New VAT Rules Coming to Dubai: How to Stay Compliant?
Important VAT changes coming to Dubai as the authorities introduced amendments in the Value Added Tax (VAT). These amendments are made to simplify the tax process, which will make sure the companies can adjust to new regulations. The firms need to know about these regulations as these changes will affect compliance with VAT in the […]
What is Impact of VAT on E-commerce Business in Dubai?
Understand what is impact of VAT on E-commerce business in Dubai? And how you can stay compliant to avoid any fines. There is a 5% VAT fee on all online trade of goods and services. E-commerce means purchase of goods and services through an online website or market. The item purchased online is delivered to […]
Maintaining Books of Accounts
Maintaining books of accounts is important if you are running a company in the UAE. Books of accounts are records of financial records (activities and transactions) of a company. These books help to analyze the company’s financial position, cash flow and overall performance. With the help of organized and up-to-date books a company can make […]
Benefits of Statutory Audit
No matter your company type, there are many benefits of staturoty audit. A statutory audit provides a clear understanding of the company’s financial books. The audit is a legal requirement and should be conducted by a skilled auditor. The auditor ensures the financial records and documents are accurate and aligned with the law. All companies, […]
