Year 2020 is definitely different from the usual years in the past. Who would have thought facing and living in a world with an unseen “foe”?
The continuous development of the emirate’s legislative framework is an indispensable factor in accomplishing the Dubai’s strategic objectives.
Due to the astounding infrastructure, geologically favorable circumstances, and gifted human resources, organizing a business here in Dubai is one of
Everyone is cheering for another year and looking forward to another chapter of their lives. People are expecting to drink a cup of bliss each morning,
A decent and promising spot with little to zero guideline is always the best and the most favorable choice to start on a business as it enables quicker set-to
The meaning of auditing has changed a lot since then until now. If there is what is called the evolution of humans, there is likewise the evolution of auditing.
A well crafted exit strategy is as important for a business as its daily operations. The decision to liquidate a company is to be taken at an appropriate time & abiding by all
The biggest highlight of 2020 has been the COVID-19 or the SARS-CoV 2 virus. The initial jolt caused by COVID-19 disrupted the normal functioning of life all around the world
UAE has issued resolution in connection with Economic Substance Regulations last 30th April 2019 as a part of UAE’s efforts to comply with global standards that aim to
Accounting is a process of recording, measuring, and communicating information about financial transactions. Normally, the word “accounting and bookkeeping”
As humans, it is inherent for us to make mistakes – be it committing a small error or getting lost on how things should be done. The same thing might happen while preparing VAT returns.
In the world of business, it is very common for us to hear that accounting plays a vital role as this gives the stakeholders a gauge of how well a company is performing. Given this, do we really know the how important accounting
Value Added Tax has been implemented in the UAE last 1st January 2018. With this, businesses need to consider whether they are required to register
An external audit is an independent examination of the financial statements prepared by the organisation. It is an examination of a company's records
Indications from the new tax law announced last week point to a system that UAE banks and financial institutions will have both exempt as well as taxable supplies.
The new UAE bankruptcy law approved by the UAE Cabinet this week is likely to come into effect early next year.Obaid Humaid Al Tayer, Minister of State for Financial Affairs,
Under CRS - similar to the Foreign Account Tax Compliance Act introduced by the US to tackle tax evasion and target sources of undeclared wealth - foreign financial institutions (FFIs)
The Indian Consulate in Dubai has issued an advisory about unscrupulous shipping companies and agents following a huge number of complaints received
The Indian Consulate in Dubai has issued an advisory about unscrupulous shipping companies and agents following a huge number of complaints received recently from Indian seafarers in distress in the
The importance of maintaining proper accounting records by SMEs cannot be overstated. Yet many entrepreneurs and business owners do not take keeping a record of accounts seriously, placing it low