&quot; /&gt;&lt;/div&gt;
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The details in the above section such as VAT return period for which you are currently filing a return, the Tax Year end, VAT return period reference number and VAT return due date will be auto-populated.&lt;/div&gt;
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The tax year end is important for businesses who are not able to recover all of their input VAT and need to perform an input tax apportionment annual adjustment. Such adjustment is allowed only in the first return following the tax year end. VAT return period reference number indicates the VAT return period which you will be completed within that tax year.&lt;/div&gt;
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If the VAT return period reference is 1, those affected businesses should include their input tax apportionment annual adjustment in that VAT return. Businesses need not worry now, because this is applicable after 1st year of VAT return i.e. from 1st January, 2019 onwards.&lt;/div&gt;
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3. VAT ON SALES AND ALL OTHER OUTPUTS&lt;/h2&gt;
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&lt;img alt=&quot;Vat201-4&quot; border=&quot;0&quot; height=&quot;auto&quot; src=&quot;https://tallysolutions.com/mena/wp-content/uploads/2018/vat/Vat201-4.png&quot; style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; height: auto !important; line-height: inherit; margin: 0px; max-width: 100%; padding: 0px; vertical-align: baseline;&quot; width=&quot;auto&quot; /&gt;&lt;/div&gt;
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&lt;img alt=&quot;Vat201-5&quot; border=&quot;0&quot; height=&quot;auto&quot; src=&quot;https://tallysolutions.com/mena/wp-content/uploads/2018/vat/Vat201-5.png&quot; style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; height: auto !important; line-height: inherit; margin: 0px; max-width: 100%; padding: 0px; vertical-align: baseline;&quot; width=&quot;auto&quot; /&gt;&lt;/div&gt;
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In the above section, you need to furnish the details of standard rate taxable supplies at the Emirates level, zero rate supplies, exempt supplies, supplies subject to reverse charge mechanism etc.&lt;/div&gt;
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4. VAT ON EXPENSES AND ALL OTHER INPUTS&lt;/h2&gt;
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&lt;img alt=&quot;Vat201-6&quot; border=&quot;0&quot; height=&quot;auto&quot; src=&quot;https://tallysolutions.com/mena/wp-content/uploads/2018/vat/Vat201-6.png&quot; style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; height: auto !important; line-height: inherit; margin: 0px; max-width: 100%; padding: 0px; vertical-align: baseline;&quot; width=&quot;auto&quot; /&gt;&lt;/div&gt;
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In the above section, you need to furnish the details of purchases or expenses on which you have paid VAT at a standard rate of 5% and supplies subject to reverse charge basis along with the eligible recoverable input tax.&lt;/div&gt;
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5. NET VAT DUE&lt;/h2&gt;
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&lt;img alt=&quot;Vat201-7&quot; border=&quot;0&quot; height=&quot;auto&quot; src=&quot;https://tallysolutions.com/mena/wp-content/uploads/2018/vat/Vat201-7.png&quot; style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; height: auto !important; line-height: inherit; margin: 0px; max-width: 100%; padding: 0px; vertical-align: baseline;&quot; width=&quot;auto&quot; /&gt;&lt;/div&gt;
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This section indicates your VAT payable for the VAT return period. The box number 12: Total Value of due tax for the period indicates the total value of output tax that is due for the Tax Period. This will be calculated based on the information declared in Sales and all other outputs. This will be the sum of the Output VAT and Adjustments columns in the Sales and all other outputs.&lt;/div&gt;
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Similarly, box number 13: Total value of recoverable tax for the period indicates total value of Input Tax that is recoverable for the Tax Period. This will be calculated based on the details furnished in VAT expenses and all other inputs section. The box number 14 indicates the payable tax for the period. This will be the difference between the total tax due for the period and the total recoverable tax for the period. Either it will result in net VAT payable or recoverable tax.&lt;/div&gt;
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If the amount in Box 12 is more than the amount in Box 13, the difference is the amount of VAT that you must pay. If the amount in Box 12 is less than the figure in Box 13, then you will be eligible to request a refund for the net amount of recoverable tax or carry it forward to the subsequent VAT return period.&lt;/div&gt;
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6. ADDITIONAL REPORTING REQUIREMENT&lt;/h2&gt;
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&lt;img alt=&quot;Vat201-8&quot; border=&quot;0&quot; height=&quot;auto&quot; src=&quot;https://tallysolutions.com/mena/wp-content/uploads/2018/vat/Vat201-8.png&quot; style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; height: auto !important; line-height: inherit; margin: 0px; max-width: 100%; padding: 0px; vertical-align: baseline;&quot; width=&quot;auto&quot; /&gt;&lt;/div&gt;
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This section is applicable only for businesses who have used and applied the provisions of the Profit Margin Scheme during this period. Else, you can tick ‘No’ and proceed to the next section. This is just an additional reporting which does not have any financial impact on your VAT Return.&lt;/div&gt;
