Asad Abbas & Co. Accountants and Auditors

Asad Abbas & Co. Accountants and Auditors A leading Certified Public Accounting firm providing Audit, Accounting & Business support to the hig

Asad Abbas & Co is an audit and accounting consultancy firm in United Arab Emirates (UAE). Services rendered by the firm include statutory, external and internal audit, accounting and financial management consultancy, accounting and finance outsourcing, project evaluation, feasibility studies, formation of offshore company in JAFZA & RAK, financial expert in UAE courts and allied services. The fir

m is led by a team of qualified and widely experienced professionals dedicated to practice their profession in accordance with International Financial Reporting Standards and committed to provide the best services both for Local and International clients. The firm is fully equipped and provides services catering to a wide spectrum of clients, from individuals to corporate entities; from small organizations to very large companies; domestic and multinationals, in the fast growing economic environment of today. In our endeavour to provide the best professional services, we ensure compliance with the latest international standards and are continuously abreast with the latest developments in our fields of practice. Our aim is to provide cost effective but efficient professional services to the business community and to assist them in realising the maximum potential of their respective business operations. In this respect, we appreciate the importance of timely delivery of our services and are especially committed to the time schedules that we intimate at the start of our assignments.

A father's encouragement becomes the foundation of confidence, and his support becomes the strength behind every achieve...
20/06/2026

A father's encouragement becomes the foundation of confidence, and his support becomes the strength behind every achievement.

This Father's Day, we honor the fathers who inspire dreams, celebrate success, and stand beside us through every milestone.

Happy Father's Day to all the incredible dads!

VAT compliance doesn't have to be complicated.From VAT registration and return filing to health checks, voluntary disclo...
17/06/2026

VAT compliance doesn't have to be complicated.

From VAT registration and return filing to health checks, voluntary disclosures, and refund claims, our experts provide end-to-end VAT solutions tailored to your business needs.

Stay compliant, reduce risks, and recover what's rightfully yours with professional VAT advisory and support.

☎️ +971 44329083
πŸ“ž +971 526474994
πŸ“§ [email protected]
πŸ”— www.abbasaccounting.com

As we welcome the Islamic New Year, may this blessed beginning bring peace, prosperity, and success to you and your love...
15/06/2026

As we welcome the Islamic New Year, may this blessed beginning bring peace, prosperity, and success to you and your loved ones. πŸŒ™βœ¨

May the year ahead be filled with new opportunities, meaningful achievements, and countless blessings. Wishing everyone a Happy Hijri New Year!

☎️+971 44329083
πŸ“ž+971 526474994
πŸ“§ [email protected]
πŸ”— www.abbasaccounting.com

This World Environment Day, let's remember that sustainability is not just a responsibility it's a commitment to future ...
05/06/2026

This World Environment Day, let's remember that sustainability is not just a responsibility it's a commitment to future generations. Every small action, from reducing waste to conserving resources, contributes to a healthier planet. Together, we can create a greener tomorrow.

☎️+971 44329083
πŸ“ž+971 526474994
πŸ“§ [email protected]
πŸ”— www.abbasaccounting.com

βš–οΈ Operating across borders? You may have protection against double taxation.The UAE has introduced formal guidance on t...
01/06/2026

βš–οΈ Operating across borders? You may have protection against double taxation.

The UAE has introduced formal guidance on the Mutual Agreement Procedure (MAP) β€” a mechanism that allows businesses to resolve international tax disputes without litigation.

MAP can help you:
βœ” Address double taxation issues
βœ” Resolve transfer pricing conflicts
βœ” Align tax treatment between UAE and treaty countries

This is especially relevant for businesses with foreign subsidiaries, parent entities, or cross-border transactions.

With the UAE’s expanding Double Tax Treaty network, understanding MAP is key to protecting your global tax position.

πŸ“© DM β€œINTERNATIONAL TAX” for advisory support

☎️ +971 44329083
πŸ“ž +971 526474994
πŸ“§ [email protected]
πŸ”— www.abbasaccounting.com

πŸ‘©β€πŸ’» Freelancers & sole proprietors in the UAE β€” this is critical.If your business income exceeds AED 1 million in a cale...
31/05/2026

πŸ‘©β€πŸ’» Freelancers & sole proprietors in the UAE β€” this is critical.

