Flyingcolour Accounting & VAT Services

Flyingcolour Accounting & VAT Services The One Stop Shop to outsource all your Accounting, VAT consultancy, registration and Filing.

We provide easy access to qualified bookkeepers and accounting professionals, without you ever having to hire them.

The "Carry Forward" era is officially over. πŸ›‘πŸ’Έ2026 has brought a major "Reset" to the UAE Tax landscape. If you've been ...
22/07/2026

The "Carry Forward" era is officially over. πŸ›‘πŸ’Έ

2026 has brought a major "Reset" to the UAE Tax landscape. If you've been carrying forward VAT credits from 2021 without claiming a refund, your time is running out. Under the new Federal Decree-Law No. 17, credits more than five years old will now expire permanently.

But it's not all about deadlines. The new R&D Tax Credit is finally here, offering up to 50% back on your innovation costs. At Flying Colour Tax, we don't just help you comply; we help you recover what’s yours before the clock hits zero.

Is your business sitting on expiring credits? Swipe back to see the 5-year rule and
DM "TAX" to secure your 2026 health check. πŸ‘‡

If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved
πŸ“ž +971 44542366
πŸ“ž +971 55 4413566
🌐 www.flyingcolourtax.com
πŸ“§ [email protected]

πŸ“© Stay compliant. Stay stress-free.

The UAE's e-invoicing transformation has officially begun, and businesses that prepare early will have a much smoother t...
20/07/2026

The UAE's e-invoicing transformation has officially begun, and businesses that prepare early will have a much smoother transition. From understanding your implementation phase to selecting the right Accredited Service Provider (ASP), every step matters.

With this You will get to know:
What UAE e-invoicing really means
Who needs to comply and when
The key implementation deadlines
How to prepare your accounting systems
The risks of delaying compliance

Waiting until the last minute could lead to penalties, payment delays, and unnecessary business disruption. Start preparing now so your business stays compliant and future-ready.

Need expert guidance? Flying Colour Tax can help you assess your readiness, identify the right compliance path, and support your transition to UAE e-invoicing.

If you’re unsure where to start, we’re here to help.

TAN: 30008296 | FTA Approved
πŸ“ž +971 44542366
πŸ“ž +971 55 4413566
🌐 www.flyingcolourtax.com
πŸ“§ [email protected]
πŸ“© Stay compliant. Stay stress-free.

Exiting a Tax Group? Your VAT obligations don't end there.The FTA has issued Directive on Tax Transactions No. 2 of 2026...
16/07/2026

Exiting a Tax Group? Your VAT obligations don't end there.

The FTA has issued Directive on Tax Transactions No. 2 of 2026, addressing VAT adjustments after a registrant exits a Tax Group, effective 1 August 2026.

If your business leaves a Tax Group but stays VAT-registered, any outstanding adjustments to previously declared supplies or recovered input tax must now be reflected in your own returns.

What this means for you:
Review adjustments tied to your time in a Tax Group
Keep supporting documentation ready
Align your VAT return process before the deadline
Consult your tax advisor if this applies to you
Being proactive now avoids compliance gaps later.

πŸ“© Get VAT-Ready. Talk to Flying Colour Tax today.

If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved

πŸ“ž +971 44542366
πŸ“ž +971 55 4413566
🌐 www.flyingcolourtax.com
πŸ“§ [email protected]
πŸ“© Stay compliant. Stay stress-free.

15/07/2026

What if your 0% Corporate Tax benefit disappears years later?

Many businesses assume that once they qualify as a Qualifying Free Zone Person (QFZP), the tax benefit is guaranteed. But what happens if an FTA audit later determines that your company no longer meets the qualifying conditions?

In this podcast, we discuss how a future audit could potentially affect your tax position, why maintaining compliance is just as important as obtaining the benefit, and the financial consequences businesses should be aware of.

Watch the full conversation on our YouTube Channel to understand the risks, protect your business, and avoid costly surprises.

Do you think businesses focus enough on ongoing compliance after obtaining tax benefits? Share your thoughts in the comments.

If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved
πŸ“ž +971 44542366
πŸ“ž +971 55 4413566
🌐 www.flyingcolourtax.com
πŸ“§ [email protected]

πŸ“© Stay compliant. Stay stress-free.

πŸ“’ DMCC Companies, Have You Checked Your Audit Submission Deadline?The standard audit submission deadline may have been 3...
06/07/2026

πŸ“’ DMCC Companies, Have You Checked Your Audit Submission Deadline?

The standard audit submission deadline may have been 30 June 2026, but many DMCC companies have received an extension until September 2026.

Before assuming your deadline has passed, log in to your DMCC Portal and verify the audit submission date assigned to your company.

Submitting your audit report on time helps you stay compliant and avoid unnecessary penalties or administrative delays.