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7. DECLARATION AND AUTHORIZED SIGNATORY&lt;/h2&gt;
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&lt;img alt=&quot;Vat201-9&quot; border=&quot;0&quot; height=&quot;auto&quot; src=&quot;https://tallysolutions.com/mena/wp-content/uploads/2018/vat/Vat201-9.png&quot; style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; height: auto !important; line-height: inherit; margin: 0px; max-width: 100%; padding: 0px; vertical-align: baseline;&quot; width=&quot;auto&quot; /&gt;&lt;/div&gt;
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In the above section, provide the authorized signatory details and tick the box next to the declaration section to submit the VAT Return. The taxpayer also has an option to save the details as a draft and submit it later.&lt;/div&gt;
&lt;div style=&quot;border: 0px; color: #444444; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
Before submitting the VAT Return, the taxpayers have to take utmost care in verifying all the details and only when he or she is certain that all the information is correct, click the submit button. After the successful filing of the VAT Return, a taxpayer will receive an e-mail from FTA confirming the submission of VAT return form.&lt;/div&gt;
&lt;/h1&gt;
&lt;h2 class=&quot;tallyhelphead&quot; style=&quot;background-color: white; border: 0px; color: #222222; font-family: Amaranth; font-size: 24px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; font-weight: normal; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; text-transform: uppercase; vertical-align: baseline;&quot;&gt;
CONCLUSION&lt;/h2&gt;
&lt;h1 class=&quot;title single-title entry-title&quot; itemprop=&quot;headline&quot; style=&quot;background-color: white; border: 0px; clear: both; color: #222222; font-family: Raleway; font-size: 38px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; font-weight: 300; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; vertical-align: baseline; width: 679.672px;&quot;&gt;
&lt;div style=&quot;border: 0px; color: #444444; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
The&amp;nbsp;&lt;a href=&quot;https://www.saifaudit.com/blog/2017/11/23/the-vat-uae/&quot; style=&quot;border: 0px; color: #010968; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; transition: all 0.25s linear; vertical-align: baseline;&quot;&gt;UAE VAT&lt;/a&gt;&amp;nbsp;return filing requires the details required at a summary level meaning the consolidated details of Sales, Purchase/expenses, output VAT and Input VAT. More importantly, the details need to be consolidated accordingly to the format as prescribed by the Federal Tax Authority (FTA). If you closely observe, in certain boxes, the detailing is not just the consolidation of sales or purchases. Instead, it requires a sub-level detailing or declaration of details based on the eligibility. For example, standard rated sales are required at the Emirates level, the taxpayer is required to furnish only those expenses or purchase on which he is eligible to recover the input VAT etc. It will be highly difficult for business to manually collate and compile transactions for filing VAT Return and by doing so, you will be running the risk of missing deadlines which eventually lead to non-compliance. Thus, it is a must for businesses to have the right tax accounting software which will not only help you to account your VAT transactions but also triangulate your business records to generate the accurate VAT Return in the prescribed format. By having a right Tax accounting software, businesses can easily generate the accurate VAT Return with zero or minimum efforts and more importantly, avoid the hefty penalties ranging from AED 1,000 to 3,000 for non-filing or incorrect filing of VAT Returns.&lt;/div&gt;
&lt;div style=&quot;border: 0px; color: #444444; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
For businesses, a tax accounting software will play a key role in defining the success of a business in the field of compliance adherence. The businesses need to carefully evaluate the software which will help in the hassle-free transition of your businesses into a new VAT regime, ease of accounting VAT and filing returns.&lt;/div&gt;
&lt;div class=&quot;disclaimer-text&quot; style=&quot;border: 0px; color: #444444; font-size: 16px; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;
Courtesy: Tally&lt;/div&gt;
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Quick Contact: 04 4518600 or&amp;nbsp;&lt;a href=&quot;https://www.saifaudit.com/blog/2018/03/20/how-to-file-vat-return-in-uae/info@saifaudit.com&quot; style=&quot;border: 0px; color: #010968; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration-line: none; transition: all 0.25s linear; vertical-align: baseline;&quot;&gt;Mail us&lt;/a&gt;&lt;br /&gt;
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&lt;/h1&gt;
&lt;/div&gt;
