Understanding Economic Substance Regulations (ESR) in the UAE: What Your Business Needs to Know

Economic Substance Regulations UAE

Introduction In recent years, the UAE has taken significant steps to align with international tax transparency standards. One such step is the introduction of Economic Substance Regulations (ESR) in 2019, in response to the UAE’s commitment to the OECD’s Base Erosion and Profit Shifting (BEPS) framework and the European Union’s (EU) tax good governance initiative. […]

Understanding Taxation in UAE

Understanding Taxation in UAE

Understanding Taxation in UAE: The UAE offers one of the most favorable tax environments globally, known for its absence of personal income tax, low customs duties, and overall tax efficiency. This pro-business environment has long attracted international investors and entrepreneurs. However, with the recent introduction of Corporate Tax, which applies a 9% rate to business […]

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 […]