The UAE’s introduction of Value Added Tax (VAT) in 2018 marked a significant shift in the region’s business landscape. While the standard 5% rate remains competitive globally, compliance requirements are stringent. At Philip McMillanWoods, we understand that navigating VAT regulations can be challenging for businesses of all sizes. This guide outlines proven strategies for maintaining compliance while highlighting common...

  If you’re running a business in Dubai or anywhere in the UAE, having the right chartered accountant by your side is crucial. With more companies entering the market and stricter rules from regulators, businesses need help not just with basic accounting, but with auditing, VAT filing, tax planning, and overall financial management. Whether you’re...

  Fashion today is changing, and sustainability is no longer a fad—it’s a requirement. As the emphasis on Dubai increases for green initiatives and the UAE’s vision of being a cleaner country in the coming years, starting a zero-waste fashion brand in Dubai is not only an intelligent business decision but doing the planet a...