The importance of free-zones in the United Arab Emirates is well known to all. These free zones allow a foreigner or even a local to set up a business in the zone straightforwardly and quickly. These free zones have their administration which will enable them to cater to the businesses in the area an also […]
How to Protect Your Company from Being Insolvent?
Establishing a company and holding a physical existence for the same requires continuous efforts at every point. The initial phase requires rigorous planning, brainstorming, dedication, and of course, the will to succeed. However, once you incorporate and get a company registration certificate, or carry out the business activities, do you think that’s enough? Building a […]
Capital Budgeting Techniques for Small Business
A small business is a significant part of a country’s economy. These small businesses provide business opportunities to budding entrepreneurs and help in the creation of meaningful jobs. In a country like UAE, they form the backbone of the economy. According to the UAE Ministry of Economy, they account for more than 80% of the […]
Use of Analytics in Internal Audit
Every person who has delved deep into the business world knows the importance of doing an internal audit of the company. An internal audit will not only help the management to understand the present situation of the company but will also allow them to take control of the current condition of the company and make decisions for […]
Accounting Services in DMCC
The ground of Dubai turns out to be an attractive platform for global business investors as provides a favourable climate when it comes to business incorporation. Irrespective of the size and nature of the business, an owner or investor can count on the region for establishing their business roots. The Government of UAE has diversified […]
How to Recover from a Low Audit Ranking?
The corporate world is a competitive market where the business entities constantly compete to gain a better position, fame, with an ultimate goal of acquiring profit from its targeted customers. Now, the definition of a good or a bad company can be defined, only if, one knows the inside proceedings of business. Audit plays precisely […]
Audit Report-A Vital Instrument for Every Business
In the corporate world, the business entities have to undergo the audit process that stands as a mandate, irrespective of the size and nature of business. The ground of Dubai stands as one of the most prominent business grounds for the business owners and investors to come forward and set up their business. At the […]
All You Need to Know About VAT – Are You Prepared?
We all know that the United Arab Emirates has copious amounts of reserves of oil and gas and have a very flourishing Hydrocarbon industry. Except for Dubai, the country of UAE is heavily dependent on revenue from the oil and gas sector. The hydrocarbon sector plays a considerable role in the economy of the UAE. […]
The Challenge of Raising Capital for your Business
In current times, the notion of having one’s own business is a prevalent idea. This is the reason that there is an increase in the Small and Medium Enterprises all over the world. Many entrepreneurs have the idea to start a new business but very less are able to get the required funding for the […]
Importance of Audit in MASDAR City
When we talk about setting up a business in the United Arab Emirates, two places pop into our minds. These are Dubai and Abu Dhabi. Dubai it the recipient of most of the hype and is one of the biggest city in the world, but Abu Dhabi is the underdog in the business setup aspects. […]