Nair & Nelliyatt Chartered Accountants

09/09/2026

VAT doesn't have to be complicated.
Value Added Tax (VAT) is an important part of doing business in the UAE, but managing registrations, return filings, and compliance can quickly become overwhelming.
NNCA helps businesses handle every stage of VAT - from registration and filing to advisory and compliance reviews - so you stay compliant and avoid unnecessary penalties while focusing on growing your business.

08/09/2026

Setting up a company in Dubai still raises one question for many foreign investors: do you need a local sponsor? The short answer is — it depends. A local sponsor is not an investor in your business. They are a UAE national, or a company owned by UAE nationals, who act as the local legal representative for certain mainland structures. In some cases they still hold 51% on paper, while you keep operational and financial control through proper legal agreements. After the 2021–2022 changes to the Commercial Companies Law, 100% foreign ownership is now allowed in most sectors. A sponsor is still required for some mainland activities, especially trading, retail, and businesses that need import/export licences.
Read the full blog to understand who a local sponsor is, when you actually need one, and how to protect your control of the company:

Do you need Local Sponsors in Dubai Company Formation? Is 100% foreign company formation allowed? Read to know!

31/08/2026

Did You Know?
Did you know that under the UAE's Federal Decree-Law No. 33 of 2025 Regarding the Regulation of Capital Markets, a broad range of financial activities cannot be carried out without approval from the Securities and Commodities Authority (SCA)?
The law covers activities such as brokerage, investment fund management, financial advisory, custody services, virtual asset-related services, crowdfunding platforms, underwriting, and more. Entities engaging in these activities must obtain the appropriate license or approval from the Authority.

What protections does the law provide?
Client funds and securities must be segregated from a licensed firm's own assets.
Client assets remain protected and do not form part of the licensed entity's assets in the event of bankruptcy or liquidation.
The Authority has extensive enforcement powers, including imposing fines, suspending activities, revoking licenses, and taking action against unlicensed operators.

Why does this matter?
Federal Decree-Law No. 33 of 2025 strengthens investor protection, enhances confidence in the UAE's capital markets, and reinforces the country's commitment to a transparent and well-regulated financial ecosystem.

24/08/2026

Why do some businesses generate good revenue but still struggle with cash flow?
Because profit and cash flow are not the same thing.
A business can be making sales and showing profits on paper while facing cash shortages due to delayed customer payments, high operating expenses, excess inventory, or poor financial planning.
Understanding where cash is coming from and where it is going is essential for making informed business decisions. Regular financial reviews can help identify potential gaps before they become major challenges.
Businesses that monitor cash flow consistently are often better equipped to manage growth, handle unexpected expenses, and maintain financial stability.

17/08/2026

📢 We’re Hiring in Dubai! 🇦🇪

Nair & Nelliyatt Chartered Accountants is expanding its team and looking for talented professionals to join us.

Open Positions:

1️⃣ Chartered Accountant – Audit & Tax 🧾

Qualified Indian CA (ICAI) with strong experience in Audit, IFRS, UAE Corporate Tax & VAT.

Ideal for someone who can independently manage client engagements, lead a team, and deliver high-quality work.

2️⃣ Admin & Telecaller 📞

Confident and organized professional (Indian / Filipino preferred) to handle office administration, client follow-ups, cold calling, and executive support.

If you’re detail-oriented, proactive, and ready to grow with a professional firm in Dubai, we’d love to hear from you. 🚀

How to Apply:

📩 Send your updated CV to [email protected]

• Subject for CA role: Application – Chartered Accountant (Audit & Tax)

• Subject for Admin role: Application – Admin & Telecaller

Join a growing team that values professionalism, ownership, and quality. 🌟

10/08/2026

Fraud doesn't always leave obvious signs. Sometimes, the answers lie hidden within financial records, transactions, and documentation.

Forensic Audit Services help organizations investigate suspected fraud, financial irregularities, and misconduct through a detailed examination of accounting records and supporting evidence. Whether it's financial manipulation, payment fraud, inventory theft, forged documents, or misuse of funds, a forensic audit can help uncover the facts and support legal proceedings when required.

Beyond investigation, forensic audits also help businesses identify weaknesses in their internal controls and implement safeguards that reduce the risk of future fraud.

At Nair & Nelliyatt, we assist businesses in identifying risks, uncovering discrepancies, and strengthening their financial governance through professional forensic audit services.

30/07/2026

UAE e-Invoicing is moving closer to implementation. Is your finance function ready?

For many businesses, e-Invoicing may look like a technology change. In reality, it is just as much an accounting, tax, and process-readiness exercise.

As the UAE moves ahead with e-Invoicing, businesses should start reviewing whether their invoicing processes are ready for the shift. That includes checking invoice data quality, tax information, workflow controls, system readiness, and the link between invoicing, accounting records, and VAT reporting.

This is about meeting a compliance requirement and also an opportunity to improve invoicing discipline, reduce manual gaps, and strengthen finance processes.

At Nair & Nelliyatt, we believe e-Invoicing readiness should be approached as a finance priority, not just an IT project.

24/07/2026

Is your business cash working hard enough?

UAE banks are raising deposit rates - making this the perfect time to review how your surplus cash is managed.

Many businesses leave idle funds in low-yield current accounts, missing opportunities to earn better returns while maintaining liquidity.

Ask yourself:
• Is excess cash earning enough?
• Does your treasury strategy still fit your business?
• Is your cash supporting growth?

Higher deposit rates aren’t just banking news - they’re a finance strategy opportunity.

At Nair & Nelliyatt, our CFO & Finance Advisory team helps businesses optimize cash flow, strengthen treasury management, and make surplus cash work smarter.

Review your treasury today. Your cash should be earning more.

20/07/2026

At first glance, zero-rated supplies and VAT-exempt supplies may seem like the same thing. After all, no VAT is charged to the customer in either case.
But for businesses, the difference can have a significant impact on VAT recovery, registration requirements, and overall compliance.
Can you recover VAT on related expenses? Do you need to register for VAT? What happens if a transaction is classified as out of scope?
These are questions that many businesses get wrong, often leading to missed opportunities or compliance risks.
In our latest blog, we break down the differences between zero-rated, exempt, and out-of-scope supplies in the UAE, with practical examples and key considerations for businesses.
Read this blog to know everything:

Still think zero rated supplies in UAE ? Know everything about VAT exemption UAE & how they impact your business.

13/07/2026

Corporate Tax is no longer just a compliance requirement - it's an important part of how businesses plan, operate, and grow in the UAE. From registration and assessment to filing and ongoing compliance, navigating corporate tax obligations requires a clear understanding of the regulations and their impact on your business.
At Nair & Nelliyatt, we help businesses manage their Corporate Tax requirements with practical guidance and professional support, ensuring compliance while helping them make informed financial decisions.
Whether you're a startup, SME, or established enterprise, having the right tax strategy in place can help you stay focused on growth while meeting regulatory expectations.