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Accounting Services

Accounting Challenges Faced by Corporates

September 28, 2020 admin Comments Off on Accounting Challenges Faced by Corporates

All Corporates will face similar accounting challenges in the future years. If you mishandle any of these challenges in the coming years like say, if you miss a deduction at tax time, if you leave your data at risk to hackers, or if you fail to use the right accounting software, then your business will lose […]

News

All you need to know about Freelance Work Permits in the UAE

September 10, 2020 admin Comments Off on All you need to know about Freelance Work Permits in the UAE

We have seen a steady escalation in the number of people who are looking to do the work which they feel like without joining a business. The Government of the UAE has understood this increasing requirement and taken steps to assist people from coming into the country. The actions taken up by the UAE government […]

Economic Substance Regulation

Changes to ESR Regulations in UAE- August 2020

September 7, 2020 admin Comments Off on Changes to ESR Regulations in UAE- August 2020

UAE issued Cabinet Resolution No 57 of 2020 (the “Amended ES Regulations”) on August 10, 2020, which repeals and replaces the original ES Regulations, along with updated guidance, which will clarify the amended ES Regulations (Ministerial Decision 100 of 2020 dated 19 August 2020). The amended ES Regulations apply from 1 January 2019. Major changes are highlighted […]

News

Business Opportunities Arising due to COVID-19

September 4, 2020 admin Comments Off on Business Opportunities Arising due to COVID-19

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. […]

News

Can Technology Replace Accountants in the Future?

September 1, 2020 admin Comments Off on Can Technology Replace Accountants in the Future?

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 […]

Tax Services

A Guide to Voluntary Tax Registration

August 28, 2020 admin Comments Off on A Guide to Voluntary Tax Registration

Value Added Tax is a reasonably new addition to the tax situation in the United Arab Emirates. There are many questions regarding VAT in the minds of the businessmen. Many people feel that the implementation of VAT in the UAE is an unnecessary act, but in reality, VAT is a significant tax for the people […]

Tax Services

All about Tax Groups according to Federal Decree-Law No. (8) of 2017

July 13, 2020 admin Comments Off on All about Tax Groups according to Federal Decree-Law No. (8) of 2017

The recent implementation of the Value Added Tax in the United Arab Emirates was a brilliant move on the part of the Government of the country. The application of this new tax will not only help the country in getting a new source of the fund but will also assist the company in acquiring new […]

Accounting Services

Advantages of Adopting IFRS in the UAE

July 6, 2020 admin Comments Off on Advantages of Adopting IFRS in the UAE

The International Financial Reporting Standard (IFRS) is a widely accepted and most followed accounting standard all over the world. The IFRS was issued by the International Accounting Standards Board (IASB) and the IFRS Foundation and will assist the management of the companies and accountants all over the world to understand the business numbers of the […]

Audit and Assurance

Company formation process in Dubai demands Approved Auditors

July 3, 2020 admin Comments Off on Company formation process in Dubai demands Approved Auditors

The main aim of any business organization is to make a profit for them as well as the shareholders of the company. This aim can be achieved by availing proper Accounting and Auditing services. Auditing plays a huge role in the development of a business. Not only it will provide information about the internal processes […]

Audit and Assurance

Top 4 Reasons to Avail Audit Services in UAE

July 2, 2020 admin Comments Off on Top 4 Reasons to Avail Audit Services in UAE

Audit services in UAE are vital for businesses of all types and sizes. Negligence in auditing or choosing a random audit firm in UAE can also cause you a severe penalty.  Audit service in UAE from a reputed audit firm will save you time and money. People might ignore company audits, thinking it’s time-consuming; yes, […]

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