by jaxaadmin 27, Mar 2020
Value Added Tax (VAT), considered an all-purpose utilization tax is levied on the mainstream businesses in supplies/goods and services. It is advised to consult a VAT consultancy service in the UAE to pursue business within a legal framework.
by jaxaadmin 26, Mar 2020
A well-managed accounting is vital for real estate business. Working in real estate, whatever genre it is, means dealing with large sums of money regularly.
by jaxaadmin 25, Mar 2020
On the 24th September 2017, the cabinet of the United Arab Emirates issued Decision number 36 on the Executive Regulation of Federal law number 7 of 2017.
by jaxaadmin 24, Mar 2020
The UAE is one of the leading business hubs in the world. Accounting and bookkeeping services are of significant importance for any business firm irrespective of its size and demographics.
by jaxaadmin 23, Mar 2020
The importance of auditing can be overstated. A professional auditor not just clears all your issues, but also helps in improving your organisation. An auditor’s statement provides an opinion on the reliability and validity of a company’s financial statements.
by jaxaadmin 20, Mar 2020
Payroll is a significant business expense and is subject to various procedures and regulations, so every business must ensure that the payroll process is 100% precise and reliable. Personnel need to be able to rely on being paid the correct and agreed amount and on a steady basis.
by jaxaadmin 19, Mar 2020
There is a piece of good news for the businesses that are looking to set up a company in the United Arab Emirates. DP World, which is the owner of the Jebel Ali Free Zone, has reduced the cost of the license fee.
by jaxaadmin 17, Mar 2020
In an announcement followed by the introduction of the VAT regime in the UAE, the Federal Tax Authority (FTA) revealed a list of suppliers across the country’s various sectors to be subject to VAT. FTA also disclosed the list of supplies that apply to zero-rated tax.
by jaxaadmin 16, Mar 2020
The VAT has already been implemented by the UAE government on the supply of taxable commodities, goods and services set up from January 01, 2018. The Federal Tax Authority (FTA) can audit the companies that are required to pay taxes to determine their tax compliance.
by jaxaadmin 12, Mar 2020
Auditing is providing comfort over the accuracy of management accounts or unrolling systematic errors occurring throughout the year. At the end of the year, an audit is critical to decision making for an organization placing reliability on management information.
by jaxaadmin 09, Mar 2020
Fraud and risk management are of significant importance for companies in today’s global marketplace with many UAE-based and international companies losing a part of their annual revenues every year.
by jaxaadmin 06, Mar 2020
What is Audit? The term audit refers to the examination of records, returns, and other such documents of a registered entity to verify that the turnover declared, refunds claimed, taxes paid, and input tax recovered are correct or not.