Al Riyady Auditing

Top Business Bank Accounts for Small Businesses in the UAE

Business bank accounts for small businesses in UAE

Top business bank accounts for small businesses in the UAE can make daily financial management easier for startups, SMEs, freelancers and growing companies. A business account allows businesses to manage payments, transactions with suppliers, payroll, international transfers and other financial matters effectively. However, businesses vary in their banking requirements which means that the best account […]

VAT Treatment of Exported Services in the UAE

VAT on exported services in UAE and 0% VAT rules for foreign clients

VAT treatment of exported services in the UAE is important for businesses that provide professional services to customers outside the country. Businesses in the UAE provide services to various industries around the world using their consulting, IT, legal, accounting, marketing, design, and other professional services. Even if most services qualify for a 0% VAT rate, […]

UAE SPV and Holding Company Comparison for Business Owners

UAE SPV vs Holding Company comparison showing asset protection, ownership structure, subsidiary management, and business setup options.

UAE SPV and Holding Company Comparison for Business Owners helps investors and companies choose the right structure to protect assets and support long term business goals. Many business owners in the United Arab Emirates try to separate valuable properties from their everyday business activities and facilitate ownership in a secure way. SPV and Holding Company […]

AML Compliance and MLRO Requirements for Businesses in the UAE

AML compliance and MLRO requirements for businesses in the UAE

AML compliance and MLRO requirements for businesses in the UAE are important for companies that fall under regulated sectors. In order to fight against illegal financial crimes and increase transparency in all areas of business, the UAE has enacted stricter laws regarding money laundering. Companies that are subject to these AML laws will have to […]

How to Pay for Parking in Dubai

Paying for parking in Dubai using SMS, parking meters, and mobile apps

How to pay for parking in Dubai has become simple and convenient, thanks to the city’s modern public parking system. There are many different ways a car owner can pay for parking in Dubai, making it very easy for people to park their vehicles. Car owners have several methods available for them to park their […]

How to Open an Account in Dubai Islamic Bank

Opening a Dubai Islamic Bank account with required documents, verification, and account setup process

How to open an account in Dubai Islamic bank is a common topic for people living in the UAE who want a bank that follows Islamic banking rules. Dubai islamic Bank is among the largest institutions in the country providing all types of shariah compliant financial products and services to its customers. Individuals want to […]

Struggling With Finances? Financial Advisers in Dubai Can Help

Struggling With Finances? Financial Advisers in Dubai Can Help

Financial advisers in Dubai play a key role in assisting individuals with their money and security. With a city that is busy and full of opportunities to save, invest, and run a business, knowing what to do for the best can get confusing. That’s where you will need the opinion of an expert. An adviser […]

Key Benefits and Regulations of VARA License for Asset Providers

VARA License

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 […]

How to Simplify Your Company Setup in Abu Dhabi

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 […]

Top International Banks in Dubai You Should Know About

International Banks in Dubai

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 […]