Money controls the entire planet. In the meantime, the global economy is expanding quickly nowadays. In addition, corporations and individuals from all over the world began establishing businesses in Dubai, the global financial hub. Accounting is a term that frequently…

VAT- A well-known word for all businessmen and ordinaries too. Value Added Tax (indirect tax) simply knows as the VAT is a must for all the goods and services consumed except food care, health items and education. Almost more than…

Introduction: Dubai, one of the seven Emirates in UAE, is considered as the heart of the business centre. According to the current legislation of the Federal Tax Association (FTA), the citizens and organizations of UAE are obliged to pay various…

Value Added Tax (VAT) had been the latest addition to the taxations in UAE which was implemented on the 1st of January 2018. While various jurisdictions have different guidelines and exemptions regarding personal tax and company taxes, VAT had more…

Dubai, one of the seven Emirates of UAE, is the heart of the business centre as it offers several trade-free zones. VAT, the current tax regime in Dubai came into effect on January 1st, 2018. Indeed, businesses and organizations whose…

In today’s world, businesses don’t just happen within a single place. Businessmen spread their work in many countries. People (both entities and individuals) started facing a revised plan in tax payments when the Trade Residency Certificate came into law. However,…

Introduction: Value-Added Tax (VAT), the current tax regime for businesses in UAE, took charge from January 1st, 2018. VAT is imposed on the registered businesses and organizations whose taxable supplies and imports exceed AED 375,000 per annum. Also, the standard…

The proper functioning of any company or business requires it to maintain appropriate financial records and documentation. Various governments around the world require agencies and companies to submit their documents from time to time. Such a recording system enables both…

Chartered Accountants in UAE: Any establishment’s accounting procedures are essential, important, and crucial to the expansion of the business. Chartered accounting firms can assist your business become legitimate and secure legally throughout the UAE. Additionally, these companies simplify the crucial…

The consistent and mounting market economy of Dubai is an irresistible financial charm for any investor who wants to expand their monetary horizon. The market in Dubai is flourishing. Experts believe the growth rate will ascend to 3.27% by 2021….

Dubai’s business dominion has been growing at a breakneck pace. With increasing industrial expansion, the number of investors driving the funds is increasing. Investors, government bureaucrats, and bankers require evidence of various enterprises’ financial prosperity and stability in order to…

The auditing process and the service of the audit firms have become an integral part of the industrial set-up. Hence, accounting and book-keeping serve as the basis of any financially stable endeavour. The audit firm’s services have risen to grave…