In the UAE, the Auditors play a crucial role in assisting companies in auditing the company’s financial records. They help company management, and the Board of Directors will fair and partial assessment of the process employed by various company departments. In certain Freezones, external auditors are required to carry out the financial audit every year. […]
Setting up a business and launching it takes some level of perseverance, but a businessman needs to sustain and maintain the same level of dedication and perseverance to ensure the survival of the business. in order to maintain the business, the businessman or the management of the business needs to employ certain different business strategies. […]
In the ever-changing business world, company mergers and acquisitions have become the usual norm worldwide. In small companies, the distinct structural advantages have led to many innovations and created more value for the business. The growth has also enabled companies to merge with others to enjoy the short- and long-term benefits and built synergies. The […]
Even if a taxable entity is particular about the submission of taxes, there can be errors made. Then the taxable entity has to resolve this dispute relating to the taxes. This can be a lengthy and complicated process in some cases. This article will help a taxable entity to resolve such disputes in the future. […]
Companies operating in the UAE should conduct the affairs per the rules and regulations of various UAE laws, failing to attract fines and heavy penalties. It is also essential for organizations to know the requirements and differences between audit and Due Diligence. Due Diligence Due Diligence is used to assess the company based on reviewing […]
In the changing world, the companies’ main challenges concerning intra-company affairs are handling the employees’ attendance, taxes, and employee compensation. It is the most important because the employees are the company’s backbone and its most important assets. Companies worldwide pay special attention to retaining their employees by providing them with skills training and welfare benefits, […]
For entrepreneurs and businesses worldwide, UAE is famously known as the gateway to the Middle-East and North African markets. A business-friendly environment and the robust legal framework upholding international charters enabled companies to move to the UAE. Risk assessment is integral to all companies, especially for those looking to operate in new environments and looking […]
UAE, one of the most attractive business hubs in the Middle-East and African region. It is a gateway of opportunities for international businesses. Businesses to achieve the next level of growth have entered the UAE by setting up a new entity or Mergers and Acquisitions. Due Diligence plays a significant role in helping companies decide […]
There have been changes made by the UAE government related to an Ultimate Beneficiary Officer (UBO). The government fairly recently released a notification which was titled Cabinet Decision No 58 in the August of 2020. This resolution stated that all the businesses which have been registered in the UAE must declare their Ultimate Beneficiary Owner […]
UAE is known as the Gateway to the Middle East and Africa. The geographical location and the stability it offers in the volatile Middle East region, along with a business-friendly ecosystem, has made UAE one of the top business locations worldwide. As businesses from around the world exposed to different cultures establish regional headquarters in […]
