Jitendra Chartered Accountants Blog

Everything Financial Service Businesses must know about VAT on Options & Option Premiums

August 14, 2021

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 service options and…

How does the FTA Define VAT Treatment of Disbursement and Reimbursements?

August 7, 2021

Tax/VAT

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…

AML in the UAE Know about Enhanced & Simplified Customer Due Dililgence

AML in the UAE: Know about Enhanced & Simplified Customer Due Diligence

August 5, 2021

Anti-Money Laundering (AML)

Conducting Customer Due Diligence ( CDD) is a mandatory requirement for every financial service provider company to comply with Anti-Money Laundering and Counter Financing of Terrorism (AML-CFT) regulations. The AML-CFT Law…

An Accountant's Guide to Succesfully Pivot your Startup for Better Profits

An Accountant’s Guide to Successfully Pivot your Startup for Better Profits

August 5, 2021

Accounting & Bookkeeping

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…

Key AML-CFT Terms Every Business Must Know

July 31, 2021

Anti-Money Laundering (AML)

Banking has changed ever since UAE was put on the grey list in Oct 2012 by the EU/OECD. It affected everyone, from blue colour workers to HNIs and big corporates.…

Internal Audits in UAE: Why Outsourcing is the Best Option for you?

July 31, 2021

Auditing

Modern internal audit functions warrant a broad range of skills to yield an effective and comprehensive internal audit. Even though a company employs a small number of internal audit professionals,…

Six Ways To Simplify And Optimize Your Small Business’s Accounting System

July 29, 2021

Accounting & Bookkeeping

Entrepreneurs having a fair knowledge about the importance of the accounting process often aspire to build a robust accounting system in their organisation. Many entrepreneurs in Dubai seek to emulate…

Top Ways to Ensure your Company’s Annual Audit Goes Smoothly

July 26, 2021

Auditing

As an entrepreneur, you can’t undermine the importance of the critical audit report provided by auditors in Dubai at the end of the audit process. The audit report will be used…

Top 5 Mistakes to Avoid while Building AML Compliance Framework

July 17, 2021

Anti-Money Laundering (AML)

As the UAE has started bolstering its efforts for a more transparent economy, the businesses are required to enhance their compliance programmes. The government has started cracking down on entities…

Top Tips To Improve Your Accounting Strategy During Economic Downturn

July 15, 2021

Auditing

Small businesses are always at the receiving end of economic uncertainties and are hand-to-mouth because they have no futuristic approach to save and build the reserves for uncertainties such as Corona-19. When Covid-19…

Jitendra Chartered Accountants Blog

Everything Financial Service Businesses must know about VAT on Options & Option Premiums

How does the FTA Define VAT Treatment of Disbursement and Reimbursements?

AML in the UAE: Know about Enhanced & Simplified Customer Due Diligence

An Accountant’s Guide to Successfully Pivot your Startup for Better Profits

Key AML-CFT Terms Every Business Must Know

Internal Audits in UAE: Why Outsourcing is the Best Option for you?

Six Ways To Simplify And Optimize Your Small Business’s Accounting System

Top Ways to Ensure your Company’s Annual Audit Goes Smoothly

Top 5 Mistakes to Avoid while Building AML Compliance Framework

Top Tips To Improve Your Accounting Strategy During Economic Downturn

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