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. […]
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 […]
