By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Arabian NewsThe Arabian NewsThe Arabian News
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Reading: Corporate Tax Specialist Highlights Need for Correct Financial Records
Share
The Arabian NewsThe Arabian News
  • Politics
  • Pursuits
  • Business
  • Technology
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
alt="Corporate Tax Specialist Highlights Need for Correct Financial Records"
The Arabian News > Economics > Corporate Tax Specialist Highlights Need for Correct Financial Records
Economics

Corporate Tax Specialist Highlights Need for Correct Financial Records

admin
SHARE

With the UAE’s corporate tax regime changing, financial specialist Alia Noor has highlighted the need for businesses to have correct financial records in order to be compliant with tax laws. At a recent industry conference, Noor gave an extensive overview of the nation’s changing tax environment and its impact on businesses.

With the UAE enforcing a 9% corporate tax, businesses have to embracing good documentation practices in order not to incur penalties and maintain transparency. Noor underscored that accurate bookkeeping, record of transactions, and tax reports are fundamental for firms to remain compliant and maximize tax planning.

She further added that most companies, especially SMEs and start-ups, underplay the value of organized financial records, which may result in errors, audits, or even tax exposure. Businesses are encouraged to obtain professional tax guidance to handle the intricacies of corporate taxation effectively.

As the UAE keeps fine-tuning its taxation policies, Noor urged companies to keep abreast of regulatory updates, adopt digital tax solutions, and make sure that all financial transactions are carefully documented. Accurate tax documentation will not only guarantee compliance but also assist companies in streamlining operations and financial planning in the future.

 

You Might Also Like

Dubai’s Ultra-Luxury Villa Leased for Dh8.5 Million, Reflecting Growing Demand for Premium Properties

Dubai Taxi Company Receives 13% Revenue Boost and Expands Fleet to 5,660 Vehicles

Dubai’s Smart Kiosks: Get Your Driver’s Licence or Car Registration Anytime

Crypto Kidnapping Crackdown: France Arrests 5 in Violent Bitcoin Extortion Scheme

What You Could Miss by Bypassing an IPO and Why It’s Not Necessarily a Loss

TAGGED:Corporate Tax Specialist Highlights Correct Financial Records
Share This Article
Facebook Twitter Email Print
Previous Article alt="Fan Removed from Emma Raducanu's Match at Dubai Tennis Championships" Fan Removed from Emma Raducanu’s Match at Dubai Tennis Championships
Next Article alt="Dubai’s DEWA Announces Plans for New Solar Plant" Dubai’s DEWA Announces Plans for New Solar Plant

Popular News

Recent News

  • Five Student Deaths at IIT Kharagpur in 2025: Another Tragedy
  • Solano, a Newcastle legend, assumes leadership as Pakistan’s football coach
  • UAE Issues Weather Alert: Rain, Wind, and Cooler Days Ahead
  • KHDA Summer Programmes Empower Students, Align with #DubaiDestinations Vision
  • Pakistan Launches Green Transit Drive, Lahore’s First Trackless Metro
The Arabian News

Quick Links

  • Home
  • Business
  • Real Estate
  • Contact

Featured Categories

  • Real Estate
  • Wellness
  • Politics
  • Economics

Find Us on Socials

© 2024 The Arabian News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?