No matter the size of the company, conducting a financial audit of the company is very important. The importance of a financial audit of the company cannot be emphasised enough. There are various types of Audits of a company such as Statutory Audit, Performance audit, Regulatory Audit etc. it is up to the management of […]
Value Added Tax or VAT is a fairly new addition to the tax roster in the United Arab Emirates. Taxes play a very major role in the economy of a country as they help the government to amass funds which will eventually help them to build infrastructure for the people of the country. This is […]
There are a number of benefits of Auditing a company, and because of these benefits, every company should be audited. The conducting of an audit of the company will help the management to understand the present condition of the company and will also help in ensuring that the company is following the set path as […]
Creation and Maintenance of the financial records of a business are a very important function of a business. Information about a business helps the management to act on the present situation of the business and also assists in deciding a future path of the business. The information provided in these financial reports will determine the […]
The Middle East is gradually turning into a very lucrative and profitable place for companies from different parts of the world. Every company or business would like to tap into the middle eastern markets. Due to this, a huge number of businesses opt to come into the Middle Eastern countries in order to set up and […]
Due to an increase in Globalization and the opening up of the economies of the middle east, many international companies have found themselves trying to capture the middle eater market. these companies must keep in mind the various rules and regulations which are applicable to such companies in the United Arab Emirates. One of the […]
Presently as the VAT has actualized in UAE, there are a bunch of decisions and guidelines that are to be kept up by the individuals. Who has enrolled for VAT? The support of records is as significant for the registrants as it was for them to get registered for VAT. The registrants ought not to […]
A company has business assets like shares, stocks, and investment portfolios to help it have a steady source of income. In this article, we’ll look at different aspects of a company’s business asset, how it’s used and so on. What is a Business Asset? A business asset is an item of value owned by a […]
In the last couple of decades, we have seen a significant increase in the number of companies coming into the Middle East countries to set up a business. This has been possible due to various factors such as the opening up of the economy of the Middle Eastern countries, the presence of various free zones, […]
Value Added Tax (VAT) is a type of consumption tax levied on the goods for value addition in every supply chain stage. The member countries of the GCC (Gulf Co-operation Council) have introduced a Value Added Tax (VAT) to check the falling oil revenues and generate an alternate source of income to invest in economy’s […]