</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/5193071338292085275/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2018/03/how-to-file-vat-return-in-uae.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/5193071338292085275'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/5193071338292085275'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2018/03/how-to-file-vat-return-in-uae.html' title='How to File VAT Return in UAE'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-3638708773786032435</id><published>2018-01-13T09:01:00.001-08:00</published><updated>2018-01-13T09:01:34.119-08:00</updated><title type='text'>Zoho Books UAE VAT Accounting Software</title><content type='html'>&lt;iframe allowfullscreen=&quot;&quot; frameborder=&quot;0&quot; height=&quot;344&quot; src=&quot;https://www.youtube.com/embed/9EB89YiwCos&quot; width=&quot;459&quot;&gt;&lt;/iframe&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/3638708773786032435/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2018/01/zoho-books-uae-vat-accounting-software.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/3638708773786032435'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/3638708773786032435'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2018/01/zoho-books-uae-vat-accounting-software.html' title='Zoho Books UAE VAT Accounting Software'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/9EB89YiwCos/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-1109383914237511165</id><published>2017-12-16T08:20:00.002-08:00</published><updated>2017-12-16T08:20:53.480-08:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="DMCC Approved Auditors"/><title type='text'>DMCC Approved Auditors</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;
&lt;h1 class=&quot;title single-title entry-title&quot; itemprop=&quot;headline&quot; style=&quot;border: 0px; clear: both; color: #222222; font-family: Raleway; font-size: 38px; font-stretch: inherit; font-weight: 300; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; vertical-align: baseline; width: 679.671875px;&quot;&gt;
DMCC Approved Auditors&lt;/h1&gt;
https://www.saifaudit.com/blog/2017/12/16/dmcc-approved-auditors/&lt;br /&gt;
&lt;br /&gt;
&lt;span style=&quot;border: 0px; color: #444444; font-family: Raleway; font-size: 16px; font-stretch: inherit; font-style: italic; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;DMCC Approved Auditors&lt;/strong&gt;&lt;/span&gt;&lt;span style=&quot;background-color: white; color: #444444; font-family: Raleway; font-size: 16px;&quot;&gt;: Saif Chartered Accountants (SFAI International) is one of the approved auditors in DMCCA/JLT&amp;nbsp;&lt;/span&gt;&lt;span style=&quot;border: 0px; color: #444444; font-family: Raleway; font-size: 16px; font-stretch: inherit; font-style: italic; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;span style=&quot;border: 0px; color: #ff6600; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;(DMCC Approved Auditors List number: 148497&amp;nbsp; Saif Chartered Accountants )&lt;/strong&gt;&lt;/span&gt;&lt;/span&gt;&lt;br /&gt;
&lt;span style=&quot;color: #ff6600;&quot;&gt;&lt;b&gt;&lt;i&gt;&lt;br style=&quot;font-family: Raleway; font-size: 16px;&quot; /&gt;&lt;/i&gt;&lt;/b&gt;&lt;/span&gt;&lt;a href=&quot;https://www.dmcc.ae/application/files/4214/9804/2762/DMCCA_APPROVED_AUDITORS_LIST_30.05.17_Version_1.0.pdf&quot;&gt;Click here for the complete list&lt;/a&gt;&lt;br /&gt;
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&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;
&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhm_Hj1XbUb9dABuLsC-mCpB6cnIRX-hFcbcUjfWQ7WDOZETgvUm7QUlleGfMfjM4GmZIFhcaR-oe7XpgxXdtEyv618jOxxzRTy8kWV31W4y7K0fSDaKTMA2vjW1D3KC8Op6SdoIb8BKjs/s1600/dmcc_wide.jpg&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; data-original-height=&quot;356&quot; data-original-width=&quot;933&quot; height=&quot;152&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhm_Hj1XbUb9dABuLsC-mCpB6cnIRX-hFcbcUjfWQ7WDOZETgvUm7QUlleGfMfjM4GmZIFhcaR-oe7XpgxXdtEyv618jOxxzRTy8kWV31W4y7K0fSDaKTMA2vjW1D3KC8Op6SdoIb8BKjs/s400/dmcc_wide.jpg&quot; width=&quot;400&quot; /&gt;&lt;/a&gt;&lt;/div&gt;
&lt;br /&gt;
&lt;br /&gt;
&lt;div style=&quot;border: 0px; color: #444444; font-family: Raleway; font-size: 16px; font-stretch: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
&lt;span style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: italic; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;Why Saif Chartered Accountants as your DMCC Auditor?&lt;/span&gt;&lt;/div&gt;
&lt;div style=&quot;border: 0px; color: #444444; font-family: Raleway; font-size: 16px; font-stretch: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
Saif Chartered Accountants, the leading auditing firm in Dubai, UAE cater all your licensing needs in DMCC. Established in 1994, with offices in&amp;nbsp;&lt;span style=&quot;border: 0px; color: green; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;Dubai&lt;/strong&gt;&lt;/span&gt;, Hamriyah Free Zone,&amp;nbsp;&lt;span style=&quot;border: 0px; color: green; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;Sharjah&lt;/strong&gt;&lt;/span&gt;&amp;nbsp;and associate offices in RAK Free Trade Zone,&amp;nbsp;&lt;span style=&quot;border: 0px; color: green; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;London&lt;/strong&gt;&lt;/span&gt;,&amp;nbsp;&lt;span style=&quot;border: 0px; color: green; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;Cardiff&lt;/strong&gt;&lt;/span&gt;&amp;nbsp;and&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;&amp;nbsp;India&lt;/strong&gt;. Saif Audit cater to a wide spectrum of clientele from diversified industries located in UAE.&lt;/div&gt;
&lt;div style=&quot;border: 0px; color: #444444; font-family: Raleway; font-size: 16px; font-stretch: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
We are affiliated to Santa Fe Associates International (SFAI), a professional services firm helping clients develop better business strategies that build on their unique inherent and potential strengths the philosophy of the company, how it is organized to understand market opportunities and customer needs, and the methods it uses to deliver products and services. We help companies to continually adapt and continually improve.&lt;/div&gt;
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DMCCA AUDIT : PENALTIES FOR NON COMPLIANCE OF AUDIT FOR COMPANIES IN DMCCA/ JLT&lt;/div&gt;
&lt;div style=&quot;border: 0px; color: #444444; font-family: Raleway; font-size: 16px; font-stretch: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
