The recent Covid-19 pandemic has affected the economy and pushed millions of companies into near bankruptcy and closure. In addition, the pandemic has reduced consumption and affected the production and supply chains due to the subsequent virus-variant containment waves, frequent lockdowns and shortage of man and material. In the pre-covid times, companies operating in the […]
How can Accounting provide a massive help to Amazon Sellers?
With a rise in the E-Commerce Culture and the majority of people doing shopping from the comfort of their home, becoming a seller on Amazon is a really good and viable option available to the people. The Covid-19 pandemic has shown that shopping from home can be a very simple and easy process. One does […]
Steps to Set up a Subsidiary Office in the UAE
The companies looking to create their presence in a new market will prefer setting up a subsidiary company. This company is legally independent and has minimal interference from its parent companies in the company’s workings. The parent company can amass various resources which can e utilised later on by the parent company. This can significantly […]
Top 6 Benefits of Outsourcing Payroll Services
The payroll process plays a central role in every organization. A suitable and robust payroll system can keep many company problems at bay. It takes enormous effort and hard work from every employee for any company to become a successful venture. A timely payroll can be a factor that inspires the company employee to give […]
How to Value your Business in UAE
Companies across the world tend to grow over a period to increase shareholder wealth. The growth is achieved either by market expansion, product diversification, merger and acquisition of the competitors. Companies may also have to raise capital to fund the expansion and achieve growth. The merger and acquisition are carried out based on many factors […]
Importance for Audit of a Company in the Modern World
The modern world is more connected, organized and progressive with the adoption of technology. Globalization has eased the sharing of technology, best practices and culture. The opening of markets, especial by the Middle Eastern countries, has resulted in many international companies foraying to tap potential growth in these markets. The Government has adopted modern practices […]
How Outsourcing can be a Strategic move for Businesses
Businesses can remain healthy and operative only when all the functions in the company work in tandem. A disruption in one of the functions can affect the company’s other functions and result in a divergence from the adopted goals and revenue targets. Businesses such as SMEs with limited sources may face issues to execute all […]
Why Reliable Accounting Service Are Important for a Business
The Middle East provides a fertile ground for the setting up of various businesses from all over the world. This is the reason that we have seen many different businesses enter the Middle Eastern markets. With the increasing number of businesses, there is an increased demand for various financial services which can assist the management […]
When can a Company Outsource Accounting and Bookkeeping Services?
Every company requires accounting and bookkeeping services so that it can the existence and development of the company is ensured. But the time at which a company should avail such services is a very subjective matter. The time at which such services should be availed can be different for different businesses. It is the duty […]
Difference between Auditing in Mainland Company and Auditing in Freezone Company
The UAE is a popular investment destination in the world. The government’s business-friendly policies, along with an urban culture, have enabled many entrepreneurs and multinational companies to set up their businesses in Dubai and other UAE emirates. In addition, a robust legal framework in line with international standards and a clearly defined taxation policy has […]