The digital economy is an important part of global trade, and this sector continues to grow constantly. However, the application of Value Added Tax (VAT) on digital services can be complicated, especially if it is supplied internationally. The UAE VAT Law includes provisions to discuss...
The UAW is a country with a diverse economy, and this is reflected in the different types of accounting practices that are used in the country. In this blog, we will take a look at some of the most common accounting practices in the UAE,...
Dubai has experienced great economic growth and has turned into a business hub over recent years. Many young and new entrepreneurs are coming up in Dubai to avail more opportunities in the modern business environment in UAE. Every business needs an efficient and suitable process that...
There are many ways that accounting firms can assist struggling businesses. They are able to offer services in bookkeeping, tax planning, and financial analysis. This can assist businesses in locating and resolving issues that are hindering their progress. Bookkeeping firms can likewise give counsel on...
Availability of finance is very crucial to the growth of any business, and traders engaged in international trade, big projects, or manufacturing companies. A business that tries to get adequate finance for big trade deals and it is tough to get finance from banks. Corporate finance...
While introducing the VAT in the UAE the government has given four kinds for supplies: zero-rate, the standard rating of 5%, and out-of-scope supplies. VAT consultants in Dubai have witnessed taxpayers being confused to differentiate between the zero-rated, the standard, out of scope, and exempted. Making...
When it comes to accounting and financial management, every industry has its advantages and disadvantages. However, the e-commerce industry faces some critical challenges and most online sellers are not aware of how to deal with them. If you work closely with the best accounting and bookkeeping...
Availing corporate finance services in Dubai has become important for traders due to the region’s status as one of the top trade hubs in the world. Traders require short-term financing to meet the requirements of funding related to a huge project or order. And this...
Preparing financial statements accurately is a crucial requirement for firms undergoing an external audit in Dubai. However, most entrepreneurs lack knowledge about the main parts of the financial statement, and they completely rely on their accountant to prepare it. Understanding financial statements will help you...
Internal Audit Services in Dubai, UAE are very crucial for any business. It helps to ensure the effectiveness of management controls in the organization. This task can take a while, therefore outsourcing the same expertise and services of any other organization is the best way. This...