As per the DMCC Audit regulations, every new company licensed in DMCC has to appoint an auditor, approved by DMCC, and sumbit auditor’s appointment letter to DMCC with in 30 days of the licensing date.&lt;/div&gt;
&lt;div style=&quot;border: 0px; color: #444444; font-family: Raleway; font-size: 16px; font-stretch: inherit; line-height: inherit; margin-bottom: 20px; padding: 0px; vertical-align: baseline;&quot;&gt;
Its mandatory to submit the audited financial to DMCC within 90 days of the financial period . Non-compliance of the above will attract DMCC penalties.&lt;/div&gt;
&lt;h3 style=&quot;border: 0px; color: #222222; font-family: Amaranth; font-size: 22px; font-stretch: inherit; font-weight: normal; line-height: 1.4; margin: 0px 0px 12px; padding: 0px; text-transform: uppercase; vertical-align: baseline;&quot;&gt;
&lt;strong style=&quot;border: 0px; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; vertical-align: baseline;&quot;&gt;CALL US :&amp;nbsp;+971 4 4518600, MOB :&amp;nbsp;+971 50 8550 765, +971 50 675 9158&lt;/strong&gt;&lt;/h3&gt;
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or mail us:&amp;nbsp;&lt;a href=&quot;mailto:info@saifaudit.com&quot; style=&quot;border: 0px; color: #010968; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration: none; transition: all 0.25s linear; vertical-align: baseline;&quot;&gt;info@saifaudit.com&lt;/a&gt;&lt;/div&gt;
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Get an appointment in our office :&amp;nbsp;&lt;a href=&quot;https://saifaudit.setmore.com/&quot; style=&quot;border: 0px; color: #010968; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration: none; transition: all 0.25s linear; vertical-align: baseline;&quot;&gt;Click here&lt;/a&gt;&lt;/div&gt;
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or&amp;nbsp;&lt;a href=&quot;https://app.purechat.com/u/saifdxb&quot; style=&quot;border: 0px; color: #010968; font-family: inherit; font-size: inherit; font-stretch: inherit; font-style: inherit; font-variant-caps: inherit; line-height: inherit; margin: 0px; padding: 0px; text-decoration: none; transition: all 0.25s linear; vertical-align: baseline;&quot;&gt;Chat With Us&lt;/a&gt;&lt;/div&gt;
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1106, The Prism, Sheikh Zayed Road, Business Bay – Dubai&lt;/div&gt;
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</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/1109383914237511165/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/12/dmcc-approved-auditors.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/1109383914237511165'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/1109383914237511165'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/12/dmcc-approved-auditors.html' title='DMCC Approved Auditors'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhm_Hj1XbUb9dABuLsC-mCpB6cnIRX-hFcbcUjfWQ7WDOZETgvUm7QUlleGfMfjM4GmZIFhcaR-oe7XpgxXdtEyv618jOxxzRTy8kWV31W4y7K0fSDaKTMA2vjW1D3KC8Op6SdoIb8BKjs/s72-c/dmcc_wide.jpg" height="72" width="72"/><thr:total>0</thr:total><georss:featurename>1st Floor, AL Mas Towers, Jumeirah Lakes Tower - Dubai - United Arab Emirates</georss:featurename><georss:point>25.0686555 55.1411875</georss:point><georss:box>-3.4015260000000005 13.832593500000002 53.538837 96.4497815</georss:box></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-1378650109365237776</id><published>2017-11-14T03:09:00.003-08:00</published><updated>2017-11-14T03:09:53.927-08:00</updated><title type='text'></title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;
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&lt;h2 style=&quot;text-align: left;&quot;&gt;
DAYS TO VAT in UAE&lt;/h2&gt;
&lt;br /&gt;&lt;/div&gt;
&lt;iframe frameborder=&quot;0&quot; height=&quot;185&quot; src=&quot;https://w2.countingdownto.com/2005468&quot; width=&quot;539&quot;&gt;&lt;/iframe&gt;
&lt;/div&gt;
</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/1378650109365237776/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/11/blog-post_14.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/1378650109365237776'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/1378650109365237776'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/11/blog-post_14.html' title=''/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-1900526012890077149</id><published>2017-11-13T02:22:00.002-08:00</published><updated>2017-11-13T02:22:54.280-08:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="VAT registration mandatory for Free Zone"/><title type='text'>Free Zone Companies required to register for VAT in UAE?</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;
&lt;h2 style=&quot;text-align: left;&quot;&gt;
Is VAT registration mandatory for Free Zone companies in Dubai, UAE?&lt;/h2&gt;
The short answer is YES. In recent, DMCC, DWC Free zones advised their customers to register for VAT.&lt;br /&gt;
&lt;br /&gt;
DWC :&lt;br /&gt;
&lt;blockquote&gt;
There are strict deadlines on the requirement to register for tax, which are dependent on the size of your business. We recommend that you read the guidelines set out in the following website and register in advance to ensure you avoid incurring any fines”&lt;/blockquote&gt;
&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: left;&quot;&gt;
&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhOn-3Uyc_cH38NUuyTJQE12gAwvVzd3i5xIFgGpjD3Q0UDAkW3lq4XVBr20gAdHijFil0MVEhAF3nm3h8uo1gVoTYPpjfj4jW4M0krq49Gz3aDbWTlDDUIy_TLFmFpwgTuMtUEiSI8JWQ/s1600/xx+%25281%2529.jpg&quot; imageanchor=&quot;1&quot; style=&quot;margin-left: 1em; margin-right: 1em;&quot;&gt;&lt;img border=&quot;0&quot; data-original-height=&quot;450&quot; data-original-width=&quot;800&quot; height=&quot;180&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhOn-3Uyc_cH38NUuyTJQE12gAwvVzd3i5xIFgGpjD3Q0UDAkW3lq4XVBr20gAdHijFil0MVEhAF3nm3h8uo1gVoTYPpjfj4jW4M0krq49Gz3aDbWTlDDUIy_TLFmFpwgTuMtUEiSI8JWQ/s320/xx+%25281%2529.jpg&quot; width=&quot;320&quot; /&gt;&lt;/a&gt;&lt;/div&gt;
