The corporate world is a competitive market where the business entities constantly compete to gain a better position, fame, with an ultimate goal of acquiring profit from its targeted customers. Now, the definition of a good or a bad company can be defined, only if, one knows the inside proceedings of business. Audit plays precisely […]
In the corporate world, the business entities have to undergo the audit process that stands as a mandate, irrespective of the size and nature of business. The ground of Dubai stands as one of the most prominent business grounds for the business owners and investors to come forward and set up their business. At the […]
We all know that the United Arab Emirates has copious amounts of reserves of oil and gas and have a very flourishing Hydrocarbon industry. Except for Dubai, the country of UAE is heavily dependent on revenue from the oil and gas sector. The hydrocarbon sector plays a considerable role in the economy of the UAE. […]
In current times, the notion of having one’s own business is a prevalent idea. This is the reason that there is an increase in the Small and Medium Enterprises all over the world. Many entrepreneurs have the idea to start a new business but very less are able to get the required funding for the […]
When we talk about setting up a business in the United Arab Emirates, two places pop into our minds. These are Dubai and Abu Dhabi. Dubai it the recipient of most of the hype and is one of the biggest city in the world, but Abu Dhabi is the underdog in the business setup aspects. […]
As an organization grows, its financials become more complex. As the financials become more complex, it becomes difficult to measure and manage cash flow, production costs, inventory, payroll, and other critical financial information and tasks. This is why many organizations grow themselves right out of business. They are not capable of maintaining the financial controls […]
The working and the existence of a company is a responsibility of the people managing the company. At first, the company is managed by a small number of people, but as time passes, the company will grow in size. This means that the administration and financial functions become more complex. In such cases, most of […]
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. As this is a new tax implemented on almost all the companies that are present […]
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. Keeping a check on the business activities turns out to be a mandate, and this core reason gave birth to […]
“The hardest thing to understand in the world is the income tax”- Albert Einstein. Taxation stands as one of the most crucial domains that every business needs to deal with and thus turns out to be unavoidable. The payment of tax positions as a mandate and therefore, one needs to deal with it carefully. Unlike […]
