Accounting is a very important function for a business. So important that it is also called the language of a business. Accounting and Bookkeeping functions help the business by recording and analysing all the transactions of the business. This will help the management in deciding a future for the business and will also help in […]
After spending a lot of time on acquiring the various licenses and going through various hoops, you have finally set up a business in the United Arab Emirates. But do not take a sigh of relief just yet. You have only completed the first step, and now you have to run a company, and it […]
Dubai Media City is located under the jurisdiction of Dubai Technology and Media Free Zone (DTMFZ) and is a member of TECOM Investments. It was established in the year 2000 and is now a base for global operations of the world-famous media giants like Forbes, CNN, Reuters etc. This free zone of Dubai Media City was built […]
Every business requires to have capital in hand so that it can perform the daily business activities. This fund or capital for daily use is known as the working capital. This Working Capital needs to be managed properly as if the working capital is affected, and the business activities could be hampered, which will, in […]
Setting up a business is step one to a successful business venture in the UAE. Step two would be maintaining records of your financials day in and out. The government of every Emirate checks your tax returns, spending, transactions, etc. The government does this to ensure that your business stays on the right side of […]
While nurturing Dubai South, the government of Dubai had a vision in mind which was to empower individuals and businesses to achieve their aspirations for the betterment of society and economy. Dubai South was formerly known as Dubai World Central. Dubai South is similar to a dream project for the government of the UAE. Especially […]
Every accountant is aware that accounting is a language of business!! Accounting is the art of documenting, classifying, and summarizing money, transactions, and events. Owing to the rapid changes in the field of information technology, guided by competition and efficiency, the market climate has now become highly competitive. New technologies are designed to cover a wide variety […]
The accounting monitors your money, including purchases, sales, liabilities, and payments of your business accounts. Some of the essential tasks involve bookkeeping (recording financial transactions), Creating financial reports, filing tax returns, and so on. Accountancy helps you gauge the health and value of the company to make better decisions about short- and long-term success. Daily […]
When you are starting a business all the various functions can be handled by the management as the size of the business is small, but as the business increases in size, the number of activities also increases and also get more complicated with time. There is an increase in the number of people working as […]
The process of Bookkeeping may seem insignificant for the business, but it is a necessary function that should be performed by all the businesses, no matter the size of the business. Bookkeeping is a process of recording each and every transaction performed by the business. Having a record of all the transactions can be very […]
