MHR Chartered Accountants

12/08/2026

Gave a client a gift? Took the office laptop home? Closing your TRN with stock on the shelf?
That's a deemed supply — and 5% output VAT is due even though you sold nothing and received nothing.
The AED 500 gift limit is per recipient. The AED 2,000 limit is for your whole business. Both roll backwards month by month, and neither works without a record of who received what.
Swipe for the four triggers, the five exceptions, and the eight scenarios we see most often in UAE SMEs. 👇

07/08/2026

📢 GOOD NEWS!

The UAE Ministry of Finance has issued Ministerial Decision No. 131 of 2026, amending Clause (2) of Article (2) of Ministerial Decision No. 73 of 2023.

✅ Small Business Relief has now been extended to tax periods ending on or before 31 December 2029.

04/08/2026

You live in Dubai. You pay tax in Dubai.

Try telling that to a tax authority abroad without a certificate.

The UAE Tax Residency Certificate (TRC) is the document that proves it — and it's the key to treaty relief under the UAE's double taxation agreements with over 140 countries.

Three routes to qualify:

🔹 183 days — Individuals physically present in the UAE for 183 days or more in any 12-month period.

🔹 90 days — Individuals who are UAE or GCC nationals, or UAE residents with a permanent home, job or business here.

🔹 UAE companies — Entities incorporated here that are effectively managed and controlled from the UAE.

What the TRC actually unlocks:

✅ No double tax on the same income ✅ Lower withholding tax abroad ✅ Recognised residency proof for foreign authorities ✅ Smoother banking and investment onboarding

Most rejected applications aren't rejected on eligibility. They're rejected on evidence — a day count that doesn't tie to the entry/exit report, or a company that can't show where management and control actually sit.

📌 Check your eligibility before you file abroad. MHR reviews your day count, residency evidence and treaty position, then handles the FTA application end to end.

Comment or DM "TRC" and we'll tell you which route you fall under.

📞 +971 58 182 1626 ✉️ [email protected] 🌐 www.mhraccountants.com

MHR Chartered Accountants | Dubai • Abu Dhabi Audit · Corporate Tax · VAT · AML/CFT · CFO Advisory

#𝐅𝐓𝐀

01/08/2026

Most UAE businesses don't fail due to corporate tax at 9%.

They fail because of the paperwork.

We've reviewed enough files now to see the same five mistakes over and over — and every one of them is avoidable:

1️⃣ Poor record keeping — Books and supporting records must be kept for 7 years after the tax period ends. Every figure in your return needs a document behind it.

2️⃣ Missing the deadline — Your CT return is due within 9 months of your tax period end. Late filing starts at AED 500 per month.

3️⃣ Incorrect expense claims — Entertainment is only 50% deductible. Personal and exempt-income costs must be added back. Wrong claims = wrong tax bill.

4️⃣ Ignoring transfer pricing — Transactions with related parties and connected persons must meet the arm's-length standard, with documentation and disclosure where thresholds apply.

5️⃣ Delaying bookkeeping — No clean trial balance means no reliable computation — and no way to judge Small Business Relief or free zone (QFZP) status while there's still time to act.

Number 5 is the one that quietly causes the other four.

The FTA doesn't audit your intentions. It audits your records.

📌 Getting a corporate tax health check? We review your records, computation and filing position — before the FTA does. Registration, returns and transfer pricing, handled end to end.

Drop a comment or DM us "CT HEALTH CHECK" and we'll take a look at where you stand.

📞 +971 58 182 1626 ✉️ [email protected] 🌐 www.mhraccountants.com

MHR Chartered Accountants | Dubai • Abu Dhabi Audit · Corporate Tax · VAT · AML/CFT · CFO Advisory

#𝐅𝐓𝐀

15/07/2026

Celebrating the birthday of our valued team member, Miss Yadarna! Wishing you a very Happy Birthday. May your special day be as inspiring as you are, and may the year ahead be filled with happiness, success, good health, and countless achievements. With warm wishes from the MHR Chartered Accountants family. 🎂✨

12/06/2026

https://www.linkedin.com/feed/update/urn:li:activity:7471213032745037825

🌟 We're Hiring | Business Development Officer (Female) – Dubai, UAE At MHR Chartered Accountants, we are expanding our team and looking for a driven and dynamic Business Development Officer to join our Dubai office. If you are passionate about building client relationships, identifying new busi...

25/04/2026

🎂 Celebrating Mr. Mehar!
A special day at MHR as the team came together to celebrate the birthday of Mr. Mehar Irfan-- a valued part of the MHR family.
Beyond the work, moments like these remind us what makes MHR more than just a workplace — the people, the bond, and the culture we build together every day.
Wishing Mr. Mehar Irfan a year ahead filled with good health, happiness, and continued success — both personally and professionally.
From the entire MHR team — happy birthday, Sir! 🎉🎈

25/04/2026

🎂 Celebrating Mr. Mehar Irfan!
A special day at MHR as the team came together to celebrate the birthday of Mr. Mehar Irfan, a valued part of the MHR family.
Beyond the work, moments like these remind us what makes MHR more than just a workplace — the people, the bond, and the culture we build together every day.
Wishing Mr. Mehar Irfan a year ahead filled with good health, happiness, and continued success — both personally and professionally.
From the entire MHR team — happy birthday, Sir! 🎉🎈

14/04/2026

🌟 We're Hiring | Business Development Officer (Female) – Dubai, UAE

At MHR Chartered Accountants, we are expanding our team and looking for a driven and dynamic Business Development Officer to join our Dubai office.

If you are passionate about building client relationships, identifying new business opportunities, and contributing to a growing professional services firm — we want to hear from you.

📋 Requirements:
✔ Fluency in English (Arabic is a plus)
✔ Minimum 2 years of experience in a related field
✔ Excellent communication and presentation skills
✔ Strong interpersonal and client relationship management skills
✔ Self-motivated, result-driven, and target-oriented

📩 To apply, send your CV/Resume to: [email protected]
📞 For inquiries: +971 4 338 9188.

04/04/2026

🚨 UAE FTA Activates APA (Advance Pricing Agreement) Feature in EmaraTax

The UAE Federal Tax Authority (FTA) has now enabled the Advance Pricing Agreement (APA) pre-filing consultation request within the EmaraTax portal — marking a major step in the practical implementation of the UAE’s Transfer Pricing framework.

🔍 What does this mean for businesses?
Companies can now proactively engage with the FTA to agree on their transfer pricing methodology in advance, reducing uncertainty around related-party transactions.

📌 Through the portal, taxpayers can submit:
• Group structure and business overview
• Details of controlled transactions
• Proposed transfer pricing methods
• Financial and corporate tax compliance data

💡 Why is this important?
✅ Enhances tax certainty
✅ Reduces risk of future disputes and penalties
✅ Aligns UAE with global OECD transfer pricing practices

📊 This development is particularly relevant for:
• Multinational groups operating in the UAE
• Free Zone & Mainland related-party structures
• Businesses with cross-border transactions

🚀 Our View (MHR Chartered Accountants):
APA will become a key strategic tool for businesses looking to manage transfer pricing risks proactively under UAE Corporate Tax.

If your business has related-party transactions, now is the time to evaluate whether an APA approach is suitable.

📩 Feel free to connect with us to understand how this impacts your business.