• Blog
    01 Jul

    WE ARE NOW APPROVED AUDITORS FOR DIFC.

    The Dubai International Financial Centre (DIFC), a globally recognized financial free zone in Dubai, has mandated that the companies operating within the free zone are required to get their books of accounts audited by registered and approved auditors in DIFC. Companies operating within DIFC should maintain their book of accounts and exhibit an accurate picture of the financial position. Auditors in Dubai international finance center ensure proper maintenance of account books and ensure that

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  • Blog
    16 Jun

    DMCC EXTENDED THE AFS DEADLINE TO 29 JUNE 2021

    DMCC Audit deadline 2021: Under DMCC Company Regulations Article  71.3, advised that within six (6) months after the end of the financial year of the Company, the accounts for the period must be: •  Prepared and approved by the Directors; •  Examined and reported on by an auditor approved by DMCCA; •  Laid before a General Meeting for discussion and, if thought fit, approved by its  Shareholders together with a copy of the

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  • Blog
    10 Jun

    DISCOUNT UP TO 70% ON PENALTIES FOR TAX LAWS.

    UAE: AMENDMENT OF ADMINISTRATIVE PENALTIES IMPOSED FOR VIOLATION OF TAX LAWS AND REDUCTION OF PREVIOUSLY IMPOSED PENALTIES IN BRIEF On 28 April 2021, the UAE Cabinet of Ministers issued Resolution No. 49/2021 to amend the provisions of Cabinet Resolution No. 40/2017 relating to administrative penalties imposed for violation of Tax Laws in the UAE. The new resolution grants the UAE Federal Tax Authority (“FTA”) the right to reduce previously unpaid administrative

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