&lt;br /&gt;
DMCC:&lt;br /&gt;
&lt;blockquote&gt;
Dear Valued Member,&lt;br /&gt;
The VAT Executive Regulations have not been released into the public domain and complete clarity on the treatment of Free Zones is still awaited.&lt;br /&gt;
However, based on the available information, we understand that all entities having a taxable supply exceeding AED 375,000 would be required to register for VAT &lt;strong&gt;and those with taxable supply between AED 187,500 and AED 375,000 may opt to register for VAT.&lt;/strong&gt;&lt;br /&gt;
Further, the Ministry of Finance has issued the following deadlines for registration:&lt;br /&gt;
&lt;ul&gt;
&lt;li&gt;&lt;strong&gt;Before 31 October 2017&lt;/strong&gt; – Businesses with a turnover &lt;strong&gt;exceeding AED 150m&lt;/strong&gt; should apply for registration&lt;/li&gt;
&lt;li&gt;&lt;strong&gt;Before 30 November 2017 – &lt;/strong&gt;Businesses with a turnover &lt;strong&gt;exceeding AED 10m&lt;/strong&gt; should apply for registration&lt;/li&gt;
&lt;li&gt;&lt;strong&gt;Before&lt;/strong&gt;&lt;strong&gt;04 December 2017&lt;/strong&gt; – All other business entities should submit their application to minimize the risk of not being registered in time for VAT go-live&lt;/li&gt;
&lt;/ul&gt;
&lt;br /&gt;
We will share further information as soon as it is announced by the FTA. Nevertheless, you will need to be registered in order to claim back any VAT you pay as a business.&lt;br /&gt;
&lt;strong&gt;Our advice is to start the registration as soon as possible&lt;/strong&gt;&lt;/blockquote&gt;
JAFZA&lt;br /&gt; Federal Tax Authority advised to do the registration for companies registered under JAFZA as well.&lt;br /&gt;
Other Free Zones: &lt;em&gt;Its advised to register&lt;/em&gt;&lt;br /&gt;
Saif Chartered Accountants provide&amp;nbsp;&lt;a href=&quot;https://www.saifaudit.com/blog/2017/10/11/register-vat-uae/&quot;&gt;&lt;span style=&quot;color: #010968;&quot;&gt;Vat Registration Services&lt;/span&gt;&lt;/a&gt;,&amp;nbsp;&lt;a href=&quot;https://www.saifaudit.com/vatdubauuae.html&quot;&gt;&lt;span style=&quot;color: #010968;&quot;&gt;Complete&amp;nbsp;VAT Consultancy Services&lt;/span&gt;&lt;/a&gt;&amp;nbsp;all around the UAE –&amp;nbsp; Dubai, Abu Dhabi, Ajman Ras- Al Khaimah, Fujairah &amp;amp; Umm-Al Quwain.&lt;/div&gt;
</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/1900526012890077149/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/11/free-zone-companies-required-to.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/1900526012890077149'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/1900526012890077149'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/11/free-zone-companies-required-to.html' title='Free Zone Companies required to register for VAT in UAE?'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhOn-3Uyc_cH38NUuyTJQE12gAwvVzd3i5xIFgGpjD3Q0UDAkW3lq4XVBr20gAdHijFil0MVEhAF3nm3h8uo1gVoTYPpjfj4jW4M0krq49Gz3aDbWTlDDUIy_TLFmFpwgTuMtUEiSI8JWQ/s72-c/xx+%25281%2529.jpg" height="72" width="72"/><thr:total>0</thr:total><georss:featurename>Dubai - United Arab Emirates</georss:featurename><georss:point>25.2048493 55.270782800000006</georss:point><georss:box>24.2844238 53.9798893 26.1252748 56.561676300000009</georss:box></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-6795696457284572451</id><published>2017-10-10T12:09:00.001-07:00</published><updated>2017-10-10T12:09:29.946-07:00</updated><title type='text'>How to Register for VAT in UAE?</title><content type='html'>&lt;iframe allowfullscreen=&quot;&quot; frameborder=&quot;0&quot; height=&quot;344&quot; src=&quot;https://www.youtube.com/embed/CtIdf3drBRc&quot; width=&quot;459&quot;&gt;&lt;/iframe&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/6795696457284572451/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/10/how-to-register-for-vat-in-uae.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/6795696457284572451'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/6795696457284572451'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/10/how-to-register-for-vat-in-uae.html' title='How to Register for VAT in UAE?'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/CtIdf3drBRc/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-6763003317127595091</id><published>2017-07-04T05:07:00.001-07:00</published><updated>2017-07-04T05:07:45.568-07:00</updated><title type='text'>VAT Service Dubai, UAE</title><content type='html'>&lt;div dir=&quot;ltr&quot; style=&quot;text-align: left;&quot; trbidi=&quot;on&quot;&gt;
&lt;div class=&quot;separator&quot; style=&quot;clear: both; text-align: center;&quot;&gt;
&lt;iframe width=&quot;320&quot; height=&quot;266&quot; class=&quot;YOUTUBE-iframe-video&quot; data-thumbnail-src=&quot;https://i.ytimg.com/vi/PIqC4w32Uic/0.jpg&quot; src=&quot;https://www.youtube.com/embed/PIqC4w32Uic?feature=player_embedded&quot; frameborder=&quot;0&quot; allowfullscreen&gt;&lt;/iframe&gt;&lt;/div&gt;
&lt;br /&gt;&lt;/div&gt;
