Business in UAE has turned many expats into successful entrepreneurs. The investor-friendly regime has ensured that all the emirates are fertile for the growth and development of business.
When a firm or business cannot continue operating, it must liquidate its assets and cease all activities. For liquidation, each zone has a particular process and set of rules.
The United Arab Emirates is home to the world’s most luxurious hotels, incredible architecture, and mouth-watering restaurants with food and chefs from around the world.
Federal Decree – Law No. 33 of 2021 on the regulation of labour relations in the private sector came into force on 2 Feb 2022. Private sector employers should review their policies and follow the procedures.
Financial records of the business reflect the operation and financial position of the small business. You can compare your current data with the previous records.
COVID-19 wave has changed the world economy and resulted in a million of employees working from home and some of them losing their jobs. It resulted many companies that are forced to cease their business.
The UAE is a ripe market for those hungry for success – those willing to take risks in a risk-averse environment; Starting a business in the UAE is quite tough.
The National In-Country Value Program (ICV) aims to enable the Ministry of Industry and advanced technology to improve the performance and sustainability of the industrial sector, by increasing the contribution of local industries.
If any circumstances occur while VAT registration, you must updating your records within 20 business days. Please note that some sections will be editable whilst some others are not.