We all understand that there is a huge requirement for Financial services such as Audit or accounting and bookkeeping for a business. With the increasing business opportunities in the Middle East, there has been a significant increase in the number of manufacturing industries in the UAE. The manufacturing industry is unique, as it requires a […]
For a business to run efficiently a businessman needs to invest capital in the company. this capital is further bifurcated into two different parts. These are Fixed capital and Working Capital. Both Fixed Capital and Working capital need to be present in a company. Moreover, the management should try to keep a balance between the […]
Value Added Tax (VAT) was introduced in the UAE and other gulf countries and came into existence with effect from 1st January 2018. The significance of VAT covering most of the goods has led to the rapid adoption of the tax across the country with the technology and clear guidelines from the Federal Tax Authority […]
The way the capital is structured in a business can mean a lot to a business. The capital structure will pave the way for the future investments of the company and will also help in deciding the path the business should take. The amount of capital present for a particular phase will also help set […]
Good accounting practices have the power to make or break the business. If you own a small business or are just starting one, you might not require an in-depth accounting process, but as the company grows with time, the accounting process gets more and more complicated. Accounting is regarded as the language of business and […]
The virus has forced companies and businesses all over the world to pause for a bit and review their activities. The whole world came to know about the virus within three to four months of getting into the new year and now things have started to change for the better. Still there is a fear […]
Corporate Restructuring can help a company to stay afloat and conduct its business in a more efficient and profitable manner. In layman’s terms, corporate restructuring is to make a change in the way the business is conducted. It can either be a change in the financial structure of the business or a change in the […]
When a business is not running as per your expectations and the business is gradually going towards loss, then the next best step to do is to restructure the business. A restructuring of your business can have many effects on your business. It can be a very hectic and time taking move but if done […]
Accounting is considered as the language of the business as one can understand everything about the business by delving into the various accounting books of the company. with proper accounting, it is possible for a company to grow at a better rate and also assist in the judicious use of all the resources present with […]
In the recent past, the UAE cabinet has made significant changes to Law No. 6 of 2006 concerning bankruptcy. These changes mainly were made to introduce relief to debtors during an Emergency Financial Crisis (EFC). The EFC will include all public events which have a severe effect on the trade activities or other investment and […]
