As we all know, the deadline for UAE Licensees to file the Economic Substance Regulations Notification from UAE has passed now. The initial step for the licensees to obey the ESR rules is the ESR notifications. It serves as a…

Any businessman would be aware that accounting and bookkeeping are the two main pillars for a company’s success. Recording daily business transactions is a typical aspect of bookkeeping. The process of accounting entails examining and researching information based on the…

An ICV certificate issued by an ADNOC ICV certification agency acts as assurance regarding the supplier’s ICV score. Learn more

National ICV certification Agencies: The UAE Government launched the National In-Country Value Program (ICV) to support the Ministry of Industry and Advanced Technology’s (MoIAT) mandate of improving the productivity and sustainability of the UAE’s industrial sector. Local manufacturing expenditures, local…

What is an ICV Certification? “ICV certification is a process to certify supplier or contractor ICV score by the independent pre-approved ICV certifiers. The major purpose of ICV Certification is to ensure the validity and accuracy of the information provided…

What is an Audit? The definition is, “Audit is the examination or inspection of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following a documented system of recording…

 CA Firms In Dubai Accounting is the process of recording financial transactions pertaining to a business. Accounting or accountancy is the measurement, processing, and communication of financial and non-financial information about businesses and corporations.” What is Chartered Accounting? A chartered…

Definition:  “Audit is the examination or inspection of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following a documented system of recording transactions. It is done to ascertain…

VAT is an indirect taxation system that is widely popular around the world. Adopted by over 180 countries around the globe, the Value Added Tax provides nations with an alternate source of income. The UAE adopted the VAT , and…

Every nation has unique accounting requirements and regulations, and firms must abide by them to be compliant. UAE Accounting has become fairly important as a result of Dubai’s recent growth as a major business centre. Companies may maintain compliance at…

An audit serves as an examination of a company’s financial reports by an organization or individual external to the company. Companies opt for audits for various reasons in India. In some instances, the government mandatory asks companies to hire audit…

The United Arab Emirates introduced the UAE VAT law . The VAT UAE rate was kept at a constant 5% and served as a new chapter in the history of the UAE’s tax regime. This indirect form of taxation helped…