Learn about the learn about the requirements for transferring wrongly paid amounts to the correct registration numbers. Transferring wrongly paid amounts : A letter of no objection signed by the authorised signatory who received the amount paid by mistake, on the company letterhead, with the following details: Explanation of the scenario on a company letterhead, a request for
2021 DMCC Audit deadline : DMCC extended the Audited Financial Statement deadline to 29/06/2021 (29th June 2021) DMCC Audit deadline 2021: Under DMCC Company Regulations Article 71.3, advised that within six (6) months after the top of the fiscal year of the corporate, the accounts for the amount must be: Prepared and approved by the Directors; examined and reported on by
List Of Activities Available For 100% Foreign Ownership in UAE : As per the new commercial companies law that will come into effect from June 1, 2021, investors can have 100% ownership. UAE allows 100 ownership of the mainland company. Moreover, the prevailing companies also can change their status to suits the new commercial companies’ law. The new laws will change the
Bad Debts Adjustment in UAE VAT- FTA Clarification March 2021. This Public clarification discusses the conditions which must be met in order to benefit from the Bad Debt relief scheme
DMCC auditors 2021 DMCC approved Auditors list (updated). Saif Chartered Accountants Dubai approved auditors by DMCCA as per the Approved auditors rule.
UAE VAT Deregistration Penalty: How to Cancel VAT Registration UAE VAT Deregistration Penalty: Deregistration of VAT in the UAE means business in UAE cancels its VAT registration with the Federal Tax Authority (FTA). It means de-activation of the registration and the VAT number of the taxable person. Tax de-registration can be applied for by a