MENA News

Finanshels Launches HalaTax

Featured image for "Finanshels Launches HalaTax"
Summary

As the UAE ushers in a new era of tax regulation, Finanshels.com, a leading AI-led finance platform, has announced the launch of HalaTax – the country’s first free AI-powered tax consultant, tailor-made for entrepreneurs, freelancers, and SMEs to receive instant assistance on tax and VAT-related queries.

As the UAE ushers in a new era of tax regulation, Finanshels.com , a leading AI-led finance platform, has announced the launch of HalaTax – the country’s first free AI-powered tax consultant, tailor-made for entrepreneurs, freelancers, and SMEs to receive instant assistance on tax and VAT-related queries.

Designed as a cost-effective approach to accessing vital tax consultation – particularly for early-stage businesses – HalaTax is a self-learning system that strengthens over time through user feedback, ensuring companies receive timely and accurate information on matters such as tax exemptions, deadlines, and compliance strategies.

The UAE is home to a thriving entrepreneurial community and remains a preferred destination for start-ups. In 2025, the country was ranked number one globally by the Global Entrepreneurship Monitor, excelling in key metrics including financing for entrepreneurial projects, ease of fund access, government policies supporting entrepreneurship, government-related tax and bureaucracy measures, and social and cultural standards towards entrepreneurship.

Since the introduction of corporate tax across the UAE in 2023, businesses of all sizes are now required to file for their audits within the stipulated deadlines to avoid financial penalties. With this change, hundreds of SMEs are now facing the challenge of incurring significant costs associated with onboarding financial experts and qualified advisers. HalaTax directly addresses this gap by offering affordable access to premium tax advisory services, enabling businesses to make informed financial decisions.

Muhammad Shafeekh, Founder and CEO of Finanshels.com, stated: “Our vision with HalaTax is to level the playing field. Reliable tax guidance should not be a luxury – every business owner deserves clarity, compliance, and control. By transforming the traditional model for tax consultation, we are enabling a stronger and more empowered entrepreneurial environment for businesses.”

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