Author: Omar Haddad

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Omar Haddad

Omar Haddad

Omar Haddad is a tax audit advisor who assists businesses during FTA tax and VAT audits, from document preparation to responding to information requests.

VAT in UAE Accounting: How VAT Affects Accounting Practices in the UAE

VAT in UAE accounting has significantly transformed how businesses manage their financial records, tax compliance, and reporting processes. Since the United Arab Emirates introduced Value Added Tax (VAT) in January 2018 at a standard rate of 5%, companies across different sectors have had to adjust their accounting systems to meet regulatory requirements. VAT has introduced …

VAT in UAE Accounting Tax News

Top Challenges SMEs Face in 2026: Strategies for Growth and Survival

Challenges SMEs Face in 2026 have become more complex as the global business environment evolves rapidly. Small and Medium Enterprises (SMEs) are the backbone of most economies, contributing significantly to employment generation, innovation, and economic growth. However, in 2026, SMEs must navigate a landscape shaped by digital transformation, economic uncertainty, regulatory changes, and rising competition. …

Challenges SMEs Face in 2026 Tax News

Role of an Auditor in Financial Reporting

The role of an Auditor in Financial Reporting is one of the most critical aspects of maintaining transparency, reliability, and accountability in the financial world. Businesses rely on financial statements to communicate their financial health to investors, regulators, lenders, and stakeholders. However, the credibility of these financial statements depends largely on whether they have been …

Role of an Auditor in Financial Reporting Tax News

Tax Registration Number In The UAE : All You Need To Know For 2026

Tax Registration Number in the UAE Tax Registration Number in the UAE is your business's unique 15-digit identifier for all tax dealings with the Federal Tax Authority (FTA), mandatory on every VAT invoice, corporate tax return, and official document starting from your first compliance step. In 2026, with e-invoicing rollout and stricter penalties under Federal …

Tax Registration Number

Corporate Tax Expert : Why Every Growing Business Needs in 2026

Corporate Tax Expert guidance has never been more critical for UAE businesses scaling in 2026, with Federal Decree-Laws No. 16/2025 (VAT) and No. 17/2025 (Tax Procedures) introducing tighter refunds, cumulative penalties, and procedural shifts while keeping the 9% rate intact on income over AED 375,000. UAE Corporate Tax Landscape in 2026 The UAE corporate tax …

Corporate Tax Expert

VAT Refund Services UAE 2026: Who Can Claim & How to Apply Successfully

VAT Refund Services UAE 2026 are becoming increasingly important for businesses, tourists, and specific eligible entities operating in the United Arab Emirates. Since the introduction of VAT in the UAE in 2018, compliance and refund procedures have evolved significantly. As we move into 2026, understanding who qualifies for VAT refunds and how the application process …

VAT Refund Services UAE 2026 Tax News

Accounting Services in Dubai for Construction Companies: The Ultimate Guide for UAE Builders

Accounting Services in Dubai for Construction are more than just bookkeeping support for construction companies in the UAE; they are the backbone of financial stability, regulatory compliance, and sustainable growth. The construction industry in the UAE is one of the most dynamic sectors, contributing significantly to the country’s GDP. From mega infrastructure developments to residential …

Accounting Services in Dubai for Construction Tax News

FTA 2026 Audit Priorities: Key Sectors and Transactions Under Scrutiny

FTA 2026 Audit Priorities are shaping the compliance landscape for businesses across the UAE, sending a clear signal that regulatory oversight is intensifying. As tax systems evolve and digital reporting becomes more sophisticated, the focus of the Federal Tax Authority is becoming more targeted and data driven. Companies operating in the United Arab Emirates must …

FTA 2026 Audit Priorities Tax News

UAE SME Accounting Software Comparison 2026: Zoho vs QuickBooks vs Xero

UAE SME Accounting Software Comparison 2026 is more relevant than ever as small and medium-sized enterprises across the Emirates continue to embrace digital transformation. With VAT regulations firmly established and corporate tax now part of the business landscape, choosing the right accounting software is no longer optional it is essential. For UAE SMEs, accounting software …

UAE SME Accounting Software Tax News

Corporate Tax Year-End Adjustments: Inventory Valuation and Bad Debt Write-Offs Explained

Corporate Tax Year-End Adjustments play a critical role in ensuring businesses close their financial year accurately while optimizing tax outcomes. As companies approach the end of the financial year, accounting teams focus on aligning financial records with tax regulations. Among the most significant adjustments are inventory valuation and bad debt write-offs. These two areas can …

Corporate Tax Year-End Tax News

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