The World Expo 2020, which will be held in Dubai will be the first World Expo which will be held in the Middle East and North Africa (MENA) region. This event will be held for six months and will likely attract entrepreneurs and people in business from all over the world. The expo will showcase […]
Cost audit is a very important tool that can be used by the management to understand the present situation of the business and will also help in ensuring that the business is adhering to the procedures which are to be followed. In this article, we will try to explain at what time the management should […]
The concept of Value Added Tax (VAT) was implemented in the United Arab Emirates (UAE) on the 1st of January, 2018 with the aim of building a new source of revenue for the country. The rate for VAT has been decided at 5%. This VAT is applicable to both goods and services. If a service […]
In 2021, the Covid-19 pandemic has affected every aspect of human lives. The pandemic has caused severe shortages of various resources and has costed many lives worldwide. It has ill-affected the lives and lively hoods of many families and pushed them closer towards poverty. Economic growth has receded in many countries resulting in the loss […]
The government of the United Arab Emirates aims to provide a conducive environment for all the businesses which are coming in from all over the world. Many people know about the different free zones in the country which assist in the growth and development of the businesses but not many know about designated zones in […]
Accounting and bookkeeping are the most important business functions and it should be taken care by the management that there functions are properly performed. As the business grows so does the need and requirements of the company changes and the management needs to decide the process of accounting system analysis which will be most suitable […]
More and more people all over the world are now interested in doing some sort of business. Conducting a business has become easier and simpler and does not require more steps nowadays. The government of the United Arab Emirates understood this and also took into consideration the benefits of bringing business into the country. With […]
The Covid-19 pandemic has brought huge changes in the life of every single person. Business operations were the most affected as everyone had to maintain a social distance. This was a huge change as now every business has to change how it operates. As the people could not travel and had to follow social distancing […]
In the recent past years, there has been a visible increase in the businesses which are being set up all around the world. This is because of many factors such as ease of setting business, easy transportation and communication between various places. This has helped in the increasing numbers of businesses which are set up […]
If a buyer is interested in buying a business in the United Arab Emirates, he must conduct Due-Diligence of the business before buying it. This will allow him to know the important details about the company and help him understand if the business will be a fruitful venture and will bring him profit. Different types […]
