KBM ACCOUNTING AND TAX CONSULTANCY

News & Events

Who Needs Audited Financial Statements for UAE Corporate Tax?

Under Ministerial Decision No. 82 of 2023, two categories of taxable persons must prepare and maintain audited financial statements for Corporate Tax purposes: Busines...

October 12, 2026

Corporate Tax Law Amended: New Rules for Settling Tax and Claiming Unused Credits

The UAE has issued Federal Decree-Law No. 28 of 2025, amending Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses. The amendment sets a cle...

October 12, 2026

UAE Extends Small Business Relief for Corporate Tax Until 2029

The Ministry of Finance has issued Ministerial Decision No. 131 of 2026, amending Ministerial Decision No. 73 of 2023 on Small Business Relief. Under the amendment, Smal...

September 30, 2026

New IFRS Accounting Standard will aid investor analysis of companies’ financial performance

The International Accounting Standards Board (IASB) today completed its work to improve the usefulness of information presented and disclosed in financial statements. The...

October 02, 2026

What is AI in finance?

  Understanding AI in Finance AI in finance involves utilizing artificial intelligence technology to enhance the efficiency of the financial services secto...

October 06, 2026

UAE E-Invoicing Is Coming: Key Deadlines Every Business Must Know

The UAE Ministry of Finance is rolling out a mandatory national e-invoicing system, and the first deadline is only weeks away. Under the new rules, businesses must issue...