Blog -

The Transformative Role of Technology in Responsible Supply Chain Management

Introduction Over the past few decades, the context in which businesses operate have changed drastically. Technology has transformed the way the world behaves; data assimilation presents a picture where every business is laid bare. As businesses have benefited from economic growth and globalization, technology’s contribution to critical sustainability topics like climate change, biodiversity, access to …

The Transformative Role of Technology in Responsible Supply Chain Management Read More »

A Strong Antivirus Isn’t Enough Anymore – How Cyber Security Needs Have Changed for Businesses

Introduction In today’s digital landscape, the cost of cyber security breaches to businesses is staggering. By 2021, the global cost of cybercrime was expected to top $6 trillion, and what’s more alarming is that around 43% of these attacks are directed at smaller businesses. As businesses continue to rely heavily on technology, it’s crucial to …

A Strong Antivirus Isn’t Enough Anymore – How Cyber Security Needs Have Changed for Businesses Read More »

Cabinet Decision No 91 of 2023- RCM on Electronic Devices

Introduction Cabinet Decision No. 91 of 2023, which was officially announced in Gazette Issue No. 758 dated August 30, 2023, has introduced a specialized reverse charge mechanism for local electronic device transactions. This newly enacted decision outlines the specific criteria and prerequisites necessary for applying Value Added Tax (VAT) through this reverse charge method. This …

Cabinet Decision No 91 of 2023- RCM on Electronic Devices Read More »

Understanding OECD Pillar Two Tax Advisory Services and Why AKW Consultants Should Be Your First Call

Introduction As globalization intensifies, so does the complexity of international taxation rules. The Organization for Economic Co-operation and Development (OECD) is at the forefront of addressing these complexities, especially with the implementation of the two-pillar approach. In this article, we will delve deeply into the OECD’s Pillar Two framework and demonstrate why AKW Consultants is …

Understanding OECD Pillar Two Tax Advisory Services and Why AKW Consultants Should Be Your First Call Read More »

Navigating Corporate Tax Planning in the UAE: Strategies for 2023

Introduction The United Arab Emirates is renowned for its favorable tax environment, and in 2023, corporations operating within its borders have an array of opportunities for efficient corporate tax planning. To embark on this journey, it is essential to comprehend the intricacies of the UAE’s tax structure and the dynamic landscape it presents. In this …

Navigating Corporate Tax Planning in the UAE: Strategies for 2023 Read More »

AML Compliance Challenges for Small Businesses in Dubai: Solutions for Success

Introduction Anti-Money Laundering (AML) regulations are an integral part of the global financial landscape, designed to combat financial crimes. In Dubai, as in many other places, these regulations are enforced rigorously, and non-compliance can lead to hefty fines and damage to a business’s reputation. For small businesses in Dubai, AML compliance can pose unique challenges …

AML Compliance Challenges for Small Businesses in Dubai: Solutions for Success Read More »