Blogs

The Implication of VAT on New Businesses in the UAE

by jaxaadmin 17, Jan 2020

The Implication of VAT on New Businesses in the UAE

The implication of the Value Added Tax is one of the latest development in the country which will impact not only the economy of the land but will also have an effect on its business relationships with the other countries.

Why Most Businesses Fail to Earn A Good Audit Score?

by jaxaadmin 16, Jan 2020

Why Most Businesses Fail to Earn A Good Audit Score?

Business entities deal with numerous transactions with different stakeholders since its inception. It is a well-known fact that sustaining a business in a competitive environment is a complex task that requires continuous brainstorming and planning.

Why Tax is Important for Business in the UAE

by jaxaadmin 15, Jan 2020

Why Tax is Important for Business in the UAE

“The hardest thing to understand in the world is the income tax”- Albert Einstein.

How to Get Ahead in Accounting with Audit

by jaxaadmin 14, Jan 2020

How to Get Ahead in Accounting with Audit

In today’s competitive business environment, rigorous planning and strategic needs to be applied to all possible domains to sustain in the competitive market. One of the core pillars that depicts the complete scenario of business is accounting, which is regarded as the language of business.

The Introduction of Virtual Commercial License in Dubai

by jaxaadmin 13, Jan 2020

The Introduction of Virtual Commercial License in Dubai

Dubai has recently announced the introduction of a ‘Virtual Commercial License' in Dubai.

Qualities Needed by an Auditor in DMCC

by jaxaadmin 10, Jan 2020

Qualities Needed by an Auditor in DMCC

Every company requires an auditor to keep the company on the path to success. Proper accounting and auditing will allow a company the company to utilize all of its resources in a judicious way.

Fraud in the UAE: Certified Fraud and Forensic Accounting

by jaxaadmin 09, Jan 2020

Fraud in the UAE: Certified Fraud and Forensic Accounting

Whenever the term “capital” or “money” is used then in someplace the term fraud is also an inevitable term. In short, fraud can be defined as the act of greediness or deception that will lead to personal gain or personal profit. Mostly the purpose behind the fraud is greediness and covetousness.

Accounting in Sharjah Media City (SHAMS)

by jaxaadmin 08, Jan 2020

Accounting in Sharjah Media City (SHAMS)

Sharjah is the third largest emirate in the United Arab Emirates and is regarded as the trading hub. Trading plays a significant role in the contribution to the Gross Domestic Product of the emirate as more than 45% of the GDP comes from selling and related activities.

Benefits of Cash Flow Forecasting

by jaxaadmin 07, Jan 2020

Benefits of Cash Flow Forecasting

It is crucial for a business to understand the future trends of the industry. Such understanding can result in the great success of the company.

Accounting in Dubai Industrial City

by jaxaadmin 06, Jan 2020

Accounting in Dubai Industrial City

There are many Free Zones available to a budding entrepreneur and businessman in the United Arab Emirates. These Free Zones help in providing various benefits to the company of the entrepreneur, which allow the company to flourish. Some of these benefits are given below:

All You Need to Know About Business Valuation

by jaxaadmin 03, Jan 2020

All You Need to Know About Business Valuation

While starting a business, a lot of brainstorming, mind mapping goes into it. Many at times, you might even want to give up when results aren’t meeting the expectation. Whatever be the position of your business, you might be aware about the value that your business holds at the current time.

Accounting Services in Dubai Healthcare City (DHC)

by jaxaadmin 02, Jan 2020

Accounting Services in Dubai Healthcare City (DHC)

Being one of the evolved business destinations, Dubai has been grabbing the attention of business owners and entrepreneurs in every possible way.

ADGM Welcome Digital Banks to Its Renowned International Financial Centre

by jaxaadmin 31, Dec 2019

ADGM Welcome Digital Banks to Its Renowned International Financial Centre

Abu Dhabi’s International Financial Centre has now opened its doors for global as well as local applications to launch digital banks.  The world itself has transformed in the last few years due to the digitalisation of the banking industry, and every sector is now vulnerable to complete tran

Importance of Accounting in Dubai World Trade Centre

by jaxaadmin 30, Dec 2019

Importance of Accounting in Dubai World Trade Centre

Setting up a business in UAE is a very lucrative prospect and a profitable one too. In order to diversify the economy of the country, the government of UAE has taken several steps which allow a foreign company to be established in the UAE without much hassle.

Benefits of Using a Payroll Software

by jaxaadmin 27, Dec 2019

Benefits of Using a Payroll Software

Starting a business is not an easy task. There are thousands of things to do, various licenses and approvals to take, talk and negotiate with vendors, retailers, keep tabs on the marketing of the company and many other jobs that will require your undivided attention.

How DMCC Approved Auditors can help you in Tax Return filing?

by jaxaadmin 26, Dec 2019

How DMCC Approved Auditors can help you in Tax Return filing?

The country of the United Arab Emirates has established several free zones which allow a company to set up itself in the country without facing much hassle. Each of these free zones has its own rules and regulations, and some of them require a mandatory annual audit.