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 […]
The United Arab Emirates has been a fairly new addition to the list of countries that have implemented Value Added Tax (VAT). The government of the UAE has also introduced many laws and regulations which have drastically improved the number of business opportunities one can avail in the country. this has led to a number […]
Businesses worldwide work with a mission to find opportunities and solve problems persistent in the world. Along the journey to achieve growth, companies invest in resources that include employees, infrastructure etc. Companies find different means to finance the resources employed. They face challenges daily, and at times, companies fail to meet their debt obligations to […]
We have seen a huge growth in E-Commerce platforms in the past few years. This has been possible due to advancements in technology that have been made in the years past. The growth of the E-Commerce platforms was also possible because of the pandemic caused due to Covid-19. As the people were confined to their […]
In this ever-changing business world, the most common news we hear is regarding company mergers and acquisitions. The UAE is considered as one of the most attractive business locations on a global scale and is also home to a large number of companies in diverse sectors. Mergers & Acquisitions are an integral part of the […]
UAE is home to many international businesses and entrepreneurs, both local and foreign. The sheer number of business opportunities provided by the UAE is available only in few countries worldwide. The UAE, due to its proximity to countries in Asia, Europe and Africa, has certain geographic advantages which attract businesses. For companies to carry out […]
It is crucial for companies operating in the UAE to know new Economic substance regulations which may impact the business. Let us know more about the impact of the Economic substance regulations. Economic Substance Regulations (ESR) The UAE Government has brought the Economic Substance Regulations (Cabinet of Ministers Resolution No. 31 of the year 2019) on […]
The pandemic has changed how the entire society works, forcing people to reduce their social interactions. Non-essential businesses are now entirely online-based, with many finding that working from home or remotely is more efficient and effective than working in offices. This move has exposed the inefficiencies in traditional bookkeeping and accounting for accounting professionals, which was largely outdated even […]
Setting up a company in the United Arab Emirates can be very profitable for people from all over the world. For such companies understanding how Value Added Tax is applicable to the companies is very important. These businesses must import goods into the county to continue all the business activities. Such companies must have a […]
