DEADLINE ALERT FOR UAE BUSINESSES!

DEADLINE ALERT FOR UAE BUSINESSES!

The UAE Federal Tax Authority (FTA) has set a crucial deadline: certain businesses in the UAE must register for corporate tax by May 31, 2024. Don't risk facing hefty fines of AED 10,000 for late registration!

We are here to ensure your compliance & peace of mind. Avail our free 15-minute tax consultation to equip your business with everything it needs to meet the deadline & stay tax compliant.

Follow these 3 simple steps to safeguard your company:

  1. Book your free business tax audit (click the link below).
  2. Get compliant now & avoid penalties with our free corporate tax registration when you select a Creation tax & accounting or compliance package.
  3. Connect with us to avoid missing the mandatory deadline & facing financial consequences.

Missing the May 31, 2024, deadline could cost, but with our expert assistance, you can navigate tax registration, advisory, & compliance seamlessly. Click on the link below to secure your expert tax consultation today & see how we can support your business.

COMPANY COMPLIANCE CALENDAR: ENSURE READINESS & AVOID FINES

Are you aware that your UAE company could face fines exceeding AED 200K for non-compliance? Do not let regulatory demands overwhelm you. Our Annual Compliance & Business Support Packages are designed to ease the burden & ensure the smooth operation of your UAE business, allowing you to focus on business growth.

To learn more & schedule a free business health check, click the link below. Let us understand your needs & suggest a suitable solution for your business.

SAUDI ARABIA COMPANY?STRUCTURES & ADVANTAGES

Are you considering establishing your business in Saudi Arabia but unsure about which company structure suits you best?

Watch out our latest video by Gary Hales ?- Head of International Business, we take a closer look at the main company structures available in Saudi Arabia:?

  • Limited Liability Company (LLC)
  • Joint Stock Company (JSC)?
  • Branch company

We recognize the importance of making the right decision. Each structure - LLC, Branch, or JSC presents advantages, considerations, & legal requirements. Your choice should align with factors such as your business's nature, ownership preferences, & long-term goals.

Ready to start your business expansion journey into Saudi Arabia? Our team of Saudi experts is ready to guide you through the company setup process. Get in touch now.

BUSINESS ARTICLES?

WITHHOLDING TAX REPORTING: SAUDI ARABIA VS. OTHER COUNTRIES

Explore the key differences in withholding tax reporting between Saudi Arabia & other countries. Our expert guide covers income types, tax rates, & compliance mandates specific to the Kingdom. Understand the varying tax laws, regulations, & compliance requirements, & their potential impacts on your business. Click below for guidance from our tax experts, ensuring compliance for your Saudi company.

UAE CORPORATE TAX FINES: WHAT BUSINESSES SHOULD KNOW

It's essential for UAE businesses to understand tax compliance, particularly regarding fines & penalties. This article breaks down corporate tax fines & penalties, helping businesses avoid trouble & potential consequences. From understanding UAE tax rules to meeting compliance & planning, we have got you covered to ensure your business stays compliant & runs smoothly.

DIFFERENCE BETWEEN TAX PLANNING & FINANCIAL PLANNING?

Understanding the difference & synergy between financial planning & tax planning is key for companies. In this article, we explore the impact of both financial & tax planning for businesses, comparing their roles & examining how tax planning fits with financial planning strategies. Stay informed to optimize your business's financial health & strategies.

CORPORATE BANKING IN SAUDI ARABIA: SIMPLIFYING THE PROCESS FOR YOUR BUSINESS SUCCESS

Setting up a corporate bank account in Saudi Arabia can be challenging, consuming valuable time & resources. Different banks have varying requirements & application processes, making it confusing to find the best company bank account. This search can result in delays & missed opportunities for revenue generation. Yet, choosing the right business bank account & service provider can streamline operations & enhance efficiency. This article serves as your guide to corporate banking in Saudi Arabia, helping your business succeed.

CLIENT FEATURE - MENTL

PRIORTIZING MENTAL HEALTH AT THE WORKPLACE

In this month's client feature, we are honored to present Scott Armstrong, Founder of Mentl, sharing insights on prioritizing mental health in the workplace. Scott's journey provides a unique perspective on the importance of mental health awareness month of May.?In today's fast-paced work environment, mental well-being is crucial. We're committed to promoting a supportive environment with open communication, mental health resources, & work-life balance. Prioritizing mental health enhances morale, productivity, & cultivates empathy. Click on the link below to access the full article where Scott shares valuable strategies for a mentally healthy workplace.

