Blogs

Mandatory and Voluntary VAT registration in Dubai for Businesses

by jaxaadmin 27, Mar 2020

Mandatory and Voluntary VAT registration in Dubai for Businesses

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.

Accounting aids Real Estate Business to Achieve their Business Goals

by jaxaadmin 26, Mar 2020

Accounting aids Real Estate Business to Achieve their Business Goals

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.

A Guide to Tax according to the Federal Law No.7 of 2017 on Tax Procedures

by jaxaadmin 25, Mar 2020

A Guide to Tax according to the Federal Law No.7 of 2017 on Tax Procedures

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.

Tips for Choosing the best-fit Bookkeeping Firm for your Business

by jaxaadmin 24, Mar 2020

Tips for Choosing the best-fit Bookkeeping Firm for your Business

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.

Why is Professional Audit Report Important for an Organization?

by jaxaadmin 23, Mar 2020

Why is Professional Audit Report Important for an Organization?

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.

Why Hire Outsourced Payroll Services for your LLC Company?

by jaxaadmin 20, Mar 2020

Why Hire Outsourced Payroll Services for your LLC Company?

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.

Business License and other Prices lowered in Jebel Ali Free Zone

by jaxaadmin 19, Mar 2020

Business License and other Prices lowered in Jebel Ali Free Zone

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.

VAT Regulations Are Affecting the Rate of FDI in UAE

by jaxaadmin 18, Mar 2020

VAT Regulations Are Affecting the Rate of FDI in UAE

The United Arab Emirates is a league of seven emirates, with local governments and the autonomous emirate.

The UAE VAT Guide- What's Exempt and What's not

by jaxaadmin 17, Mar 2020

The UAE VAT Guide- What's Exempt and What's not

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.

Remember These 6 Things to Avoid A Business Tax Audit

by jaxaadmin 16, Mar 2020

Remember These 6 Things to Avoid A Business Tax Audit

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.

6 Reasons Why Law Firms Need Legal Accountants

by jaxaadmin 13, Mar 2020

6 Reasons Why Law Firms Need Legal Accountants

Most lawyers are not accountants, and you shall have a legal accounting department, no matter if it is a small or a big law firm.

Measures to Avoid Internal Audit Blunders

by jaxaadmin 12, Mar 2020

Measures to Avoid Internal Audit Blunders

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.

Forensic Accounting and Certified Fraud Examiner

by jaxaadmin 11, Mar 2020

Forensic Accounting and Certified Fraud Examiner

Forensic accountants may help with risk reduction and risk management through the customized design of accounting and auditing systems and procedures.

All you must know about an Audit Report

by jaxaadmin 10, Mar 2020

All you must know about an Audit Report

An audit report is a report that contains the opinion of the auditor, which is issued by the independent auditors after their examination on the entity’s financial statements and related reports.

Things to Consider when Choosing a Fraud Examination Firm

by jaxaadmin 09, Mar 2020

Things to Consider when Choosing a Fraud Examination Firm

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.

All You Need To Know About FTA Audit File

by jaxaadmin 06, Mar 2020

All You Need To Know About FTA Audit File

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.