How to Process Documents for an External Audit?
During an audit, auditors in Dubai will request access to a wide range of company information. Audit firms in Dubai ask for this information to ensure that their practices comply…
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Why Invoice Discounting is Significant for UAE Businesses?
Chasing customers for prompt payment of invoices is a common issue faced by most businesses in Dubai. It is under such circumstances that businesses avail of corporate finance services in…
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Why the Bank Overdraft Facility Is Considered a Secure Trade Finance Option?
Business overdraft facilities (also called bank overdrafts) form an integral part of corporate finance services in Dubai as it offers a secure finance option for both SMEs and big corporate…
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Key Insights on the Applicability of UAE Corporate Tax on Dividends & Capital Gains
As the UAE corporate tax is about to take effect from June 1st, 2023, business owners need to be clear on the impact of the tax on the types of…
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Top Requirements for Free Zone Businesses to Benefit From 0% Corporate Tax in the UAE
“Are free zone companies exempt from corporate tax in the UAE?” has become a frequently asked question after the government announced that it will introduce corporate tax from June 1st 2023.…
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Key Things Business Owners Must Know About Bank Guarantees in the UAE
The use of bank guarantees is widely popular among business owners seeking corporate finance services in Dubai. A bank guarantee is a promise made by a commercial bank to the…
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UAE Excise Tax: New Clarification on Lost or Deficient Goods in Designated Zones
The UAE Federal Tax Authority (FTA) has released an Excise Tax Public Clarification (EXTP007) on Excise goods that are deficient or short of quantity and the process for the destruction…
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How can Accounting Firms help to turn around the Finances of a Struggling business?
Businesses struggling to manage their finances amid serious issues may need the help of accounting companies in Dubai to get back on track. Companies generally struggle due to various reasons…
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Corporate Finance in the UAE: An Essential Guide to Trust Receipts
Availing of corporate finance services in Dubai has become inevitable for traders due to the region’s status as one of the top trade hubs in the world. Traders often require…
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Letter of Credit and Its Significance in the UAE Corporate Finance Regime
SMEs may often land overseas business projects that warrant big funding. Businesses that carry out international trade transactions often rely upon letters of credit to meet the funding requirements. A…
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