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9 significant highlights of 2017 – Financial Roundup

The year 2017 was a busy year, in terms of world politics. Big changes in the business world were also observed. These may play a significant role for large and small companies. Several important decisions which will impact businesses of all types were also made in 2017. Let’s learn about a few events that can […]

Executive Regulations on Value Added Tax (VAT).

His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has approved the executive regulations of Federal Law No.8 of 2017 on Value Added Tax (VAT). The regulations define VAT rules as 5 per cent tax is imposed on the import and supply of goods and […]

Why Get The Accounting And The Bookkeeping Services of a Company Outsourced?

A lot of companies these days are outsourcing the bookkeeping services of their organization in order to ensure that they are managed in the best way possible. Most people are of the opinion that outsourcing the book keeping services only helps in cutting cost as that ways an organization does not need to maintain a […]

Why Hire the Due Diligence Services of a Reputed Company

Exchanging the confidential legal and the financial information of a company after a proper appraisal and review is called due diligence. The parties which are involved in a merger, substantial asset transfer or acquisition, normally exchange their confidential information with the help of this process. It is important that all the companies that are involved […]

Latest update by the Ministry of Finance on VAT implementation in UAE

Ministry of Finance has initiated a series of VAT workshops and key points from the first session conducted are as follows: The effective date is 1st January 2018 as anticipated. 5% is the standard rate confirmed by the ministry. Established “Federal Tax Authority” and two tax laws Tax Procedure Law (for Governance) VAT Law (For […]

Value Added Tax training @HLB Hamt

                        With the announcement by the Ministry of Finance that VAT will be implemented in the UAE by 1st  January, 2018, companies are on a limited timeline to prepare for the first phase of VAT implementation in their business. HLB Hamt tax department have […]

HLB Hamt Wins The DMCC Best Consultant Awards 2017

Dubai Multi Commodities Centre (DMCC) Free Zone Authority, one of the most popular and prestigious Free Zone Authority of UAE has held “DMCC Consultant Awards 2017” in appreciation of the consultants support to DMCC and to recognize the top performing consultants during 2016. HLB Hamt take great pride to be recognised from DMCC as the […]

HLB Hamt Training On “Preparing for VAT Implementation In UAE” With Tax Expert Mr.Jozef Galea

HLB Hamt training on VAT “Preparing for VAT implementation in UAE ” with tax expert Mr. Jozef Galea from HLB Malta held at Dubai on 7th February 2017, attended by 70 finance professionals across UAE to understand its impact on the region and industry and to know the critical considerations for its successful implementation in […]



With the announcement of VAT being implemented in the GCC, countries are on a limited timeline to prepare for the first phase of VAT implementation by 1 January, 2018. As a result of this, a number of GCC countries have already made substantial progress on preparing their tax administration systems and focusing to develop their […]


HLB’s 2016 Asia Pacific Conference deemed a success

HLB’s 2016 Asia Pacific conference, hosted by AASC in Vietnam, brought together 60 attendees from the HLB network in Asia Pacific and the rest of the world, including new members from China, India, Sri Lanka and Mongolia. Non regional members also in attendance were from Boston, Toronto, Minneapolis and San Francisco, highlighting the business interest […]

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