Trade License Renewal Cost in the UAE: What Businesses Actually Pay Each Year
Quick answer: Quick answer: Mainland trade license renewal in Dubai typically costs AED 8,000 to 15,000 a year once all the components are added up. Free zone renewals range from about AED 6,000 to over AED 35,000 depending on the authority. Late renewal in Dubai is fined at roughly AED 250 per month, and trading […]
End-of-Service Gratuity Accounting in the UAE: How to Record It Correctly
Quick answer: End-of-service gratuity in the UAE isn’t just an HR calculation, it’s a long-term employee benefit under IAS 19, meaning it needs to be expensed progressively every month an employee works for you, not booked as a single shock cost when they eventually leave. Most UAE SMEs use a simplified straight-line provision, while larger […]
UAE R&D Tax Credit 2026: What Qualifies and How to Claim It
Quick answer: The UAE’s new R&D Tax Credit, introduced under Cabinet Decision No. 215 of 2025 and Ministerial Decision No. 24 of 2026, offers businesses a credit of up to 50% on qualifying research and development expenditure, applied against Corporate Tax and Pillar Two Top-up Tax liabilities. It’s effective for tax periods starting on or […]