Redbond & Co Accountants

If your company’s financial year ends 31 December 2024, your first Corporate Tax return is due September 2025.

But don’t leave it until the last minute - there’s groundwork to be done:

Reviewing deductible expenses

Reviewing your Free Zone eligibility

Assessing your tax group setup

The earlier you get on top of it, the fewer surprises you’ll face.

Have questions? Ask your accountant now - not in August.

A client once asked me, "Is there a legal way I can move £400,000 from my UK company to my Dubai account without getting hammered by tax?"

The answer was yes - but it took planning.

We worked with UK and UAE advisors to navigate dividend rules, tax residency status, and corporate structure.

It took time, but he moved the money cleanly - and used it to grow his business here.

💬 Moral of the story: If you want to move big money, do it right.

Please don’t cry when you have FOMO (fear of missing out) because you didn’t grab the last few tickets remaining to our and evening socials this month. 😢

Our next events are not until January… so you won’t want to miss these!

What makes us different from other networking events…. 🤔

We don’t just have hustlers we have ! ❤️

We are about integrity, honesty, positive vibes and uplifting each other!

I’m thrilled to announce that our November sponsors are the ultimate and will be sharing their business journey at our events this month!

Ali Legal - Your Full Service Law firm based in London delivering exceptional service!

Redbond & Co Accountants - Your go to accountancy firm in the UAE and globally offering as range of consultancy services.

ae - Your one stop shop for crypto education.

Our November event dates:

📍 Thursday, 20th November – Tattu Manchester (UK)
🕖 7:00 PM – 10:00 PM

📍 Thursday, 27th November – Five Iron Golf, Dubai
🕖 7:00 PM – 10:00 PM

Join our community and secure your tickets or membership now at 👉 www.theglobalpartnership.com (link in bio)

We can’t wait to see you there! 🎉

Not all overheads are obvious.

Many business owners think their rent and staff are their biggest costs. But in Dubai, warehousing can quietly eat into your margins - especially if your goods sit still longer than they should.

I recently worked with a client who shaved thousands off their annual costs by rethinking storage, rotation, and logistics.

With rental rates rising in certain Free Zones, now’s a good time to revisit your overhead strategy.

💬 Are there costs in your business you’ve stopped questioning?

With more businesses operating internationally, and legal structuring becoming more complex, the line between legal advice and tax planning is getting thinner.

I’ve been in more joint client meetings with legal professionals this year than ever before -and it's a great thing.

It helps clients make faster, more informed decisions - and ensures they’re protected on both fronts.

If you’re still keeping your legal and accounting advice separate, you might be missing a trick.

Dubai is tightening its financial regulation frameworks, especially around anti-money laundering and beneficial ownership.

If you’re an SME operating here, you may now be required to file UBO (Ultimate Beneficial Ownership) reports - even if your structure seems straightforward.

I’ve had more clients asking questions about this in the past month than the entire last year.

If you're unsure whether this applies to your business, don’t wait until you’re fined.

DM me or speak to your accountant.

While the UAE remains tax-friendly compared to many countries, that doesn’t mean you’re off the hook.

With the introduction of Corporate Tax and increased scrutiny on Free Zone companies, many businesses are being caught out - not because they’re dishonest, but because they misunderstood the rules.

The reality? Compliance matters more than ever, and assumptions are dangerous.

✅ If you're unsure about your setup, get it checked. It's better to be prepared than penalised.

What happens when your clients are global, but your accounting system isn’t?

For many expat-led businesses in Dubai, the challenge isn’t attracting clients - it’s managing them across borders.

Currency conversions, tax compliance across jurisdictions, and even cultural expectations can turn accounting into a full-time job.

I recently helped a Dubai-based client integrate a cross-border accounting system that simplified everything from VAT filing to payroll - even while operating teams in 3 countries.

For those scaling internationally, make sure your systems grow with you.

💬 Are your accounting systems ready to go global?

You don’t see this everyday.

The Dubai Land Department has become the first government entity in the world to adopt blockchain for its transactions.
Dubai Land Department

What does that mean in practice? Lease registrations, contract records, even utility links are now handled through a blockchain network. Instant, transparent, and far harder to tamper with.
Dubai Land Department

For me, this is huge - not just as a tech fan, but from a business/accounting perspective.

➡️ The writing’s on the wall: property, titles, and real estate data will increasingly demand digital proof.
➡️ You’ll want your accountants, auditors, and legal teams able to trace things on-chain.
➡️ Tokenised real estate now feels less futuristic and more business‑as‑usual.

If you’re in real estate, proptech, or advising clients in those areas, don’t sleep on this. The world of property ownership is shifting - and fast.

Arada, a UAE developer, issued a $450 million Islamic bond (sukuk) that was oversubscribed by 4x. - The Times of India

That tells you something about investor confidence in Dubai even amid macro uncertainty.
As someone serving SME clients and investors, this shows:

Capital is still flowing to projects with credibility

Financing conditions may become more competitive

It’s a reminder to keep your books rock solid if you plan to tap debt markets

Dubai’s 100‑Year Drainage Project: What It Means for Business Resilience

Dubai has just approved a 100‑year deep‑tunnel drainage system to combat extreme flooding.
The Times of India

This isn’t just an infrastructure story - it’s a signal of how seriously the city is preparing for climate change.
From a business perspective:

Expect stricter building guidelines and regulatory oversight.

Real estate and development companies will need to adapt.

Insurance premiums may change.

It’s a chance for green tech and smart infrastructure providers to win work.