Human tend to have the inclination of measuring the value of each and everything they spend the money on. Establishing a business involves vast risks, so it becomes all the more imperative to check its economic worth from time to time. Business valuation can be well-defined in several ways, but in layman language, we can […]
The finance and accounting business is going through significant changes. Frequent and routine services like bookkeeping and accounting are flooding the industry. Businesspersons have so many options in providers of ordinary accounting services that the process for them is steadily decreasing. There’s a little or no differentiation in this crowded market that the value of […]
The whole world is facing a severe epidemic that has brought the working of the world as an entire to a halt. There are specific industries that are more affected by this virus. Still, by practicing social distancing and by following basic hygiene practices, the globe as a whole will overcome this problem and emerge […]
Fraud can be destructive to a business, especially as financial transactions and fraud schemes are becoming more sophisticated and complex with technology developments. Acknowledging the wide variety of threatening internal and external fraud schemes, including fraud by vendors, corruption and asset misappropriation projects is essential for detecting and deterring fraud. On the authority of the […]
The United Arab Emirates (UAE) has effectively implemented Value Added Tax (VAT) across the Emirates. There has been a good percentage of agreement by the businesses that prove that the tax system is a definite asset in the country. What is a Tax Group? A tax group consists of two or more parties that are […]
Stable accounting software is the go-to solution for all your business needs, helping you run your business smoother and faster. Regardless of the size and demographics of your company, your business gets much-needed momentum to grow and prosper with the help of innovative accounting software. Reliable and stable accounting software makes everyday trade operations of […]
Liquidation is the winding-up of an organisation where the management sells all the assets of the business and distributes them among the shareholders of the company. The company liquidation typically occurs when a limited company has reached a point where for one reason or another, it has is decided by the board of directors and […]
Value Added Tax (VAT), considered an all-purpose utilization tax, is levied on the mainstream businesses in supplies/goods and services. It is advised to consult a VAT consultancy service in the UAE to pursue business within a legal framework. VAT Intimations on Corporations Companies involved in business or trade are accountable to carefully document certain features […]
A well-managed accounting is vital for real estate business. Working in real estate, whatever genre it is, means dealing with large sums of money regularly. The genres may be ranging from running a real estate agency employing commissioned salespeople, to managing a commercial or residential real estate for clients, to handling the accounts of a […]
On the 24th September 2017, the cabinet of the United Arab Emirates issued Decision number 36 on the Executive Regulation of Federal law number 7 of 2017. This decision deals with the tax procedures and the importance of various other provisions which include keeping accounting records and commercial books relating to tax purposes as well as […]
