Accounting firms in Dubai play an integral role in shaping the future of a company. Without having the right financial assistance, no company can survive in an environment as competitive as Dubai. However, not all companies have the resources needed…

What is an Audit? , “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…

The UAE has been encouraging organizations to source their products locally. The program, named In-Country Value addition will help boost the national economy and improve local employment. Various agencies and organizations now ask their suppliers to provide an ICV certificate…

ADNOC introduced an ICV certification program as a part of its In-Country Value addition drive.  The ICV certificate will help add credibility to the ICV score of organizations. Due to the UAE government encouraging local production and manufacturing, such ICV…

The UAE is a commercial hub that attracts investors from all over the world. It is also home to a large variety of both product and service-based industries. Off late, the government has been trying keenly to improve investment opportunities…

Auditing is the process of analyzing and examining the legitimacy and accuracy of the financial reports of a company or organization.  Auditors in Dubai conduct audits by physically checking the inventories and archives of a company. The primary purpose is…

An audit is an examination or inspection of the books of records and financial reports by an auditor. It is then followed by the physical checking of inventories and archives to ensure that all departments are following a legitimate system…

The Ministry of Economy, the Regulatory Authority publishes the ESR notification form, UAE for the mainland Business in the UAE. All the licensees licensed with MoE need to file an ESR notification with the Ministry. As part of the compliance…

 Top Accounting Firms In Dubai: As we all know, Dubai is a wide business-hub. As the entities started growing in Dubai, the necessity for accounting and auditing also increased. Accounting is an important part of any company or organization. Many…

ESR (Economic Substance Regulation) compliance was introduced in the UAE through Cabinet Decision Number 31 of 2019. This decision was made to implement ESR in the country and to build the financial structure of the nation. Process of ESR compliance…

An audit is a process of examining and verifying the financial structure of a firm. Audit firms in Dubai help the company to track the updates about the business.It make sure that the firm is compliant with the set of laws,…

Economic substance is a percept in the UAE’s tax framework, introduced in the UAE from January 1st, 2019, that applies to all businesses, including onshore companies, free zone companies, non-partnership companies, and partnership firms. According to Article 4 of Economic…