Financial advisors will support you in so many ways to invest and to achieve your long-term objectives. A financial planner also is liable on behalf of his clients for more than just conducting business on the market. Significant Roles of a Financial Advisor 1. Expertise Financial advisors are more knowledgeable than most people about investment […]
A review of the tax framework of the UAE was done by the European Union, and some of the criteria were to meet by the UAE, which led to the addition of the country to the EU list of Non-Cooperative jurisdictions for Tax Purposes, also known as the EU Blacklist. This, along with the fact […]
Every business needs to follow an accounting method that follows specific predefined standards. These accounting standards help the management of a company in measuring the performance of a company. The administration has to choose from the various types of accounting standards, but in general, there are two main types of accounting standards that are most […]
The United Arab Emirates understood that the country could not depend upon the revenue from a single source. Thus the Value Added Tax (VAT) was implemented all over the country from 1st January 2018. The new tax will not only help the economy of the country to obtain an original source of revenue but will also […]
The implementation of Value Added Tax (VAT) in the country helped the government tap into a new source of revenue for the country. This tax has been introduced in the United Arab Emirates on the 1st of January 2018 and requires special attention from the side of businesses. A business must be registered for VAT as […]
One of the building blocks of any company is the investors, and all the companies required these investors to grow and expand. An investor will invest in a particular company only if he has access to all the information about the company. In the last few years, there is an increase in the demand for […]
The Sharjah International Airport Free Zone is one of the favourite free zones for businessmen and entrepreneurs all over the world. This free zone strives to provide the best possible services to the members along with world-class infrastructure. It is currently the home for more than 5,500 companies from all around the globe. The introduction […]
Taxation may seem cumbersome to many people, but it has its own benefits. It is a way for the government to generate revenue on its own, which could be utilized in the development of civic amenities and helping the population of the country. With the increasing population in the world, having a separate source of […]
The Economic Substance Regulation (ESR) Reporting has been recently introduced and implemented in the United Arab Emirates. The ESR Reporting is a step taken by the government in order to combat the tax-related frauds which happen by various companies in the country. According to the ESR Reporting, all the companies must notify the relevant authority […]
Value Added Tax or VAT is one of the latest addition to the taxes which will be applicable to the entities in the UAE. VAT will not only help create a financial record for all the business entities in the country but will also assist the economy of the country by creating a separate and […]
