Many companies in the UAE want to work with government bodies and major clients like ADNOC. But without a specific certificate, they may never get the chance. This document is…
Many businesses in the UAE lose out on valuable government contracts without knowing why. They follow all the rules, meet deadlines, and offer competitive prices, but still don’t get selected.…
A “VAT error”, also known as “tax error, is an event that arises when a VAT-registered taxable person fails to set out the correct output VAT amount or fails to…
Money laundering and terrorist financing through the real estate sector is a growing concern. Criminals are using property deals to hide their illegal earnings or move funds without raising suspicion.…
Financial crime poses the most considerable risk. It not only damages people but also destroys systems as a whole. Unless registered correctly, your business (FIs, DNFBPs, VASPs) could be exposed…
Winding up a company can feel overwhelming. The paperwork, legal steps, and regulatory rules in Abu Dhabi Global Market (ADGM) aren’t easy to navigate. ADGM doesn’t allow just anyone to…
Internal controls are the backbone of any successful business in the UAE. It is the responsibility of management to establish, maintain, and monitor these controls, along with preparing accurate financial…
Financial report errors can cost UAE businesses a lot of money as well as their reputation. Investors lose faith. UAE regulatory authorities look suspiciously. On the basis of erroneous data,…
Over the last two decades, technology has grown faster than ever. With advancing technology, the processes of auditing and financial reporting are also changing drastically. Now, the traditional processes are…
For many businesses in the UAE, financial reporting can feel overwhelming. Terms like equity, cash flow, and profit margins might sound complex, but they are crucial to your business’s success. Unfortunately, a lack of…