VAT reporting to FTA:
In Dubai, businesses are required to submit their VAT returns to the Federal Tax Authority (FTA). This reporting ensures they are in line with the UAE’s tax regulations. Regular and accurate VAT reporting aids in transparent tax collection. It’s crucial for businesses to stay compliant to avoid penalties and maintain good standing.
IFRS reporting and accounting:
Arkad DMCC specializes in IFRS reporting and accounting, aligning businesses with internationally recognized financial standards. By adopting these global benchmarks, Arkad DMCC ensures that its clients achieve consistency, transparency, and credibility in their financial disclosures, catering to both local and international stakeholders.