Adepts Chartered Accountants

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Adepts Chartered Accountants Audit, Tax, & Advisory
Dedicated to solving problems and creating value.

We have been working for the last 15 years for multinational and large-scale organizations with a commitment to our core values to become a reliable and trustworthy partner for our clients.

The Dubai Financial Services Authority (DFSA) found that HAYMAN-WOODWARD had breached Article (1) of the Regulatory ...
19/10/2026

The Dubai Financial Services Authority (DFSA) found that HAYMAN-WOODWARD had breached Article (1) of the Regulatory #2004.



Under this law, a business classified as a Designated Non-Financial Business or Profession (DNFBP) cannot carry out certain activities in or from the Dubai International Financial Centre (DIFC) without registering with the DFSA.



Although Hayman-Woodward held a consultancy licence, it also helped clients set up companies and provided registered office and business addresses. These services fall under the category of a company service provider (CSP).

The company also had agreements with three outside the DIFC to help clients establish businesses. One of these agreements specifically described Hayman-Woodward as a DNFBP.

Learn more: https://taxadepts.com/dfsa-fines-hayman-woodward-dnfbp-violations-uae



๐‘ป๐’‰๐’† ๐‘ผ๐‘จ๐‘ฌ ๐’Š๐’” ๐’ƒ๐’‚๐’„๐’Œ๐’Š๐’๐’ˆ ๐’•๐’‰๐’† ๐’๐’†๐’™๐’• ๐’ˆ๐’†๐’๐’†๐’“๐’‚๐’•๐’Š๐’๐’ ๐’๐’‡ ๐’…๐’Š๐’ˆ๐’Š๐’•๐’‚๐’ ๐’Ž๐’†๐’…๐’Š๐’‚ ๐’‡๐’๐’–๐’๐’…๐’†๐’“๐’” ๐’˜๐’Š๐’•๐’‰ ๐’•๐’‰๐’† ๐’๐’‚๐’–๐’๐’„๐’‰ ๐’๐’‡ ๐’•๐’‰๐’† 100 ๐‘ซ๐’“๐’†๐’‚๐’Ž๐’” ๐’Š๐’๐’Š๐’•๐’Š๐’‚๐’•๐’Š๐’—๐’†.Spearheade...
16/10/2026

๐‘ป๐’‰๐’† ๐‘ผ๐‘จ๐‘ฌ ๐’Š๐’” ๐’ƒ๐’‚๐’„๐’Œ๐’Š๐’๐’ˆ ๐’•๐’‰๐’† ๐’๐’†๐’™๐’• ๐’ˆ๐’†๐’๐’†๐’“๐’‚๐’•๐’Š๐’๐’ ๐’๐’‡ ๐’…๐’Š๐’ˆ๐’Š๐’•๐’‚๐’ ๐’Ž๐’†๐’…๐’Š๐’‚ ๐’‡๐’๐’–๐’๐’…๐’†๐’“๐’” ๐’˜๐’Š๐’•๐’‰ ๐’•๐’‰๐’† ๐’๐’‚๐’–๐’๐’„๐’‰ ๐’๐’‡ ๐’•๐’‰๐’† 100 ๐‘ซ๐’“๐’†๐’‚๐’Ž๐’” ๐’Š๐’๐’Š๐’•๐’Š๐’‚๐’•๐’Š๐’—๐’†.

