Abu Dhabi’s International Financial Centre has now opened its doors for global as well as local applications to launch digital banks. The world itself has transformed in the last few years due to the digitalisation of the banking industry, and every sector is now vulnerable to complete transformation. The FSRA (Financial Services Regulatory Authority) of […]
Importance of Accounting in Dubai World Trade Centre
Setting up a business in UAE is a very lucrative prospect and a profitable one too. In order to diversify the economy of the country, the government of UAE has taken several steps which allow a foreign company to be established in the UAE without much hassle. One such effort made by the government is […]
Benefits of Using a Payroll Software
Starting a business is not an easy task. There are thousands of things to do, various licenses and approvals to take, talk and negotiate with vendors, retailers, keep tabs on the marketing of the company and many other jobs that will require your undivided attention. When talking about starting a business, how can one forget […]
How DMCC Approved Auditors can help you in Tax Return filing?
The country of the United Arab Emirates has established several free zones which allow a company to set up itself in the country without facing much hassle. Each of these free zones has its own rules and regulations, and some of them require a mandatory annual audit. One such free zone which requires a yearly […]
What Are the Top Certifications in Accounting?
Fields like medicine, accounting, finance, computer science, human resources, operations management, etc., all are available with different certifications. Here, we’ll discuss why accounting and finance certifications are important and how it impacts candidate’s career. The Importance of Certification A candidate which possesses all the skills needed to be hired is not the only essential part of hiring. […]
Corporate Governance and Forensic Accounting in Fraud Examination
Forensic accounting handles all the financial information which is liable to legal reviews. The information which is gathered, compiled include economic transactions, accounting systems, bills and payments, returns and payrolls, etc. A final report is developed based on these findings. All the accountants can undertake the responsibility but, because of increasing trends in the international […]
Cheapest Free Zones for Your Business in the UAE
The presence of the various free zones is undoubtedly one of the best news for people in business and entrepreneurs that want to set up a business in the UAE. A Free Zone is a designated area within an emirate in UAE, and these free zones have their benefits. These free zones are specifically established, […]
DMCC Authority (DMCCA) Introduces New Company Regulations 2020
The Dubai Multi Commodities Centre (DMCC) is considered as the leading free zone of the United Arab Emirates and has played a crucial role in attracting global and local businesses. With the presence of a stable political environment and an understanding, the Government has made this free zone the poster boy for setting up a […]
Learn How Fraud Examination Works
Banks and financial institutions are attacked and remain at the forefront of economic crime and fraud. A crucial element shall be identified in terms of fraud activities and investigating them. The central theme is to overcome challenges and bring confidence in a fraud investigation that can be presented by the people who are taught and […]
6 Things to Know Before Outsourcing Your Bookkeeping in Dubai
Outsourcing is when you make a contract with an outside provider of various services to conduct some of your company’s recurring internal activities. Outsourcing can include financial bookkeeping, accounting, and reporting, and analyzing to increase efficiency and at the same time, reduction of the costs of your business. The reasons for outsourcing include cash flow […]