Factors to Consider When Doing Taxes in UAE
UAE has been among the few countries in the world whose accounting and tax compliance is less complex, but with the planned VAT introduction in 2018, accounting complexities are bound to arise. Here are some of the things entrepreneurs should watch out for when doing taxes in UAE:
Don’t do it alone
Entrepreneurs take pride in managing every aspect of their business. But when it comes to taxes, you should definitely look for professional help to avoid unnecessary penalties.
Keep your accounts separate
This is a challenge