Jitendra Chartered Accountants Blog

Cost-Effective Accounting Solutions for SMEs

November 18, 2024

One significant aspect of running small and medium enterprises is finance. Small budgets, a lack of expertise, and time constraints make updating account records and ensuring compliance challenging. This will…

All You Need to Know About eInvoicing for VAT

November 11, 2024

Tax/VAT

The government of UAE is all set to digitalise its economy by 2026 with the latest eInvoicing initiative. eInvoicing or electronic invoicing is defined as electronically exchanging invoices between buyers and…

DNFBPs: A Checklist for Ensuring Smooth AML Compliance in UAE

November 4, 2024

Anti-Money Laundering (AML)

The United Arab Emirates has a robust regulatory and legal framework when it comes to dealing with money laundering and financing of terrorism and terrorist organisations. All DNFBPs- Designated Non-financial…

Top Audit Risk Areas UAE Businesses Need to Know

October 28, 2024

Auditing

Managing risks effectively is paramount for UAE businesses to ensure proactively identifying and controlling threats that can affect businesses such as regulatory compliance, safeguard reputation and maintain financial stability. Auditors…

AML Compliance in UAE: Best Practices for Real Estate Agents in UAE

October 24, 2024

Anti-Money Laundering (AML)

The real estate industry is classified as DNFBP (designated non-financial businesses and professions) under the AML law in UAE, and it is a highly vulnerable industry for money laundering. Real…

UAE Cancels ESR Reporting Requirements for Entities

October 18, 2024

Economic Substance Regulation (ESR)

The UAE has introduced key changes to the country’s Economic Substance Regulations (ESR) by releasing the Cabinet of Ministers Decision No. (98) of 2024, which amends the Decision No. (57)…

A Guide to Choosing the Best Audit firm in 2024

October 10, 2024

Auditing

Conducting an audit is beneficial for UAE businesses to ensure their financial records and statements are accurate and comply with the regulations. Investors, regulatory authorities, stakeholders, banks and shareholders rely…

How to Liquidate Mainland Companies in Dubai?

October 8, 2024

Liquidation

No matter what type of business you own, you must follow certain steps and requirements to liquidate your company in Dubai. Voluntary liquidation of a Dubai Mainland Limited Liability Company…

Top Red Flags that Indicate you must Outsource Accounting Firms in Dubai

September 28, 2024

Accounting & Bookkeeping

Entrepreneurs juggling multiple tasks in their startups or SMEs may fail to detect whether their accounting is at risk. Hiring an in-house accountant may not be challenging for small businesses…

How Automation is Simplifying Accounting in 2024

September 16, 2024

Accounting & Bookkeeping

Accounting is a critical process that determines the life of a company in the UAE. Outsourcing the accounting process to accounting firms is essential for UAE businesses as they ensure…

Jitendra Chartered Accountants Blog

Cost-Effective Accounting Solutions for SMEs

All You Need to Know About eInvoicing for VAT

DNFBPs: A Checklist for Ensuring Smooth AML Compliance in UAE

Top Audit Risk Areas UAE Businesses Need to Know

AML Compliance in UAE: Best Practices for Real Estate Agents in UAE

UAE Cancels ESR Reporting Requirements for Entities

A Guide to Choosing the Best Audit firm in 2024

How to Liquidate Mainland Companies in Dubai?

Top Red Flags that Indicate you must Outsource Accounting Firms in Dubai

How Automation is Simplifying Accounting in 2024

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