audit firm dubai An audit report is important for decision making process of the company as it gives a fair and true view of its financial position and performance to an external auditor. auditing of financial statements is getting more popularity and relevance in the UAE,...
Virtual assets like cryptocurrencies are getting increasing acceptance in many countries such as UAE. There is a risk of money laundering in such businesses, the Virtual Assets Service Providers (VASPs) have to comply with the regulations of Anti-Money Laundering and Combating the Financing of Terrorism...
accounting and bookkeeping services The United Arab Emirates (UAE) recently issued a new guideline on determining tax residency. The guideline provides clarity on the criteria for determining an individual’s tax residency status in the UAE for the purpose of taxation. In this blog, we will provide...
Money Laundering Money laundering is a crime that involves disguising the proceeds of illegal activities as legitimate funds. One of the methods used in money laundering is layering. This involves moving the funds through a series of transactions and accounts to conceal their origin and ownership....
