Best Accounting services in UAE , Dubai

Why Due Diligence Audits are Crucial for Informed Business Decisions?

Praveen

In the dynamic and competitive world of business, making informed decisions is paramount. Whether considering a merger, acquisition, investment, or partnership, the stakes are high, and the potential risks significant. This is where due diligence audits play a pivotal role. They provide a comprehensive, in-depth analysis of an entity, ensuring…

Praveen

In the ever-evolving world of startups, securing a robust financial foundation is critical to ensuring long-term success. While many startups might think they can manage without a Chief Financial Officer (CFO), having access to CFO-level expertise can significantly impact a business’s trajectory. This comprehensive blog explores why your startup needs…

Praveen

In today’s complex financial environment, businesses face numerous challenges that can lead to significant financial missteps. From fraud and embezzlement to regulatory non-compliance, the potential for financial discrepancies is vast. Forensic audits have become a critical tool in identifying and mitigating these risks. This blog explores the importance of forensic…

Praveen

The real estate sector is one of the most dynamic and critical industries in any economy, and Dubai is no exception. Known for its architectural marvels and vibrant property market, Dubai has witnessed exponential growth in real estate over the past few decades. However, with this growth comes the need…

Navigating the VAT Refund Process

TEAM

Navigating the VAT Refund Process: Expert Tips for a Swift Claim Claiming a VAT refund can often be a complex and time-consuming process, but with the right guidance, it can be streamlined for quicker processing. Here, we provide expert insights and tips to help you navigate through the intricacies of…

FTA Portal Access Transitioning to UAE Pass

TEAM

Important Announcement: FTA Portal Access Transitioning to UAE Pass As of September 30, 2024, an important transition will be taking place regarding access to the Federal Tax Authority (FTA) portal. Moving forward, users will exclusively access the FTA portal through the UAE Pass authentication system. This significant change aims to…

Unlocking the Potential: Understanding the Essentials of ESR Audit

TEAM

In today’s business world, it’s important to follow certain rules. ESR (Economic Substance Regulations) audits are one such rule. Let’s talk about what ESR audits are and how to get ready for them. What Are Economic Substance Regulations (ESR)? ESR rules are there to make sure that companies are doing…

The Application of the core principle in IFRS 15. To ensure the compliance with federal decree law

TEAM

The Application of the core principle in IFRS 15. To ensure the compliance with federal decree law Ensuring compliance with Federal Decree No. 47 of 2022 for corporate taxation relies heavily on following IFRS guidelines. When it comes to recognizing Revenue from Contracts with Customers, it’s crucial to follow the…

Streamlining Tax Certificate Issuance by UAE Federal Tax Authority

TEAM

Streamlining Tax Certificate Issuance by UAE Federal Tax Authority In an effort to enhance efficiency and service delivery, the UAE Federal Tax Authority (FTA) has expedited the processing time for issuing tax certificates. Enhancing Efficiency for Tax Certificate Issuance The FTA has implemented measures to accelerate the processing time for…

Corporate Tax: Obligations for Exempt Entities

TEAM

Corporate Tax: Obligations for Exempt Entities Individuals or organizations eligible for corporate tax exemptions, referred to as exempt entities, must adhere to specific registration and record-keeping requirements to uphold compliance with tax regulations. Despite benefiting from certain tax advantages, it is essential for exempt individuals or entities to fulfill their…

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