Organizations can benefit greatly from free zones in the United Arab Emirates, which provide 100% foreign ownership, zero import duties, and high-quality infrastructure. But it also has responsibilities, like adhering to the rules established by the free zone authorities. Companies registered in the Dubai Multi...
Liquidating of a company in Dubai entails the closure and finishing up of commercial enterprise operations. Whether due to monetary difficulties, restructuring, or other reasons, the liquidation technique requires cautious compliance with the legal processes and policies. One popular commercial enterprise hub in Dubai is...
Dubai is home to one of the international's top investment destinations called the International Free Zone Authority (IFZA). The Authority is co-branded with the Dubai Silicon Oasis Authority, where it gives custom designed organization formation package deal for marketers. On top of this, you will...
Liquidation is an important process in the UAE as it allows businesses to wind up their operations and exit the market in an orderly manner. It is crucial as it ensures that all outstanding debts and obligations of the company are settled appropriately, protecting the...
In the International Free Zone Authority (IFZA), organizations are required to meet IFZA financial requirement to hold their license. One query that frequently arises is whether an audit is obligatory for businesses during the license renewal process. An audit is an in-depth examination of a...
You may have been at the forefront of the global economy for the past years, with high demand for accounting services and a thriving business sector. If we look to the future, it is transparent that the accounting industry is set to change and experience...
The UAE has always been recognized as a business-friendly destination with its flexible tax environment, including the absence of federal corporate tax. However, the UAE introduced a change in its tax system by implementing the federal corporate tax regulations in the financial year starting from...
In this huge landscape of accounting services, finding a firm that stands out is a privilege. ebs is not just a typical accounting firm in UAE. However, we are a 100% pure accounting entity and dedicated to delivering excellence to businesses in UAE. In this...
It involves numerous responsibilities to run a successful small business in UAE. Moreover, managing your finances is one of the most crucial aspects of your business. There is a common question that many small businesses have is “How often should I hire an accountant?” In...
The UAE corporate tax regime is the talk of the town in corporate tax in UAE and its implications for businesses. At the same time, many businesses and entrepreneurs might assume that losses exempt them from the registration process. That is not quite the case...
