In recent years, UAE has become home to many internal businesses who have made UAE their main bases to cater services to many other countries. The business-friendly ecosystems and a robust legal system based on international standards have ensured companies can carry out their business activities with minimal issues and keep worries at bay. However, […]
A few conventional auditing duties take up many auditors’ time if the information isn’t organized and accurate enough. Some of the audits are prone to errors, while others are simple rule-based mechanical operations that are accomplished quickly. Artificial intelligence, cloud computing, data analytics, robotic process automation, and various other technologies have all impacted the external […]
One of the oldest and most profitable businesses in the world is trading. This business activity has been performed since ancient days and is a vital activity for the business. In the present day, the activity of trading has become very vital for many countries and the trading businesses established in the various countries have […]
The World Expo 2020, which will be held in Dubai will be the first World Expo which will be held in the Middle East and North Africa (MENA) region. This event will be held for six months and will likely attract entrepreneurs and people in business from all over the world. The expo will showcase […]
More and more people all over the world are now interested in doing some sort of business. Conducting a business has become easier and simpler and does not require more steps nowadays. The government of the United Arab Emirates understood this and also took into consideration the benefits of bringing business into the country. With […]
In the month of November of 2013, The Bureau International des Expositions (BIE) general assembly in Paris gave the nod to hold the World Expo 2020 in Dubai, United Arab Emirates. This expo will extend for a period of six months and will focus on the Connecting Minds, Creating the Future. These expos are organised […]
When a company is set up, it may have a humble beginning meaning that the size of the company may be small. As time passes the company will try to expand into new fields and markets which will support the expansion of the business. It may happen that the company does not maintain proper accounting […]
The companies looking to create their presence in a new market will prefer setting up a subsidiary company. This company is legally independent and has minimal interference from its parent companies in the company’s workings. The parent company can amass various resources which can e utilised later on by the parent company. This can significantly […]
Opening a subsidiary company in the United Arab Emirates can be a wonderful idea for the business. This will not only help the business to expand but will also help in getting labour with technical expertise. UAE is considered as the gateway to the Middle East and a subsidiary company in the jurisdiction will allow […]
If a foreign business conducts any transaction within the United Arab Emirates, then the company is allowed to claim for Value Added Tax (VAT). This is done according to the rules and regulations as laid down by the Federal Tax Authority (FTA). This step was taken to make transacting in the United Arab Emirates more […]
