FAR Consulting Middle East

31/07/2025

How are Resident Persons in the Context of Tax Groups?
Under the UAE Corporate Tax Law, a resident person refers to any individual or entity that meets the residency criteria stipulated therein.

Discover how resident persons are defined and treated within tax groups under the UAE Corporate Tax Law. Learn eligibility criteria, obligations, and benefits of forming tax groups with resident entities.

24/07/2025

Auditing Cash Flow and Accounts Receivable in UAE
your cash flow and accounts receivable is an essential step in maintaining the financial health and compliance of your business with UAE laws. As the moves towards greater transparency and stricter regulations, particularly with regard to financial reporting rules and anti-money laundering regulations, it becomes increasingly important to have an excellent audit of cash flow and receivables.

Auditing your cash flow and accounts receivable is an essential step in maintaining the financial health and compliance of your business with UAE laws.

21/07/2025

AI Auditing in the UAE
Artificial intelligence (AI) is a new game changer for almost all businesses in the UAE. In banking, healthcare, real estate, and transport, is helping businesses make better decisions and faster processes while analyzing future trends. As the moves forward with digital transformation, the use of AI across most sectors is also increasing.

AI auditing represents the systematic examination of AI systems to validate their accuracy and fairness as well as their compliance with legal standards.

10/07/2025

Pension and Social Security Contributions in UAE -

The Pension and Social Security Contributions scheme is a significant initiative by the government of the United Arab Emirates (UAE). It is managed by the General Pension and Social Security Authority (GPSSA) under the new Federal Decree Law No. 57 of 2023 on Pension and Social Security.

The Pension and Social Security Contributions scheme is a significant initiative by the government of the United Arab Emirates (UAE).

04/07/2025

Payroll Taxes in the UAE : A Complete Guide

If you are a business owner in the UAE, then understanding payroll taxes and employer obligations is very crucial. While the UAE does not impose income tax on salaries, certain rules apply to companies in respect of employees. This includes contributions to social security, end-of-service gratuity, and the use of the Wages Protection System (WPS). This article outlines everything employers should know about payroll taxes in UAE, their obligations, and how FAR Consulting Middle East will help with full compliance with the updated laws and practices.
Read more : https://www.farahatco.net/blog/payroll-taxes-in-the-uae-a-complete-guide/

30/06/2025

Top 10 Audit Firms in Dubai
is known as a globally recognized business center that values accuracy and transparency in financial records. For businesses to succeed here, it is important to work with the top audit firms in Dubai. This ensures accurate financial records and builds trust with confidence among shareholders.

According to the Commercial Companies Law (Federal Law No. 32 of 2021), every Joint Stock Company and limited liability company must carry out an annual audit of its accounts with the help of an auditor. Choosing the right will result in a company losing its financial health and legal compliance.

The article gives the top 10 audit firms in Dubai, and why these firms stand out above others in terms of service, expertise, and compliance with UAE regulations.

23/06/2025

DMCC Audit Deadline 2025 in UAE
This article discusses the DMCC audit requirements, such as deadlines and submission methods, documentation required, and how approved auditors like FAR Consulting Middle East. will assist your firm in fulfilling these needs.

With the DMCC audit deadline for the 2025 year fast approaching, companies need to find out what needs to be done.

09/06/2025

Guide on Corporate Tax in UAE on Oil and Gas Industries
In the UAE, special provisions exist for the oil and gas industry, offering specific exemptions from , along with the criteria that must be met to qualify for such exemptions. This article details a thorough overview of the UAE Corporate Tax, particularly in relation to the oil and gas sector.

Explore the impact of corporate tax regulations on the UAE’s oil and gas industries. Learn about compliance, tax rates, and implications for businesses operating in the energy sector.

19/05/2025

What Are the Key Ownership Requirements for Forming a Tax Group?
A tax group enables two or more entities to be constituted under one corporate framework for corporate tax purposes. This article discusses the criteria for the formation and existence of tax groups as per the tax.

This article discusses the criterion for the formation and existence of tax groups as per the UAE corporate tax.

17/04/2025

HOW TO SET UP A CRYPTO BUSINESS IN UAE

03/04/2025

How do you apply for corporate tax exemption in UAE?
The was introduced in June 2023 in line with international tax policies. Certain entities qualify for corporate tax exemption if they meet the exemption criterion, as provided by the Federal Tax Authority. This article details the entities that qualify for corporate tax exemption in .

Identified your business eligibility based on Federal Decree Law 47 of 2022. Some exemption required certain conditions to satisfy.

28/03/2025

How To Submit a Complaint to the Federal Tax Authority
The Federal Tax Authority (FTA) in the receives complaints and requests for clarification from both individuals and businesses. Regardless of the nature of your concern, the values all inquiries and feedback. As a result, the authority conducts investigations to address concerns effectively and ensures that feedback is properly considered, fostering transparency and open communication between the FTA and taxpayers.
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The Federal Tax Authority (FTA) in the UAE receives complaints and requests for clarification from both individuals and businesses.