Liquidation of a company is the process of ending the company’s business and distributing its assets between the partners and other claimants. It also refers to the selling off inventories of a company, usually at steep discounts. One of the…

In order to make sure that financial stability is balanced, a due diligence audit is involved with the help of an audit firm. One can acquire a great understanding of the business capabilities of earning, customers, suppliers, financial positions, and…

Introduction:  The corporate world of today is dynamic and difficult. Organizations, both SMEs and huge corporations, are now required to develop plans that will aid in the expansion of their firm. Therefore, every corporation employs a CFO to assist in…

When taking into consideration accounting and financial services, an organisation must be self-sufficient. The establishment and growth of the firm are both influenced by finance; it is not anything that would stop that growth. A service that has grown in…

Dubai, the commercial hub of UAE, is home to more than 30 Free zones. The government of Dubai set up these free zones with the aim of increasing foreign investments and as a way to increase its GDP. The Dubai…

Ras Al Khaimah Economic Zone (RAKEZ) is a burgeoning economic centre in the United Arab Emirates because to its convenient location, relaxed restrictions, and wide variety of opportunities. It provides a broad range of licenses for different types of businesses,…

Introduction: Hamriyah Free Zone Authority (HFZA) is a free zone located in the city of Sharjah, United Arab Emirates (UAE). It was established by an Emiri decree in November 1995 and is considered the second-largest free-trade zone in the UAE…

Audit firms in SAIF: The audit firm comes into the frame when the Saifzone license renewal becomes mandatory. The audit firms should mandatorily have qualified and professional auditors. The particular audit firm should be approved by the SAIF. After the…

Dubai, the commercial hub of the entire Middle East and the vast area surrounding it, is always buzzing with business activities, day in and day out. It has attained the pinnacle in the merchandising area, due to its strategic geographical…

Jebel Ali Free Zone (JAFZA), the world’s largest free zone, offers a compelling proposition for entrepreneurs and investors seeking to establish an offshore company in Dubai. With its streamlined process, attractive benefits, and supportive environment, JAFZA empowers businesses to navigate…

The main significance behind the VAT registration in Abu Dhabi is the prototype to raise the financial system of the nation like all other countries. Examining the tax records, documentations and the return files of a person to check their…

Introduction: Sheikh Mohammed bin Rashid Al Maktoum, the Ruler of Dubai and the Prime Minister of UAE, issued Law No.4 of 2018 regarding the initiation of Financial Audit Authority (FAA). Moreover, the Financial Audit Authority in Dubai is responsible for…