EXCLUSIVE CREATION & CPA AUSTRALIA EVENT - BUSINESS OPPORTUNITIES IN THE UAE & KSA

Join us on May 16, 2024, in Hong Kong for our Asia business road trip. We are excited to present at an exclusive CPA Australia event on setting up your business in the United Arab Emirates (UAE) & Kingdom of Saudi Arabia (KSA). Creation Group Managing Director, Scott Cairns , will provide invaluable insights?&?expertise, guiding you through the complexities of establishing a successful business presence in these thriving Middle Eastern markets.?From regulatory frameworks to cultural nuances & market dynamics, gain practical tips for expanding your business from Asia into the Middle East.?After the session, network with industry professionals.

KEY TOPICS:

  • Setting up a business in the UAE & KSA: Regulatory frameworks, cultural nuances, & market dynamics
  • Navigating challenges for a successful business presence
  • Understanding the local business environment & overcoming operational challenges in these markets

If you cannot attend in person, you can register for the webinar. To secure your place click on the preferred registration option.

UAE EVENTS

1 May - 2 May

ZABEEL HALL 4

Dubai Game Expo Summit

Experience?the future of gaming at the Dubai Game Expo Summit, situated at the core of the Dubai Esports & Games Festival 2024. Engage with 100 distinguished gaming industry speakers worldwide as they deliver insightful talks, panels, & seminars covering various thematic tracks.?A must-attend event within the Dubai Esports & Games Festival 2024.

Register Now


8 May - 9 May

SHEIKH RASHID HALL

Precision Med Exhibition & Summit

PrecisionMed Exhibition & Summit (PMES) gathering 7,000+ healthcare experts, from doctors to researchers, pharma reps to innovators. Attendees engage in networking with global leaders, scientists, & healthcare decision-makers, fostering business opportunities & collaboration in personalized healthcare.

Register Now


14 May - 16 May?

HALL 1 - 8, DWTC

Seamless Middle East

Seamless Middle East is a dynamic hub where entrepreneurs & innovators shape the future of commerce. With 9 core sectors covered & over 800 exhibitors, it offers efficient networking opportunities & insightful discussions led by 800+ speakers on market trends & disruptive technologies.

Register Now


14 May - 16 May

SHEIKH RASHID HALL, SHEIKH RASHID HALL

Critical Communications World 2024

For over 20 years, Critical Communications World (CCW) brings together users & suppliers for inspiration & networking. Explore latest tech & discussions on critical communications, with new meeting tools for scheduling partner meetings. Also discover the latest advancements & forge valuable partnerships.

Register Now


SAUDI EVENTS

6 May - 9 May?

RIYADH INTERNATIONAL CONVENTION & EXHIBITION CENTRE, RIYADH

Saudi Print & Pack

The Saudi Print & Pack 2024 trade exhibition is gearing up for launch, marking the Kingdom of Saudi Arabia's largest event of the year. With a focus on innovation & sustainability, the expo aims to unite businessmen, industry professionals, decision-makers, & sellers to present their innovative solutions on a dedicated platform.

Register Now


6 May - 9 May

RIYADH INTERNATIONAL CONVENTION & EXHIBITION CENTRE, RIYADH

Riyadh International Industry Week 2024

Saudi Arabia is rapidly advancing its economic & societal transformation, emerging as a prominent industrial force & key logistics hub. This event consolidates four major industrial trade shows, convening over 16,000 regional & international leaders in Riyadh, at the epicenter of the MENA region's fastest-growing economy.

Register Now


21 MAY?

CROWN PLAZA RDC, RIYADH

Cyber Next Summit 2024

With the surge in cyberattacks & data breaches due to digital transformation, Saudi Arabia prioritizes creating a secure environment for data & digital operations. The National Cybersecurity Authority plays a crucial role in developing national security systems. Kingdom invests in cybersecurity tools, expecting the market to grow significantly. Explore the latest trends & technologies with industry leaders.

Register Now


28 May

MOVENPICK HOTEL & RESIDENCES RIYADH

InsureTek Middle East 2024

InsureTek KSA, the Middle East International Conference, is the premier gathering for insurance innovation in the vibrant Kingdom of Saudi Arabia. Connect with industry leaders, explore cutting-edge solutions, & propel the future of insurtech forward. Engage with meaningful educational talks, & connect with experts to drive the future of insurance industry moving forward.

Register Now


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