Every business should follow a steady growth pattern. The growth of the business will help it to expand in more markets and will also provide greater avenues and scope for development. To understand the complete scope of growth, the management should first evaluate the company so that it can prepare a plan which will assist […]
The Government of the United Arab Emirates has recently brought forth the resolution which will help in defining the procedure for the maintaining a real beneficiary. This resolution will be in effect from 27th of October 2020 and according to this resolution it will be required that a businessman or any business entity will reveal all […]
The United Arab Emirates’ Cabinet has as of late distributed Resolution No 58/2020 to control the ‘minimum’ commitments of entities incorporated there – incorporating those in the non-financial free zones. From 27th October onwards, the resolution will require the revelation of information about beneficial owners at the initial registration/incorporation stage. For each situation, the data […]
Nobody is in control of everything, but we still need to try. This is true, especially in the case of businesses. In the business environment, there are two different factors that play a very important role. These are: Intrinsic Factors Extrinsic Factors These factors are explained below: Intrinsic factors are the factors that can be controlled […]
The management is in a constant state of trying to increase its profitability, which will, in turn, the company’s value. The first step in expanding the company’s value is finding out the company’s present value. Without knowing where to begin, it is hard for the management actually to achieve all the goals. Knowing your business’s […]
Finance is looked upon as the lifeblood of any company, and to have control over the finances of a company will be a boon for any management. In the current business, environment businesses are looking to cut short their expenses and are using various methods to do so. These methods include downsizing of the workers, […]
Are you planning to start a small business in Dubai? If you are ready to launch your new business in Dubai, Congratulations! As you know, launching a business is a constant flood of satisfying milestones and increasing to-do lists. With your business launch, you’ll require to get on top of the accounting tasks that come […]
It is the duty of the management of a company to keep track of the financial health of the company. starting a business may look like a monumental task but keeping the business alive and well is a much harder task. The management should keep a close watch on the business activities so that it […]
The Auditing process is very diverse and requires great caution on the part of the business management. The management has to understand the present requirements of the company and accordingly conduct an audit of the company. There are two different types of Audit to be performed by an auditor. These are: Internal Audit External Audit […]
Do you know that the companies in the UAE can be wound up by voluntary Liquidation? This shall get going as initiated by shareholders or a company’s creditors by passing a valid shareholder’s resolution. When a company’s financial process fails and is in financial distress, i.e., the company becomes insolvent whereby it cannot pay off […]
