Corporate Restructuring can help a company to stay afloat and conduct its business in a more efficient and profitable manner. In layman’s terms, corporate restructuring is to make a change in the way the business is conducted. It can either be a change in the financial structure of the business or a change in the […]
When a business is not running as per your expectations and the business is gradually going towards loss, then the next best step to do is to restructure the business. A restructuring of your business can have many effects on your business. It can be a very hectic and time taking move but if done […]
Accounting is considered as the language of the business as one can understand everything about the business by delving into the various accounting books of the company. with proper accounting, it is possible for a company to grow at a better rate and also assist in the judicious use of all the resources present with […]
In the recent past, the UAE cabinet has made significant changes to Law No. 6 of 2006 concerning bankruptcy. These changes mainly were made to introduce relief to debtors during an Emergency Financial Crisis (EFC). The EFC will include all public events which have a severe effect on the trade activities or other investment and […]
Outsourcing was present in the business world for as long as the time when the concept of business started. The meaning of outsourcing is to obtain goods or services on a contract basis from a supplier which is outside. The difference is that in the beginning, we used to outsource a product or services but […]
The Gulf Cooperation Council (GCC), a six-member union of gulf states decided to implement new taxation named Value Added Tax (VAT) to check the falling revenues due to the volatile oil prices and invest the same amount towards improving the infrastructure. GCC signed the unified agreement in 2017 with all the member states agreeing to […]
Every business needs to create and manage the accounting records of a business. This is where Bookkeeping and Accounting come into play. These records can tell the entire story of the business. The management can see the past as well as the presence of a company. With such information, it will also be possible for […]
A business has to face many problems such as changes in the business environment, change in the tastes and preferences of the customer, increase or decrease in competition and many others. Each of these problems requires in-depth study and research so that the business can survive such changes in the business environment. Every business is […]
Companies often face several hurdles in their journey from incorporation to progress and towards successful establishment with strong footfall in the market. But this process is easier said than done. While many companies are self-sufficient in the field of administrative expertise for carrying out activities such as – registration, legal documents compilation, tax filing, secretarial […]
All businesses operating in a jurisdiction are required to pay taxes as per the taxation policy of the particular jurisdiction. The taxes paid by the companies varies from country to a country. In the UAE, businesses operating in the UAE are exempt from any income taxes and corporate taxes (though corporate taxes are levied on […]