</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/6763003317127595091/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/07/vat-service-dubai-uae.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/6763003317127595091'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/6763003317127595091'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/07/vat-service-dubai-uae.html' title='VAT Service Dubai, UAE'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/PIqC4w32Uic/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-8591812908337790290</id><published>2017-07-02T06:10:00.001-07:00</published><updated>2017-07-02T06:10:45.613-07:00</updated><title type='text'>SAIF CHARTERED ACCOUNTANTS: DUBAI UAE</title><content type='html'>&lt;iframe allowfullscreen=&quot;&quot; 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frameborder=&quot;0&quot; height=&quot;270&quot; src=&quot;https://www.youtube.com/embed/AVo_fHR83po&quot; width=&quot;480&quot;&gt;&lt;/iframe&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/7943547242001939181/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/04/vat-in-uae-debut-of-new-tax-in-uae.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/7943547242001939181'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/7943547242001939181'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/04/vat-in-uae-debut-of-new-tax-in-uae.html' title='VAT in UAE : Debut of new Tax in UAE'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://img.youtube.com/vi/AVo_fHR83po/default.jpg" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-495564575244425323</id><published>2017-03-08T20:42:00.001-08:00</published><updated>2017-03-08T20:42:09.708-08:00</updated><title type='text'>DSO Approved Auditors</title><content type='html'>&lt;img src=&#39;https://d5k6iufjynyu8.cloudfront.net/uploads/sanacl-1489034424-DSO.png&#39;/&gt;&lt;br/&gt;DSO Approved Auditors: Dubai Silicon Oasis Authority, a 100% government-owned free zone that promotes modern technology based industries with urban master-planned community, state-of-the-art infrastructure and in-house business services. Saif Chartered Accountants offer Financial Auditing service in Dubai Silicon Oasis Authority (DSOA) companies. Why Saif Chartered Accountants as your DSO Company Auditor? Our experience really counts and there’s no substitute for that. With over two decades of professional history behind us, we know what you crave and what we care. We are proudly independent and perfectly and professionally positioned to understand your business needs and to help you realize them. DSO Approved Auditor : Saif Chartered Accountants, Dubai [Division of SFAI International] Tel: +971 4 4518600 Mob: +971 50 8550 765, +971 50 675 9158 Mail: info@saifaudit.com Web : www.saifaudit.com Online appointment : visit www.saifaudit.com&lt;br/&gt;&lt;a href=&quot;http://bit.ly/2mlatHi&quot;&gt;http://bit.ly/2mlatHi&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/495564575244425323/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/03/dso-approved-auditors.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/495564575244425323'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/495564575244425323'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/03/dso-approved-auditors.html' title='DSO Approved Auditors'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-2680704455989362061</id><published>2017-03-08T04:34:00.001-08:00</published><updated>2017-03-08T04:34:12.073-08:00</updated><title type='text'>DMCC Approved Auditor</title><content type='html'>&lt;img src=&#39;https://d5k6iufjynyu8.cloudfront.net/uploads/sanacl-1488976303-Lowe-wins-DMCC-business.jpg&#39;/&gt;&lt;br/&gt;DMCC APPROVED AUDITOR: SAIF CHARTERED ACCOUNTANTS DMCC Approved Auditor : Dubai Multi Commodities Center Authority, Established in 2002 as a strategic initiative of the Government of Dubai with a mandate to provide the physical, market and financial infrastructure required to set up and operate a thriving commodities marketplace, today we are officially recognised as the largest Free Zone in the United Arab Emirates with over 12,000 registered companies under license. According to the implementing regulations, a DMCC member company has to upload the auditor’s signed &amp; stamped Audited Financial Statements Summary Sheet and the Audited Financial Statements Report via a designated online service request on the member portal, then, to submit the original signed and stamped Audited Financial Statements Summary Sheet to the DMCC authority within 90 days after the end of each financial year. This rule is applicable to all DMCC companies including subsidiaries and branch companies&lt;br/&gt;&lt;a href=&quot;http://bit.ly/2mimX26&quot;&gt;http://bit.ly/2mimX26&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/2680704455989362061/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/03/dmcc-approved-auditor.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/2680704455989362061'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/2680704455989362061'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/03/dmcc-approved-auditor.html' title='DMCC Approved Auditor'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-3184358739165549479</id><published>2017-02-02T04:42:00.003-08:00</published><updated>2017-02-02T04:42:43.695-08:00</updated><title type='text'>Audit Firms Dubai</title><content type='html'>&lt;br/&gt;Audit Firms Dubai : Saif Chartered Accountants, member of SFAI Audit Firms Dubai : Saif Chartered Accountants assist our clients accomplish their goals by providing highest quality services in accounting, audit and related professional services. We ...&lt;br/&gt;&lt;a href=&quot;http://bit.ly/2kvBDMz&quot;&gt;http://bit.ly/2kvBDMz&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/3184358739165549479/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/02/audit-firms-dubai_2.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/3184358739165549479'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/3184358739165549479'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/02/audit-firms-dubai_2.html' title='Audit Firms Dubai'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-7599530909072172739</id><published>2017-02-02T04:42:00.001-08:00</published><updated>2017-02-02T04:42:36.964-08:00</updated><title type='text'>Audit Firms Dubai</title><content type='html'>&lt;br/&gt;Audit Firms Dubai : Saif Chartered Accountants, member of SFAI Audit Firms Dubai : Saif Chartered Accountants assist our clients accomplish their goals by providing highest quality services in accounting, audit and related professional services. We ...