I understood that establishing my online fashion business would be a long-term investment. It’s something that I’m optimistic about, so it doesn’t sound like a job. Yet I didn’t know how much more time I would have wasted from not getting the correct accounting solution in place from the outset.
Tax time is both challenging and exciting for every company. The corporation’s annual tax return gives useful information into sales and spending and yearly progress.
There is no lack of schools for businessmen of any kind: accountants, engineers, financiers, technologists, knowledge specialists, advertisers, and, of course, general managers, who have hundreds, if not thousands, of MBA programs to choose from.
From education and entertainment to telemedicine and telecommunications, all now have a more significant role to play than ever before.
Customers today can get their hands on a wide variety of consumer products and services, all available with a tap, click or swipe, as the e-commerce industry gains traction regionally and internationally.
Are you continually juggling as a business owner with things like boosting your company and paying off your business debts? You may have taken a business loan to launch a product or expand your business, sometimes having to handle a lot on your plate might have escalated to business debt.
As with a promising leadership position, managing the accounting team requires more than technical know-how; a good amount of empathy and compassion to always grow should also be included in the equation.
As global technology has developed over the years, we have switched from television to the internet, and today we are integrating Artificial Intelligence seamlessly and steadily.
Digitally transform your world and your back-office operations and stay compliant. Here is why you should choose Zoho e-invoicing.
Paying VAT to FTA in UAE must be done with utmost detailed accuracy and precision, with VAT becoming an integral part of all UAE businesses. But what if one makes an error in filing their VAT Returns?
The challenges of recent instances have highlighted how the internal audit feature remains a trusted consultant for corporations. The internal audit functions which have effectively helped the companies navigate via risks during the pandemic
Bookkeeping is vital for maintaining accurate financial records. Yet still, several organizations fail to implement this necessary process. Besides the fact you are required under the UAE law to retain your books
E-commerce Value Added Tax guide by the Federal Tax Authority notifies the V.A.T. treatment of supplies of goods and services through electronic means, such as over the internet or a similar electronic network.
VAT is chargeable on most goods and services with a constrained number of precisely zero-rated or exempt supplies. In light of the flexibility provided via the GCC VAT framework settlement
All you need to know about CFOs in UAE and the benefits of having a CFO. Today’s CFOs require in-depth knowledge of 4 key regions: method development, controls, operational control, and improvements
FTA, as the regulatory body for VAT in UAE Laws; takes charge of the managing and collecting federal taxes and fines.
The VAT Refund User Guide for Foreign Business Visitors published by the FTA states that claims made by businesses established.
Value Added Tax in the United Arab Emirates can be complicated. And understanding VAT, while you are busy running your business, can be difficult. Such a situation makes you more prone to making VAT errors and not comply with VAT rules correctly.
Enron, was an American seventh largest of its time company, bankrupt in 2001, destroyed more than $60 billion of shareholders value, more than 5,000 employees fired just after bankruptcy declared.
As the saying goes, “you ask the wrong question – You get a wrong answer. And that certainly implies in everything we say or everything we want to know. So, are you sure you are asking the right question when you tell which is the right or the best accounting software for your business?
While the crises pushed us to delve into the way we head our business- it stimulates us to go beyond recovery and flourishment- to build new business and resilence structure.
An audit is like yearly health check-ups. You presumably don’t look forward to getting one, but they are very crucial for you (and your company) to operate accordingly in the long run.
One of the traps business owners can fall into is believing that having a great product or service is all you need to succeed.
The Federal Tax Authority (FTA) of the United Arab Emirates (UAE) has released the Cabinet Decision No. (1) of 2019 on the…
Every business sector is unique and different, but what all the sectors needs is an expert financial advice and accountancy.
This article explains and clear your doubt about everything related to Value-Added-Tax (VAT) in United Arab Emirates (UAE).
In the UAE, excise tax was imposed on tobacco and tobacco products, energy drinks, and carbonated drinks.
A certain stipulations are made by the UAE VAT law to write off and discount of output tax paid on a supply…
Financial analysis is like ECG to your business. It tells you how healthy your company is (Balance sheet)…
Indirect taxes are taxes that are added onto the final price for goods or services.
The UAE Business fraternity has welcomed measures to partially reopen offices.
UAE introduced Economic Substance Regulations (‘ESR’) under its commitment as a member of the Organization…
