Latest news with #NimishGoel
Khaleej Times
22-07-2025
- Business
- Khaleej Times
Dhruva expands operations in UAE to support SMEs with robust tax framework
Dhruva Advisors, a leading tax consultancy firm in the GCC, has expanded its footprint in the UAE with the opening of its third office in the region and second in Dubai at Emaar Square, Downtown Dubai. Since its entry into the UAE in 2017, Dhruva's Middle East practice helmed by Partner and Head of GCC, Nimish Goel has grown from a 15-member team to over 130 professionals today. The firm has played a vital role in steering organisations through major regulatory changes such as the rollout of VAT, the implementation of Corporate Tax, and the introduction of Transfer Pricing regulations, becoming a trusted partner for both local businesses and global enterprises. This expansion is closely aligned with the Dubai Economic Agenda D33, a strategic roadmap aiming to double the size of Dubai's economy and position it among the world's top three global cities. 'We are honoured to contribute to Dubai's ambitious growth story,' said Nimish Goel. 'Our new Emaar Square office positions us at the centre of economic activity and deepens our commitment to support D33's transformative vision.' A homegrown brand with a global outlook, Dhruva serves clients across diverse sectors, including oil & gas, healthcare, retail, construction, technology, artificial intelligence, and crypto. The firm is known for offering tailored tax strategies that address industry-specific challenges while identifying new opportunities for sustainable growth. In response to the UAE's evolving tax ecosystem, Dhruva has also launched an AI-powered platform that transforms tax management by making it intuitive, real-time, and predictive. The solution leverages advanced machine learning, large language models, and natural language processing to interpret complex regulations, analyse financial data, and generate actionable insights instantly. Fully integrated with major ERP systems, ensures continuous compliance through API-driven updates and built-in audit features. 'Our vision from day one has been to simplify taxation and empower businesses with clarity, control, and confidence,' added Nimish Goel.
Zawya
22-07-2025
- Business
- Zawya
Dhruva expands operations in UAE to support SME's with robust tax framework
Dubai, UAE: Dhruva Advisors, the leading tax consultancy firm in the GCC, has expanded its footprint in the United Arab Emirates with the opening of its third office in the region and second in Dubai at Emaar Square, Downtown Dubai. Strategically located in the heart of the Emirate's commercial hub, the new office underscores Dhruva's ongoing commitment to delivering partner-led, specialised tax advisory services across the region. CEO Dinesh Kanabar led the inauguration alongside his leadership team. The firm continues to maintain a strong presence in Abu Dhabi's Reem Island, reflecting its robust client base and growing operations throughout the UAE. Since its entry into the UAE in 2017, Dhruva's Middle East practice helmed by Partner and Head of GCC, Nimish Goel has grown from a 15-member team to over 130 professionals today. The firm has played a vital role in steering organisations through major regulatory changes such as the rollout of VAT, the implementation of Corporate Tax, and the introduction of Transfer Pricing regulations, becoming a trusted partner for both local businesses and global enterprises. This expansion is closely aligned with the Dubai Economic Agenda D33, a strategic roadmap aiming to double the size of Dubai's economy and position it among the world's top three global cities. 'We are honoured to contribute to Dubai's ambitious growth story,' said Nimish Goel. 'Our new Emaar Square office positions us at the centre of economic activity and deepens our commitment to support D33's transformative vision.' A homegrown brand with a global outlook, Dhruva serves clients across diverse sectors, including oil & gas, healthcare, retail, construction, technology, artificial intelligence, and crypto. The firm is known for offering tailored tax strategies that address industry-specific challenges while identifying new opportunities for sustainable growth. In response to the UAE's evolving tax ecosystem, Dhruva has also launched an AI-powered platform that transforms tax management by making it intuitive, real-time, and predictive. The solution leverages advanced machine learning, large language models, and natural language processing to interpret complex regulations, analyse financial data, and generate actionable insights instantly. Fully integrated with major ERP systems, ensures continuous compliance through API-driven updates and built-in audit features. 'Our vision from day one has been to simplify taxation and empower businesses with clarity, control, and confidence,' added Nimish Goel.
