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Super-Effective Accounting Checklist for Exceptional Financial Growth of Business
In today’s competitive arena, a company needs to generate profitable results in order to be successful. Whether you’re running a small or a large business, it becomes essential to determine if the revenue earned by the company is more than the ...
Know About the Records You Should Maintain For VAT Auditing
All Businesses in UAE must be prepared for official and obligatory audits in 2019, as it has been one year since the VAT has been implemented in UAE. VAT auditing is conducted for all kinds of businesses to ensure the accuracy of accounting, ...
Is Outsourcing Your Bookkeeping Process the Best Option?
Bookkeeping is a real challenge for all types of business. From recording the economic activities of the company to summarizing the business transactions in an orderly manner all in which aid the survival of the organizational. Whether it is a ...
FTA Publishes Clarification on Bank Interest and Dividends
The Federal Tax Authority (FTA) has issued a publication to shed light on certain aspects of the VAT implementation, including Federal Law No. 7 of 2017 which covers the major aspects of tax procedures and Federal Decree-Law No. 8 of 2017 which ...
Update on UAE’s VAT Refunds for Business Visitors
The Federal Tax Authority (FTA) has published the updated version of the “Guide on VAT Refunds for Business Visitors.” According to the guide, there are specific procedures to be followed by foreign visitors applying for VAT including the ...
Qualities to Look Out for In a Tax Consultant
A good tax consultant will not only help you to avoid paying heavy taxes that arise from wrong filing but can also develop a suitable strategy that can save millions over the life of your business. In this post, we shall be looking at the ...