The UAE has become a fast-moving city. Be it a business or job; the Emirates have a space for all. When it comes to business setup, UAE is the most favourable option by investors. The city has established itself as a booming business hub, backed by the continuous support of the Government. New laws get […]
One of the most drastic change that got implemented in the GCC region was the implementation of VAT proceedings, which became a compulsion for the countries registered under GCC. The United Arab Emirates, being a part of the same circle, has implemented the VAT on 1st Jan 2018, backed by the idea that this would open […]
Whenever it comes to tax payment, it can be seen that individuals as well as organizations try to oversee it, or pay the same at the last minute. Since its implementation, the VAT has mandated the business organizations to pay tax on time, which ultimately helps the government to strengthen the economy and take it […]
The start-up culture has transformed the business world to a great extent. Every business domain is backed by technology which gives birth to innovation and thus the idea of start-up gets highlighted. Ranging from a fresh graduate to an experienced professional, everyone is in the race of establishing and accelerating their business. Dubai is considered […]
When an auditor is selected, the next thing is to prepare your company for an audit. Many people consider an audit of the company as an unsavoury prospect. They don’t want a separate third party to go through their books of accounts and find out mistakes. Nevertheless, auditing can act as a control measure and […]
The implementation of VAT has been one of the turning points for the UAE market. It is quite well known that the Value Added Tax, commonly known as consumption tax, is an indirect tax which gets applied on the goods and services consumed. Although the concept of VAT in UAE has been adopted to fetch […]
The small and medium organizations are referred to as the backbone of a nation. Taking this fact into consideration, the United Arab Emirates encourage the small and medium businesses to flourish in their relevant industry. Absolute essentials need to be taken care at the initial stage of a small organization so that it can grow […]
A person is bound to have the most number of interactions with the retail industry and seeing the steadily increasing retail sector in UAE, the number of such communications will increase. UAE, in general, is considered as a haven for the retail industry. One can find retail outlets of all known and unknown products and […]
Evaluating company finance is one of the necessities that every organization needs to step in. A business entity’s ultimate goal is to earn a profit, but measuring the cost that gets involved in the entire process is one of the keys to success. The process of financial audit highlights different dimensions of financial sources and […]
The VAT has been introduced in UAE reasonably recently and has some huge implications on the business conducted in the country. If a company is registered under the VAT law, then the business is legally allowed to collect Value Added Tax from the customers and remit these taxes to the government. The VAT was implemented […]
