EVERYTHING ABOUT THE SEEMINGLY ENDLESS BENEFITS OF ICA SMART SERVICES IN UAE
UAE is one of the most preferred destinations in the world for those who are opting to settle or seek employment outside their home country. If you are planning to open a business or looking to relocate to the UAE, you need to know about ICA Smart Services. From the normal jobseeker to the various […]
UAE to offer corporate tax relief. What startups and SMBs need to know.
The UAE Ministry of Finance issued a new ministerial decision on Small Business Relief, which permits small businesses earning $816,880 (AED 3 million) or less to claim tax relief during a tax period if their revenue does not exceed a particular threshold. The objective of Small Business Relief is to aid startups and small or […]
From Idea to Reality: How to Start a Small Business in Dubai.
Dubai is a thriving city that has transformed itself into a global business hub in the past few decades. Entrepreneurs and small business owners are attracted to the city for its tax-free status, low bureaucratic barriers, and strategic location. Starting a small business in Dubai can be a lucrative venture, but it requires careful planning, […]
Business setup in Dubai: A detailed guide to company formation in the UAE
The United Arab Emirates has undergone a remarkable transformation over the past few decades, evolving from a nation focused on fishing and pearling to a financial powerhouse with a diverse range of thriving industries. With a stable political system, strong economic growth, favourable tax policies, and open trade regulations, the UAE has become an attractive […]
8 key benefits of outsourcing payroll to a payroll agency in Dubai
Thanks to the rising world economy, this outsourcing trend is on the rise in businesses across different sectors. The drive to improve business efficiency and cost reduction is the primary reason for many organisations to focus more and more on key aspects of their business. Therefore, outsourcing a business area as demanding as payroll can […]
Important Alert: The deadline for subscribing to the unemployment insurance in the UAE is fast approaching!
It was in May 2022 that the Ministry of Human Resources & Emiratisation announced the launch of a mandatory scheme for unemployment insurance in the UAE. Officially called the Involuntary Loss of Employment (ILOE) Insurance, the scheme is beneficial for both Emiratis and residents working in the private as well as the government sector. The […]
How to get a certified internal auditor for your business in 5 simple steps
Choosing a certified internal auditor for your company is something that most business owners or organisations overlook with ease. Of the many factors that influence this decision, for most companies in a highly competitive market like the UAE, it eventually boils down to the cost. It is in this context that we would like to […]
What is Equity in Accounting? Everything business owners need to know.
As a small business owner, you may have heard the term “equity” thrown around in conversations about finance and accounting. But what is equity in accounting, and why is it important for your business? In this article, we’ll explore what business equity is and how it represents the value of your small business. We’ll also […]
100% Foreign Ownership in UAE authorised – Everything you need to know.
On November 23, 2020, the UAE Commercial Companies Law (the “CCL”) announced its decision to allow 100% ownership for foreign investors in UAE. This new policy marks a significant shift in the UAE’s business landscape and aims to attract foreign investment, enhance economic growth and stimulate innovation. Read on to find out more about this […]
A Comprehensive Guide to the Accounting Cycle for Trading Businesses
Accounting is an essential aspect of any business, and trading businesses are no exception. All organisations require accounting because dealing with numbers is not an easy task; and as a business, keeping a record of all transactions is crucial in the long run. The recorded information may be needed for various purposes, such as making […]
