How Accounting supervision helps your business? How Accounting supervision helps your business? Value Added Tax (VAT) on Real Estate Industry in the UAE The VAT (Value Added Tax) came into effect approximately three years ago in the UAE. Since it has been just three years, it is quite hard to analyze the impact of VAT […]
Accounts Payable Outsourcing Services Growing businesses should always maintain relationships with a wide range of suppliers and vendors. Vendors with varying invoicing standards/procedures can make accounts payable processes extremely time-consuming. Accounts Payable Outsourcing Services in UAE can help to streamline the AP process while also ensuring that payments to vendors are processed quickly. About Accounts […]
Accounts Receivable Management Outsourcing Services Outsourcing Accounts Receivable Management Services is beneficial in many ways, regardless of the size of a company. Enterprise-sized corporations may need to rapidly scale up their accounting departments during busy times of the year; growth-oriented businesses may not require a full-time accounts receivable clerk or analyst. Accounts receivables has a […]
What is Forensic Accounting in Dubai ? Forensic Accounting Services Dubai is a type of investigation that looks for signs of fraud, embezzlement, theft, or poor financial controls. Because your company’s accounting team is the most prevalent source of fraud, fraud investigations must be handled by an outside forensic accountant. You should hire forensic accounting […]
VAT Compliance in UAE : Value Added Tax has been launched officially in Dubai and now each and every business should make themselves VAT compliance. There are so many things that one has to know about this VAT and it may confuse people. In order to make things simple and easy to understand, we made […]
The UAE has no plans to increase its VAT (value-added tax) rate UAE has no plans to increase its VAT (value-added tax) rate, the country’s finance minister said after Saudi Arabia said it would triple its rate. In Saudi Arabia VAT is increasing to 15 percent from 5 percent from July 1, seeking to shield […]
VAT Impact on Restaurants in the UAE VAT stands for Value Added Tax which came into VAT implementation in UAE recently. This value-added tax is imposed by businesses at every step of their supply chain. The restaurants in the UAE have to charge 5% VAT on every food item they sell and this is irrespective […]
What is ESR / Economic Substance Regulations in UAE? On 30 April 2019 UAE introduced a Resolution on the Economic Substance and these regulations are applicable for all private sector companies. This regulation lists out the minimum financial criteria’s and tax framework that the licensed entities operating in UAE shall follow. This resolution was introduced […]
Artificial Intelligence In Accounting And Finance How Artificial Intelligence helps in Accounting Industry and Finance? Artificial Intelligence In Accounting And Finance is now impacting almost every industry out there and finance isn’t an exception. The ever-changing regulations along with a huge client base has been pushing the accounting firms towards artificial intelligence lately. The AI […]
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