Blogs

Stay updated with the latest industry trends, tax regulations, and financial tips to optimize your business. Explore in-depth articles, guides, and advice from seasoned professionals to help you navigate the complexities of accounting and taxation

Don’t Let These 6 Free Zone Tax Myths Cost You – UAE Corporate Tax Explained

Many entrepreneurs in the UAE choose to set up their business in free zones because of the perceived tax advantages. However, there's a growing misconception that all free zone companies…

How to Get a Gold Trading License in Dubai: A Complete Guide by Forever Rich

Dubai, famously known as the City of Gold, stands as one of the world's most prestigious hubs for gold trading. Its strategic location, investor-friendly policies, and world-class infrastructure have made…

Choose Forever Rich for Reliable Accounting Services in Dubai

When businesses in Dubai need reliable and efficient financial support, they turn to Forever Rich, an outstanding accounting service provider in Dubai. Our Dubai accounting service is designed to meet the…

Dubai’s Economic Surge in 2024: AED 339.4 Billion GDP Achieved in First 9 Months!

Dubai’s economy continues to defy global headwinds. In the first nine months of 2024, Dubai recorded a GDP of AED 339.4 billion, marking a 3.1% year-on-year growth — a testament…

Maximize Your Financial Potential with Forever Rich’s Tax Accounting Firm Services

For businesses in Dubai, managing taxes and finances efficiently is essential for sustainable growth. Forever Rich offers expert tax accounting firm services that provide businesses with comprehensive financial support. Our accounting…

UAE Strengthens Corporate Tax System to Drive Sustainable Economic Growth

The United Arab Emirates (UAE) is rapidly advancing its tax infrastructure to support national development and ensure compliance with international best practices. In the first quarter of 2025, H.H. Sheikh…

Why Start a Travel Agency in Dubai?

Start a Travel Agency in Dubai Dubai is one of the world’s top tourist destinations, and the travel and tourism industry in Dubai continues to grow rapidly, contributing significantly to…

Seven Essential Steps for Corporate Compliance and Financial Management in Dubai

Corporate compliance Dubai Corporate compliance Dubai Effective financial management and corporate compliance are vital for businesses in Dubai to thrive. Adhering to UAE regulations, optimizing finances, and minimizing legal risks…

Why Dubai is the Best Choice for Expanding Your Business Overseas

Start a Business in dubai | Forever rich Are you considering expanding your business internationally but still unsure where to set up shop? Look no further—Dubai is the ultimate destination…

How to Get a Real Estate Agent License in Dubai

Real Estate License in Dubai:- Dubai's real estate market is thriving in 2025, offering lucrative opportunities for those looking to build a successful career in property sales. If you’re considering…

Do Individuals Also Need to Register for Corporate Tax?

Corporate Tax Registration UAE Corporate Tax Registration UAE: FOREVER RICH Deadline: March 31, 2025 – Avoid Fines! The UAE Corporate Tax (CT) system has been in place for nearly two…

How to Start an App Development Company in Dubai

App development company Dubai | Business Setup Did you know that 99% of UAE residents use mobile apps daily? Dubai’s fast-growing digital economy offers a massive opportunity for entrepreneurs looking…

The UAE Federal Tax Authority Strengthens Compliance Measures with 93,000 Inspections in 2024

Tax compliance in UAE Enhancing Tax Compliance Through Digital Technologies The Federal Tax Authority (FTA) of the UAE has intensified its regulatory measures in 2024, conducting a record-breaking 93,000 field…

How to Start a Private Equity Firm in Dubai

start a private equity firm in Dubai Dubai's private equity market has seen tremendous growth, expanding. This vibrant market presents incredible opportunities for entrepreneurs looking to launch a private equity…

How to Avoid VAT Penalties

How to Avoid VAT Penalties Stay Compliant & Avoid VAT Penalties with Our Expert VAT Compliance Review VAT laws in the UAE are constantly evolving, making it challenging for businesses…

Optimize Business Success with Expert PRO Services Dubai UAE

Navigating the business landscape in Dubai requires more than just investment—it demands strict compliance with UAE legal frameworks and efficient document processing. Without the right support, these procedures can slow…

Navigating Business Growth with Company Setup Service Dubai

Expanding into Dubai’s thriving market requires strategic planning and expert guidance. Businesses looking to establish themselves benefit from professional company setup service in Dubai solutions that streamline the process and…

Seizing Opportunities: Company Setup in Dubai and UAE with Forever Rich

xpanding into the UAE market is a strategic move for businesses worldwide. Company setup in Dubai and company formation in UAE offer access to a booming economy, significant tax advantages,…

Optimize Your Business Growth with Audit Services UAE and Company Setup in Dubai

Starting and running a successful business in the UAE requires financial transparency and regulatory compliance. That’s why audit services UAE are crucial in ensuring businesses operate efficiently while meeting legal…

Transform Your Business with Trusted Dubai Audit Services by Forever Rich

For businesses in Dubai, choosing reliable Dubai audit services is a crucial step toward ensuring transparency, regulatory compliance, and operational efficiency. Forever Rich Accounting & Tax Services stands out as…

