Basics of Tax Grouping and their Provisions

Every business entity needs to pay a certain amount to the government at the end of the financial year, referred to as “Tax.” Recently, the Government of the United Arab Emirates has implemented the VAT law that applies to the...

August 19, 2020

Rules for exporting Zero Rated goods by Approved Auditors

Audit and Assurance

Rules for exporting Zero Rated goods by Approved Auditors

On 1st Jan 2018, the United Arab Emirates have implemented the concept of Value-Added-Tax (VAT), to build a unique route for revenue generation. This concept gets implied on the business entities who are entitled to deal with VAT with a rate...

August 18, 2020

Recent Technologies that have Changed the Accounting Industry

News

Recent Technologies that have Changed the Accounting Industry

The past few decades have seen considerable advancement in the technologies in all walks of life. Be its manufacturing industry, communication industry, retail industry, automotive industry, etc. the development of technology has impacted every sector. The accounting industry, though, has...

August 17, 2020

What to look for while selecting Accountants and Auditors in Dubai?

Audit and Assurance

What to look for while selecting Accountants and Auditors in Dubai?

To make the company a successful one, the management should pay close attention to the finances of the company and how they are handled. Initially, the funds of the company can be managed by the owner of the company, but...

August 14, 2020

Introduction of Virtual Commercial License by Certified Public Accountants in Dubai

News

Introduction of Virtual Commercial License by Certified Public Accountants in Dubai

Dubai has recently announced the introduction of a ‘Virtual Commercial License’ in Dubai. This license is the first of its kind, and the possession of this license will allow entrepreneurs and businessmen all around the world to conduct their business...

August 13, 2020

Why Avail Professional Company Liquidation Services?

Audit and Assurance

Why Avail Professional Company Liquidation Services?

Starting a business in the UAE is a feasible option for business investors and entrepreneurs. However, it is to be noted that once the business entity gets established, the real challenge is to maintain its existence. Any small move or...

August 12, 2020

Why Is Professional Audit Report Important for a Business?

Audit and Assurance

Why Is Professional Audit Report Important for a Business?

It is a well-known fact that a business entity needs to undergo the audit process once in the financial year. Now, proceeding ahead alone with the business audit is a crucial task as it involves inspection and scrutiny of multiple...

August 11, 2020

VAT Rates for Different Industries in the UAE as per Auditors in UAE

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VAT Rates for Different Industries in the UAE as per Auditors in UAE

On 1st Jan 2018, the government of UAE has taken a step forward to increase the revenue sources in the nation by implementing the VAT system at a rate of 5 percent on the taxable supply of goods and services at...

August 7, 2020

Why should you implement Forensic Accounting in Business

Accounting Services

Why should you implement Forensic Accounting in Business

Accounting is a very important part of any business, so important that it is considered as the language of businesses. Accounting deals with the recording summarizing analysing and presenting all the business calculations performed by an organization over a definite...

August 6, 2020

How Approved Auditors Can Help in Tax Penalty Settlements

Tax Services

How Approved Auditors Can Help in Tax Penalty Settlements

One of the most certain scenarios for a business entity is the tax calculations and payment proceedings on a periodical basis. As per the rules stated by the UAE government, the business entities Must submit VAT/Excise returns either monthly or quarterly....

August 5, 2020

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Author: CA Jiby Joseph

Basics of Tax Grouping and their Provisions

Rules for exporting Zero Rated goods by Approved Auditors

Recent Technologies that have Changed the Accounting Industry

What to look for while selecting Accountants and Auditors in Dubai?

Introduction of Virtual Commercial License by Certified Public Accountants in Dubai

Why Avail Professional Company Liquidation Services?

Why Is Professional Audit Report Important for a Business?

VAT Rates for Different Industries in the UAE as per Auditors in UAE

Why should you implement Forensic Accounting in Business

How Approved Auditors Can Help in Tax Penalty Settlements

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