This guide is designed to provide general guidance to taxpayers on the taxation of foreign source income under the Corporate Tax Law.

Dubai accountancy firm Zyla Accountants, one of the leading cloud-based firms in the region, has announced a strategic partnership with Mouannes International Services (MIS) to provide a range of legal services that support business set-up, advisory on corporate structure, re-structuring through to mergers & acquisitions and several corporate related matters.

Those operating in commodities free zones will be very pleased with the latest corporate tax updates.

The taxation aspect of UAE free zones is back in the spotlight. New cabinet and ministerial decisions, repealing earlier decisions, are effective from June 1, 2023. It has introduced new concepts and clarified pertinent points.

In the Middle East, Dubai has become an enticing destination for entrepreneurs and investors looking to start businesses. Due to its strategic location, business-friendly environment, and progressive economic policies, it has become a hub for a variety of industries.

Zyla Accountants would like to wish our friend and client Naz Musa from the amazing Spartans Boxing Club the very best of luck with his forthcoming cycling challenge on the 4th to 10th November 2023 raising vital funds for Physically Active Youth.  

One of the common questions we receive as accountants in the UAE is "Which business bank do you recommend?"