In a key update shared in May, the Federal Tax Authority (FTA) announced that penalties for late corporate tax registration will be automatically waived or refunded, provided the business submits its tax return within seven months from the end of its first tax period.

We’re delighted to share that Zyla Accountants is now an official Wafeq partner. This means we’re not only supporting businesses here in the UAE but are also equipped to help our clients expand into the Kingdom of Saudi Arabia (KSA) — one of the region’s most dynamic markets.

One of the world’s largest premium hotel brands and a thought-leader in the blended travel space, Crowne Plaza by IHG – has released its second white paper, Leading the Charge in Blended Travel.

The UAE’s Federal Tax Authority (FTA) has reiterated the importance of submitting Corporate Tax registration applications by the end of March 2025 for all individuals and businesses subject to the tax.

Starting a business is exhilarating, but one of the toughest challenges is securing those first few clients. When you're a new and unknown entity, why would anyone take a chance on you? Thankfully, businesses and individuals willing to work with fresh startups do exist—but finding them can be a daunting task.

A guide produced by the United Arab Emirates’ Federal Tax Authority provides a practical resource for taxpayers but also reveals the large volume of data required for businesses to accurately complete a corporate tax return.