Jebel Ali Free Zone or JAFZA – UAE
JAFZA or Jebel Ali Freezone is one of the leading and oldest business hubs of the Middle East with more than 7500 companies. It gives direct access to a market of over 2 billion people. JAFZA contributes around 24% of the total FDI flow into Dubai, and ensures global connectivity
AML Compliance Guide for Auditors
Auditors have the authority to inspect the accounts, internal controls of entities, records, and structures. Therefore, they can identify the AML risks in the businesses they audit. There will be chances where a criminal will try to exploit the service of an audit professional to make their legal arrangements or
10 Key factors to consider for ESR Compliance UAE
Economic Substance Regulations in UAE In 2019, The UAE introduced ESR or Economic Substance Regulations. ESR is a series of Directives and resolutions whose purpose is to restrain harmful tax practices in the UAE and compliance with OECD international standards and the European Union Code of Conduct Group on Business
Tax Residency Certificate / Tax Domicile Certificate in UAE
A tax residency or tax domicile certificate is issued for eligible individuals, companies, and government entities by the Federal tax Authority to avoid double taxation agreements on income signed by the UAE. There are many advantages of setting up a business in the UAE, and one such main advantage is
Freezones in the UAE
The UAE provides investors with more than 40 free multi-purpose facilities which are called Freezones, where foreigners and foreign investors can have full corporate ownership. These areas are characterized by their highly efficient infrastructure, as well as unique services that facilitate a smooth flow of work, saving businesses time and
Accounting services for small businesses
Before Explaining the Benefits of Accounting Services for Small Businesses , let us know more about accounting more detail .Accounting is the procedure of documenting financial transactions and is the essential foundation of a business to operate, For a small business, accounting can be an overwhelming task. Often small businesses
