The financial services industry is undergoing a profound transformation, driven by advancements in artificial intelligence (AI) and blockchain technology. These innovations are not just enhancing efficiencies—they are fundamentally changing how businesses manage operations, ensure compliance, and secure financial transactions. At […]
The implementation of corporate tax in the UAE is seen as a significant move towards enhancing financial accountability in the SME sector. This tax, set at a competitive rate of 9%, is expected to bring several benefits to businesses, especially […]
In a rapidly growing business world of the United Arab Emirates (UAE), keeping accurate financial records is essential for success. Effective financial management helps businesses follow local laws and understand their financial situation, making it easier to make smart decisions. […]
Environmental, Social, and Governance (ESG) criteria are increasingly recognized as essential components of responsible business practices globally. They reflect a company’s commitment to sustainable and ethical operations, addressing environmental stewardship, social responsibility, and governance standards. In the Middle East, particularly […]
The United Arab Emirates (UAE) has long been recognized as a global business hub, attracting entrepreneurs and multinational corporations with its favorable tax environment and strategic location. At Atmar, we are committed to guiding businesses for a seamless navigation of […]
Sustainable financial reporting is becoming increasingly important worldwide, and the UAE is making notable progress in integrating these practices into its financial sector. This article discusses sustainable financial reporting in the UAE, focusing on regulatory frameworks, principles, and initiatives that […]
Introduction: ATMAR Dubai Accountant Firm recognizes the importance of early planning and preparation for businesses in the UAE regarding corporate tax (CT). As businesses face new challenges related to processes, IT, human resources, and legal structures, it is crucial to […]
Starting in June 2023, the UAE government will impose a corporation tax on businesses, with a 9% tax rate applied to companies making more than Dh 375,000 in profit annually. All companies and people operating under a commercial license in […]
The Real Estate sector in the UAE has a vital role in the UAE economy. After the pronouncement of the UAE CT law in 2022, real estate players are keen to get insight into the possible impact on their business […]
Corporate tax or corporation tax was formally introduced in the UAE via Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses dated on 09 December 2022. The introduction and implementation of a Federal Corporate Tax (“Corporate […]
