UAE, one of the most attractive business hubs in the Middle-East and African region. It is a gateway of opportunities for international businesses. Businesses to achieve the next level of growth have entered the UAE by setting up a new entity or Mergers and Acquisitions. Due Diligence plays a significant role in helping companies decide […]
How can you identify an Ultimate Beneficiary Owner
There have been changes made by the UAE government related to an Ultimate Beneficiary Officer (UBO). The government fairly recently released a notification which was titled Cabinet Decision No 58 in the August of 2020. This resolution stated that all the businesses which have been registered in the UAE must declare their Ultimate Beneficiary Owner […]
Who Can Perform a Statutory Audit?
UAE is known as the Gateway to the Middle East and Africa. The geographical location and the stability it offers in the volatile Middle East region, along with a business-friendly ecosystem, has made UAE one of the top business locations worldwide. As businesses from around the world exposed to different cultures establish regional headquarters in […]
What does one mean by Regulatory Compliance, and how can it help your Business?
The UAE is one of the top business and investment destinations for global companies. The long stable governance, market opportunities with access to African markets, a business-friendly framework, and a robust legal system have enabled the UAE to attract global business behemoths. The Emirates of the UAE are home to many Freezones, which cater to […]
Different types of Financial Ratios a Company should know
Companies worldwide, be it start-ups, SMEs, or multinational companies, constantly work to achieve clear goals defined by the management and the board of directors. The company’s performance has to be measured for the management to understand the business numbers and closeness to the company’s goals. Additionally, for a listed company, the shareholders will need to […]
Audit Guide for Companies In Dubai Free Zone
The Freezones in the UAE is popular among global companies due to the unparalleled benefits such as hassle-free approvals, complete foreign ownership, tax benefits and fast incorporation at lower costs when compared to mainland companies. These Freezones offer a specialized tax, customs and imports regime for the benefit of the companies. Separate rules and regulations […]
Mistakes to look out for by SME’s while filing VAT
The United Arab Emirates has been a fairly new addition to the list of countries that have implemented Value Added Tax (VAT). The government of the UAE has also introduced many laws and regulations which have drastically improved the number of business opportunities one can avail in the country. this has led to a number […]
How can Company Liquidation help your Business?
Businesses worldwide work with a mission to find opportunities and solve problems persistent in the world. Along the journey to achieve growth, companies invest in resources that include employees, infrastructure etc. Companies find different means to finance the resources employed. They face challenges daily, and at times, companies fail to meet their debt obligations to […]
Why is Accounting important for an E-Commerce Business?
We have seen a huge growth in E-Commerce platforms in the past few years. This has been possible due to advancements in technology that have been made in the years past. The growth of the E-Commerce platforms was also possible because of the pandemic caused due to Covid-19. As the people were confined to their […]
Why should management restructure a business after a Merger or Acquisition?
In this ever-changing business world, the most common news we hear is regarding company mergers and acquisitions. The UAE is considered as one of the most attractive business locations on a global scale and is also home to a large number of companies in diverse sectors. Mergers & Acquisitions are an integral part of the […]