It is common for business entities to commence within a group, meaning, broadly, several firms under common ownership. Tax grouping or VAT grouping means two or more businesses or limited liability partnerships can be possibly considered as a single taxable entity for VAT. Since the enactment by the United Arab Emirates Ministry of Finance of […]
Auditing is essential for a company because it allows us to pursue and achieve different corporate objectives. Business processes need a variety of forms of internal control to ease out supervision and monitoring, detect and prevent irregular transactions, measure ongoing performance, to maintain satisfactory performance and also to promote productivity. Auditors gauge the risk of […]
Outsourcing is a must in the business world nowadays. The biggest companies are also permitting to outsourcing because it allows them to have the profit of expertise at a cheap cost. Accounting services gives an essential example of the benefits of outsourcing. Keeping an accounting team demands a great deal of effort. By outsourcing restaurants […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
