The Federal Tax Authority (“FTA”) is the government entity responsible for the administration, collection, and enforcement of federal taxes in the United Arab Emirates (“UAE”). The following federal taxes apply in the UAE: As part of its mandate to enforce…
Many business and IT leaders around the world are replacing on-premises accounting with cloud-based accounting that is flexible, scalable, and cost-effective. There are numerous compelling reasons to avoid the cloud migration journey, ranging from cost savings to increased innovation. However,…
According to UAE labour law, either the employer or the employee can end a working relationship by giving a 30 to 90-day written notice as stipulated in the contract. Employers can, however, terminate workers without cause after conducting a written…
Internal audit is “An Independent management function, which involves a continuous and critical appraisal of the functioning of an organization with a view to suggest improvements thereto and add value to & strengthen the overall governance mechanism of the entity,…
Establishing a mainland company in Dubai could be a profitable choice for investors and commercial enterprises. Mainland companies are those that are legally allowed to conduct business within the limits of Emirati territory that fall under areas that have been…
JAFZA Offshore Company Formation: An offshore Company is a legal business entity that is developed with the intention of functioning outside its registered jurisdiction and / or the premises of its ultimate ownership. The primary benefits of forming such an…
Top Audit Firms in Dubai, UAE 2022: International business transactions necessitate the use of auditors, which is one of the most important aspects. It reassures you that you are dealing with reputable businesses and, in turn, it reassures potential business…
By 2021, Dubai will have established itself as one of the most well-known barriers to the tourism sector in the world. The United Arab Emirates is well-known for its rich cultural heritage as well as its high living standards (UAE)….
Eni’s first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession delivered 1.5 – 2 TSCF of raw gas in situ, according to early data. The finding is the first from Abu Dhabi’s offshore exploration concessions, and it illustrates…
Why Dubai? Businesses across the world have started establishing their presence in Dubai. From leisure and amusement to banking and construction, businesses in various domains have opened their branches in Dubai. Whether you’re looking for a multinational fashion outlet or…
Dubai being one of the most popular and economically sound destination it is always better and best option to set up a business there. Apart from the economic rise and falls, Dubai still continues to be an international hub of…
In recent years, Dubai has emerged as one of the most desirable places to establish a new business. Because of the UAE government’s strict rules and regulations, the interests of people doing business in Dubai will be protected securely and…