Comprehensive RAKEZ Licence Renewal Guide: Avoid Delays and Penalties
December 20, 2024
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We often think of change as a slow burn—a marathon of habits and years of steady progress. But if you look closer at the most pivotal moments of your life, they usually hinge on a single, 24-hour cycle. Whether it’s a spontaneous trip to Paris, a devastating loss, or a sudden realization, "just one day" is the smallest unit of time required to completely rewrite your future. 1. The Day That Redefines Your Identity
In her novel Just One Day , author Gayle Forman explores how a single day of risk and romance can transform a planned, ordered life into one of liberation and discovery. This isn't just fiction; it’s a psychological reality. We are often one decision away from a different life. By stepping out of our comfort zones for just 24 hours, we can "get lost" enough to finally "get found". 2. The Power of "Just One Day" in Modern Life just_one_day
The concept of "just one day" isn't limited to romantic travel. It serves as a powerful tool for deep work and personal growth: We often think of change as a slow
Beyond the excitement of change, "just one day" can be a heavy container for the human condition. It can be the day a daughter becomes a stranger to her mother due to illness, or the day a caretaker realizes their devotion has blurred with a need for control . These days force us to interrogate our desires and what it means to truly love someone who can no longer reciprocate. 4. The "One Day" Perspective
When we ask ourselves, "If I could go back for just one day, would I see it differently?" we unlock a profound sense of gratitude. Whether it’s appreciating the small details of a perfect day in Tel Aviv or honoring the resilience of communities after a disaster, looking at life through the lens of a single day helps us focus on what actually matters. Summary: The Unit of Change
We are born in just one day. We die in just one day. We can fall in love, change our minds, or find a new identity in just one day. While we cannot control everything that happens in those 24 hours, we can control how we show up for them.
Spondoo, a leading online accounting firm, has launched Theta 7, its new branch in the United Arab Emirates. Theta 7 is an online accounting firm that offers a range of accounting services to businesses in the UAE, leveraging technology to offer accurate, timely and cost-effective solutions. With its launch in 2023, Theta 7 is set to revolutionise the accounting industry in the UAE.
Most jurisdictions now restrict or disallow client entertainment expenses, and the UAE is no exception to this. When you take a client out for dinner or drinks, or even paying for a joint golfing trip, this is client entertainment. You can indeed pay for this type of expense via the business, and it is still legitimate to do so.
If a company has a taxable profit of 400,000 AED, the calculation will be (375,000 AED x 0%) + (25,000 AED x 9%) giving a tax bill for the period of 2,250 AED.
Simply put - Yes and no:
There is no income tax on a person’s salary, wages, bank interest, dividends, or capital gains in Dubai, however, from June 2023 corporation tax was introduced
It is important to note that Free Zone companies are not exempt from corporation tax in the UAE, but they may qualify for a 0% tax rate. This is an important distinction as all Free Zone companies be required to register for corporation tax with the Federal Tax Authority (FTA) and file returns at least annually.
The information provided on this site is for general guidance purposes only and may change based on updates to UAE laws and regulations.
It should not be construed as financial, accounting, auditing, or legal advice, nor relied upon as the sole basis for making financial or compliance decisions.
We recommend seeking specific professional advice tailored to your individual circumstances.
Theta7 is a trading name of THETA 7 Accounting & Bookkeeping L.L.C, an authorised and licensed accounting firm under the Ministry of Economy and the Federal Tax Authority of the United Arab Emirates.
Audit services are provided exclusively through AuditCo Times Auditors L.L.C, a licensed audit firm operating under the Theta7 Group.
