Author name: Prabix

Accounting, IFRS

IFRS 16 Leases – Key Themes and Concepts

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This blog summarizes the important ideas regarding IFRS 16 Leases, which became effective for periods beginning on or after 1 January 2019. The standard significantly changed lease accounting, primarily for lessees. Core Definition: A lease is defined as a contract that conveys the right to use an asset for a period of time in exchange […]

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Corporate Tax

Corporate Tax in the UAE and recent deadlines

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UAE Corporate Tax: Key Deadlines and What You Need to Know The UAE’s Corporate Tax (CT) regime is a significant change for businesses operating in the country. To ensure compliance and avoid penalties, it is crucial to stay updated on the latest deadlines and requirements. Here’s everything you need to know about UAE Corporate Tax

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