A Guide to VAT Treatment on Services Received in Designated Zones in UAE
Historically, free zones have been excluded from the territorial scope of the UAE’s Value Added Tax regulations. And as per the UAE VAT regulations, only those... Read more.
What is the Role of Accounting in Corporate Decision-Making?
Even though it is the most critical function of a company, young and upcoming entrepreneurs may consider accounting to be boring or esoteric. Getting the services... Read more.
Everything You Must Know About VAT on the Export of Services Outside the GCC Region
The introduction of Value Added Tax (VAT) has significantly impacted businesses in the UAE. Came into effect on 1st January 2018, VAT has become a new source of... Read more.
VAT Applicability on Supply of B2B Passenger Transportation Services in UAE
Value Added Tax (VAT) has had a great impact on the UAE businesses since its introduction in 2018. The impact of VAT cuts across a diverse range of business sectors... Read more.
Accounting in UAE: Five Bad Habits Small Business Owners Should Break in 2022
Adopting robust internal practices makes companies agile enough to stay a step ahead. However, the lack of effective internal controls and practices create inefficiencies,... Read more.
Seven Ways to Pull Your Small Business out of a Cash Crunch
Entrepreneurs may see their business slowing down even if they work around the clock. Cash flow issues may hit every business at some point, no matter how hard you... Read more.
A Guide to VAT Implication on Residential Real Estate Sector in the UAE
The UAE introduced Value Added Tax (VAT) in 2018 with great impact on a wide range of sectors including the real estate industry. However, you need to understand... Read more.
Key Accounting Terms & Concepts Every Entrepreneur Should Know
The accounting team of your business quietly does its work taking care of your company’s financial processes, which allows you to focus on your core competencies.... Read more.
VAT Treatment of Sale or Disposal of Motor Vehicles Held as a Business Asset in the UAE
Most of the businesses in the UAE purchase, rent or lease motor vehicles to be used for business purposes. Such motor vehicles are considered as part of the company’s... Read more.
Top Ways to Improve Your Accounts Payable & Receivables Process
Every business needs to constantly keep track of accounts payable (AP) and accounts receivable (AR) to ensure the organisation’s smooth functioning. These two... Read more.