Spearheaded by the 1 Billion Followers Summit and the National Media Authority in partnership with Simon Squibb, ๐˜๐—ต๐—ถ๐˜€ $๐Ÿญ ๐—บ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป ๐—ณ๐˜‚๐—ป๐—ฑ ๐˜„๐—ถ๐—น๐—น ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ถ๐—ฑ๐—ฒ ๐Ÿญ๐Ÿฌ๐Ÿฌ ๐—ฎ๐˜€๐—ฝ๐—ถ๐—ฟ๐—ถ๐—ป๐—ด ๐—ฐ๐—ผ๐—ป๐˜๐—ฒ๐—ป๐˜ ๐—ฒ๐—ป๐˜๐—ฟ๐—ฒ๐—ฝ๐—ฟ๐—ฒ๐—ป๐—ฒ๐˜‚๐—ฟ๐˜€ ๐˜„๐—ถ๐˜๐—ต $๐Ÿญ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ ๐—ฒ๐—ฎ๐—ฐ๐—ต ๐˜๐—ผ ๐˜๐˜‚๐—ฟ๐—ป ๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ถ๐—ฑ๐—ฒ๐—ฎ๐˜€ ๐—ถ๐—ป๐˜๐—ผ ๐˜ƒ๐—ถ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐—ถ๐—ฒ๐˜€.

Beyond capital, selected creators will receive:

โžค Full support to establish their company in the UAE and obtain trade licences

โžค Dedicated mentorship and strategic business development

โžค Specialized training in digital media growth and monetization

โžค Entry into an exclusive six-week business accelerator following the summit

Applications open ๐๐จ๐ฏ๐ž๐ฆ๐›๐ž๐ซ ๐Ÿ๐ŸŽ ๐ฏ๐ข๐š ๐š ๐ฏ๐ข๐๐ž๐จ ๐ฉ๐ข๐ญ๐œ๐ก ๐๐ž๐ฆ๐จ๐ง๐ฌ๐ญ๐ซ๐š๐ญ๐ข๐ง๐  a business vision in the media and creator economy space. Funding distribution and showcases kick off during the ๐ฌ๐ฎ๐ฆ๐ฆ๐ข๐ญ ๐Ÿ๐ซ๐จ๐ฆ ๐‰๐š๐ง๐ฎ๐š๐ซ๐ฒ ๐Ÿ–โ€“๐Ÿ๐ŸŽ.

If you're building in the creator economy, this is a massive springboard to scale globally from the UAE.

๐—ฆ๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐—ถ๐—ฐ ๐—”๐—ฑ๐˜ƒ๐—ถ๐˜€๐—ผ๐—ฟ๐˜† ๐—ณ๐—ผ๐—ฟ ๐—ฆ๐—ฐ๐—ฎ๐—น๐—ถ๐—ป๐—ด ๐—˜๐—ป๐˜๐—ฒ๐—ฟ๐—ฝ๐—ฟ๐—ถ๐˜€๐—ฒ๐˜€

ADEPTS provides the rigorous financial and regulatory foundation required for media startups to achieve sustainable growth in the UAE.

Our comprehensive advisory services encompass strategic tax compliance, optimized corporate structuring, and robust financial governance. By navigating complex regulatory landscapes, we enable founders to mitigate risk and focus entirely on accelerating enterprise value.

The Gulfโ€™s role in global private capital is accelerating. The SuperReturn Middle East conference kicking off today in D...
13/10/2026

The Gulfโ€™s role in global private capital is accelerating. The SuperReturn Middle East conference kicking off today in Dubai brings together #500+ global LPs and GPs to discuss exactly what comes next.

Two major themes stand out from the agenda:

โžค The Trillion-Dollar Migration: How family offices are building out their direct investment and private credit capabilities here in the GCC.

โžค GIFT to DIFC: The strengthening of the world's fastest-growing capital corridor between India and Dubai.

It's an exciting time for financial infrastructure and cross-border business growth in the region.

ADEPTS is a leading professional services firm delivering strategic financial, tax, and technological solutions across the Middle East. We empower businesses through specialized expertise in corporate compliance, e-invoicing readiness, and In-Country Value optimization. Our integrated approach builds robust infrastructure to drive sustainable digital growth and operational excellence for our partners.

Visit us for business opportunities: taxadepts.com

Abu Dhabiโ€™s Authority of Social Contribution โ€“ Maโ€™an will train 150 people to turn home-based ventures into market-ready...
12/10/2026

Abu Dhabiโ€™s Authority of Social Contribution โ€“ Maโ€™an will train 150 people to turn home-based ventures into market-ready businesses through a new programme, My Family Innovates.

