Key FAQs on National ICV Program in UAE
Getting an In-Country Value (ICV) certification in the UAE has become one of the most essential aspects of successfully doing a business. The ICV programme was launched first in 2018…
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How Can Audit Firms in Dubai Help SMEs to Obtain Business Finance in 2022?
Limiting the role of audit firms in Dubai to mere audits and financial statements analysis services makes no sense in 2022. Nowadays, leading audit companies in Dubai assist businesses by…
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How To Determine If Your Business Falls Within The Scope of UAE Corporate Tax?
The UAE corporate tax (CT) is set to come into force from June 2023, prompting investors to assess whether or not their businesses would come under its ambit. Carrying out…
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Everything you must know about getting ICV certification in the UAE
The In-Country Value (ICV) certification was launched first in 2018 in Abu Dhabi by the Abu Dhabi National Oil Company (ADNOC) to encourage Emiratisation, GDP diversification and strategic considerations. The…
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Why Engaging The Right Auditors Is Key To Your Business Growth in 2022?
Auditors in Dubai play the most significant role in enhancing the corporate governance of companies. Since the transparency of financial function is critical to safeguard the interests of shareholders, engaging…
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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…
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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, giving constant headaches to business owners.…
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Due Diligence Audit in the UAE: The Purpose and Types
Typically, we associate the word “auditors” with professionals who conduct an annual audit of a company’s financial statements. However, the role of auditors is not restricted to the adjusting of financial statements…
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Key Compliance Requirements to Meet AML Obligations in ADGM Free Zone
Companies incorporated in the Abu Dhabi Global Market (ADGM) Free Zone are required to meet the requirements as per the Anti-money Laundering and Combatting Financing of Terrorism (AML-CFT) Law. The…
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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 work.…
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