Main Functions Performed by the Internal Auditors in Dubai

  • On 20th June 2017
The financial inspection of a company is known as internal auditing. Through auditing, it can be determined whether or not the company’s assets are recorded and if the profits and losses are properly assessed. Nowadays, auditors have a high demand not just in Dubai but all around the world. Internal audits have to carry out […] Read more...

How the Businessmen Should be Prepared for VAT

  • On 13th May 2017
Value added tax (VAT) is a form of indirect tax that is to be paid by the residents. It is the tax that is charged on every stage of the production till the final stage. The VAT is to be implemented in UAE from January 2018 and all businesses that fulfill the specified criteria must […] Read more...

Documents Required for the Registration of VAT in Dubai

  • On 9th May 2017
Value added tax (VAT) is an indirect tax that is collected by the government from the companies or the individuals that are registered for VAT. It is a multi-stage tax that is applied at every stage of production of goods. Businesses can claim for the VAT refund from the government. The amount of VAT is […] Read more...

All You Need to Know About the Eligibility for VAT in Dubai

  • On 25th April 2017
Value added tax (VAT) is a type of tax that is applied to the goods or services produced. It is a form of an informal tax that is also known as a multi-stage tax. The government of Dubai is implementing this tax for the betterment of services that are provided to the residents. With this […] Read more...

Value Added Tax (VAT) in Dubai UAE

  • On 12th April 2017
Value added tax (VAT) is a tax that is applied to all the goods and services that are produced by the eligible VAT companies and are consumed by the people. That is why it can be said that VAT is a consumption tax. There is a difference between VAT and other sales tax. Although for […] Read more...

Why Accounting is the Life Blood of any Business

  • On 3rd April 2017
Accounting is the lifeblood for the smooth operations of the business. Capital is important but when there is no proper system for maintaining check and balance and to know how finance is going in and out the business, businesses cannot run efficiently. We need a strong accounting system in business because only then companies can […] Read more...

Types of Audit Performed in the Organizations of Dubai

  • On 28th March 2017
An audit is a process through which a systematic and an independent check is performed on the books, accounts, documents and statutory records. This check will then identify the clarity and correction of the presentation of these records either in financial statements or in the non-financial disclosures. The purpose of the audit will depend on […] Read more...

Trademark Registration- Things to Consider and the Documents Required

  • On 21st March 2017
Having a unique trademark for your business is essential. Before getting into the details of the registration process, you need to know what trademark is. A trademark is a word, symbol or a collection of words that are legally registered for a company. This registration is done by using the name of that specified company. […] Read more...

Reasons behind the liquidation of companies in Dubai

  • On 18th March 2017
Dubai has become the market that is full of growing opportunities. These opportunities attract new businesses and companies to invest in the Dubai market, there is a specified procedure for doing it but still, on their way to progress, there are some companies that face certain issues. These issues can be legal or financial. Due […] Read more...

5 Myths about Audits in Dubai that should be Avoided

  • On 9th March 2017
The fear of being audited is felt in different organisations. It is basically a process through which the process that is used in an organisation is evaluated. Apart from the normal process that is followed for the audit in Dubai, there are some myths that are growing to be stronger. Myths tell us a lot […] Read more...