by jaxaadmin 14, Aug 2020
To make the company a successful one, the management should pay close attention to the finances of the company and how they are handled.
by jaxaadmin 13, Aug 2020
Dubai has recently announced the introduction of a ‘Virtual Commercial License' in Dubai.
by jaxaadmin 12, Aug 2020
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 existence.
by jaxaadmin 11, Aug 2020
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 scenarios.
by jaxaadmin 10, Aug 2020
The maintenance of company records and data turns out to be a challenging task. The conventional belief emphasized the maintenance of cash inflows and recording business transactions. However, modern rules pay attention to every possible touchpoint to understand the business more conveniently.
by jaxaadmin 07, Aug 2020
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 per cent on the taxable supply of goods and services at every point in the supply chain.
by jaxaadmin 06, Aug 2020
Accounting serves to be an essential part of a business entity, that deals with the business calculations performed by an organization over a definite period of the business cycle. Now, the level of accounting has been leveraged over the years, which has given birth to its’ sub-categories.
by jaxaadmin 05, Aug 2020
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.
by jaxaadmin 04, Aug 2020
Tax recordings are one of the integral parts of the business that needs to be clear and error-free.
by jaxaadmin 03, Aug 2020
With the growing number of company formation in Dubai, the demand for accounting and audit services has continuously been increasing. A business entity needs to implement multiple services to monitor the growth possibilities and grab on colossal revenue.
by jaxaadmin 31, Jul 2020
As a freelancer, you may have various clients, and common concerns of freelancers are getting paid. It is hard to keep a record of who owes you money, when, and how much. That is why freelancers need to understand bookkeeping and use bookkeeping tools.
by jaxaadmin 30, Jul 2020
Keeping a continuous track of business transactions is a tedious job. However, non-maintenance of the same will lead to a difference in the business calculations and relevant proceedings.
by jaxaadmin 29, Jul 2020
The business records are a vital element that plays a significant role in leveraging the growth opportunities for an entity.
by jaxaadmin 28, Jul 2020
The invention and growth of technology have brought a massive change to the business world, infusing itself to every possible domain. Over a period of time, the usage and utilization of technology have been implemented in different areas like accounting, audit, tax, etc.
by jaxaadmin 24, Jul 2020
One of the core ideas of incorporating a business entity is to earn profits and build a high reputation in the targeted market. It is essential to understand that a business entity would be able to meet its goals when the internal proceedings of a business entity are streamlined.
by jaxaadmin 23, Jul 2020
Over the past few years, there has been a massive increase in the growth of business entities in the region of Dubai. Holding the flexibility of providing a perfect investment ground, the government has taken multiple strategies to ease the business setup process in the area of the UAE.