With a rise in the E-Commerce Culture and the majority of people doing shopping from the comfort of their home, becoming a seller on Amazon is a really good and viable option available to the people. The Covid-19 pandemic has shown that shopping from home can be a very simple and easy process. One does […]
Why does a Business require Consultancy Services
Whether starting a new business or expanding a new business, all businesses require the assistance of experts and professional consultancy services at some point in their life. These consultancy services help the business management whenever the business is going through a tough spot. Business consulting can be on the managerial front or on the financial […]
Reasons to Setup a Foreign Subsidiary Branch in UAE
Lately, the United Arab Emirates has become a very important global business hub. Businessmen from all over the world are setting up businesses in the UAE as it is the gateway to the Middle East. For the companies which have been already established in different locations, UAE is a very lucrative location for business expansion […]
What is Claimable VAT?
UAE is popularly known as the Gateway to the Middle -East and Northern African regions. The UAE and the Emirati governments’ amiable business policies have resulted in UAE becoming the throttling business and investment hub. The UAE Government has introduced new VAT taxation, which will be an additional source of revenue for the infrastructure development […]
Auditing Compliance regarding AML Compliance in UAE
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 […]
Outsourcing Business Functions: Managing Business the Easy Way
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 […]
Different Types of Financial Audit available in UAE
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 […]
Steps to follow by a Company regarding ESR
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 […]
What are the Advantages of Forensic Auditing?
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 […]
Challenges faced by an Accounting professional
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 […]