Don’t Skip Annual External Audits in Dubai: Here’s Why
An external audit is the best level of assurance businesses can have over their financial statements. Yet most companies perform annual audits in Dubai only if it is a legal…
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What is the Role of Accounting in Corporate Decision-Making?
Even though it is the most critical function of a company, young and upcoming entrepreneurs may consider accounting to be boring or esoteric. Getting the services of accounting firms in…
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Top Causes of AML Compliance Program Failures, and How to Overcome Them?
Financial institutions such as banks and money exchanges and Designated Non-Financial Businesses and Professions (DNFBPs) i.e audit and accounting firms, law firms, real estate brokers, Dealers in Precious Metals and…
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Everything You Must Know About VAT on the Export of Services Outside the GCC Region
The introduction of Value Added Tax (VAT) has significantly impacted businesses in the UAE. Came into effect on 1st January 2018, VAT has become a new source of revenue for the…
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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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