Common Vat Filing Mistakes Made by Businesses

Top Mistakes Made by Small and Medium Enterprises / Companies in GCC While Filing Tax Returns 1. LACK OF A PROPER PLAN AND ACCOUNTING SETUP Many businesses failed to comprehend the complexities associated with ensuring compliance with a new tax law like VAT. They didn’t have a proper plan in place to upgrade their accounting […]

Application of The Proposed Corporate Income Tax to Residents And Non-residents

The word “resident” is a key determinant in the application of corporate and personal income tax laws around the world. For example, if a person is a resident in a country, his worldwide income is generally subject to income tax in that country, but if he is a non-resident of a territory, his worldwide income […]

5 Design Ideas For Your Startup’s First Office

It is quite common to understand that starting your own business is both exciting and stressful at initial stage. Every moment of success is followed by another of failure. As long as you don’t give up and take every opportunity that comes your way, your business will grow and you may need an office for […]

How to Recover Financially After an Accident?

Accidents can turn your life completely upside down in countless ways. If you follow the living style of most Americans who live paycheck to paycheck – there is an acute possibility to find it difficult to recover financially after an accident. But accidents happen, even to the most careful and cautious drivers. Depending on the […]

Why Financial Momentum is Important?

As a small business owner, you know how important and challenging it is to keep your business growing financially. In today’s volatile economy, staying competitive while attracting new customers can be difficult, but not impossible. To achieve your goals and keep your business financially strong, you need to take steps that will allow you and […]

4 Unique Ways to Market Your Small Business

Small businesses are thought to generate most of the economic growth. However, most of them go bankrupt after just a few years. To survive at all, small businesses need to get the word out about their products and services. Knowing several unique ways to market your small business can help you do this. Contact local […]

UAE Free Zones – Everything You Need to know For Your Business

If you want to start a new business in the UAE, want to take advantage of a free zone? Or, trying to find out how difficult or easy is it to start a business in the zone? It’s no secret that the United Arab Emirates has developed like a ball of fire in terms of […]

Acquiring an Entity can Benefit Your Business?

Unit mining may at first seem an overly complex and perhaps even intimidating term. However, the process can actually help make your business more efficient. Implementing this method in your company can also save valuable employee time. If your company regularly receives dozens, tens, or hundreds of reviews, it is virtually impossible for a human […]

Forensic Audits in Dubai | Introducing the Different Audit Classifications!

Forensic accounting is the examination and evaluation of financial documents to obtain evidence that can be used in legal proceedings. This may include the detection and prevention of fraud, terrorist financing, and money laundering. This audit includes the examination of accounts to detect financial irregularities and to follow the movement of funds and assets within […]

Why does your company need an ICV certificate in the UAE?

This is why it is being nationalized in 2021 and so the program is being transferred to the Ministry of Industry and Advanced Technology (MOIAT) with the intention of making it comprehensive for government and semi-government departments across the UAE. Who needs an ICV certificate? Companies working directly as suppliers or indirectly as subcontractors with […]