When starting a business, the first things that a businessperson would require is knowledge in the particular domain, and next, he would need to secure funds for the company. There are various methods to procure funds for the company such as by applying for loans, crowdfunding, shares and debentures, but to gain the complete knowledge […]
Accounting is an essential and crucial function for any business which makes choosing an accountant is a critical decision to take. Nowadays, an accountants job has grown to be much more than just taking care of the Debit and Credit sides of the business. The domain of an accountant now includes not only bookkeeping and […]
Proper bookkeeping is the basic building block of any corrective and control function of a business. Although it is a time intensive and repetitive process, a business will not be able to have a proper financial picture of the company without adequate bookkeeping. In case of large organizations, bookkeeping is the primary activity to be […]
One of the promising business destinations in the United Arab Emirates turns out to be Jebel Ali Free Zone, that is located in one of the competitive locations. Business owners select this region as it gives a broader platform to global connectivity. Upon carrying out the business operations after establishment, it becomes essential at one […]
With the evolution of company structures, the need for accounts maintenance has got a high demand. Business entities in Dubai are expected to follow the international accounting standards to maintain uniformity. Ranging from small to large-sized organizations, the concept of accounting is widely accepted. You must have come across instances where accounting is referred to […]
Whenever we hear about SMEs, one thing that strikes the mind is that it turns out to be a growing ground and holds financial insecurity. It is assumed that business growth is limited and does minimal business operations. However, it stands intact that the SMEs are slow-growing entities at the initial start. There stands a […]
You may have heard multiple times that the job of an accountant is to prepare the financial reports, manage the overall accounts of the company etc. However, you may not be aware of the fact that the presence of an accountant can boost your business. Wondering how? Well, in a clear way, it can be […]
The restaurant business is one of the promising business sectors prevailing in the region of the United Arab Emirates. Serves out to be an amalgamation of different cultures, the region ends up having restaurants dealing with different cuisines available worldwide. Business owners hold a general perception that a restaurant business ends up dealing with only […]
Business organizations have been exponentially growing in the Middle Eastern region. When it comes to Dubai, it is regarded as the land of business and turns out to be the first option in the preferred list of investors. As we all know that the technology has in-turned changed the overall business culture, the Government of […]
On 1st Jan 2018, the United Arab Emirates (UAE) came up with the implementation of tax for GCC countries with a rate of 5%. The nation was well known for tax free zones, but this initiative has been taken forward with an idea to generate a different source for income and to leverage the nation’s GDP. […]
