Jitendra Chartered Accountants Blog

How Dealers of Precious Metals are Exposed to the Risk of Money Laundering?

June 19, 2021

The Cabinet Decision No. (10) of 2019 on Anti-Money Laundering and Combating the Financing of Terrorism identify dealers in precious metals and precious stones (DPMS) as Designated Non-Financial Business and…

Why Do You Need an Accounting Firm’s Help While Selling a Business in Dubai?

June 19, 2021

Accounting & Bookkeeping

Having a robust exit strategy is an essential aspect of doing business in Dubai. Selling a business is one of the most commonly used exit strategies among entrepreneurs. The reasons…

Essential ESR Notification Guide For Licensees & Exempted Licensees

June 10, 2021

Economic Substance Regulation (ESR)

Who has thought that businesses operating in the UAE will have to worry about the deadlines for filing the returns? Once upon a time the UAE popularly known as a…

Six Common Cashflow Risks SME & Startup Owners should be Wary of

June 10, 2021

Accounting & Bookkeeping

Keeping a healthy cash flow is essential for SME and startup owners who aim to make a profit out of their businesses in Dubai. Whether you are starting a new…

Accounting Advise For UAE Startups To Reduce Costs and Boost Profits

June 3, 2021

Accounting & Bookkeeping

‘Doing more with less’ has become the mantra of startups and SMEs across the world in the post-pandemic era. Even the businesses that have not come under the reel of…

Received Penalties For No-Submission Of ESR Report? File An Appeal

May 29, 2021

Economic Substance Regulation (ESR)

Licensees and exempted licensees are required to file the Economic Substance Notification for the financial year ended 31st December 2020 on or before 30 June 2021. The companies need to assess…

UAE Updates VAT Refund Guidance for Business Visitors: What’s in it for You?

May 29, 2021

Tax/VAT

Foreign businesses are allowed to claim VAT refund in the UAE subject to terms and conditions laid out by the Federal Tax Authority (FTA). The FTA recently issued guidelines revising…

The Role Of The Financial Statements For SMEs in Dubai in Uncertain Times

May 27, 2021

Accounting & Bookkeeping

Though people say Dubai is a tax haven or there are no taxes. True but very few people realise the fixed administrative cost is very high. Hence keeping watch on…

An Essential Guide To Conduct An Internal Audit In Your UAE Organisation

May 22, 2021

Auditing

Performing consistent internal audits is essential for businesses to accomplish their corporate objectives by analysing the efficacy and consistency of their best practices. Unlike an external audit, an internal audit…

A List of Revised Penalties For ESR Violations In The UAE

Administrative Penalties for ESR Non-compliance in the UAE

May 22, 2021

Economic Substance Regulation (ESR)

The Cabinet Resolution no. 57 of 2020 has given the administrative penalties related to various violations related to Economic Substance Regulation (ESR). The new resolution has increased the number of…

Jitendra Chartered Accountants Blog

How Dealers of Precious Metals are Exposed to the Risk of Money Laundering?

Why Do You Need an Accounting Firm’s Help While Selling a Business in Dubai?

Essential ESR Notification Guide For Licensees & Exempted Licensees

Six Common Cashflow Risks SME & Startup Owners should be Wary of

Accounting Advise For UAE Startups To Reduce Costs and Boost Profits

Received Penalties For No-Submission Of ESR Report? File An Appeal

UAE Updates VAT Refund Guidance for Business Visitors: What’s in it for You?

The Role Of The Financial Statements For SMEs in Dubai in Uncertain Times

An Essential Guide To Conduct An Internal Audit In Your UAE Organisation

Administrative Penalties for ESR Non-compliance in the UAE

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