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DMCC Removes Trade Barriers For Its Member Companies

In Dubai, there are several free zones that provide particular locations for the establishment and operations of various industries, they also assist them in the growth & development of their business. One of the most significant free zones is the Dubai Multi Commodities Centre (DMCC). DMCC provides many advantages and…
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Disruption In Financial Statements

Disruption….Disruption….Disruption that’s what we are hearing from the past few months. Disruption on human lives, Disruptionin development, disruption in economies and for businesses disruption in financial statements. For now Let’s focus on problems faced by the business houses and how it is disrupting financial statements of the companies. Coronavirus today…
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Stages of external Audit Process

An external audit takes place focuses on a company’s performance and compliance. All the records related to the audit examined in an external audit to ensure no errors exist in the financial declaration, which is very important for investors and regulatory requirements. External auditors have no affiliation with a company…
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VAT Registration Threshold Calculation in UAE

Worth included tax (VAT) is generally a tax that is implemented on the goods and services which is imposed at their sale. This is, in fact, the kind of an indirect tax that is used in a number of countries in the entire world. The expense is sustained by the…
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Financial Records to be maintained for a VAT Audit in UAE

A tax audit is an exam conducted by the Federal Tax Obligation Authority (FTA). To confirm if a company is sensibly performing its business procedures as a registered taxed service. This audit makes certain that all companies submit the tax returns accurately. Which every responsibility, as well as tax obligation…
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Top 5 reasons to hire an audit firm in UAE

An audit firm in Dubai UAE assists in assessing the economic wellness of a firm. It assists a company owner to develop an opinion concerning the current procedures of business and additionally help in choosing regarding the future of business. The audit record supplied by audit firms describes a specific…
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Steps to Claim Tax Refund Scheme

Complete Steps to Claim Tax Refund Scheme Under UAE VAT With the introduction of Value Added Tax-– VAT in the UAE, among all other schemes Tax Refund Scheme for Tourists has been the most waited for one. UAE has been a destination for millions of visitors particularly Dubai, which is…
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