Written by AJITH ABRAHAM, CAMSMay 21, 2025 In a region striving to uphold its status as a global financial hub, the United Arab Emirates (UAE) enforces strict Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) regulations. These are not merely guidelines — non-compliance leads to severe administrative and criminal penalties under Federal Law and enforcement by the Ministry of Economy (MoE) and the Federal Tax Authority (FTA). Knowing UAE
Written by Sneha ThomasMay 17, 2025 Thinking of starting a business in the UAE? A UAE trade license is your golden ticket. Whether you’re entering eCommerce, consulting, or manufacturing, securing the right license is non-negotiable. It impacts your legal standing, taxation, visa eligibility, and operational flexibility. With over 45+ jurisdictions, dozens of license types, and shifting compliance norms, making the wrong choice could cost you time and
Written by SHABAN KUNCHERIAMay 14, 2025 How much does bookkeeping cost in UAE? Compare monthly pricing for startups, SMEs & mainland companies. Transparent rates from ProAct’s certified accountants.
Written by SHABAN KUNCHERIAMay 12, 2025 The UAE’s regulatory landscape has evolved rapidly. Consequently, businesses across the Emirates face increasing pressure to stay compliant with audit, VAT, and tax obligations. As a result, hiring a licensed external auditor is no longer just a formality — it’s a critical step for ensuring transparency, compliance, and credibility. Talk to ProAct for licensed, reliable, and independent external auditing in the
Written by AJITH ABRAHAM, CAMSMay 9, 2025 In the UAE’s increasingly regulated financial environment, Designated Non-Financial Businesses and Professions (DNFBPs) are under heightened scrutiny from bodies such as the Financial Action Task Force (FATF), Ministry of Economy (MOE), and Federal Tax Authority (FTA). This article describes about DNFBP AML registration. Whether you’re a real estate broker, jewelry dealer, audit firm, or corporate service provider, understanding and complying with
Written by SHABAN KUNCHERIAMay 6, 2025 Managing finances efficiently isn’t just a convenience—it’s a regulatory requirement. In the UAE, with the introduction of VAT, ongoing corporate tax reforms, and strict compliance standards enforced by the FTA (Federal Tax Authority), businesses must invest in reliable accounting software. Choosing the wrong system could result in: Whether you’re a startup in Dubai or an SME in Sharjah, having VAT-compliant, tax-ready,
Written by SHABAN KUNCHERIAMay 4, 2025 The cost of a financial audit in the UAE in 2025 is a topic of high interest for business owners, especially with recent tax reforms and tighter regulatory oversight. Whether you’re running a mainland company in Dubai or a Free Zone startup in Sharjah, understanding what impacts audit pricing can help you budget wisely — and stay compliant. At ProAct, we
Written by ProActApril 30, 2025 Source: Gulf News In April 2025, as per the Gulf News reports, the Ministry of Finance and Federal Tax Authority (FTA) to provide significant relief concerning the new corporate tax regulations – UAE Corporate Tax Penalty Waiver. Companies that inadvertently missed their initial corporate tax registration deadlines can now have a crucial opportunity to avoid hefty penalties associated with late registration.
Written by Sneha ThomasApril 28, 2025 Set up your business in UAE’s top free zones. Compare costs, benefits & licensing options for DMCC, JAFZA, ADGM and more. Free consultation with ProAct.
Written by SHABAN KUNCHERIAApril 24, 2025 As businesses in the UAE grow in complexity and regulation, understanding the various types of audits becomes crucial. Many business owners and finance professionals ask: What is the difference between a financial audit and an internal audit (Financial vs Internal Audit) in the UAE? This detailed guide answers that question and more. Whether you’re a startup in Dubai, a family-owned enterprise