It was announced on 7 October 2026 as part of the UAE Year of the Family. For participants whose sales start to climb, the next question is regulatory: which licence applies, such as Tajer Abu Dhabi, and when VAT and Corporate Tax begin.

Learn more: https://taxadepts.com/maan-my-family-innovates-abu-dhabi

Growth in the capital has not stopped. It has slowed, and one category is racing ahead of everything else. ADRA Abu Dhab...
12/10/2026

Growth in the capital has not stopped. It has slowed, and one category is racing ahead of everything else. ADRA Abu Dhabi reported on 8 October 2026 that new economic licenses issued in H1 2026 rose 5% against the same period in 2025, while freelancer licenses surged 224%.

The Abu Dhabi Registration Authority (ADRA) is the arm of the Abu Dhabi Department of Economic Development (ADDED) that develops and regulates the business sector, so its figures show what founders are really doing. Planning Abu Dhabi mainland company formation? The numbers matter. So does the tax clock that starts once you are licensed.

Learn more: https://taxadepts.com/adra-abu-dhabi-reports-license-up

The UAEโ€™s ุงู„ู‡ูŠุฆุฉ ุงู„ุงุชุญุงุฏูŠุฉ ู„ู„ุถุฑุงุฆุจ - Federal Tax Authority (FTA) has clarified the countryโ€™s Domestic Minimum Top-up Ta...
12/10/2026

The UAEโ€™s ุงู„ู‡ูŠุฆุฉ ุงู„ุงุชุญุงุฏูŠุฉ ู„ู„ุถุฑุงุฆุจ - Federal Tax Authority (FTA) has clarified the countryโ€™s Domestic Minimum Top-up Tax (DMTT) rules, giving multinational groups clearer direction ahead of a key registration deadline. In its official announcement on 7 October 2026, the FTA explained which entities fall within the regime, who must register and when applications are due.

Learn more: https://taxadepts.com/slugdmtt-top-up-fta-tax-news

The ๐”๐€๐„ ๐ก๐š๐ฌ ๐ซ๐ž๐š๐œ๐ก๐ž๐ ๐š ๐ฌ๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐ž๐œ๐จ๐ง๐จ๐ฆ๐ข๐œ ๐ฆ๐ข๐ฅ๐ž๐ฌ๐ญ๐จ๐ง๐ž, ๐ž๐ง๐ญ๐ž๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ ๐Ÿ๐Ÿ“ of the World Intellectual Property Organizatio...
07/10/2026

The ๐”๐€๐„ ๐ก๐š๐ฌ ๐ซ๐ž๐š๐œ๐ก๐ž๐ ๐š ๐ฌ๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐ž๐œ๐จ๐ง๐จ๐ฆ๐ข๐œ ๐ฆ๐ข๐ฅ๐ž๐ฌ๐ญ๐จ๐ง๐ž, ๐ž๐ง๐ญ๐ž๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ญ๐จ๐ฉ ๐Ÿ๐Ÿ“ of the World Intellectual Property Organizationโ€™s (World Intellectual Property Organization โ€“ WIPO) Global Innovation Index for the first time. ๐€๐๐ฏ๐š๐ง๐œ๐ข๐ง๐  ๐Ÿ๐ข๐ฏ๐ž ๐ฉ๐ฅ๐š๐œ๐ž๐ฌ ๐ญ๐จ ๐ซ๐š๐ง๐ค ๐Ÿ๐Ÿ“๐ญ๐ก ๐จ๐ฎ๐ญ ๐จ๐Ÿ ๐Ÿ๐Ÿ‘๐Ÿ— ๐ž๐œ๐จ๐ง๐จ๐ฆ๐ข๐ž๐ฌ, this achievement underscores a successful structural shift toward a knowledge-based economy driven by targeted policy and strategic investment.

