Muhammed Nihal is a Finance and Accounting Professional at Legacy Partners, with over three years of experience in accounting, auditing, taxation, consulting, and cost management. He is a CMA Finalist from the Institute of Cost Accountants of India (ICMAI) and holds a Bachelor of Commerce (B.Com) degree from the University of Delhi.
He has worked with businesses across various industries, assisting them in financial reporting, bookkeeping, taxation, VAT compliance, costing analysis, internal controls, and business advisory services. His expertise enables organizations to strengthen financial governance, maintain regulatory compliance, and improve operational efficiency through effective financial management and strategic decision-making.
Muhammed is committed to helping businesses build strong financial foundations, optimize costs, enhance profitability, and achieve sustainable growth by delivering practical accounting, taxation, and advisory solutions tailored to their business objectives.
Aug 12, 2026
The UAE Top-Up Tax framework continues to evolve, with FTA Decision No. 12 of 2026 providing greater clarity on registration, deregistration, notifications, and other administrative requirements for qualifying MNE groups. Businesses should assess their scope, compliance status, and obligations to ensure they remain aligned with the UAE’s evolving tax framework.
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Aug 03, 2026
The UAE has introduced a statutory framework for mainland non-profit companies through Federal Decree-Law No. 20 of 2025. For the first time, social enterprises, philanthropic organisations, ESG initiatives, and industry associations can establish an onshore legal entity with a clear non-distribution principle. Learn how the new structure works, who can benefit, the key compliance requirements, and the steps to incorporate a mainland non-profit company in the UAE.
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Jul 29, 2026
Salik tolls and Parkin parking services are now subject to 5% VAT in the UAE. Learn what changed from 1 June 2026 and how it affects VAT recovery, fleet costs, and business compliance.
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Jul 22, 2026
The UAE FTA has opened Pillar Two Top-up Tax registration on EmaraTax for qualifying multinational groups. Learn who needs to register, the 15% minimum tax rule, key deadlines, ETR requirements, and how to prepare for UAE Pillar Two compliance.
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Jul 18, 2026
The UAE FTA has updated its Corporate Tax Guide on Family Foundations, clarifying the tax treatment of foundations, SPVs, family offices, asset transfers, and multi-tier structures.
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Jul 14, 2026
The UAE Ministry of Finance has released Version 1.1 of the E-Invoicing Guidelines, clarifying record retention, Accredited Service Provider duties, advance payment invoicing, and contractual retentions. It doesn't change the mandate's scope or timeline, but it gives businesses the operational clarity needed to prepare before the July 2026 pilot begins.
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Jul 13, 2026
The OECD has proposed key revisions to Chapter VII of the Transfer Pricing Guidelines, tightening how intra-group services must be delineated, priced, and documented. Here's what the changes mean for multinational groups and how to prepare before the final guidance takes effect
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Jul 09, 2026
As your UAE business grows, so do its financial challenges. Learn when a Virtual CFO becomes essential and how strategic financial leadership drives sustainable growth.
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Jul 04, 2026
Dubai has introduced a major regulatory reform allowing eligible free zone companies to operate in mainland Dubai without establishing a separate mainland entity. Under Executive Council Decision No. 11 of 2025, businesses can expand through licensed branches or temporary permits while remaining compliant with licensing, corporate tax, and accounting requirements
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