Zawya
30-06-2025
- Business
- Zawya
Dhruva urges UAE businesses to prepare for eInvoicing as 2026 deadline approaches
Dubai, UAE: As the UAE prepares to implement a nationwide eInvoicing mandate by July 2026, Dhruva is calling on businesses to urgently begin their digital compliance journey or risk falling behind. The Federal Tax Authority (FTA) and the Ministry of Finance (MoF) have set out a phased roadmap that begins with legislative updates in Q2 2025 and culminates in the mandatory go-live date of July 2026. The new system is poised to dramatically reshape how tax data is reported, analysed, and enforced in real-time. 'eInvoicing is not just another compliance requirement but a complete transformation of how transactions are recorded, shared, and scrutinised by the authorities,' said Nimish Goel, GCC Leader, Dhruva Consultants. 'From VAT to corporate tax, this reform will provide unprecedented visibility to regulators and significantly raise the bar for compliance.' Unlike the traditional practice of sharing PDF invoices over email, the UAE's eInvoicing model mandates the issuance of structured XML-based invoices routed through accredited service providers. Drawing inspiration from successful rollouts in several other economies—where eInvoicing has helped curb billions in tax fraud—the UAE's model includes B2B and B2G transactions to start with, and notably, will extend to businesses not currently VAT registered. 'The scope is vast. Even exempt and out-of-scope supplies will now require electronic commercial invoices,' explained Nimish. 'This means financial services, real estate, and designated zone transactions—historically under less scrutiny—will now be monitored in real-time.' 'Businesses in the UAE cannot afford to wait until 2026 to act, they should begin by assessing current data readiness, reviewing internal systems, engaging with their ERP and IT teams, and working closely with tax advisors to fix any gaps in VAT treatment or data capture,' said Nimish. 'It's not just about compliance—errors in real-time reporting can trigger audits and penalties.' eInvoicing also brings the promise of long-term efficiencies, including the eventual automation of VAT return filing and improved refund processes. However, the road to implementation will require rigorous preparation—from stakeholder alignment and system integration to validating digital signatures and ensuring data accuracy. Dhruva will continue to support businesses in navigating this regulatory shift through tailored advisory, technology enablement, and policy insight as further guidelines are released by the authorities.
Trade Arabia
14-05-2025
- Business
- Trade Arabia
Dhruva launches AI platform 'to simplify' taxation in UAE
Dhruva Consultants, a leading tax advisory firm, has pioneered a framework to support UAE businesses to approach taxation through the power of Artificial Intelligence as the country's tax landscape continues to evolve with the introduction of corporate tax, and new compliance requirements. UAE organisation's and residents can log on to to enquire about tax planning, legal compliance, and regulatory advisory, it said. Designed to make tax management intuitive, predictive, and real-time, Dhruva's intelligent AI platform addresses the increasing demand for smarter compliance tools across the region. The solution harnesses the capabilities of advanced machine learning, large language models (LLMs), and natural language processing (NLP) to analyse financial data, interpret regulations, and provide instant insights tailored to UAE's unique regulatory frameworks. 'Our vision was clear from the start—to remove the complexity surrounding taxation and empower businesses with clarity, control, and confidence,' said Nimish Goel, GCC Leader, Dhruva Consultants. 'Traditional software solves yesterday's problems. With AI, we help businesses anticipate tomorrow's tax challenges and stay ahead of regulatory change.' Unlike conventional tax platforms that remain reactive and rules-based, offers a predictive and adaptive experience. From identifying deductible expenses in corporate tax filings to modeling intercompany transactions for transfer pricing compliance, the platform acts as a virtual tax strategist for UAE-based enterprises, the company said. The system is fully integrated with major ERP platforms, allowing for quick deployment and minimal technical overhead. It continuously updates itself with the latest tax regulations and free zone nuances via API feeds and built-in audit mechanisms, ensuring ongoing compliance. With the Federal Tax Authority (FTA) increasingly leveraging digital infrastructure and encouraging voluntary compliance, Dhruva's AI's solution is aligned with the UAE's broader vision of becoming a digitally enabled, innovation-first economy. The platform's ability to simulate various business scenarios — such as mergers, restructurings, or cross-border transactions — gives CFOs and tax advisors the power to make informed decisions in advance, reducing risk exposure while enhancing strategic agility. This proactive approach is particularly valuable for companies operating in free zones or managing complex cross-jurisdictional operations. 'As the UAE becomes a global hub for AI and regulatory innovation, is proud to support this transformation,' added Nimish. 'We see ourselves not just as a software provider, but as a strategic partner to businesses and governments striving for compliance excellence.'