Key insights from the 2026 Index include:

โžค Global Leadership: T๐ก๐ž ๐”๐€๐„ ๐ซ๐š๐ง๐ค๐ฌ ๐Ÿ๐ฌ๐ญ ๐ ๐ฅ๐จ๐›๐š๐ฅ๐ฅ๐ฒ ๐ข๐ง ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ข๐ง๐๐ข๐œ๐š๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐  ๐„๐ง๐ญ๐ซ๐ž๐ฉ๐ซ๐ž๐ง๐ž๐ฎ๐ซ๐ฌ๐ก๐ข๐ฉ ๐๐จ๐ฅ๐ข๐œ๐ข๐ž๐ฌ ๐š๐ง๐ ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐Ÿ๐จ๐ซ ๐’๐ญ๐š๐ซ๐ญ๐ฎ๐ฉ๐ฌ ๐š๐ง๐ ๐’๐œ๐š๐ฅ๐ž๐ฎ๐ฉ๐ฌ.

โžค Technological Output: The value of the nation's high-tech exports surged ๐›๐ฒ ๐Ÿ‘๐Ÿ”.๐Ÿ‘๐Ÿ“% ๐ฒ๐ž๐š๐ซ-๐จ๐ง-๐ฒ๐ž๐š๐ซ, ๐ซ๐ž๐š๐œ๐ก๐ข๐ง๐  ๐š๐ฉ๐ฉ๐ซ๐จ๐ฑ๐ข๐ฆ๐š๐ญ๐ž๐ฅ๐ฒ $๐Ÿ”๐Ÿ–.๐ŸŽ๐Ÿ“ ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2024.

โžค Digital & Creative Growth: The UAE secured the ๐Ÿ•๐ญ๐ก ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ ๐ฅ๐จ๐›๐š๐ฅ๐ฅ๐ฒ ๐ข๐ง ๐ฆ๐จ๐›๐ข๐ฅ๐ž ๐š๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ ๐š๐ง๐ ๐ซ๐š๐ง๐ค๐ฌ ๐Ÿ”๐ญ๐ก ๐ข๐ง ๐›๐ซ๐š๐ง๐ ๐ฏ๐š๐ฅ๐ฎ๐ž ๐š๐ฆ๐จ๐ง๐  ๐ญ๐ก๐ž ๐ฐ๐จ๐ซ๐ฅ๐'๐ฌ ๐ญ๐จ๐ฉ ๐Ÿ“,๐ŸŽ๐ŸŽ๐ŸŽ ๐›๐ซ๐š๐ง๐๐ฌ.

โžค Regional Prominence: The country now ๐ซ๐š๐ง๐ค๐ฌ ๐Ÿ๐ง๐ ๐š๐ฆ๐จ๐ง๐  ๐ž๐œ๐จ๐ง๐จ๐ฆ๐ข๐ž๐ฌ ๐ข๐ง ๐๐จ๐ซ๐ญ๐ก๐ž๐ซ๐ง ๐€๐Ÿ๐ซ๐ข๐œ๐š ๐š๐ง๐ ๐–๐ž๐ฌ๐ญ๐ž๐ซ๐ง ๐€๐ฌ๐ข๐š, ๐š๐ง๐ ๐Ÿ๐Ÿ’๐ญ๐ก ๐š๐ฆ๐จ๐ง๐  ๐ก๐ข๐ ๐ก-๐ข๐ง๐œ๐จ๐ฆ๐ž ๐ž๐œ๐จ๐ง๐จ๐ฆ๐ข๐ž๐ฌ worldwide.

At ADEPTS, we provide the foundational advisory, audit, and tax compliance services that organizations require to navigate this dynamic market.

By ensuring rigorous financial governance and strategic risk management, we help enterprises scale securely and capitalize on the UAE's innovation-driven growth.

Visit us for investment opportunities: taxadepts.com

The Dubai Financial Services Authority (Dubai Financial Services Authority (DFSA)) has fined Vault Wealth Limited USD #...
05/10/2026

The Dubai Financial Services Authority (Dubai Financial Services Authority (DFSA)) has fined Vault Wealth Limited USD #109,200 (about AED #401,000) for carrying on financial services in or from the Dubai International Financial Centre (DIFC) without DFSA authorisation.

