By offering a favorable tax environment for entities operating within designated free zones, the UAE's free zone specific corporate tax rules aim to stimulate economic growth. By offering a 0% tax rate on qualifying income, the rules provide a significant advantage.

Are you interested in switching accountants? Here, we show you how straightforward it can be. It is often easier than you think.  

If you've been venturing into entrepreneurship for some time, your dream business is finally taking shape, and you're ready to enter the corporate world, what next? Are you sure that you have checked all the necessary boxes before registering for corporate tax?

With the EmaraTax app from the Federal Tax Authority, you can access up to 15 corporate tax services, including registering for the tax. In addition to updating registration data, de-registering, managing accounts, and updating banking information, users can also use it to change their registration information.

According to the FTA, the guide explains and provides instructions for natural persons making income in the UAE in a "comprehensive and simplified" manner.

Dubai accountancy firm Zyla Accountants, one of the leading cloud-based firms in the region, has announced a strategic partnership with Mouannes International Services (MIS) to provide a range of legal services that support business set-up, advisory on corporate structure, re-structuring through to mergers & acquisitions and several corporate related matters.