The pandemic caused due to the spread of the Coronavirus has had a huge impact on businesses all over the world. Nobody could have thought that the whole world would come to a literal standstill. The situation may be gradually returning back to normal, but there is still fear among the hearts of the people. […]

In a few decades, there have been huge developments in science and technology. These developments have affected everyone, and everything and the business world has not been left untouched. Technology has had a positive effect on various business activities and has become part and parcel of business. With the arrival of various technologies such as […]

The past few decades have seen considerable advancement in the technologies in all walks of life. Be its manufacturing industry, communication industry, retail industry, automotive industry, etc. the development of technology has impacted every sector. The accounting industry, though, has been a little slow in catching up with the latest technological know-how but is slowly […]

Dubai has recently announced the introduction of a ‘Virtual Commercial License’ in Dubai. This license is the first of its kind, and the possession of this license will allow entrepreneurs and businessmen all around the world to conduct their business in Dubai on a digital platform without any physical presence. About the Virtual Commercial License […]

On 1st Jan 2018, the government of UAE has taken a step forward to increase the revenue sources in the nation by implementing the VAT system at a rate of 5 percent on the taxable supply of goods and services at every point in the supply chain. Any business entity that holds taxable supplies and imports […]

The implementation of the Value Added Tax in the United Arab Emirates is a reasonably new change, and this change was made to help both the public as well as the business entities. Not only will the VAT reduce the dependency of the country on the oil and hydrocarbon sector, but it will also simplify […]

The importance of Accounting function is known to every business person. In today’s scenario, the accounting function has a very big role to play in the financial management of a company. Accounting is one of the most basic functions which is required to be performed by a company. Services such as Accounting and Bookkeeping have […]

Keeping track of all the transactions, financial or any other kind, of the company is very important for it to grow. With the knowledge of every transaction made, the management of the company will be able to predict the outcome of the decision they make on the business front and will also be able to […]

At the beginning of the year, there were only talks around the water coolers about a virus that had come from the bats, but nobody paid attention to it. Gradually this virus spread all over the world, but still, the people used to think that this virus can be contained to a specific location. And […]

The COVID-19 crisis is a crucial stage where businesses need all the guidance they can get to navigate through the storm. It is advisable to go for accounting service either by hiring an accountant or else by outsourcing an accountant. Accountants can help you by joining their hands with your organization on this battlefield. Advantages […]