Dubai is a very lucrative place for entrepreneurs and people in business all over the world. Setting up a company in this place will not only help to register and establish your Business but will also assist you in every possible way to grow and expand the business. This growth will be partially taken care […]
Financial Investigation Process- A Mandate for Business Entities
The company incorporation process is the outcome that involves multi-levels of planning, strategizing and brainstorming, with the ultimate intention of earning a profit. Fetching out more revenue is one of the critical aspects that every business seeks for at some point in time. Once you reach the breakeven, it becomes easier to calculate the profit […]
All You Need to Know About KPIs in Organization
Every organization in the world works towards specific specified goals and has a mission and vision for the future. These goals and targets are measured from time to time to understand the present condition of the organization. These measurable factors which help in figuring out the performance of the company and help us to gauge […]
Costs to Avoid in Business For your Organization
Mistakes and failures are a part of life, and even in the business world, people and companies make mistakes. These mistakes may show the world the weakness among the companies but the mistakes we make also teach a lot to us. These mistakes should be taken up as a lesson, and special care is to […]
Deadline for Submitting Audited Documents for RAKEZ
Whether you are the owner of a Small and Medium Enterprise or are looking to set up a business in the middle east, there is a great need for maintaining and auditing the company records. With the new addition of Value Added Tax and the emphasis of the government of the United Arab Emirates on […]
How is Dubai Expo a Game-Changer for the Finance Industry?
Dubai, one of the fastest-growing cities of the world, is on the edge of transformation. Known to attract millions of business expats from around the world, the region is looking forward to growing at a massive speed in the next two years from now. The upcoming Dubai Expo 2020 is expected to attract a count […]
JAXA – Approved Auditor in RAKEZ
There are a number of free trade zones available to a business in the UAE. These free trade zones aim to provide the best possible services to a company so that the business can reach its maximum potential and grow even more. These free zones focus on a specific industry that allows the government to […]
Is Financial Audit Compulsory in RAKEZ?
In recent years, the United Arab Emirates has now considered a breeding ground for businesses from all over the world and has taken up various measures to attract entrepreneurs and people in business from all around the world. The United Arab Emirates is now considered the gateway to the Middle East. As soon as we […]
Bad Debts Accounting: How Bad Debts Can Affect Your Business
In the corporate world, business relations are based on one crucial factor known as “Trust”, based on which an entity ends up dealing with other entities. The involvement of other business entities or individuals is categorised into two halves: debtor and creditor. A business needs to maintain separate records for its debtors and creditors because […]
The VAT on Transportation Services provided by Educational Institutions
According to the Federal Tax Authority, UAE, the supply of education services provided by Institutions is zero-rated subject to the conditions and criteria laid down under Article 40 of the Cabinet Decision No. 52 of 2017 on the Executive Regulations of the Federal Decree-Law No 8 of 2017 on Value Added Tax (ER). However, the […]