We at RVG Chartered Accountants are leading the charge in assisting companies in comprehending and meeting these new tax requirements.
Latest Updates in UAE Accounting & Tax (2025)
- Corporate Tax Compliance Deadlines
Businesses whose fiscal year begins in June 2024 have been reminded by the UAE Ministry of Finance that they have nine months from the conclusion of the fiscal year to complete corporation tax registration and filing. AED 10,000 in fines may be imposed for noncompliance.
- Mandatory Record-Keeping
Companies must now keep thorough financial records, including supporting documentation for income, expenses, and tax returns, for a minimum of seven years. This holds true for both offshore and mainland entities as well as free zones.
- Small Business Relief Scheme
The FTA has implemented tax relief for companies with yearly income under AED 3 million as part of the UAE's efforts to assist SMEs; however, proper documentation and registration are still necessary to take advantage of this exemption.
Why Partner with RVG Chartered Accountants?
Businesses now require more than simply a bookkeeper due to constant regulatory changes. They require a reliable advisor.
RVG provides:
- Full Corporate Tax Registration & Filing Support
- VAT Returns, Amendments, and FTA Liaison
- Approved Audit Services in Free Zones & Mainland
- Accounting System Implementation & Advisory
- Free Consultation for new businesses or those switching firms
To provide you with proactive, current advice, we remain up to date on the rules set forth by the Ministry of Finance and the Federal Tax Authority (FTA).
Stay Compliant. Stay Ahead.
In addition to helping you stay in compliance, RVG, one of the top chartered accounting firms in Dubai, also assists you in prudent financial planning, risk mitigation, and confident growth.
Get your tax compliance in order now rather than waiting for a penalty notice.
Book a free consultation with our professionals right now.
Visit: www.rvguae.com