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Accounting and bookkeeping in the UAE are essential for businesses of all sizes. These services help businesses to track their financial transactions, prepare financial statements, and comply with UAE tax laws. Bookkeeping involves recording and organizing all financial transactions of a business. This includes recording sales and purchases, expenses, and other income and costs. Bookkeepers […]

Consulting Services in DMCC The Dubai Multi Commodities Centre offers a wide range of consulting Services in DMCC to businesses of all sizes, including bookkeeping, tax preparation, and financial advice. Financial advice is the process of providing guidance on financial matters. This can include helping businesses to manage their cash flow, set financial goals, and

Setting up a business in the UAE is a complex and time-consuming endeavor. However, it can also be a rewarding experience, as the UAE offers a number of advantages for businesses, including a stable political environment, a skilled workforce, and a strategic location. This guide will walk you through the steps from choosing the right

Best Practices for Detecting and Preventing Occupational Fraud Detecting and preventing occupational fraud is a serious problem that can have a devastating impact on businesses of all sizes. According to the Association of Certified Fraud Examiners, organizations lose an average of 5% of their annual revenue to occupational fraud. There are a number of best

Reasons Why Merge or Acquire Another Company In 2022, there were over $5 trillion worth of M&A deals globally. There are many reasons Why merge or acquire another company, but some of the most common reasons include: The decision to merge or acquire another company is a complex one. There are many factors to consider,

In recent years, the United Arab Emirates (UAE) has implemented Economic Substance Regulations in UAE (ESR) to align with international standards and combat harmful tax practices. These regulations have significant implications for businesses, banks, insurance companies, and other financial institutions operating in the UAE. Understanding and complying with the ESR is crucial to avoid penalties

Arm’s Length Principle The arm’s length principle is a fundamental concept in intercompany pricing regulations. It requires related entities to conduct transactions as if they were unrelated parties, ensuring that prices and terms are determined based on market conditions. The arm’s length principle prevents profit shifting and ensures that taxable profits are allocated appropriately. International

Financial planning for entrepreneurs in the UAE Starting a business as an entrepreneur in the United Arab Emirates (UAE) requires not only a great idea and determination but also effective financial planning. Proper financial management plays a crucial role in the success and sustainability of any entrepreneurial venture. In this comprehensive article, we will explore