Dubai’s authorities have implemented the use of escrow accounts in Dubai for off-plan property deals, in order to protect the investments of investors and homebuyers. The use of an escrow account is important as it helps to protect the deposit of the buyer, hence the money is transferred to the right person according to the …
Escrow Account in Dubai Benefits and How to Open One Easily Read More »
The VARA license is provided to the businesses involved in trading of virtual assets by the Virtual Assets Regulatory Authority (VARA). The government of UAE has formed VARA due to the emerging trend and regulate the activities related to virtual activities and virtual assets. The steady growth of virtual assets needs legal supervision which is …
Key Benefits and Regulations of VARA License for Asset Providers Read More »
CFO services can play a huge role in making your business successful in Dubai’s competitive market. Chief Financial Officer (CFO) services include various financial management services that help companies increase their economic performance. It enables you to understand your business, compiling detailed reports according to your company’s and market’s needs. CFO services help you understand …
How CFO Services in Dubai Drive Financial Growth and Stability Read More »
The process company setup in Abu Dhabi involves simple steps and approvals from certain departments and government bodies. The entrepreneurs can submit their application in person to the relevant authority to the emirate they have chosen. Also, you can apply online and submit your documents to get your business license to start your business. The …
The UAE has an impressive banking system, with multiple international banks in Dubai providing investment services, loans, and other modern banking services. Many banks adopt modern technology like digital ledger, artificial intelligence, biometrics, etc. Foreigners and Businesses in Dubai use these services as international banks fulfill every financial demand. It is necessary for new companies …
Top International Banks in Dubai You Should Know About Read More »
Just like any other state, for a business to remain operational, it must comply with certain accounting standards in Dubai. Companies must monitor their financial records and international transactions from the UAE. With the help of a proper accounting process, a company can provide better information to its shareholders and investors and numerical data of …
How Accounting Standards in Dubai Shape Business Success Read More »
Before starting a new business, entrepreneurs need to know the importance of conducting feasibility studies. With the help of a feasibility study, you can determine if your business idea will be successful. It will give you an overall idea of investment profits and many other factors. With the help of market analysis and identifying risks, …
Importance of Feasibility Study to an Entrepreneur in Business Read More »
The process of corporate liquidation involves ending the company’s operations and distributing its assets to the shareholders and creditors. The liquidation process happens when a company goes bankrupt, meaning it can not complete its commitments. The company sells its belongings, such as property, inventory and other equipment, to pay for its debts. Liquidation also means …
Key Steps for Corporate Liquidation in UAE Businesses Read More »
To estimate future costs, a company must know the difference between direct and indirect taxes. Tax is a mandatory charge imposed by the government or other organizations to collect tax revenue to provide the public with services and infrastructure. The taxes collected by the government are used for different social programs in the country. In …
Key Difference Between Direct Tax and Indirect Tax for Businesses Read More »
If you are wondering how to establish a cleaning company in Dubai, this is the right place. The cleaning business is one of the industries in the UAE that is in high demand because of the many foreigners living there. Due to Dubai’s busy life, many people prefer the services of cleaning companies for their …
Al Riyady Auditing is the right Auditing, Accounting & Tax Consultancy service provider for your esteemed organization, If you are looking for reliable & detailed Auditing, Accounting & Tax Consultancy of your Business . We provide reasonable assurance and provide our report with accuracy and accountability.