The regulator announced the penalty on 1 October 2026.

Learn more: https://taxadepts.com/dfsa-fines-vault-wealth-unauthorised-difc-activity-uae

02/10/2026

ADEPTS | Title Partner of CFO Connect Dubai 2026

At the CFO Connect Dubai 2026 Summit, ADEPTS Chairman & Managing Partner Muhammad Aaliyan Ibrahim moderated a critical panel examining the role of CFOs in M&A, Investments, and Strategic Transactions.

The session featured robust cross-industry insights from our esteemed panellists: Muhammad Abrar (ES GLOBAL Holding), Chandra Vikram Prahladka (Choithrams), and Khaled Ahmed (Saudi German Health UAE).

The dialogue addressed the expanding mandate of financial leadershipโ€”shifting from traditional oversight to driving strategic decisions, evaluating complex transactions, mitigating risk, and executing post-deal value creation.

The ADEPTS delegation, led by our Managing Partner, included team members Vikash Bhuwania, Hafiz Waqas Shehzad FCA-ICAP, BFP, ICAEW, Fellow EAAA, FTA Tax Agent , and Faizan Abbasi, underscoring the firmโ€™s commitment to the regional finance ecosystem.

We extend our appreciation to the panellists for sharing their frontline experiences, and to the organizing team at Biz Millennium for convening such a strong, collaborative finance community.

๐€๐›๐ฎ ๐ƒ๐ก๐š๐›๐ขโ€™๐ฌ ๐ซ๐ž๐š๐ฅ ๐ž๐ฌ๐ญ๐š๐ญ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐œ๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ž๐ฌ ๐ญ๐จ ๐ ๐š๐ข๐ง ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ซ๐ž๐œ๐จ๐ ๐ง๐ข๐ญ๐ข๐จ๐ง ๐š๐ฌ ๐ญ๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ, ๐ซ๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฒ ๐š๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ, ๐š๐ง๐ ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐จ...
29/09/2026

๐€๐›๐ฎ ๐ƒ๐ก๐š๐›๐ขโ€™๐ฌ ๐ซ๐ž๐š๐ฅ ๐ž๐ฌ๐ญ๐š๐ญ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐œ๐จ๐ง๐ญ๐ข๐ง๐ฎ๐ž๐ฌ ๐ญ๐จ ๐ ๐š๐ข๐ง ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ซ๐ž๐œ๐จ๐ ๐ง๐ข๐ญ๐ข๐จ๐ง ๐š๐ฌ ๐ญ๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ, ๐ซ๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฒ ๐š๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ, ๐š๐ง๐ ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐จ๐ซ-๐Ÿ๐จ๐œ๐ฎ๐ฌ๐ž๐ ๐ข๐ง๐ข๐ญ๐ข๐š๐ญ๐ข๐ฏ๐ž๐ฌ ๐ซ๐ž๐ฌ๐ก๐š๐ฉ๐ž ๐ญ๐ก๐ž ๐ฌ๐ž๐œ๐ญ๐จ๐ซ.

According to JLLโ€™s 2026 Global Real Estate Transparency Index (GRETI), Abu Dhabi improved from #41 to #33 globally, reflecting progress in market transparency, digital data availability, regulatory frameworks, and institutional confidence.

As the real estate sector evolves, investors and businesses require reliable financial insights, regulatory clarity, and strategic guidance to identify opportunities and manage risks effectively.

At ADEPTS, we support investors, developers, and organisations in navigating the UAEโ€™s dynamic business environment through integrated advisory solutions, including financial due diligence, valuation, audit and assurance, corporate tax, transaction advisory, and business structuring.

Our multidisciplinary expertise enables stakeholders to make informed decisions, enhance compliance, and create sustainable value in one of the regionโ€™s fastest-growing investment markets.

Visit us for investment opportunities: taxadepts.com

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Abu Dhabi

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