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Dubai is one of the most popular destinations for company formation due to its strategic location, tax-friendly policies, and modern infrastructure. However, there are several myths associated with company formation in UAE, which can cause confusion for entrepreneurs and business owners. Myth 1: Companies can only operate in free zones While Dubai’s free zones are […]

Accounting is important as it keeps a systematic record of the organization’s financial information. Business and accounting go hand in hand. It would be difficult for management to determine the financial position of the business if enterprises do not prioritize its functioning. They can determine the way the business is heading by analyzing its finances. […]

A professional VAT consultant provides accurate guidance and essential information which results in the greatest savings while adhering to all legalities. The VAT consultants in Dubai are qualified professionals who can advise clients (business owners) in matters related to VAT and other key areas of business such as Cash flow and Working Capital Management. The […]

Keeping track of your finances requires bookkeeping. Bookkeeping is essential whether you need to prepare your tax returns, keep your business organized, or manage your cash flow. Here are some of the reasons why bookkeeping is essential for your business

Through auditing, the stakeholders/investors and owners of the company will have the necessary transparency regarding how accurate their books of accounts are. Secondly, if there is any kind of financial fraud or error committed, auditing will bring it to the company’s attention.

Globalizing your business idea and leading your vision towards the actual proximity of the international audience requires a certain growth-oriented ecosystem, infrastructural assistance, and some space in the heart of a super-booming market – like the United Arab Emirates that deservedly boasts of being the 15th biggest global commercial hub. Though this seems as intriguing as it could be, it is vital to come across certain factors for a business setup in Dubai.

The industrial sector still has much work to do to keep pace with growth targets and the UAE leadership’s ambitions for the future

The UAE’s outward FDI flows reached approximately $22.5 billion in 2021, with an annual growth of 19.1 percent, according to the UAE Ministry of Economy.

Key Gulf state follows neighbours with creation of tax on company profits

Upon listing, the company will have a market capitalization of $33.75 billion