&lt;br/&gt;&lt;a href=&quot;http://bit.ly/2kvBDMz&quot;&gt;http://bit.ly/2kvBDMz&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/7599530909072172739/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/02/audit-firms-dubai.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/7599530909072172739'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/7599530909072172739'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/02/audit-firms-dubai.html' title='Audit Firms Dubai'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-7540391133951931698</id><published>2017-01-29T23:07:00.001-08:00</published><updated>2017-01-29T23:07:06.155-08:00</updated><title type='text'>FUJAIRAH FREEZONE AUDIT (FFZA)</title><content type='html'>&lt;img src=&#39;https://d5k6iufjynyu8.cloudfront.net/uploads/sanacl-1485759874-fj.png&#39;/&gt;&lt;br/&gt;Fujairah Free Zone is adjacent to the Port of Fujairah. Companies established here have easy access to all Arabian Gulf ports, the Red Sea, Iran, India and Pakistan on weekly feeder vessels. Mainline services arrive from Northern Europe, the Mediterranean, Far East and North America on a weekly basis, and services leave twice weekly to the Far East and once a week to North America. Fujairah Free Zone is also close to Fujairah International Airport which is the only airport serving the UAE East Coast as well as northern Oman.A fortunate combination of geographic location, with access to world’s major shipping routes, a fine port &amp; airport, and streamlined procedures, make the Free Zone of Fujairah an ideal place for business. Advantages : Multi-access to neighboring and global markets by land, sea and air ● Variety of investment fields. ● Investor-oriented policies ● Efficient and cost-effective investment facilitation ● Full investment security&lt;br/&gt;&lt;a href=&quot;http://bit.ly/2kJfYl2&quot;&gt;http://bit.ly/2kJfYl2&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/7540391133951931698/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/01/fujairah-freezone-audit-ffza.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/7540391133951931698'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/7540391133951931698'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/01/fujairah-freezone-audit-ffza.html' title='FUJAIRAH FREEZONE AUDIT (FFZA)'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-2138713979747667054</id><published>2017-01-03T04:13:00.001-08:00</published><updated>2017-01-03T04:13:17.091-08:00</updated><title type='text'>LLC Audit Dubai Sharjah Abudhabi</title><content type='html'>&lt;img src=&#39;https://d5k6iufjynyu8.cloudfront.net/uploads/sanacl-1483445392-LLcaudit.jpg&#39;/&gt;&lt;br/&gt;Limited Liability Company Audit Limited Liability Company is the most common and easy to establish form of partnership business. According to the rule for LLC company formation in Dubai and other six Emirates, it can be formed by a minimum of two and a maximum of fifty people whose liability shall be limited to their shares in the company’s capital. Furthermore, being a flexible form of company, differential profit sharing arrangement among the partners is also possible in an LLC. The company must have 51% participation for a UAE national while the rest 49% can remain with the investor(s). Hence, the formal shareholding pattern for an LLC is as follows: ● Local Partner (UAE sponsor) – 51% ● Foreign Shareholder(s) – 49% Moreover, either the UAE national or the foreign partner must be granted the authority of managing the operations of the organization. Capital requirement for a LLC company At present, the minimum capital requirement for a LLC company in UAE ....&lt;br/&gt;&lt;a href=&quot;http://bit.ly/2j0130C&quot;&gt;http://bit.ly/2j0130C&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/2138713979747667054/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2017/01/llc-audit-dubai-sharjah-abudhabi.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/2138713979747667054'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/2138713979747667054'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2017/01/llc-audit-dubai-sharjah-abudhabi.html' title='LLC Audit Dubai Sharjah Abudhabi'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-4655088364023305182</id><published>2016-12-18T04:35:00.003-08:00</published><updated>2016-12-18T04:35:17.917-08:00</updated><title type='text'>Approved Auditors DAFZA</title><content type='html'>&lt;br/&gt;Approved Auditors DAFZA ( Dubai Airport FreeZone) Approved Auditors DAFZA : As per the regulations, all companies (FZE &amp;amp; FZCO) registered in DAFZA have to conduct their annual audit of financial statements from the auditors which are ap...&lt;br/&gt;&lt;a href=&quot;http://bit.ly/2hIxbZM&quot;&gt;http://bit.ly/2hIxbZM&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/4655088364023305182/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2016/12/approved-auditors-dafza_18.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/4655088364023305182'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/4655088364023305182'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2016/12/approved-auditors-dafza_18.html' title='Approved Auditors DAFZA'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-93337959912461934</id><published>2016-12-18T04:35:00.001-08:00</published><updated>2016-12-18T04:35:11.115-08:00</updated><title type='text'>Approved Auditors DAFZA</title><content type='html'>&lt;br/&gt;Approved Auditors DAFZA ( Dubai Airport FreeZone) Approved Auditors DAFZA : As per the regulations, all companies (FZE &amp;amp; FZCO) registered in DAFZA have to conduct their annual audit of financial statements from the auditors which are ap...