There has been a significant boom in the setting up of businesses in the past decade. More and more people prefer to set up businesses all around the world. The Middle East, especially the United Arab Emirates has turned out to be a fertile ground for setting up a business as people from all over […]
Some years prior to today, the companies used to be set up at locations that are easily accessible to both raw materials as well as the potentials workers and employees were easily available. Nowadays, businesses can be set up anywhere, and this has been possible due to technologies such as easier and faster transportation and […]
Bringing a company’s management to a tip-top shape and maintaining that is very important for a business. To do so, there are many different tools and techniques followed by a business. One such technique is to audit the company at regular intervals. In the United Arab Emirates, auditing your company has been deemed mandatory in […]
Economic Substance Regulations or ESR is one of the latest addition to the roster of regulations that the companies in the United Arab Emirates need to follow. According to the regulations, the 30th of June was the last deadline if the financial year ending for your company is the 31st of December. It does not […]
Business involves dealing with many stakeholders such as suppliers & vendors, distributors & related supply chainss, company labour workforce, company management and shareholders. The success or failure of the business depends on the strategic goals along with countless external factors. At times businesses may face issues and prove inefficient due to many internal factors. A […]
Accounting is an integral part of running a business. Without the accounting function, businesses will not be able to track and trace the company’s financial stature, will not have access to sufficient data to make analysis and sound decisions and will not be able to confirm irregularities and course correct the actions. Therefore, accounting is […]
The United Arab Emirates is slowly becoming one of the best locations for setting up a company. It is considered a gateway to the Middle East and it has become one of the most important business destinations for businessmen all over the world. Most of this development of the country can be attributed to the […]
A business has to always keep up with the changing business environment. This means that the business has to continuously keep a check on all the records of the business and how the business is currently performing. This is important for a business to be on par with its competitors in the market. It is […]
The UAE is popularly known as the gateway to the Middle East. It offers a stable government and adopted business-friendly policies supported by a sound legal system in line with international law. In recent years, innovative investment-friendly policies have resulted in businesses worldwide establishing a base in the country. Like in other Middle Eastern countries, […]
There has been a substantial increase in the number of businesses that have sprung up in recent times, but with the increase in the number of companies, there has also been an increase in the dangers of fraudulent activities. This has made the use of financial services such as Auditing, Accounting, payroll services etc. This […]
