Managing successful companies in more than one country! Not only does this significantly increase the complexity of operations, but it also requires you to maintain compliance with more rules and guidelines. Furthermore, managing the taxation laws and guidelines of both…
Dubai, a global hub for trade and commerce, offers exciting opportunities for aspiring entrepreneurs. If you’re looking to establish a trading company in this vibrant metropolis, here’s a comprehensive guide to help you navigate the process: The commercial sector of…
Mainland Company setup in Dubai allows you to conduct business locally in Dubai, as well as in other parts of the UAE and internationally. Unlike in the past, you are no longer required to have a local sponsor who is…
Determining the worth of a company is a critical initial stage in the process of purchasing a new venture or divesting an existing one. Additionally, understanding the value of an established organization is pertinent in this regard. In the case…
As one of the most important commercial zones in the United Arab Emirates and the location of hundreds of different companies, Dubai is home to various Free Zones. Within Dubai, certain locations have been designated as “Free Zones,” and these…
Businesses are constantly under pressure to perform better and develop original solutions due to shifting stakeholder expectations and dynamic market patterns. Internal audit is an excellent tool for assessing the overall performance of any firm or organization. Regulation compliance, data…
A feasibility study is a vital step for business owners to do in order to establish whether or not their project or business idea is suitable for commercialization. It comprises conducting an exhaustive analysis of the market environment, determining whether…
Penalties for Failure to Comply with Economic Substance Regulation, UAE The Cabinet Resolution No. 57 of 2020 established administrative fines for numerous Economic Substance Regulations infractions (ESR). The number of fines for infractions committed by both Licensees and Exempted Licensees…
A new resolution lists the breaches as those that fall under the definition of the Cabinet Resolution No. 21 of 2020 governing service charges and administrative fines by the ministry and its amendments. The violations are defined in a newly…
Business ideas in Dubai might invigorate your entrepreneurial spirit and generate a substantial return on investment.
UAE’s National ICV Program In the UAE, obtaining an In-Country Value (ICV) certification has grown to be one of the most crucial requirements for operating a successful business. The Abu Dhabi National Oil Company (ADNOC) introduced the ICV programme for…
By evaluating the effectiveness and consistency of their best practices, firms can achieve their corporate objectives by consistently doing internal audits. An internal audit seeks to guarantee that corporate policies and processes are carefully followed, as opposed to an external…