Category: News

VAT Return, also known as the Tax return is a statement which a registered person needs to submit to the government authority. VAT Return Filing is a structured documentary statement of income earned, the loss incurred if any, and VAT...

Value Added Tax or VAT is one of the latest addition to the taxes which will be applicable to the entities in the UAE. VAT will not only help create a financial record for all the business entities in the...

During an outbreak of infectious diseases, such as the ongoing COVID-19 outbreak, small business owners must be ready to handle the uncertainty in their business, as well as be prepared to protect the health and safety of their employees. Corona...

During the COVID-19 crisis and oil price slump, the UAE are spending tens of billions on supporting their economies, but the scaling back of state projects is counteracting the impact. Due to the downfall of the world economy and global travel...

The outbreak of COVID-19 has disrupted the global economic and business environment. It has affected hundreds and thousands of people, and many industries all over the world are looking towards decreased future revenue. There is an increased affinity towards saving...

The importance of conducting an Audit is known to every business. Whenever we think about streamlining all the business processes and optimizing the entire business, we believe of Audit. It is the first thing that comes to mind the management...

Value Added Tax or VAT for short is a straightforward concept in theory, but when practically applied, it can have a profound effect on a business. In a layman’s language, VAT can be defined as a consumption tax which is...

Foreign Direct Investment or FDI plays a huge role in the development of the economy of a country. It can be defined as being the amount of fund invested by an entity (either a corporate or an individual) located in...

The Dubai International Financial Centre better known as DIFC has established itself as an essential hub in the region for conducting financial activities. Due to the various steps taken by the government, this area has also become one of the...

Every business requires accounting services to properly plan the future of the business and also to know the present situation of the undertaking. Accountants play a very vital role, especially now, in the growth and development of a business. In...