What are the Reasons why Startups fail ?
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.
ICV CERTIFICATION GUIDELINES
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.
How to Amend VAT Registration in the UAE
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.
UAE VAT AMENDMENTS
The UAE Ministry of Finance announced amendments to some provisions of the Federal Decree-Law No. 8 of 2017 on Value Added Tax (VAT), which will be effective from 1st January 2023.
VAT Tax Audit in UAE: What should you know about it?
A tax audit is basically a government’s assessment of a company about their responsibility as a taxable entity. This kind of audit is conducted by the FTA.
Tax Refund on Construction of Mosque
The UAE Cabinet of ministers issued the eligibility to recover the input VAT incurred for the construction and operation of mosques will come into effect from October 29, 2022.
Outsourcing Accounting & Bookkeeping Services
Many small businesses find it challenging to hire an accountant. Nowadays, it is even more challenging to find a qualified and eligible person at an affordable rate.
Excise Tax and the Scope of Excise Tax Audit
The intent of Excise Tax is to reduce consumption of these commodities while also raising revenues for the government that can be spent on public services.
Role of Managers and Directors in a Company
Especially in cases of limited liability companies on the UAE mainland and in circumstances where express authority for a particular ‘position’ is not specified
International Financial Reporting Standards (IFRS)
International Financial Reporting Standards (IFRS) are the standard in over 100 countries, including the EU and many parts of Asia and South America.