The United Arab Emirates (UAE) is widely considered a tax-friendly jurisdiction with no corporate tax for most businesses. Recently, however, developments indicate a major change to this policy as the UAE government plans to implement corporate taxation. We investigate potential implications and the impact this transition might have on businesses and industries in this article. …

Impact of UAE’s Corporate Tax on Businesses and Industries Read More »

Bookkeeping is an integral part of running a business. It involves keeping track of all financial transactions, such as income, expenses, and investments. Accurate bookkeeping ensures your business remains financially sound and compliant with tax laws. Unfortunately, many businesses make common bookkeeping errors which can have dire repercussions. In this blog post, we’ll cover some …

Common Mistakes in Bookkeeping That Could Hurt Your Business: How to Stay Error-Free Read More »

Internal audit has the potential to add value to any business, big or small because it allows the company to address problem areas that may otherwise go unnoticed. Small problems can become huge, expensive issues over time if not corrected. Therefore, it’s important to make use of a tool like an internal audit in order …

7 Ways Internal Audit Can Add Value to Your Business Read More »

Whether you’re launching your first startup or running a midsize company, you’ll need to hire an accountant at some point. However, as time goes on and technology gets more advanced, there’s still no substitute for the advice and services that only an experienced CPA can provide—no matter how convenient or modern the accounting software might …

Why software can’t replace accountants? Read More »

With the hectic schedules that life often brings, many business owners don’t even think about outsourcing payroll until they are forced to. Just like any other part of your business, you need to examine what services you need and why you need them to make sure that you get the most out of them. Here …

3 Reasons Why Your Business Needs to Outsource Payroll Read More »