It is challenging for businesses to maintain a healthy cashflow. Amid this pandemic, the global economy is starting to feel the effects of the struggle to keep its business afloat, moreover, grow. Accounting can help your company succeed by providing you insights into your business’s overall health, offering an accurate report on your cashflows. As […]
The government of the United Arab Emirates passed a resolution which was enacted on the 29th of August 2020, which was titled Cabinet Resolution no 58 concerning the Ultimate beneficial Owner (UBO Law). This cabinet resolution was passed with the intention to tackle the avoidance of taxes by the businesses so that the country will […]
Why would a business choose to outsource an audit? Can’t it learn to do it itself? Of course, it can. However, more often than before, companies are choosing to outsource audit functions for the following reasons. Cost of training Audits performed take longer than when outsourced Loss of productivity High downtime Auditing is an impartial […]
The addition of Value Added Tax (VAT) to the taxation process has impacted businesses from all around the world. UAE was considered a lucrative place for conducting business as there were no taxes for the companies that are registered in the jurisdiction. But even with the 5% tax, the Middle East is still one of […]
It is challenging for businesses to maintain a healthy cashflow. Amid this pandemic, the global economy is starting to feel the effects of the struggle to keep its business afloat, moreover, grow. Auditing can help your company succeed by providing you insights into your business’s overall health, offering an accurate report on your cashflows. As […]
The main objective of an Accounting Function is to record ongoing and operational transactions of any business. Any business, large or small, profit or non-profit is driven by financial information. This financial information comes in many forms, such as financial expenses, salaries, operational costs, operational cash flows, investments etc. All this recording of data creates […]
Setting up a business can be comparatively simple work, but maintaining the business can be a complicated task. In order to keep the business in a healthy condition, the business owners need to go the extra mile which can sometimes lead them to neglect the credit ratings of the business. The credit ratings have a […]
Setting up a business in the United Arab Emirates is a very beneficial and profitable decision which any businessman can take. With a number of business opportunities and the prospect of exploring new markets, setting up a business in the UAE can be a very profitable venture. Even the Government of the country is providing […]
There have been many developments in the Online Gaming Industry (also known as the E-Gaming Industry). In the current scenario, the E-Gaming industry is one of the growing industry, and more and more players are coming into the market. this has been possible due to the release of multiplayer games such as PUBG, Free Fire, […]
Dubai Healthcare City Authority – Regulatory is an independent arm of Dubai Healthcare City Authority. The DHCA is the body of Dubai Healthcare City that regulates it as the largest healthcare free zone for health and wellness globally. Dubai Healthcare City Authority – Regulatory, now referred to as DHCR, regulates the free zone and directly […]
