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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
