What Fixed Assets Are and Why They Require a Dedicated Audit Fixed assets — also called property, plant and equipment (PP&E) — are the tangible, long-term assets a business uses in its operations rather than sells in the ordinary course of trade. Land, buildings, machinery, vehicles, office equipment, and leasehold improvements are all fixed assets. … Read more
Business setup in UAE includes a procedure that is advisable for businessmen to entrust to business setup consultants in UAE for they to not go through a lot of hustle. There are a lot of government requirements that need to be adhered to, and consultants already know their way with these matters. Another procedure that … Read more
The United Arab Emirates’ Ministry of Economy or MOE developed strategic plans in order to combat practices of money laundering in the country. The government’s initiative involves the setup of a specialized department referred to as the UAE Anti-Money Laundering Department. This newly created government department will act within the MOE’s structure. Its goal is … Read more
As part of legislative changes made by the UAE government targeted at improving corporate transparency, UAE issued a Cabinet Resolution concerning regulations on real beneficiary procedures last August 28 2020. The Ultimate Beneficiary Ownership (UBO) Regulations provide a framework for the reporting and registration of beneficial interests, company ultimate beneficial owners, and the shadow directors. … Read more
With the acceleration of technological progress, access to the intellectual property, and even theft thereof, is becoming easier every day. Thus, the need for legislation guaranteeing the protection of creative products. And ideas and inventions has become more urgent than ever. Accordingly, Intellectual Property Protection, Patent Registration and other laws began to develop in recent … Read more
A trademark is a distinctive sign unique to a business or brand — the specific feature that lets customers recognize a company’s products or services and tell them apart from a competitor’s. Legally, it represents and protects a brand’s identity, and it can take several forms: a word or name, a logo or symbol, a … Read more
Hold On!
For audit, accounting, tax, or VAT, our team is here to help.
Need Expert Advice on: