Impact of the Economic Substance Regulations (ESR) on the Businesses in the UAE

The Economic Substance Regulations (ESR) was introduced in the United Arab Emirates through the Cabinet Decision Number 31 of 2019. This regulation was implemented to reduce illegal tax practises and wrong doings in the business community. This regulation will put...

July 1, 2020

Top 7 Reasons to Implement Bad Debt Accounting

Accounting Services

Top 7 Reasons to Implement Bad Debt Accounting

Customer is regarded as the king of any business. Imagine a scenario wherein the king fails to pay the appropriate amount, and the business entity has got no accountability? Scary, right? Well, to avoid such unwanted scenarios, it is highly...

June 30, 2020

Financial Restructuring

How Can Financial Restructuring Help Your Business?

Finance is the fuel that drives the engine of a business entity, and without which an organization can’t perform. Now, a business organization needs to understand that keeping an eye on the available finance and knowing its utilization is a...

June 29, 2020

How Approved Auditors Perform Tax Audit?

Audit and Assurance

How Approved Auditors Perform Tax Audit?

A tax audit is an examination for a business entity that is meant to uncover the fraud and inaccurate proceedings related to tax and its filing and return. In Jan 2018, the UAE government initiated the VAT proceedings that is...

June 26, 2020

How Accounting Software Helps a Business to Grow?

Accounting Services

How Accounting Software Helps a Business to Grow?

In the modern world, technology has become an unbreakable threshold that has infused itself in multiple domains. Ranging from a small mom-and-pop store to a multi-national company, technology has established itself in every corner to make the lives and business...

June 25, 2020

Why Hire an Accountant and an Auditor Simultaneously?

Accounting Services

Why Hire an Accountant and an Auditor Simultaneously?

You must have heard a lot that accounting is the language that reveals the complete work-proceedings of a business entity. A corporate body needs to maintain error-free business records as that would be easy for the management to prepare documents...

June 24, 2020

ESR- Which all Companies should be Worried?

Economic Substance Regulation

ESR- Which all Companies should be Worried?

The European Union has performed a review of the tax framework of the United Arab Emirates, and in the review, it was found by the European Union hat certain conditions were not met. This led to the EU adding the...

June 23, 2020

How can Company Due Diligence be Profitable for a Business?

Audit and Assurance

How can Company Due Diligence be Profitable for a Business?

The term due diligence may sound like a new concept but this term has been in use since the mid-fifteenth century. Due Diligence can be explained as taking steps in order to avoid any mistake or offence. In the business...

June 22, 2020

Audit and Assurance

Importance of Analytics in Audit

Auditing is an age-old procedure of understanding the position of your company. An auditor will try to analyze the performance of a company by evaluating the data produced in performing the various activities of the business. In older days, an...

June 19, 2020

Take Advantage of Skill & Experience of Trusted VAT Consultants

VAT Services

Take Advantage of Skill & Experience of Trusted VAT Consultants

Value Added Tax is an Indirect tax which is levied on most supplies of goods and services. With effect from 1 January 2018, VAT is paid at each phase of the supply chain and is valid to all eligible companies....

June 18, 2020

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Author: Jaxa Auditors

Impact of the Economic Substance Regulations (ESR) on the Businesses in the UAE

Top 7 Reasons to Implement Bad Debt Accounting

How Can Financial Restructuring Help Your Business?

How Approved Auditors Perform Tax Audit?

How Accounting Software Helps a Business to Grow?

Why Hire an Accountant and an Auditor Simultaneously?

ESR- Which all Companies should be Worried?

How can Company Due Diligence be Profitable for a Business?

Importance of Analytics in Audit

Take Advantage of Skill & Experience of Trusted VAT Consultants

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