The Government of the United Arab Emirates considers the people in the country as the people close to it and wants to take care of everyone. The UAE government has taken up to protect the citizen from any goods which can harm their health by levying taxes on them called the Excise Tax. These taxes […]
The United Arab Emirates understood that the country could not depend upon the revenue from a single source. Thus the Value Added Tax (VAT) was implemented all over the country from 1st January 2018. The new tax will not only help the economy of the country to obtain an original source of revenue but will also […]
The Sharjah International Airport Free Zone is one of the favourite free zones for businessmen and entrepreneurs all over the world. This free zone strives to provide the best possible services to the members along with world-class infrastructure. It is currently the home for more than 5,500 companies from all around the globe. The introduction […]
The emirate of Ras Al Khaimah, better known as RAK, is considered as a hidden gem of the United Arab Emirates. It comprises of all the topographies such the desert, mountains, beaches etc. which makes it a very suitable place for everyone. These topographies have also helped in gradually increase the number of businesses coming […]
Regulatory compliance is the adherence which an organization has towards the laws, rules, policies and regulations in order to aspire and ensure that the organization is aware of the scenario and follows the rules and regulations of the particular jurisdiction. A lack of regulatory compliance can lead to many unfortunate situations with you and your […]
The outbreak of COVID-19 has disrupted the global economic and business environment. It has affected hundreds and thousands of people, and many industries all over the world are looking towards decreased future revenue. There is an increased affinity towards saving the business funds so that the businesses survive the present epidemic and the current employees […]
The United Arab Emirates (UAE) has effectively implemented Value Added Tax (VAT) across the Emirates. There has been a good percentage of agreement by the businesses that prove that the tax system is a definite asset in the country. What is a Tax Group? A tax group consists of two or more parties that are […]
Stable accounting software is the go-to solution for all your business needs, helping you run your business smoother and faster. Regardless of the size and demographics of your company, your business gets much-needed momentum to grow and prosper with the help of innovative accounting software. Reliable and stable accounting software makes everyday trade operations of […]
A well-managed accounting is vital for real estate business. Working in real estate, whatever genre it is, means dealing with large sums of money regularly. The genres may be ranging from running a real estate agency employing commissioned salespeople, to managing a commercial or residential real estate for clients, to handling the accounts of a […]
On the 24th September 2017, the cabinet of the United Arab Emirates issued Decision number 36 on the Executive Regulation of Federal law number 7 of 2017. This decision deals with the tax procedures and the importance of various other provisions which include keeping accounting records and commercial books relating to tax purposes as well as […]
