Frequently Asked Questions

Find answers to common questions about our accounting, tax, and corporate services.

Showing 44 questions

Accounting Solutions7 questions

Tax Solutions21 questions

Payroll Solutions4 questions

HR Solutions4 questions

Company Secretarial4 questions

Client Engagements4 questions

Can't find what you're looking for?

Our team is happy to answer questions about our services, compliance requirements, or how we can help with your accounting and tax needs.

Frequently Asked Questions

Accounting Solutions7 questions

What documents are needed to file annual accounts?

Do I need a bookkeeper or an accountant?

What is included in Kounted's monthly bookkeeping service?

What accounting software does Kounted use?

What financial reports will I receive from Kounted?

What is an audit and do I need one in the UAE?

What is accrual accounting and why does it matter?

Tax Solutions21 questions

How does corporate tax registration work in the UAE?

What is the UAE Corporate Tax rate?

Who is exempt from UAE Corporate Tax?

What is UAE Corporate Tax Small Business Relief (SBR)?

What is a Qualifying Free Zone Person (QFZP) for UAE Corporate Tax?

What counts as taxable income under UAE Corporate Tax?

eInvoicing: What is UAE eInvoicing and how does the system actually work?

eInvoicing: Is UAE eInvoicing mandatory and who is in scope?

eInvoicing: When does UAE eInvoicing become mandatory?

What is transfer pricing and does it apply to my UAE business?

eInvoicing: What is an Accredited Service Provider (ASP) and why do I need one?

What is a UAE Tax Residency Certificate (TRC)?

eInvoicing: How does UAE eInvoicing affect VAT invoices and credit notes?

eInvoicing: What transactions are excluded from UAE eInvoicing?

eInvoicing: What are the record-keeping requirements and penalty risks under UAE eInvoicing?

eInvoicing: How are exports, deemed supplies and special cases handled under UAE eInvoicing?

eInvoicing: What internal changes should businesses prepare for under UAE eInvoicing?

What are the VAT registration thresholds in the UAE?

How do I file a UAE VAT return?

What is the difference between VAT zero-rating and VAT exemption in the UAE?

What happens if I miss my UAE VAT or Corporate Tax filing deadline?

Payroll Solutions4 questions

What is the UAE Wages Protection System (WPS)?

How is end-of-service gratuity (ESOB) calculated in the UAE?

What is ILOE (unemployment insurance) in the UAE?

Does WPS apply to free zone companies?

HR Solutions4 questions

How does UAE employment visa sponsorship work?

What is the MOHRE E-Channel and why does my company need one?

How long does a UAE employment visa take to process?

Can I sponsor family members on a UAE visa?

Company Secretarial4 questions

How do I renew my UAE trade licence?

What is UBO filing and who needs to do it in the UAE?

How do I change my company's registered address in the UAE?

How do I add or change business activities on my UAE trade licence?

Client Engagements4 questions

What services does Kounted offer?

How does the Kounted onboarding process work?

How is Kounted's pricing structured?

Do you work with free zone companies?

Can't find what you're looking for?