Which Accounting Standards Deal With Accounting For Fixed Assets In UAE?
Fixed assets are tangible or intangible assets owned by a company for use in its business activities. Tangible fixed assets have a physical form and can touch them, such as buildings, machinery, equipment, furniture, and fixtures. Intangible fixed assets are things like patents, goodwill, trademarks, and licenses. In the UAE, there are standards used by […]
How to Become the Best VAT Consultants in UAE?
A VAT Consultant plays a significant role in the operations of any business. It is a crucial job that requires expertise and experience. Small and medium-sized businesses in the UAE need them to help them decrease the VAT they pay on supplies, services, and consumables. Becoming a UAE VAT Consultant is not difficult at all. […]
Top Outsourcing Business Ideas In UAE
You have heard about the UAE’s booming economy and its surprising benefits for launching a business, but you do not know where to start. There are manyÂ business opportunitiesÂ inÂ UAEÂ for people who want to start a business or expand their existing one. If you want to start a business in UAE, then you must be thinking about […]
FTA Amends VAT Penalties and Fines in UAE
You might be thinking that if the UAE is considered to be a tax-free country, then why is there VAT in UAE? Yes, the UAE is a tax-free country, but there are still some taxes here, and VAT is one of them. In the UAE, the Federal Tax Authority will levy VAT fines and penalties. […]
How can I find the best chartered accountants in UAE?
Finding the right chartered accountants for your business in UAE is not an easy task. Many firms claim to be the best, but when it comes to audit or tax-related work, they fail to deliver results. When you are looking for an accountant, do your homework to find out what kind of services he offers […]
Get Your Business Tax Matters Perfectly Done With the Best Tax Consultant in UAE
With the flourishing state of the current economy of the UAE, the role ofÂ TAX consultants in UAEÂ in business is also growing at the same pace. Many companies are choosing to expand their business into the UAE, as well as many expats who have newly arrived in the UAE choose to start their own business. Therefore, […]
ARC Associates-The best firm in UAE for VAT Consultation
You may have many choices when it comes to discovering your appropriateÂ VAT Consultants in the UAE, but ARC Associates is well-positioned to be your top pick. This is mainly due to our commitment & in-depth knowledge of some of the more technical aspects, especially concerning VAT. We will assist you in understanding how these new […]
Dubai Customs Launches Trader Export Report Service
The Trader Export Report service was launched by Dubai Customs in collaboration with the Federal Tax Authority (FTA) to assist businesses in overcoming challenges, improving compliance, & increasing revenue. The new service will assist clearing & shipping agents in obtaining a Zero Rating of supply for goods exported under 90 days of the export date, […]
How to get an ICV Certificate in the UAE?
ADNOC’s Unified ICV Program is a brilliant initiative. Making contributions to In-Country Value (ICV) is linked to business incentive programs, which inspires local suppliers to start concentrating more on obtaining an ICV certificate. The initiative intends to promote economic development in the UAE & assist local businesses in doing business with large corporations like ADNOC. […]
Why Does Your Company Need The Best Business Valuation Services In UAE?
The entire purpose of establishing & running a business is changing in the contemporary world. Generally, businesses are launched to reach a greater valuation threshold & sell the company to the right purchasers. From such a change in approach & greater activity, the necessity for & occurrences of value is always increasing. The process of […]