YOUR BUSINESS IS GROWING. SO ARE WE. Grant Thornton UAE is delighted to welcome ten new Partners, strengthening our leadership and reinforcing our commitment to delivering exceptional service to our clients. We remain focused on raising the bar to meet your evolving needs.
The latest insight in our risk and resilience series outlines how organisations can strengthen contractual readiness and protect their position under UAE law. This series is developed to support business leaders to build confidence, resilience and continuity through disruption.
In the next part of our risk and resilience series, we focus on identifying critical services, understanding dependencies and building decision‑making that holds under sustained pressure. This series is developed to support business leaders to build confidence, resilience and continuity through disruption.
Learn about the latest updates in Tax, Indirect Tax, and International tax in the UAE and GCC Region.
In this tax alert, our specialists, Steven Ireland and Muhammad Bhagat clarify the annual reporting requirements for all entities classified as Financial Institutions for FATCA and CRS Reporting (including the filing of Nil Returns) as stipulated within the regulations.
Learn about the latest updates in Tax, Indirect Tax, and International tax in the UAE and GCC Region.
Learn about the latest tax updates, concerning VAT and customs in the UAE and GCC region.
Grant Thornton UAE audits the operations and processes of more than 80 hotels every year. Based on our observations while performing such internal audits, we summarise here below 5 of the most common emerging issues that have been recorded.
Learn about the latest tax updates, concerning VAT and customs in the UAE and GCC region.
Learn about the latest updates in Tax, Indirect Tax, and International tax in the UAE and GCC Region.
The UAE hotel sector has been increasingly overestimating the market demand over the past few years and as such, has been suffering from an oversupply of hotel keys.
This article explains the agency concept under VAT along with the VAT treatment and processes to be followed to ensure appropriate compliance. The concept is different from ‘tax agency’ under VAT. A tax agent is a person registered with the tax authority who is appointed on behalf of another person to represent him/her before the authority
Learn about the latest updates in Tax, Indirect Tax, and International tax in the UAE and GCC Region.
For the past 17 years, Grant Thornton has been tracking the global progress of women in senior management. Globally, female leadership positions passed the crucial 30% mark. In the UAE, we have recorded a 9% increase of female CEOs in the past 12 months, which sets the tone for a growing gender inclusive workforce in the GCC region.
Each year Grant Thornton releases a comprehensive IFRS guide to the market where we cover both the new standards as well as any amendments that have been made to existing ones. This publication is designed to give preparers of IFRS financial statements a high-level awareness of recent changes to International Financial Reporting Standards.
Learn about the latest updates in Tax, Indirect Tax, and International tax in the UAE and GCC Region.
Learn about the latest updates in Tax, Indirect Tax, and International tax in the UAE and GCC Region.
UAE Ministry of Finance amends Economic Substance Regulations
Grant Thornton is pleased to present our first annual Internal Control over Financial Reporting (ICFR) Benchmarking survey regarding compliance with Abu Dhabi Accountability Authority (ADAA) Resolution Number 1. The Resolution requires government entities in Abu Dhabi to implement an ICFR framework which is to be tested by the external auditor.