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Showing posts from May, 2024

Importance of Corporate Tax Planning for A Business in Dubai, UAE

Corporatetax planning is the arrangement of the financial activities in such a way that maximum tax benefits are enjoyed by making use of all beneficial provisions in the tax laws. It also entitles the assesses toavail certain rebates,exemptions,deductions and reliefs so as to minimize his tax liability. Objectives of Corporate Tax Planning   ü   Tax planning is a channelization of taxable income to different investment plans. ü   It involves generating white money that flows freely and results in the sound progress of the economy. ü   A proper tax planning aims at conforming provisions of the tax laws.   Need for Corporate Tax Planning There are benefits of corporate tax planning for both large and small businesses and its planning plays an important role in: ·          Reducing the tax rates ·          Lowering the amount of taxable income ·   ...

Which company provides the best business setup and formation services in Dubai, UAE?

Dubai has emerged as a global business hub, offering a strategic location, favorable economic policies, and a business-friendly environment. Setting up a businessin Dubai can be a rewarding endeavor, but it's essential to understand the process and requirements to ensure a smooth establishment. We will provide you with a step-by-step guide on how to set up a business in Dubai.   Choose the Business Activity: The first step is to determine the type of business activity you want to engage in. Dubai offers several business sectors, including trade, manufacturing, services, and more. Research the market demand and legal regulations related to your chosen activity, but may be you need more information so you can discuss with any Business Setup Consultant in UAE .   Select the Business Structure: Dubai offers various business structures, such as Free Zone Company, Mainland Company, and Offshore Company. Each structure has its own regulations and benefits. Consider facto...