Since the UAE introduced the VAT on Value Added Tax (VAT) on January 1st, 2018, business owners are required to follow the rules, including UAE VAT Registration and tax filings.
Companies operating in the UAE must ensure that VAT is correctly collected and properly accounted for so that it can …
The Decree-Law No. 18-2022 regarding VAT was announced on the 28th of September 2022. It announced amendments to a few aspects in the UAE Federal Decree-Law no. 8 of 2017 on VAT (Value Added Tax). The changes will take effect on January 1, 2023.
In all, 24 articles were modified and one articl…
Since it was announced that UAE implemented VAT on Value Added Tax (VAT) 1 January 1st, 2018, business owners must follow the rules, which include UAE VAT Registration and tax filings.
Businesses operating in UAE should ensure that VAT is collected correctly and adequately accounted for so they…
When any business can no longer afford to operate, liquidation is a formal process done by an approved firm to ensure the business meets its obligations to shareholders and other stakeholders (e.g. debtors, employees, and Government entities).
In this guide, we take a closer look at Company liqui…
Your business may be obliged to present audited financial accounts to external stakeholders. These can include Licensing Authorities or other external stakeholders. If you are new to the procedure, it can initially seem daunting.
To help you get a better understanding of how audits work, how they…
As a UAE business or individual receiving commercial consideration, UAE VAT Registration is mandatory if your taxable supplies exceed AED375,000 in the next 30 days.
For many businesses, Registering for UAE VAT often leads to frustration and delay. It is a common misconception the issuance of a U…
It’s common for some organisations to overlook HRM operations especially when revenue-generating operations and other priorities consume management attention. Nevertheless, human capital is critical, and the success of the organization has been strongly linked to the performance of its human resourc…
Implementing Odoo Accounting provides significant capabilities in managing a range of accounting operations in a more advanced manner than standard cloud-based accounting systems. These include multi-company support, automation of intercompany transactions, advanced reconciliation, budget managemen…
ERP– also known as referring to it as enterprise resource planning, is software that lets you manage and monitor a variety of different business practices in a variety of capacities and roles.
In running an enterprise, it’s essential to make sure that every role and function is coordinated sinc…
Payroll outsourcing is a solution offered by an external company that provides tax, legal, and accounting services for companies so that workers get their pay in a timely, accurate way, with the least risk.
When they allow an external service to handle their payroll, businesses can reduce the…