The United Arab Emirates (UAE) has reasserted that the country is evolving as a leading global hub for business and investment. In pursuit of this, the country is embarking on a mission to make transformative changes that will cement its place as the world’s most sought after investment market. The UAE is focused on creating […]
Companies and financial institutions operating in the UAE should be aware of anti-money laundering. Money laundering and terror financing can result in companies facing strict legal action under the relevant UAE law. Illegal money movements usually happen through phishing, online account takeovers, malicious malware, or other mediums which benefit the unlawful economy and shatter the […]
We all know and understand the importance of Auditing for your company. However, the management should look at the size of the business. An audit will provide more profound and accurate details for any of the company not taking into consideration the size of the business. Auditing services will be as suitable for an MNC […]
Often in businesses, the services of an accountant may have reached their limit, and the accountant is faced with a new or unique business circumstance. In such situations, the management needs to bring in extra help in the accounting department, where the accounting supervision services come into play. Let us first know some more about […]
In recent years, UAE has become home to many internal businesses who have made UAE their main bases to cater services to many other countries. The business-friendly ecosystems and a robust legal system based on international standards have ensured companies can carry out their business activities with minimal issues and keep worries at bay. However, […]
Setting up and conducting a business has become easier for everyone, primarily due to the increasing reach of the internet and the governments of the various countries understanding the need for business and their impact on the economy. As a result, there has been a significant increase in the number of companies that have been […]
UAE is known as the Gateway to the Middle East region and the Arab world for businesses worldwide. Due to the favorable geographic location and the stable governance offered by the UAE, many companies look forward to establishing and growing industries in the Country. Many UAE city-states such as Dubai and Abu Dhabi are metropolitan […]
Every entrepreneur understands the importance of conducting an audit of a company. The report prepared after the audit is being finished is used by the management to understand the current situation of the business and also to make the necessary changes to the management of the company. This makes the audit report one of the […]
A few conventional auditing duties take up many auditors’ time if the information isn’t organized and accurate enough. Some of the audits are prone to errors, while others are simple rule-based mechanical operations that are accomplished quickly. Artificial intelligence, cloud computing, data analytics, robotic process automation, and various other technologies have all impacted the external […]
Value Added Tax (VAT) was introduced in the UAE on January 1, 2018. All UAE mainland companies are required to comply with various requirements under the new UAE VAT Law. The filing of VAT returns to the Federal Tax Authority (FTA) is a requirement for all companies registered under the UAE VAT law. Therefore, the […]