Zawya
14-05-2025
- Business
- Zawya
Dhruva launches its AI platform to simplify taxation in UAE
Dubai, UAE: As the UAE's tax landscape continues to evolve with the introduction of corporate tax, and complex compliance requirements, Dhruva Consultants has pioneered a framework to support UAE businesses to approach taxation through the power of Artificial Intelligence. UAE organization's and residents can log on to to enquire about tax planning, legal compliance, and regulatory advisory. Dhruva Consultants is one of the leading tax advisory firms in the Middle East. Designed to make tax management intuitive, predictive, and real-time, Dhruva's intelligent AI platform addresses the increasing demand for smarter compliance tools across the region. The solution harnesses the capabilities of advanced machine learning, large language models (LLMs), and natural language processing (NLP) to analyze financial data, interpret regulations, and provide instant insights tailored to UAE's unique regulatory frameworks. 'Our vision was clear from the start—to remove the complexity surrounding taxation and empower businesses with clarity, control, and confidence,' said N imish G oel, GCC Leader, Dhruva Consultants. 'Traditional software solves yesterday's problems. With AI, we help businesses anticipate tomorrow's tax challenges and stay ahead of regulatory change.' Unlike conventional tax platforms that remain reactive and rules-based, offers a predictive and adaptive experience. From identifying deductible expenses in corporate tax filings to modeling intercompany transactions for transfer pricing compliance, the platform acts as a virtual tax strategist for UAE-based enterprises. The system is fully integrated with major ERP platforms, allowing for quick deployment and minimal technical overhead. It continuously updates itself with the latest tax regulations and free zone nuances via API feeds and built-in audit mechanisms, ensuring ongoing compliance. With the Federal Tax Authority (FTA) increasingly leveraging digital infrastructure and encouraging voluntary compliance, Dhruva's AI's solution is aligned with the UAE's broader vision of becoming a digitally enabled, innovation-first economy. The platform's ability to simulate various business scenarios—such as mergers, restructurings, or cross-border transactions—gives CFOs and tax advisors the power to make informed decisions in advance, reducing risk exposure while enhancing strategic agility. This proactive approach is particularly valuable for companies operating in free zones or managing complex cross-jurisdictional operations. 'As the UAE becomes a global hub for AI and regulatory innovation, is proud to support this transformation,' added Nimish. 'We see ourselves not just as a software provider, but as a strategic partner to businesses and governments striving for compliance excellence.' is currently expanding its footprint across the GCC, with plans to launch tailored modules for Saudi Arabia and Qatar in the coming year. As the region prepares for a more data-driven, transparent future, is leading the charge—redefining the way enterprises navigate compliance in a rapidly changing world. About Dhruva Consultants Dhruva Consultants is a leading tax advisory firm specializing in VAT, corporate tax, transfer pricing, and international taxation in the Middle East. With a strong track record in advising some of the largest real estate players in the UAE, Dhruva Consultants combines deep industry expertise with practical solutions, ensuring clients not only achieve compliance but also optimize their tax strategies for long-term success.
