One of the most needed and helpful resources for any company is time. If a company does not have time to implement its strategy, then a lot of things can go wrong, and the company could inevitably shut down. In recent years, saving time has been possible due to the use of various techniques and […]
Factors to keep in Mind before Business Diversification
Most businesses focus on only a single product or service, which has a plus point that the complete focus of the management is on the production of the product or service. Still, the negative factor is that if the works emend gets low, then the business will have to reduce its production, and it may […]
How can COVID-19 Impact the Middle East Economies?
The Coronavirus or the COVID-19 has had a huge impact on the businesses worldwide, which has, in turn, affected the economies of the country drastically. There have been complete or partial lockdowns due to which people all around the world have not been able to work. There have been some people who do not have […]
How can you improve the Cash Flow of a Business during the times of the Coronavirus?
The worldwide outbreak of the Coronavirus has changed the situation for the world economies. There have been blanket bans on international traveling and various restrictions on people. Individuals were not able to go for jobs, which has had a huge impact on the economies of various countries. The Coronavirus outbreak has resulted had such a […]
All you need to know about Freelance Work Permits in the UAE
We have seen a steady escalation in the number of people who are looking to do the work which they feel like without joining a business. The Government of the UAE has understood this increasing requirement and taken steps to assist people from coming into the country. The actions taken up by the UAE government […]
Tax Audit according to the Federal Law No.7
Taxation plays a huge role in sustaining and developing the economy of a country. This is why the government of a company should take every care of how the taxes are implemented and assessed, what will be the penalties, and about the tax refunds and various other provisions. Keeping this in mind, the cabinet of […]
How to Register your Company for VAT?
There is a great need to create and maintain business records in the United Arab Emirates, especially after the implementation of Value Added Tax. Keeping a record of all the transactions related to the business will not only help in finding out the present condition of the business but will also help in deciding a […]
Changes to ESR Regulations in UAE- August 2020
UAE issued Cabinet Resolution No 57 of 2020 (the “Amended ES Regulations”) on August 10, 2020, which repeals and replaces the original ES Regulations, along with updated guidance, which will clarify the amended ES Regulations (Ministerial Decision 100 of 2020 dated 19 August 2020). The amended ES Regulations apply from 1 January 2019. Major changes are highlighted […]
Business Opportunities Arising due to COVID-19
The pandemic caused due to the spread of the Coronavirus has had a huge impact on businesses all over the world. Nobody could have thought that the whole world would come to a literal standstill. The situation may be gradually returning back to normal, but there is still fear among the hearts of the people. […]
Effects of Technology on Accounting Services in Dubai
In recent years technology has made enormous strides in all walks of life. From construction to food to manufacturing, there have been great technological strides in every industry. These changes have vastly transformed how we deal with various parts of life. Accounting is also recognized as the language of the businesses and is not an […]