Professional licence in Dubai: What does your business need?
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Trade can only be legal in the UAE with relevant registration and the appropriate commercial or professional licence in Dubai. The procedure of registration and licence helps the UAE law govern every single trade conducted within its jurisdiction. So, to have a seamless business, work or an alternate profession, obtaining an apt licence from the […]
For Company Formation in Dubai, Every Entrepreneur Should Know This!
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Dubai is an entrepreneur’s dreamland. Its luxurious lifestyle, towering skyscrapers, and robust business environment make it an apt ecosystem for any company to thrive. Before knowing the process of company formation in Dubai, it’s crucial to understand the business ecosystem of the heart of the Emirates. Why Dubai? The advantages of company formation in Dubai are vast. […]
How to outsource payroll & get quality help with employee wages
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Payroll is one of the most complex and fundamental functions of a Business. If not done meticulously, it will cost the company penalties and money and come at the cost of employees’ mistrust. One of the most efficient ways to handle this large and complex function is to outsource the payroll. How do we outsource […]
Corporate Tax for Foreign Companies with Permanent Establishment: Explained
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It is paramount that Foreign businesses with permanent establishments (PEs) in the UAE understand the tax implications, mainly corporate Tax. This blog outlines critical information about corporate tax for Foreign Companies with PEs in the UAE. Corporate Tax: The Tax in the Spotlight The limelight on corporate Tax remains undiminished. Over the much commotion, it isn’t easy to […]
BUSINESS PARTNERS NEED TO READ THIS! Corporate Tax Laws For Partnership Business In UAE
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The corporate tax, like all other taxes, may seem overwhelming to understand; this stands especially true as and when we dig deeper into each of the conditions and nature of the business enterprise. If you are curious about corporate tax and need a general view of applying for it, read tax registration in UAE, A […]
VAT on commercial property in UAE: A guide for buyers and sellers
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The UAE’s commercial property market has surged, prompting nuanced VAT regulations. The government strategically applies VAT to services and goods associated with commercial properties rather than the properties themselves. While VAT may not affect the sale price of a property, it could apply to services or items included in the transaction, like furniture or buildings. […]
Tax in Dubai on Salary. Know if the corporate tax will affect you!
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The Dubai Salary Tax: Does it exist? Dubai, or other parts of the UAE, does not impose a personal income tax on salaries. Professionals and expatriates working in Dubai and the rest of the UAE can enjoy their full salary without the deduction of a traditional income tax. The lack of a direct tax in […]
How to detect and prevent corporate financial fraud in Dubai
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No organisation escapes fraud. Fraud is that consistent vulnerable aspect that hides its deceitful head and creates financial leakage in the company. With multiple ways of transactions and versatile channels, a large amount of it takes place within finances and accounting. Detecting fraud in Dubai and UAE companies has become more consequential than ever. According […]
Everything you need to know about the company liquidation process in UAE
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No goodbyes are easy, and bidding farewell to a business venture is no exception. However, just like any parting moment, it’s a time when the precision of thought and clarity of mind becomes paramount. By following the legal process meticulously, one can ensure an orchestrated conclusion, minimizing the unseen challenges. This farewell or winding up […]
How to value a company: the comprehensive guide
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Would it be as easy to understand the price of a candy shop as paying for some candies? Unfortunately, a candy shop does not come with a price tag and the shop, unlike the pack of candies, has unseen enterprise value, such as revenue, profits, debts, assets, and liabilities attached to it. You need to […]