Filing VAT Returns in the UAE? Avoid these Common Mistakes
Since January 1, 2018, when VAT was introduced in UAE, businesses have been required to comply with multiple requirements under the VAT Law. Filing VAT returns to... Read more.
Accounting Firms in Dubai: When should Startups Consider Getting Expert Assistance?
Dubai has created a robust ecosystem for startups from various industries to set up, grow and thrive. However, not all startups manage to scale the mountain of success... Read more.
A VAT Refund Guide for EXPO 2020 Participants & Tourists
The EXPO 2020 is going on with massive participation from more than 190 countries and an expected visitor’s count of 25 million. A critical aspect that the participant... Read more.
A Peek into Different Types of Accounting Practices in the UAE
If you are an entrepreneur running a small business in Dubai, you can’t afford to ignore the accounting function. Even if you build an in-house accounting team... Read more.
Top Payroll Accounting Challenges Entrepreneurs Must be Aware of
Payroll accounting generally involves the calculation and distribution of salaries, wages etc. to certain agencies and company staff. It also involves issuing reports... Read more.
Profitable Budget & Forecasting Tips for Small Businesses in Dubai
As economic headwinds like COVID-19 create uncertainties in the form of new variants, businesses, especially SMEs and startups, need to be more cautious than ever.... Read more.
Essential Guide to the VAT treatment of Farmhouses and Farmlands in the UAE
The UAE is home to numerous farmlands and farmhouses used for both commercial and non-commercial purposes. Apart from agriculture purposes, farms in the UAE are... Read more.
Everything Financial Service Businesses must know about VAT on Options & Option Premiums
In general, VAT on financial services in the UAE is subject to the standard rate of 5%. However, there were uncertainties regarding certain aspects such as financial... Read more.
How does the FTA Define VAT Treatment of Disbursement and Reimbursements?
In a global economic hub like the UAE, businesses incur a wide variety of costs and expenses every day. It is common for business owners to make payments on behalf... Read more.
An Accountant’s Guide to Successfully Pivot your Startup for Better Profits
Entrepreneurs in the Middle East might have heard a theory that 90% of the startups fail before they do ’X or Y’. You can fill in the X or Y with factors such... Read more.
