Geek Numbers

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Geek Numbers Accounting service provider and Tax Consultant in the UAE

15/09/2026

Client entertainment is deductible, but only half of it.
Article 32 of Federal Decree-Law 47 of 2022 allows 50% of entertainment, amusement and recreation expenditure where it is incurred wholly and exclusively for the business.
Spend AED 100,000 entertaining clients and AED 50,000 of it reduces your taxable income.
The other half is just dinner, which is fine, as long as you knew that going in.

For more information, please contact us at [email protected].

14/09/2026

Invoice in a foreign currency and the VAT still has to be shown in dirhams, converted at the UAE Central Bank rate for the date of supply. Not the invoice date, not the date they paid, and not whatever your banking app happened to show. You are also expected to use the published rate to every decimal place it is published at, without rounding, and to show the rate you used on the invoice. Small on one invoice. Not small across a year of them.

For more information, please contact us at [email protected].

13/09/2026

Using one account for the business and the shopping feels like a shortcut, and it is, right up until somebody has to separate twelve months of it line by line.

That is not a tax problem, it is an hours problem, and the hours are billed.

Open the second account. It is the cheapest thing you will do this year.

For more information, please contact us at [email protected].

12/09/2026

Splitting a business in two so each half sits under the AED 3 million Small Business Relief threshold is a plan that has already been thought of.

Where the FTA finds an artificial separation it adds the revenue back together, the relief goes, and penalties follow.

If your structure has a commercial reason, it is fine. If its only reason is the threshold, it is not.

For more information, please contact us at [email protected].

11/09/2026

Every mainland and commercial free zone company in the UAE has to keep a register of its beneficial owners, and it is not the same thing as the shareholder list held at the licensing authority.

It has to exist within sixty days, and changes have to be filed within fifteen.

First failures usually draw a warning. Repeat ones do not.

For more information, please contact us at [email protected].

10/09/2026

Petty cash is the easiest thing in the business to stop recording and the hardest to reconstruct.

Nobody remembers what the AED 40 was for eight months later, and the answer is rarely nothing.

For more information, please contact us at [email protected].

09/09/2026

Spreadsheets are not the enemy.

Most good bookkeeping starts as one.

The question is only whether it reconciles to the bank, because a spreadsheet that does not is a record of what you meant to happen rather than what did.

For more information, please contact us at [email protected].

08/09/2026

Unpaid invoices do not age gracefully.

The ones that get paid are the ones somebody chases, and the ones nobody chases quietly become the reason a profitable business runs out of cash.

Knowing which is which is a bookkeeping job, not a sales one.

For more information, please contact us at [email protected].

07/09/2026

Nobody falls a year behind on purpose.

It happens one reasonable month at a time, and each month the catching up costs a little more than it would have.

An hour now is genuinely an hour.

An hour in September is a day.

For more information, please contact us at [email protected].

06/09/2026

Every business has the drawer.

Receipts, a bank letter, something from the licensing authority, a pen that does not work.

The drawer is not the problem. The problem is that the drawer is the only copy, and nobody has opened it since March.

For more information, please contact us at [email protected].

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Dubai

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