Every accountant is aware that accounting is a language of business!! Accounting is the art of documenting, classifying, and summarizing money, transactions, and events. Owing to the rapid changes in the field of information technology, guided by competition and efficiency, the market climate has now become highly competitive. New technologies are designed to cover a wide variety […]
All About Tax Penalties
Authorities ensure that citizens comply with the laws and regulations intended to improve the system. They spotlight the companies in UAE for Tax registration. The information drives are being carried out in Dubai by Consultants so that people in the UAE can get a better understanding of rules and regulations involved in the process of tax […]
Accounting Checklist For Beginners
The accounting monitors your money, including purchases, sales, liabilities, and payments of your business accounts. Some of the essential tasks involve bookkeeping (recording financial transactions), Creating financial reports, filing tax returns, and so on. Accountancy helps you gauge the health and value of the company to make better decisions about short- and long-term success. Daily […]
Advance your Business by Outsourcing Payroll Functions
When you are starting a business all the various functions can be handled by the management as the size of the business is small, but as the business increases in size, the number of activities also increases and also get more complicated with time. There is an increase in the number of people working as […]
100% Ownership Allowed in the UAE for Specific Sectors and Activities
Ownership is a very big factor for a business and the United Arab Emirates is working towards this. In the year 2019, the cabinet of the United Arab Emirates approved a positive list according to which 100 percent Foreign Direct Investment is allowed in certain sectors but the company should be outside the free zone. […]
A Guide to Audit Evidence
An audit is a systematic free assessment of financial proclamations, records, reports with a goal to communicate a conclusion on the financial articulations of an entity whether they are giving a valid and reasonable view or not. The auditor expresses his decision (regardless of whether an entity’s financial explanations are providing a valid and reasonable […]
A Guide on UAE Tax Model
“The toughest thing to comprehend in the world is the income tax”- Albert Einstein. Taxation is one of the most significant areas that any company has to deal with and thus results out unavoidable. Payment of tax positions as a requirement and so it must be done with care. Unlike the other nations, the United […]
Business Valuation and its Advantages
The management is in a constant state of trying to increase its profitability, which will, in turn, the company’s value. The first step in expanding the company’s value is finding out the company’s present value. Without knowing where to begin, it is hard for the management actually to achieve all the goals. Knowing your business’s […]
Accounting Structure for a Small Business
Are you planning to start a small business in Dubai? If you are ready to launch your new business in Dubai, Congratulations! As you know, launching a business is a constant flood of satisfying milestones and increasing to-do lists. With your business launch, you’ll require to get on top of the accounting tasks that come […]
All about Audits Services in Dubai
Setting up a company in Dubai is like a dream for many people in business and entrepreneurs all around the world. The company can take advantage of various benefits available to all the businesses coming into the country. this is both helpful for the economy of the country as well as the growth of the […]