Every entrepreneur must understand the need for an audit in the company. Performing an audit has many benefits for the company, but many myths and rumours are going around relating to the auditing of a company. These are some of the myths that deter us from conducting an audit which ultimately hampers the company. In […]
A lot of hard work and planning goes into setting up of a company. It is necessary for the management to put in the time and effort in the incorporation process so that the company can have the correct start. But even after this many companies have to face the end which can be caused […]
Every decision of management has a significant impact on the future of the company. Still, the most critical decision, which can change the business’s whole course, is taken after carefully considering and analysing the company’s financial aspects and other reports. This is where accounting comes in. Let us know more about the Accounting function and […]
When starting a business, the first things that a businessperson would require is knowledge in the particular domain, and next, he would need to secure funds for the company. There are various methods to procure funds for the company such as by applying for loans, crowdfunding, shares and debentures, but to gain the complete knowledge […]
Accounting is an essential and crucial function for any business which makes choosing an accountant is a critical decision to take. Nowadays, an accountants job has grown to be much more than just taking care of the Debit and Credit sides of the business. The domain of an accountant now includes not only bookkeeping and […]
Proper bookkeeping is the basic building block of any corrective and control function of a business. Although it is a time intensive and repetitive process, a business will not be able to have a proper financial picture of the company without adequate bookkeeping. In case of large organizations, bookkeeping is the primary activity to be […]
One of the promising business destinations in the United Arab Emirates turns out to be Jebel Ali Free Zone, that is located in one of the competitive locations. Business owners select this region as it gives a broader platform to global connectivity. Upon carrying out the business operations after establishment, it becomes essential at one […]
Business organizations have been exponentially growing in the Middle Eastern region. When it comes to Dubai, it is regarded as the land of business and turns out to be the first option in the preferred list of investors. As we all know that the technology has in-turned changed the overall business culture, the Government of […]
On 1st Jan 2018, the United Arab Emirates (UAE) came up with the implementation of tax for GCC countries with a rate of 5%. The nation was well known for tax free zones, but this initiative has been taken forward with an idea to generate a different source for income and to leverage the nation’s GDP. […]
The UAE has become a fast-moving city. Be it a business or job; the Emirates have a space for all. When it comes to business setup, UAE is the most favourable option by investors. The city has established itself as a booming business hub, backed by the continuous support of the Government. New laws get […]
