Everything you need to know about the company liquidation process in UAE
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
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 […]
The new UAE pension scheme for expats. A boon for employers and employees alike.
In the bustling business landscape of the United Arab Emirates (UAE), expatriates from around the world embark on a unique journey seeking professional growth, cultural enrichment, and financial security. Lucrative opportunities in this global economic hub draw individuals from various corners of the globe. But how does one achieve financial stability in such a dynamic […]
Corporate Tax Registration UAE: A Comprehensive Guide
The United Arab Emirates (UAE) introduced a Corporate Tax Law effective June 1, 2023. This tax law is consequential for businesses operating in the UAE and carries implications for their profits and tax obligations. In this quick and simple guide, we will delve into the nuances of Corporate Tax registration UAE, helping businesses understand the […]
Business Pitches : A checklist to land your funding
Think about your all-time favourite movie or book. You’ve likely indulged in countless stories and narratives, but something about that one story is indelible. It has a particular resonance, leaving an impression through its storytelling, presentation, ideas, or technical brilliance. In many ways, crafting the perfect investor pitch is like the art of storytelling. It’s […]
What is the best business to start in uae? Here’s what we know so far!
Imagine you set up a lemonade stand, and everyone in the neighbourhood wants that lemonade. That’s exciting. Currently, the UAE markets are at this juncture where everyone is asking what is the best business to start in uae. Businesses are experiencing an upsurge in demand for their products or services, often resulting from effective marketing, […]
Invest in Dubai. A guide to the business potential & opportunities.
It’s a universal truth: when it comes to exploration, investment, and growing your wealth, Dubai reigns supreme. With its diverse business landscape catering to both startups and traditional enterprises, entrepreneurs find themselves at the crossroads of exciting business opportunities. Those with an eye for investments must make their way to the United Arab Emirates (UAE), […]
Cryptocurrency in Dubai – Building your digital assets in the UAE
There has been much noise about cryptocurrency since its introduction in 2013. While the concept of digital currencies initially sparked global interest and scepticism in equal quantity, Nations have taken a unique and progressive approach to regulating this booming industry. Today, the UAE’s stance on cryptocurrency regulation is attracting global attention as it fosters a […]
Financial Advisor or Financial accountant: who will benefit you more?
Where did the money go? This is a question that we ask ourselves every single time a bonus or an increment is spent. Financial prosperity does not begin or end with the potential to earn. It goes beyond that and in that journey, we as Nair and Nelliyatt Chartered Accountants can help you make the […]
New Tax in UAE. What every freelancer in UAE should know in 2023!
The UAE Ministry of Finance has recently announced that a new corporate tax will be applied to all businesses and commercial activities in the country, including freelancers. This means that freelancers who earn more than AED 375,000 (US$102,000) per year will now be required to pay tax on their income. This change has come as […]