Even if a taxable entity is particular about the submission of taxes, there can be errors made. Then the taxable entity has to resolve this dispute relating to the taxes. This can be a lengthy and complicated process in some cases. This article will help a taxable entity to resolve such disputes in the future. […]
Companies operating in the UAE should conduct the affairs per the rules and regulations of various UAE laws, failing to attract fines and heavy penalties. It is also essential for organizations to know the requirements and differences between audit and Due Diligence. Due Diligence Due Diligence is used to assess the company based on reviewing […]
In the changing world, the companies’ main challenges concerning intra-company affairs are handling the employees’ attendance, taxes, and employee compensation. It is the most important because the employees are the company’s backbone and its most important assets. Companies worldwide pay special attention to retaining their employees by providing them with skills training and welfare benefits, […]
For entrepreneurs and businesses worldwide, UAE is famously known as the gateway to the Middle-East and North African markets. A business-friendly environment and the robust legal framework upholding international charters enabled companies to move to the UAE. Risk assessment is integral to all companies, especially for those looking to operate in new environments and looking […]
UAE, one of the most attractive business hubs in the Middle-East and African region. It is a gateway of opportunities for international businesses. Businesses to achieve the next level of growth have entered the UAE by setting up a new entity or Mergers and Acquisitions. Due Diligence plays a significant role in helping companies decide […]
There have been changes made by the UAE government related to an Ultimate Beneficiary Officer (UBO). The government fairly recently released a notification which was titled Cabinet Decision No 58 in the August of 2020. This resolution stated that all the businesses which have been registered in the UAE must declare their Ultimate Beneficiary Owner […]
UAE is known as the Gateway to the Middle East and Africa. The geographical location and the stability it offers in the volatile Middle East region, along with a business-friendly ecosystem, has made UAE one of the top business locations worldwide. As businesses from around the world exposed to different cultures establish regional headquarters in […]
The UAE is one of the top business and investment destinations for global companies. The long stable governance, market opportunities with access to African markets, a business-friendly framework, and a robust legal system have enabled the UAE to attract global business behemoths. The Emirates of the UAE are home to many Freezones, which cater to […]
Companies worldwide, be it start-ups, SMEs, or multinational companies, constantly work to achieve clear goals defined by the management and the board of directors. The company’s performance has to be measured for the management to understand the business numbers and closeness to the company’s goals. Additionally, for a listed company, the shareholders will need to […]
The Freezones in the UAE is popular among global companies due to the unparalleled benefits such as hassle-free approvals, complete foreign ownership, tax benefits and fast incorporation at lower costs when compared to mainland companies. These Freezones offer a specialized tax, customs and imports regime for the benefit of the companies. Separate rules and regulations […]
