VAT to Increase Restaurant Costs in the UAE
With a view of giving birth to a new source of income, the United Arab Emirates (UAE) has taken a decision to implement VAT with a rate of 5%, that saw the light of day on 1st Jan 2018. Although, this...
Know When to Hire an Accountant for an SMB
There are many good reasons for hiring accounting services at various stages for small business. An accountant can make your life easy at every step, may it be from a business plan to the formation of the company or an application for...
Steps for Liquidating a Company in Dubai Silicon Oasis
The birth of a business entity is the execution of the idea that an entrepreneur holds. An international business platform that motivates such ideas to mold into reality is Dubai. Multiple free zones and segments have been built accordingly to...
Why Is Financial Audit Mandatory for SME Companies Registered in the UAE?
Managing finance is one of the most crucial tasks that every business entity needs to go through. A common question that keeps arising in the minds of an entrepreneur is: Is financial audit mandatory? Do the financial reports needs to...
How Tourists Can Get a VAT Refund in the UAE
The UAE havs transformed itself into a tourist spot. In the first half of 2018, Dubai itself has attracted more than 8.1 million tourists from every corner of the world. Visitors get fantasized with the tourist spots and are also...
How Payroll Outsourcing Can Help Your Business Grow
In simple terms, payroll refers to the process wherein the company keeps a check on the overall payment offered by them. This process of maintaining the track record might seem easy at the initial stage of business, but as it...
How to Protect Your Company from Accounting Fraud
In an organization, the accounting department is one of the most important department as it is responsible to keep a track of all the other departments and also keeps a check on the business transactions of the company since the...
Why Does a Company Need Business Valuations Services in Dubai?
Dubai, one of the fastest developing commercial hubs, is a home to millions of international expats that constitute a large number of entrepreneurs, investors, employees. The destination serves as a home to world business entities and is continuously expanding it...
Why Is Good Record-keeping Needed?
A business entity can stand only if its core pillars are strong enough. These pillars include the different departments, and its stakeholders that give the very meaning of existence to a business entity. From the very first day of incorporation,...
What You Need to Know about Regulatory Compliance in the UAE
Any business organization is an amalgamation of different units and departments and each of these units must work together to become more profitable. Each unit is meant to perform specific tasks and has got their own rules and regulations which has...
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