Key stages of standard auditing process Auditing or audit accounting is a prime method for ensuring a company’s finances are being used efficiently and compliant to the rules laid by…
Payroll Software – a simple IT solution with several benefits
Any size of the business runs on one basic concept; there should be enough profits or Return on Investment for the business to run smoothly and grow efficiently. For this…
Intellectual Property Business under ESR in UAE
Intellectual Property Business under Economic Substance Regulation in UAE Definition: High Risk IP Licensee is a Licensee which carries on an Intellectual Property Business and in respect of which any…
Distribution and Service Centre Business under ESR in UAE
Distribution and Service Centre Business under Economic Substance Regulation in UAE Definition of Distribution and Service Centre Business: Any of the following businesses: (a) purchasing from a Foreign Connected Person…
offences and penalties for non compliance of ESR in UAE
Offences and Penalties where the Economic Substance Test is not met under Economic Substance Regulation in UAE An amount of administrative penalty of not less than dirhams ten thousand (AED…
Requirement to provide information under ESR in UAE
Requirement to provide information under Economic Substance Regulation in UAE A Licensee shall notify the Regulatory Authority annually of the following – whether or not it is carrying on a…
Holding Company Business under ESR in UAE
Holding Company Business under Economic Substance Regulation in UAE Holding Company: shall have the meaning as set out in the law governing such activity in the State. Definition of Holding…
Home Builders Refund User Guide
Overview of the steps required to access the New Residence VAT Refund and how to track the progress of your Refund Form Important: 1. Please don’t register as a Taxable…
Realistic take on property prices in Dubai
According to market research and the latest data, the property prices in Dubai are estimated to drop 11.3 percent on average this year, but this descending of prices is expected…
Accounting services in Dubai Media City
The scope of accounting has reached to the extreme level Dubai Media City. Dubai Media City has already got their own challenges in the field of accounting. In UAE Dubai…
Leave no one behind – The Educational Psychology of UAE
UAE’s Educational sector is one of the developing areas, with beneficial government guidelines, campaigns like “Leave no one behind” to boost literacy rate and create a better future for the…
Accounting and AI – an inevitable collaboration
Accounting requires precision, patience with the complex tasks, no room for errors while maintaining clients’ accounts. The rules and regulations are vast to remember and follow. While coming to Artificial…