Why Choosing the Right Accounting Firm in the UAE Matters More Than It Used To Selecting an accounting or CPA firm has always been a significant business decision — but the stakes in the UAE rose considerably with the introduction of VAT in 2018 and Corporate Tax from June 2023. A business now operates within … Read more
Payroll management is one of the most challenging tasks a Manager or Human Resources Manager has to deal with. Without the right measures, there can be many errors that can threaten your company in the long run. Today, many companies and payroll or pay schedule managers depend on technology to make their work much easier. … Read more
Companies operating in DMCC Free Zones are required to undergo annual audits in compliance with the DMCC Authority Company Regulations. As per Regulation 71 of DMCCA, company directors must prepare and approve yearly financial or economical statements by International Financial Reporting Standards (IFRS). Maintaining transparent and accurate economical records that reflect a true and fair … Read more
What an Audit Firm Actually Does An audit firm examines a business’s financial records, internal controls, and compliance position, and delivers an independent, professional opinion on what it finds. That opinion might assess whether financial statements accurately represent the company’s position, whether internal processes are functioning as intended, or whether the business is meeting its … Read more
Following the issuance of the UAE corporate tax law, businesses need to consider possible mechanisms for reducing tax liability. This article seeks to provide top tips to reduce business tax liability in the UAE. 6 Tips to Reduce Business Taxes in the UAE For businesses to save money, accelerating income is an ideal strategy; income … Read more
Following the passing of Law No. (10) of 2018, the Dubai Development Authority (DDA), formerly known as the Dubai Creative Clusters Authority (DCCA). The Authority has been given the Authority to play a significant part in Dubai’s economic expansion in the future and to establish international benchmarks for municipal and commercial services, real estate development, … Read more
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