It doesn’t matter what is the nature of your business. Accounting and bookkeeping are the fundamental processes that should be conducted by any firm. This also applies to Law firms. Maintaining the books of accounts may not be very easy for them, as this may seem like a completely different direction. The legal firms may […]
The UAE is a popular investment destination for many entrepreneurs worldwide. Moreover, many expatriates have made UAE their second home due to various factors such as inclusive culture, world-class infrastructure, access to the right talent, affordability and minimal regulatory hassles provided by especially by dedicated Freezones. In addition, the geographical location of the UAE is […]
In the last decade, we have seen a huge increase in the number of companies that are being set up and this setting up of businesses has not been specific to a certain country or jurisdiction. This phenomenon can be seen all over the world. Such a healthy situation has been created due to many […]
Taxes are an inevitable part of everyone’s life. Taxes are paid usually on the income source of an entity but many a time what happens is that income taxes are required to be paid by an entity twice on the same source of income. This usually occurs in international trades of investments made in two […]
A business needs to constantly understand its financial standing so that it can perform better. In understanding the business, auditing can play a major role as it analyses the various activities of the business and helps the management in understanding who a particular activity can be made better. Let us understand what an Audit is […]
With the UAE evolving as a global investment destination and entry to the Middle East and Northern African markets, many Multinational companies and banks have started their branch office in the country. In addition, the free-market economy of the UAE has provided numerous opportunities to entrepreneurs, and many small companies cater for the consumers with […]
There are many opportunities available to a business in the United Arab Emirates and the government of the country is taking steps to attract more and more companies from all around the world. The UAE has become a breeding ground for various companies and also acts as a gateway to the markets in the Middle […]
We all know the benefits of audit of a company and the management of a company can choose between two types of audit namely External Audit and Internal Audit. Both the audits can be very helpful for the business and will help the management to understand the workings of the company and assist in devising […]
Different jurisdictions in the world have different rules and regulations which are required to be followed by a business if it wants to continue doing business in that region. This is known as regulatory compliance. If the rules and regulations of the business are not followed then the business can face a number of problems […]
Startups are the way forward for the business ecosystem around the world. Startups are unique in their approach to business. A combination of innovations and neo-work culture appealing to the younger workforce is popular in many countries worldwide, including the UAE. Startups have created excellent shareholder value for the founders and investors alike. Accounting and […]
