UAE offers numerous opportunities for business, and Dubai is a major trade center. The local infrastructure meets the premier international standards, which pays to the productivity and high-class services. Some businesses in Dubai are exempt from paying corporate profit, while others will be levied a 9% when exceeding a certain profit threshold. Foreign investors who wish…
Forensic accounting is a set of techniques that combine the auditing, accounting and research services of accountants in order to offer a proper analysis of your company in Dubai. Our accounting firm in Dubai can provide you with suitable information and guidance regarding the internal, external and forensic audits for small or large companies in the city. Details about forensic accounting in Dubai…
A Dubai limited liability company is required to prepare the annual financial statements under IFRS (International Financial Reporting Standards). In agreement with IFRS, holding enterprises are demanded to prepare and organize enhanced audited financial statements each year. Consolidation is not mandatory if the business is a transitional holding company. A holding company will prepare the…
There are about 45 financial institutions in the UAE that offer credits, personal loans and other monetary support. The country also implemented a system that checks credit history and provides credit reports, giving banks the chance to verify debt levels of candidates and make better decisions on whether to lend them money or not. Our team of accountants can…
The United Arab Emirates (UAE) developed as a regional financial center in the Middle East during the last years. Among all the Emirates, Dubai is presently the most advanced when we are talking about the quality financial services offered to clients. There are over 20 local banks and about 30 foreign banks working in Dubai through branch offices. Dubai’s…
The appealing tax system and the business climate in the UAE are two important reasons for international entrepreneurs to relocate or establish their activities in this part of the Arabian Gulf. Those looking to externalize the accounting services can talk to one of our experienced team of accountants in Dubai and solicit details about bookkeeping…
Dubai has a tempting taxation regime and foreign financiers who choose to open companies in Dubai also profit from the double tax treaties signed between UAE and other states, with the purpose of avoiding double taxation for enterprises that have working offices in Dubai and overseas. As a foreign investor, it is useful to know if there are any double tax avoidance treaties between UAE and your state.…
Dubai’s tax regime is one of the good reasons why foreign financiers are starting businesses there. The metropolis emboldens foreign direct investments (FDI) not only through its satisfactory free zones but also through a general low taxation system that enforces very few taxes on its businessmen and residents. Our Dubai accountants can legally advise you, in order to understand the taxation procedures in Dubai,…
There are two types of employment contracts in Dubai: limited-term contracts and unlimited-term contracts. Of course, there are a few differences between these two, like the treatment of statutory, termination consequences, gratuity entitlement and end of service. The Dubai labour contract is required to be written in both Arabic and English (within the UAE),…
Dubai is now among the most popular destinations and it has become an attractive place for foreign investors because, along with the luxurious lifestyle that it offers, it is considered to be a tax-free city. But what does that mean, exactly? Now, we’ll try to answer some of the questions that we,…
