Riyablogs

  VAT Return Filing in Dubai, UAE: Your Complete Business Compliance Guide Value Added Tax (VAT) has played a vital role in the UAE's tax framework since its implementation on January 1, 2018 , with a standard rate of 5% . For business owners in Dubai and across the UAE, understanding the VAT return filing process is crucial to ensure FTA compliance and avoid costly penalties. In this comprehensive guide, Proficient Accountants and Tax Solutions LLC outlines everything you need to know about VAT return filing in Dubai —including procedures, deadlines, compliance tips, and the advantages of professional tax support. What Is VAT Return Filing in Dubai? VAT return filing is a mandatory obligation for all businesses registered for VAT in the UAE. If your business generates an annual taxable turnover of more than AED 375,000 , VAT registration becomes compulsory. Once registered, you must regularly file VAT returns with the Federal Tax Authority (FTA) following UAE ta...

What is Backlog Accounting   What Is Backlog Accounting and Why Is It Crucial for Businesses in Dubai? Backlog accounting  refers to the process of recording financial transactions that were missed or not captured during previous accounting periods. This often includes overdue invoices, expenses, tax filings, bank reconciliations, and other financial data that were delayed or overlooked. For businesses in Dubai—especially SMEs and startups— backlog accounting  is essential for maintaining compliance with UAE tax laws and ensuring accurate financial records. Rapid business growth, limited internal resources, or a shortage of accounting expertise often cause delays in bookkeeping, which can lead to significant risks if left unaddressed.

  What Is Backlog Accounting? What Is Backlog Accounting? https://www.proficientuae.com/why-backlog-accounting-is-crucial-for-businesses-in-dubai

Company Formation in Dubai 

Company Formation In Dubai 2025 Ownership Or Setup Start Your Business in Dubai the Right Way with Proficient Accountants Dubai is a global business hub offering entrepreneurs unmatched tax benefits, a strategic location, and world-class infrastructure. With over 25 Free Trade Zones (FTZs), low operational costs, and pro-business policies, it’s no wonder Dubai attracts startups , SMEs, and multinational corporations alike. Whether you're a local investor or a foreign entrepreneur, understanding the different types of company setups and the registration process is crucial. At Proficient Accountants , we simplify the entire process—saving you time, money, and effort. Types of Company Structures in UAE 1. Free Zone Company (FZC/FZE) 100% foreign ownership   No customs duties   Tax exemptions   Ideal for export/import, consultancy, tech   2. Mainland Company (LLC) Operate anywhere in the UAE   Unlimited visa quotas   Access to government contracts   Now ...

 Corporate Tax Services In The UAE   As the UAE transitions to a formal corporate tax regime, businesses are navigating a dynamic regulatory landscape that demands strategic planning and compliance. Our Corporate Tax Services are designed to help you understand, prepare for, and comply with the UAE's evolving tax framework, while optimizing your tax position. Why Corporate Tax Matters in the UAE With the introduction of a 9% federal corporate tax effective from June 1, 2023, applicable to business profits exceeding AED 375,000, all UAE-based companies must assess their readiness and adapt their financial strategies accordingly. Proper tax planning can mitigate risks, uncover savings opportunities, and ensure ongoing compliance. Our Corporate Tax Solutions We offer end-to-end support tailored to your industry, size, and structure: Tax Advisory & Planning Strategic tax planning to align with UAE corporate tax laws while optimizing profitability and cash flow. C...