Discover a comprehensive guide to business valuation services in Dubai. Learn methods, benefits, and why valuation is crucial for businesses in the UAE.

If you’re looking to set up an offshore bank account, there are plenty of benefits to forming a company in a foreign country and keeping your business out of the country where you live and work. If you want to…

Offshore company formation in Dubai is a valuable approach to starting or expanding your business. Since the introduction of offshore company formation in the UAE in 2003, the UAE has become a hub for companies and MNCs around the globe….

The development of a new leases’ standard was originally a joint project between the ISAB and FASB, and through they will not issue converged standards, both will bring leases on balance sheet for leases for lessees. This will result in…

The new standard, IFRS 16, brings more transparency and provides more accurate information about an organization’s assets, liabilities, and financial position. What is IFRS 16? IFRS 16 is a new accounting standard that will have a major impact on financial…

Following Article (44) Clause (3) of ‘Cabinet Decision No.(10) Of 2019 Concerning the implementing regulation of decree-law No. (20) of 2018 on Anti-Money laundering and combating the financing of terrorism and illegal organizations’ and its amendments, the Ministry of Economy…

Accounting Challenges Faced by IT and Software Sectors There was a time when the bulk of the work of accountants consisted of bookkeeping, data entry, and number crunching. Today, the modern accountant is faced with client demands that require one…

Ministry of Human Resources & Emiratisation has announced amendments to the labour law in the UAE. Federal Decree Law No. 33 of 2021, which is effective from 2 February 2022. The new labor law changes are fairly substantial and necessitate…

As a new business owner in Dubai, seeking guidance from consulting organizations can prove to be beneficial. These professional services offer valuable advice to reduce the negative impact that a new business may have. With the support of these consulting…