• Importance of auditing in business

    • Auditing is a an independent and methodical examination of books, accounts, statutory records, documents of an entity to determine how far the financial statements and non-financial disclosures present a true and fair view of the concern. It is an effective…

    • January 23, 2020
    • G20 presidency : effect on Saudi economy

    • According to new research Kingdom of Saudi Arabia to be the first Arab nation to take over the G20 presidency is likely to deliver a 0.2 percent boost to the kingdom’s non-oil private sector GDP. In December Saudi Arabia took…

    • January 20, 2020
    • Sheikh Mohammed introduce law for DIFC property sector

    • Vice-President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Law No.1 of 2020 refering to leasing in the Dubai International Financial Centre (DIFC). This newly implemented law will…

    • January 16, 2020
    • Sheikh Mohammed amends gratuity law in Dubai

    • Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, in his capacity as the Ruler of Dubai, has amended the gratuity law in Dubai. This new law introduces the new qualifying scheme workplace…

    • January 15, 2020
    • Sheikh Mohammed to introduce new Smart Dubai law

    • Vice-President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum have issued Law No. (1) of 2020 on Smart Dubai. The new Law is applicable to the Smart Dubai Office established…

    • January 14, 2020
    • Benefits of Offshore Company setup

    • Benefits of Offshore Company setup Offshore companies are setups being functioned by foreigners overseas. The primary reason to setup an offshore company is to own assets in a foreign country. The assets are owned by the company that is setup…

    • December 26, 2019
    • Facebook to implement VAT on ads in UAE

    • Social media giant Facebook has announced implementing value-added tax (VAT) on the sale of ads in the UAE. A statement said that “All advertisers with a ‘sold to’ of United Arab Emirates that have not provided a tax registration number…

    • December 20, 2019
    • New Insolvency Law to protect Debtors

    • A new insolvency law has been approved by the UAE Cabinet this week to protect debtors’ dignity and gives them the opportunity to manage their finances. On Tuesday, the ministry of finance explained how the law will be applied; how…

    • December 18, 2019