Unlocking Business Growth with Reliable Audit Services in Dubai by Forever Rich

When businesses in Dubai seek reliable audit services in Dubai, they turn to Forever Rich Accounting & Tax Services for expert support. As one of the leading auditing firms in…

Expert Corporate Tax Advisory and Preparation Services by Forever Rich

When it comes to managing corporate tax advisory services in Dubai, Forever Rich Accounting and Tax Services offers businesses the expert support they need to stay compliant and financially efficient.…

Comprehensive Corporate Tax Services in UAE by Forever Rich Accounting & Tax Services

When it comes to managing your corporate tax service needs in the UAE, Forever Rich Accounting & Tax Services is the trusted partner for businesses seeking expert advice and effective…

Expert Corporate Tax Consultant Services in Dubai

When it comes to reliable corporate tax consultant services in Dubai, Forever Rich Accounting & Tax Services stands out as the ideal partner for businesses looking to optimize tax strategies,…

Forever Rich:A Reliable Name of Tax Agent Services in Dubai

For businesses operating in the UAE, selecting the right tax agent in UAE is crucial to ensure smooth financial operations, full compliance with UAE tax laws, and long-term business success.…

Looking for Expert Corporate Tax Consultant Services in Dubai?

Looking for a reliable and expert corporate tax consultant in Dubai? Forever Rich Accounting & Tax Services is your trusted partner for corporate tax planning, UAE tax compliance, and strategic…

Trust Forever Rich for Reliable Tax Agent Services in UAE

For businesses operating in the UAE, selecting the right tax agent in UAE is crucial to ensure smooth financial operations, full compliance with UAE tax laws, and long-term business success.…

Don’t Let These 6 Free Zone Tax Myths Cost You – UAE Corporate Tax Explained

Many entrepreneurs in the UAE choose to set up their business in free zones because of the perceived tax advantages. However, there's a growing misconception that all free zone companies…

How to Get a Gold Trading License in Dubai: A Complete Guide by Forever Rich

Dubai, famously known as the City of Gold, stands as one of the world's most prestigious hubs for gold trading. Its strategic location, investor-friendly policies, and world-class infrastructure have made…

Forever Rich: A Trusted Expert Accounting Services in UAE

When businesses in UAE need reliable accounting services, they turn to Forever Rich. As one of the outstanding accounting services companies in UAE, we provide comprehensive financial solutions that help businesses stay…

FOREVER RICH FAQ's

How does UAE corporate tax affect foreign investors?

Foreign investors owning businesses in the UAE are subject to corporate tax only on income sourced within the UAE. Passive income (dividends, capital gains, interest) may be exempt depending on…

Are there penalties for non-compliance with UAE corporate tax?

Yes. Non-compliance, including failure to register or file on time, can result in administrative penalties. These vary based on the type and duration of non-compliance.

What expenses are deductible under UAE corporate tax law?

Allowable deductions include: Business-related expenses Salaries and wages Depreciation of assets Rent, utilities, and office costs Some expenses, like fines or penalties, are not deductible.

How Forever Rich Accounting & Tax Services can help?

At Forever Rich Accounting & Tax Services, we offer expert support in: Corporate tax registration Return filing Financial reporting Tax advisory and planning Our experienced professionals ensure your business remains…

What documents are required for corporate tax registration?

To register, you typically need: Trade license copy Emirates ID and passport copy of owner/shareholders MOA or AOA Financial statements Contact details and business address

How does UAE corporate tax affect foreign investors?

Foreign investors operating a business in the UAE must comply with the new tax regime. However, tax treaties and the 0% rate for income below AED 375,000 can offer some…

Can free zone companies be exempt from corporate tax?

Yes, certain free zone companies can benefit from a 0% corporate tax rate if they meet the criteria as a "Qualifying Free Zone Person" and conduct only qualifying income activities.…

What are the penalties for non-compliance with UAE corporate tax?

Penalties for non-compliance include fines for failure to register, late filing, and inaccurate returns. These fines may range from AED 10,000 to AED 50,000 depending on the violation.

How to file corporate tax returns in the UAE?

Corporate tax returns must be filed annually. Businesses are required to register on the EmaraTax portal and submit the necessary financial statements and forms within nine months of the end…

What is the corporate tax rate in the UAE?

The standard UAE corporate tax rate is 9% for taxable income above AED 375,000. Income below that threshold is taxed at 0% to support small and medium businesses. Is VAT…

Who needs to register for corporate tax in Dubai?

All businesses and entities operating in the UAE (except those involved in the extraction of natural resources and qualifying free zone businesses) must register for corporate tax. This includes companies…

What is corporate tax in the UAE?

Corporate tax in the UAE is a direct tax imposed on the net profits of businesses. It was introduced to meet international standards and ensure business transparency. As of 2023,…

Follow Us For More Updates

Barry

Barry

Business Consultant

I am online

I am online

Shirley

Shirley

Business Consultant

I am online

I am online