If your business income exceeds AED 1 million in a calendar year, you are required to register for Corporate Income Tax.

πŸ“Œ Registration deadline β†’ March 31 (following year)
πŸ“Œ Late registration β†’ AED 10,000 penalty

⚠️ Common confusion:
The AED 375K threshold relates to taxable income β€” not registration.
The registration trigger is AED 1 million revenue.

βœ” Applies to consultants, creators, IT freelancers, trainers & professionals
βœ” Small Business Relief may apply β€” but registration is still mandatory

πŸ“© Share this with fellow freelancers

☎️ +971 44329083
πŸ“ž +971 526474994
πŸ“§ [email protected]
πŸ”— www.abbasaccounting.com

🚨 UAE WPS Rules Are Changing from 1 June 2026 🚨The UAE has introduced stricter Wage Protection System (WPS) compliance r...
29/05/2026

🚨 UAE WPS Rules Are Changing from 1 June 2026 🚨

The UAE has introduced stricter Wage Protection System (WPS) compliance requirements for private sector employers. Businesses must ensure salaries are processed on time to avoid penalties, permit restrictions, and legal consequences.

βœ… Timely salary payments through WPS
βœ… Stricter compliance monitoring and enforcement
βœ… New rules on payroll compliance thresholds
βœ… Increased penalties for repeated delays
βœ… Important exemptions and compliance considerations

Now is the time to review your payroll processes, train your HR and finance teams, and ensure your organization is ready before the new regulations take effect.

Stay compliant. Stay protected.

☎️+971 44329083
πŸ“ž+971 526474994
πŸ“§ [email protected]
πŸ”— www.abbasaccounting.com

πŸ“œ The UAE Tax Procedures Law has been significantly updated from January 2026 β€” and it impacts every business.From stric...
27/05/2026

πŸ“œ The UAE Tax Procedures Law has been significantly updated from January 2026 β€” and it impacts every business.

From stricter deadlines and expanded audit powers to VAT refund limits and input VAT risks, compliance requirements are now more demanding than ever.

Businesses must proactively review their tax positions, documentation, and processes to avoid penalties and financial exposure.

Now is the time to conduct a full compliance health check across VAT, Corporate Tax, and Excise.

πŸ“© DM β€œTAX PROCEDURES” for expert support

☎️ +971 44329083
πŸ“ž +971 526474994
πŸ“§ [email protected]
πŸ”— www.abbasaccounting.com

πŸŒ™ Eid Mubarak!May this blessed occasion bring peace, happiness, prosperity, and success to you and your loved ones.Wishi...
25/05/2026

πŸŒ™ Eid Mubarak!

May this blessed occasion bring peace, happiness, prosperity, and success to you and your loved ones.

Wishing you joyful celebrations, meaningful moments, and continued growth in every aspect of life.

The UAE–India Double Taxation Avoidance Agreement (DTAA) is now more important than ever under Corporate Tax.This treaty...
25/05/2026

The UAE–India Double Taxation Avoidance Agreement (DTAA) is now more important than ever under Corporate Tax.

This treaty helps businesses:
βœ” Reduce withholding taxes on dividends, interest & royalties
βœ” Avoid double taxation across jurisdictions
βœ” Determine where profits are taxed based on PE rules

⚠️ Key risk:
If a UAE entity lacks commercial substance (no real operations, staff, or activity), treaty benefits may be denied and profits could be taxed in India.

With strong trade ties and cross-border structures, proper planning is essential.

At Asad Abbas & Co., we advise businesses on UAE–India tax structuring, compliance, and risk management.

☎️ +971 44329083
πŸ“ž +971 526474994
πŸ“§ [email protected]
πŸ”— www.abbasaccounting.com

Address

405, Zone B, Aspect Tower, Business Bay, Executive Towers
Dubai
78142

Opening Hours

Monday 09:00 - 18:00
Tuesday 09:00 - 18:00
Wednesday 09:00 - 18:00
Thursday 09:00 - 18:00
Saturday 10:00 - 14:00
Sunday 09:00 - 18:00

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