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 …
In Dubai, new businesses must develop a simple and well-designed business plan to remain competitive and make their business successful. It is important to meet customers’ expectations and regularly maintain the quality of your business dealings. Any kind of drawback can negatively affect the company’s name. Hence, it is important to pay attention to little …
Business Plan in Dubai How to Create a Winning Strategy Read More »
If you want to know the process of how to start a trucking business in the UAE? You are in the right place. Starting a trucking company can be very profitable in the UAE due to its global importance and facilities. The transport sector plays an important role in the growth of the economy because …
How to Start a Trucking Company in Dubai and Maximize Profits Read More »
After introducing new VAT rules in Dubai, the general VAT rate on electronics was 5% VAT on electronics in Dubai. This VAT rate applies to almost all goods and services, with a 0% VAT rate on some goods and services in the UAE. The 5% VAT rate applies to business-to-business trades, and there are no …
VAT on Electronics in Dubai Key Insights for Buyers and Sellers Read More »
If you are starting a commercial business, it is necessary for you to get a commercial license in Dubai. There are different types of licenses issued by the authorities for each business sector, i.e, general trading license and commercial license. A commercial license covers limited and specific business activities. A company can select a commercial …
How to Secure a Commercial Trade License in Dubai Effortlessly Read More »
In the UAE, after registering your company for value-added tax (VAT), filing VAT returns in UAE is a necessary compliance step. You can file VAT returns through the Federal Tax Authority’s online portal. Make payments before the due date to abstain from being fined by the authorities. The VAT form in the UAE is called …
Filing VAT Returns in UAE Easily Avoid Fines and Stay Compliant Read More »
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.
