VAT – How Prepared is Your Business?
VAT is about to mark the beginning of a new era for the Gulf Cooperation Council (GCC) countries by bringing in a fundamental shift in the countries revenue collection. As the GCC member states are to adopt Value Added Tax (VAT) on 1 January 2018, companies are on a...
UNCTAD Ranked the UAE as the 12th Top Destination for FDIs
Recently, The World Investment Report 2017 by United Nations’ Conference on Trade and Development (UNCTAD) shows that the UAE is the 12th most earned foreign direct investment (FDI) with an impressive inflow of $9 billion in 2016. The report also reveals that other...
Auditors In UAE : 3 Factors for Considering
Deciding which auditor to hire can be a bit tedious as it involves your company’s financial stability. Ideally, the relationship between a company and the auditor should be long and beneficial for both parties. Since the stakes are considerably high in choosing the...
VAT Implementation in UAE : Top 3 FAQs
With only half a year left before the implementation of the 5% VAT in UAE (value added tax) roll out, a lot of questions about its regulation are still hanging in the air. We compiled the top three frequently asked questions and try to answer some of it. Will the cost...