It is a really bad habit not to have bank reconciliation by small business owners. Bank reconciliation is very important for businesses to prevent fraud. It is also used to detect errors in the system. Small businesses need to do bank reconciliation to verify the...
Dubai is home to many trading and service companies. But the trading businesses have one asset, ‘Stock.’ This feature distinguishes them from others and requires more attention. While other businesses acquire their assets, the trading business relies on the frequent selling of these assets for...
Dubai Maritime City Free Zone is a kind of global maritime hub located in the UAE. I have visited the place myself to start my business, it is more than just fine. The Dubai Maritime City Authority (DMCS) is the main authority in DMC for...
Masdar City Free Zone is located in Abu Dhabi. It is made to produce renewable energy and encourage the adoption of clean technology in society. The Masdar City Free Zone strives to modify Abu Dhabi into a growth, knowledge, and renewable energy reservoir. The free zone...
Business owners must have strategies open initial planning just to sustain their startups in Dubai. Dubai has a dynamic and highly competitive market. If you have no financial strategy, then you might face monetary losses. Getting expert advice from the best accounting firms in Dubai...
For all the business, the Prime Minister of the UAE, H.H. Sheikh Mohammed Bin Rashid Al Maktoum has issued Cabinet Decision No. 74 of 2023 on the Executive Regulation of Federal Decree-Law No. (28) of 2022 on Tax Procedures. This is repealed Cabinet Decision No....
Ajman Free Zone (AFZ) is one of the most popular free zones in the United Arab Emirates (UAE). It is located in the city of Ajman, which is about 30 minutes by car from Dubai. AFZ was established in 1988 and is now home to...
The Dubai Multi Commodities Centre (DMCC) has extended the audit deadline for 2023 to 30 September 2023. This is great news for the companies as the date of the audit in DMCC has been extended. This is applicable to the submission of the annual financial...
As a small business owner, your time is limited and precious. As we all know, time is money, and that money is either gained or lost. It depends on how the working hours you spend. A common headache and time drain is how business owners...
Dubai District also famous as D3 is the branded face of Dubai City. Dubai Design District, often known as D3, is the city's branded face. Tecom Group Dubai operates nine clusters, including the D3 free zone. The Dubai Development Authority (DDA) oversees the licensing and regulatory...
