VAT Treatment on Purchase of Goods into Designated Zone in UAE
The Vat applicability or VAT treatment to any tax services on goods supplied inside the designated zone will be similar to the services provided within the mainland. Thus, the service provider inside and outside the designated zones is subject to Vat applicability or VAT treatment with a tax rate as per the category applied
Letter of weaknesses issued by Statutory Auditor
Letter of weakness issued by a statutory auditor is a letter that contains all the details of everything they found wrong with the internal control of the company during the audit.
Corporate Tax in the UAE – All You need to know about
On 31 January 2022, the MOF (Ministry of finance) of the United Arab Emirates announced the introduction of a new federal corporate tax implementing in the UAE, effective from the financial years commencing on or after 1 June 2023
Best ways to Create Financial statements:
Do you know that the Financial statement defines the financial health of every business? Financial health is essential to all the investors involved in the Organization. It provides the complete details of its operations, expenses, debt load, cash flow, profitability, and most importantly, the ability to meet the short and
Tips to Manage Small Business Finances
Starting a business itself is challenging, and many small start-ups find it difficult to make it in the long run. It is essential to make every step calculatingly and carefully to make a business successful, whether small or big. One of the vital steps to creating a successful business is
Key considerations for Month-end / year-end financial reporting
Before going to the details of Financial Reporting details, lets discuss about the Accounting . Accounting is the most crucial, or you can also say nerve-wracking & mentally draining task! Anyone working on a finance team will know how stressful accounting durations are. There are a ton of Last-minute requests
