The UAE Federal Tax Authority (FTA) published a corporate tax guide on Small Business Relief (CTGSBR1). This guide is designed to provide guidance on Small Business Relief for Corporate Tax in the UAE. This guide explains the overviews these following major topics: The introduction of...
In Dubai, the healthcare accounting system has grown rapidly over the past decades. It can be difficult for the hospitals to focus on the financial activities and patients at the same time. Hospitals are often challenged by shrinking staff, strict budgets, and changing regularities. Our...
Auditing services are mandatory in UAE, and ebs is one of the top 10 auditing firms in Dubai, UAE. Businesses must select the best audit firms in Dubai, UAE. There are many auditing firms in Dubai that provide transparent and trustworthy auditing services. ebs ranks...
Every business has a simple model, which is to create, invest, and earn. Businesses invest resources and capital to create value-added procedures or receive payments in return. If you closely look at the system, you will see a simple cash-in and cash-out cycle. It's only...
Zoho is a leading global technology company that recently launched Zoho Payroll. Zoho Payroll is a payroll management software for businesses in UAE. The solution allows businesses to streamline payroll management, ensure compliance, and automate their monthly payroll tasks. Businesses in the UAE often face various...
The real estate sector is a significant contributor to the Dubai economy. Real estate companies in Dubai need timely and accurate financial records to comply with the rules and regulations. Moreover, the RERA (Real Estate Regulatory Authority) deals with all the legal considerations in UAE....
Many people ask if the audit is mandatory for all companies registered in the UAE. This is the most common question people ask while starting their business in UAE. Yes, audit is mandatory for all the companies in UAE, and it does not matter what...
In the shift of fiscal policy in UAE, the government introduced a new corporate tax regime. This landmark decision marks the country’s first initiative into corporate taxation. Also, it aligns with international standards and promotes fiscal sustainability. Moreover, this new framework differentiates businesses operating on...
It is crucial to have effective management for the growth and success of small and medium-sized enterprises. Effective financial management practices help small and medium-sized businesses maintain financial stability and make informed decisions. Small and midsized enterprises can optimize their cash flow, achieve long-term sustainability, and...
The United Arab Emirates (UAE) introduced a corporate tax regime effective from June 1, 2023. The Federal Tax Authority has released a new . This guide is particularly on Taxation of Foreign Source Income (FSI). This guide provides a good overview of the taxation of...
