The UAE continues to reinforce the economic ties signing important double tax treaties, the recent one involving South Africa. The double tax convention between the UAE and South Africa was settled in 2015 and renewed in November 2016.
The UAE signed important double taxation agreements with countries worldwide to attract foreign investments by offering reduced taxes and avoiding the double taxation.
The double taxation treaty between the UAE and Netherlands was signed in 2007 and then reviewed three years later. Such agreement was meant to eliminate the fiscal evasion by avoiding the double taxation on incomes.
To strengthen the mutual economic collaboration and to reduce certain taxes, the UAE and Ireland agreed on a double taxation treaty in 2010. The same convention offers numerous measures to attract foreign investors.
For a fruitful economic collaboration, the UAE and India have signed a double taxation agreement in 1993, an important treaty which encountered a few improvements until 2017.
The UAE – Italy double taxation agreement was meant to avoid the fiscal evasion and to protect the taxation on incomes. Other important taxes are covered by the double tax treaty between the UAE and Italy.
The financial data of a company in Dubai will influence any decision on a managerial level, which is why correct financial reporting services with periodically legal reports must be considered as part of the business.
The management accounting services are financial and non-financial procedures which are reported to the board of executives of a company. Tax, managerial and financial accounting in Dubai are among these services.
Data analysis, corporate reporting, data consolidations, and collection are among the most important reporting services an accounting firm in Dubai can provide for your company, no matter if it’s a small enterprise or a large one.
With an attractive business environment and a great taxation regime, UAE is considered the proper place to start numerous activities, open companies or to simply make investments.