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Many business owners in the UAE confuse VAT and Corporate Tax. They are two different taxes, with different rules, deadlines and returns. Here is a simple guide.

Bookkeeping is often the first task business owners put off, and the one that causes the biggest problems later. In the UAE, where VAT, Corporate Tax and now e-invoicing all depend on accurate records, good bookkeeping is no longer optional.

The UAE is introducing mandatory electronic invoicing (e-invoicing), and it will change how almost every business issues and receives invoices. Here is what you need to know, and how to prepare.