Discover how Zyla Accountants in Dubai is redefining accounting services with precision, transparency, and strategic insight to help businesses thrive in the UAE.

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.

At Zyla Accountants, we understand the dreams and ambitions of entrepreneurs, start-ups, and business owners. If you are based in India or the UK, you may be among the growing number of business leaders considering the UAE as a new base for operations or asset relocation.

The UAE Ministry of Finance has introduced a significant update to the corporate tax framework by offering unincorporated partnerships the choice to be treated as taxable entities under federal tax law. This change is designed to reinforce the principle of tax neutrality and align the UAE’s tax regime with international standards.

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.

In a transformative move that puts artificial intelligence at the core of urban living, Abu Dhabi is set to unveil the world’s first fully cognitive AI city — Aion Sentia — by 2027. Unlike traditional “smart cities”, Aion Sentia will harness the power of AI to actively learn from and adapt to its residents’ behaviours, creating an intuitive and personalised urban experience.