Opening a Business Bank Account in the UAE
Business Bank Account in UAE: After securing a trade license, the next vital step is opening a corporate bank account. This account is essential for managing daily business operations, separating personal and business finances, and ensuring smooth cash flow management. It enables you to receive and make payments in multiple currencies, enhances your company’s credibility […]
Starting a Business in the UAE: A Complete Guide
Starting business in UAE: is an exciting opportunity thanks to its low-tax environment, pro-business regulations, and world-class infrastructure. Whether you’re looking to set up in a Free Zone, Mainland, or Offshore jurisdiction, the process requires careful planning, legal compliance, and market research. Benefits of Establishing a Business in the UAE: Choosing the Right Jurisdiction: Mainland: […]
Corporate Tax Late Registration Penalty Waiver: Are You Eligible?
In an effort to support businesses and encourage compliance, the UAE Federal Tax Authority (FTA) has introduced a penalty waiver scheme for those who have incurred or are at risk of incurring a late corporate tax registration fine. If you’re a business that missed the registration deadline — you may still have a chance to […]
Corporate Tax in the UAE: Don’t Miss the Deadline – Let The Capital Zone Handle It All
The UAE has introduced Corporate Tax as part of its ongoing efforts to enhance transparency and align with global tax standards. While this is a significant change for businesses, staying compliant doesn’t have to be stressful. The deadline is fast approaching, and non-compliance can result in severe penalties, audits, and reputational damage. That’s where The […]
Offshore Company Formation
Introduction We are pleased to present our proposal for Offshore Company Formation in the UAE. Offshore companies provide international investors with a tax-efficient, secure, and confidential corporate structure for global trade, asset holding, and investment management. Recommended Jurisdictions and Services 1. RAK ICC Offshore Company Formation Estimated Cost: AED 7,500 – 9,500Time Frame: 3–5 working […]
Corporate Tax in the UAE—What Businesses Need to Know
The UAE has long been known for its business-friendly tax environment. But with the recent introduction of corporate tax, businesses must adapt to new compliance and planning requirements. Here’s what you need to know. What is Corporate Tax? Corporate tax is a direct tax imposed on the net income or profit of corporations and other […]
Why Backlog Accounting is Essential for Your Business in the UAE
In the fast-paced world of business, it’s easy for financial records to fall behind—especially when your focus is on growth and operations. But ignoring backlog accounting can have significant consequences, from compliance risks to missed opportunities. Here’s why addressing your backlog is not just a good idea it’s crucial. Why Backlog Accounting Matters: Compliance and […]
Company Liquidation Services UAE: End Your Business the Right Way with The Capital Zone
Shutting down a business in the UAE involves more than just closing the doors—it requires strict compliance with legal, tax, and regulatory procedures. Whether you’re winding up a mainland or free zone company, The Capital Zone provides expert support throughout the company liquidation process, ensuring a smooth, compliant, and stress-free exit. We help you avoid […]
The Importance of Backlog Accounting in Corporate Tax
In the fast-paced world of business, many companies focus on day-to-day operations, client deliverables, and growth targets. Unfortunately, one area that often gets pushed to the back burner is bookkeeping, particularly the handling of backlog accounting. Yet when it comes to corporate tax, this can be a costly oversight. At The Capital Zone, we’ve seen […]
Big Relief for UAE Businesses: MoF and FTA Waive Corporate Tax Registration Penalties
In a significant move to support businesses and enhance compliance, the UAE Ministry of Finance (MoF) and the Federal Tax Authority (FTA) have launched a game-changing initiative: the waiver of late registration penalties under the newly implemented Corporate Tax Law. This bold step comes as a major relief for companies and exempt persons who missed […]