&lt;br/&gt;&lt;a href=&quot;http://bit.ly/2hIxbZM&quot;&gt;http://bit.ly/2hIxbZM&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/93337959912461934/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2016/12/approved-auditors-dafza.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/93337959912461934'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/93337959912461934'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2016/12/approved-auditors-dafza.html' title='Approved Auditors DAFZA'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-96783695585055879</id><published>2016-12-15T00:11:00.001-08:00</published><updated>2016-12-15T00:11:13.343-08:00</updated><title type='text'>Sharjah LLC Auditing and Accounting</title><content type='html'>&lt;br/&gt;SHARJAH AUDITORS: LLC COMPANY AUDIT SHARJAH&lt;br/&gt;&lt;a href=&quot;http://bit.ly/1GG8d3R&quot;&gt;http://bit.ly/1GG8d3R&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/96783695585055879/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2016/12/sharjah-llc-auditing-and-accounting.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/96783695585055879'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/96783695585055879'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2016/12/sharjah-llc-auditing-and-accounting.html' title='Sharjah LLC Auditing and Accounting'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-1542510671490687361</id><published>2016-11-21T01:40:00.001-08:00</published><updated>2016-11-21T01:40:18.698-08:00</updated><title type='text'>MEYDAN FREE ZONE – DUBAI, UAE</title><content type='html'>&lt;img src=&#39;https://d5k6iufjynyu8.cloudfront.net/uploads/sanacl-1479720838-logo.png&#39;/&gt;&lt;br/&gt;Meydan offers international free zone trading status with competitive start up costs for businesses locating to Dubai. Meydan Free Zone companies become part of a thriving, centrally located economic community with the best address in the region. Our flexible office spaces, business parks and bespoke commercial spaces are tailored to business whatever the scale MEYDAN FREE ZONE : SERVICES Registration of Free zone company Office Space Retail Space Residential Space Land Sales MEYDAN FREE ZONE Meydan is the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE, Prime Minster and Ruler of Dubai. It is the culmination of his vision to create not just the ultimate venue for horseracing, but an integrated city that is sustainable, environmentally responsible and one that positions Dubai at the centre of the competitive global business stage. Dedicated to the rich equestrian heritage of the region, and the passion of its ruler, Meydan host&lt;br/&gt;&lt;a href=&quot;http://bit.ly/2fTqJvr&quot;&gt;http://bit.ly/2fTqJvr&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/1542510671490687361/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2016/11/meydan-free-zone-dubai-uae.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/1542510671490687361'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/1542510671490687361'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2016/11/meydan-free-zone-dubai-uae.html' title='MEYDAN FREE ZONE – DUBAI, UAE'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-3127842758456686966.post-3331495583660379956</id><published>2016-11-16T04:48:00.001-08:00</published><updated>2016-11-16T04:48:25.320-08:00</updated><title type='text'>Abu Dhabi&#39;s landlords face intense pressure Rents for high-end homes are taking direct hits as tenants opt for affordable</title><content type='html'>&lt;img src=&#39;http://static.gulfnews.com/polopoly_fs/1.1257589!/image/3269039193.jpg_gen/derivatives/box_460346/3269039193.jpg&#39;/&gt;&lt;br/&gt;Dubai: Pressure is mounting on Abu Dhabi&#39;s landlords to scale back on their rental demands as tenants search for more affordable options. This is forcing rents at the top end of the market to soften, so much so that the gap between rates in Dubai and Abu Dhabi has narrowed considerably. If in Q1-16, the difference for one- and two-bedroom apartments between the two emirates was Dh20,000 per annum, this is now closer to Dh10,000, according to the latest Asteco report. In the mid-range residential segments, Abu Dhabi’s rates have scaled back by Dh5,000 on average, since Q1-16, whereas Dubai’s rates were down by Dh1,000. According to John Stevens, Managing Director of Asteco: “The ongoing redundancies across various industry sectors and the reduction of staff housing allowances continues to negatively affect demand with a number of tenants opting to downsize and/or move to more affordable developments.”&lt;br/&gt;&lt;a href=&quot;http://bit.ly/2fwDYEA&quot;&gt;http://bit.ly/2fwDYEA&lt;/a&gt;</content><link rel='replies' type='application/atom+xml' href='http://saifaudit.blogspot.com/feeds/3331495583660379956/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://saifaudit.blogspot.com/2016/11/abu-dhabis-landlords-face-intense.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/3331495583660379956'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/3127842758456686966/posts/default/3331495583660379956'/><link rel='alternate' type='text/html' href='http://saifaudit.blogspot.com/2016/11/abu-dhabis-landlords-face-intense.html' title='Abu Dhabi&#39;s landlords face intense pressure Rents for high-end homes are taking direct hits as tenants opt for affordable'/><author><name>SAIF CHARTERED ACCOUNTANTS</name><uri>http://www.blogger.com/profile/07644518059886988571</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ5ryyftWFZj_fSlHp28hdU_5ziAZvRHp7pprHXVFM2vOjPSf1pNOeAbpR68xiDce81vb7WqTGK1wpAfljOtaY0ilHJLbXjwLmtXXRyhTyRP9Ipg_zigQ3ImhQzN3e9Us/s220/80x80-logo.png'/></author><thr:total>0</thr:total></entry></feed>