DMCC Audit Report Deadline 2020
24 Sep 2020

DMCC Audit Report Deadline 2020

Dubai Multi Commodities Centre (DMCC) had extended the submission of the Audited Financial Statement (AFS) with financial year-end date 31st of December 2019

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The Unexpected Visitors
30 Aug 2020

The Unexpected Visitors

Everyone is cheering for another year and looking forward to another chapter of their lives. People are expecting to drink a cup of bliss each morning,

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Looking for RAKEZ Approved Auditors
29 Aug 2020

Looking for RAKEZ Approved Auditors

A decent and promising spot with little to zero guideline is always the best and the most favorable choice to start on a business as it enables quicker set-to

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The Evolution of Audit
27 Aug 2020

The Evolution of Audit

The meaning of auditing has changed a lot since then until now. If there is what is called the evolution of humans, there is likewise the evolution of auditing.

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Liquidation of Company
18 July 2020

Liquidation of Company

A well crafted exit strategy is as important for a business as its daily operations. The decision to liquidate a company is to be taken at an appropriate time & abiding by all

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Accounting Services in UAE
28 Apr 2020

Accounting Services in UAE

Accounting is a process of recording, measuring, and communicating information about financial transactions. Normally, the word “accounting and bookkeeping”

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How to Correct Errors in your VAT Return
23 Apr 2020

How to Correct Errors in your VAT Return?

As humans, it is inherent for us to make mistakes – be it committing a small error or getting lost on how things should be done. The same thing might happen while preparing VAT returns.

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Importance Accounting in the Business World
15 Mar 2020

Importance Accounting in the Business World

In the world of business, it is very common for us to hear that accounting plays a vital role as this gives the stakeholders a gauge of how well a company is performing. Given this, do we really know the how important accounting

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VAT Registration in UAE: When, Why and How
18 Feb 2020

VAT Registration in UAE: When, Why and How?

Value Added Tax has been implemented in the UAE last 1st January 2018. With this, businesses need to consider whether they are required to register

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External Audit
9 Feb 2020

External Audit Dubai

An external audit is an independent examination of the financial statements prepared by the organisation. It is an examination of a company's records

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VAT could mean higher costs for banking services
5 Sep 2017

VAT could mean higher costs for banking services

Indications from the new tax law announced last week point to a system that UAE banks and financial institutions will have both exempt as well as taxable supplies.

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Federal Tax Authority mandated to audit tax compliance in the UAE
5 Sep 2017

FTA mandated to audit tax compliance in the UAE

According to the terms of the recently enacted federal tax law, the Federal Tax Authority (FTA) now has the legal authority to conduct a tax audit

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Small firms need to be sticklers at book-keeping
4 Aug 2016

Small firms need to be sticklers at book-keeping

The importance of maintaining proper accounting records by SMEs cannot be overstated. Yet many entrepreneurs and business owners do not take keeping a record of accounts seriously, placing it low

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