Need assistance with your DMCC audit submission? Flying Colour is here to help. πŸ“©

If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved
πŸ“ž +971 44542366
πŸ“ž +971 55 4413566
🌐 www.flyingcolourtax.com
πŸ“§ [email protected]

πŸ“© Stay compliant. Stay stress-free.

The UAE is moving toward a smarter, digital tax ecosystem!  E-Invoicing is no longer just a concept, it’s the future of ...
04/07/2026

The UAE is moving toward a smarter, digital tax ecosystem! E-Invoicing is no longer just a concept, it’s the future of business transparency. By shifting to a Clearance-Based Model, the UAE is aligning with global best practices to make VAT compliance faster and more accurate.
Is your business ready for the next big VAT shift? Don't wait for the deadline to adapt.
Swipe to understand how this structured digital format will streamline your operations. πŸ“²
If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved
πŸ“ž +971 44542366
πŸ“ž +971 55 4413566
🌐 www.flyingcolourtax.com
πŸ“§ [email protected]

πŸ“© Stay compliant. Stay stress-free.

Your VAT recovery just got a "Due Diligence" upgrade. πŸ›‘οΈπŸ” 2026 has introduced the most aggressive "Anti-Evasion" rules i...
22/06/2026

Your VAT recovery just got a "Due Diligence" upgrade. πŸ›‘οΈπŸ”

2026 has introduced the most aggressive "Anti-Evasion" rules in UAE history. It’s no longer enough to have a valid invoice. Under the new Federal Decree-Law No. 17, the FTA can deny your input tax if they find your supplier was connected to tax evasion, and you "should have known."

At Flying Colour Tax, we’re moving beyond simple filing. We help you implement Vendor Due Diligence frameworks to protect your cash flow from supplier-linked rejections and the new 15-year audit lookback.

Are you 100% sure your suppliers are compliant? Swipe back to see the "Knew or Should Have Known" rule. πŸ‘‡

If you’re unsure where to start, we’re here to help.

TAN: 30008296 | FTA Approved
πŸ“ž +971 44542366
πŸ“ž +971 55 4413566
🌐 www.flyingcolourtax.com
πŸ“§ [email protected]

πŸ“© Stay compliant. Stay stress-free.

The "Flat Tax" Era for Sweetened Drinks is officially OVER. πŸ₯€πŸ“‰Starting January 1, 2026, the UAE has transitioned from a ...
19/06/2026

The "Flat Tax" Era for Sweetened Drinks is officially OVER. πŸ₯€πŸ“‰

Starting January 1, 2026, the UAE has transitioned from a flat 50% tax to a sophisticated, tiered sugar-based system. For manufacturers and retailers, your pricing strategy just got a lot more technical.

The Breakdown: 🟒 Low Sugar (

Is your business still compliant? πŸ›‘January 2026 brings major updates to VAT and Corporate Tax rules in the UAE. Most imp...
11/06/2026

Is your business still compliant? πŸ›‘
January 2026 brings major updates to VAT and Corporate Tax rules in the UAE. Most importantly: If you have unclaimed VAT credits from 2020 or 2021, you are entering the final window to claim them before they are gone forever.
At Flyingcolour, we’ve been helping businesses navigate these waters since 2004. We know the rules so you don't have to.
Review your historical balances today before they are forfeited. πŸ“Š

09/06/2026

If you are planning to start a business in Dubai with a turnover under AED 3 million, this deadline directly affects you. ⏳🚨

Under the FTA Small Business Relief, you pay 0% corporate tax regardless of your profit. No conditions on how much you earn, just your turnover staying under AED 3 million. πŸ’°

But here is the catch most people are not aware of, this benefit is only available until December 2026. And if you think you still have time, here is the math. πŸ“‹

UAE requires a minimum of 6 months for a company's financial year to qualify for the 2026 tax filing. That means your company must be registered before 30th June 2026, which is right now. πŸ—“οΈ
Miss June 30th and you lose the 0% tax benefit for the entire year. πŸ’‘

The window is closing fast and approved slots are filling up. Don't let a missed deadline cost you a full year of tax exemption. 🎯

DM us today or contact Flyingcolour and let's get your Dubai business registered before the clock runs out. πŸ‘‡

If you’re unsure where to start, we’re here to help.
TAN: 30008296 | FTA Approved
πŸ“ž +971 44542366
πŸ“ž +971 55 4413566
🌐 www.flyingcolourtax.com
πŸ“§ [email protected]

πŸ“© Stay compliant. Stay stress-free.

Address

2608-09, Concord Tower, Dubai Media City
Dubai

Opening Hours

Monday 09:00 - 18:00
Wednesday 09:00 - 18:00
Thursday 09:00 - 18:00
Friday 09:00 - 18:00
Saturday 09:00 - 18:00

Alerts

Be the first to know and let us send you an email when Flyingcolour Accounting & VAT Services posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Flyingcolour Accounting & VAT Services:

Share