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Author: navid.rehmat
The United Arab Emirates is one of the most popular business destinations in the world. N number of businesses is getting registered in the country day by day. The companies registered in the UAE should get their accounts audited by registered auditors. What is the main purpose of the audit report or audit of a
What is mainland in UAE? The mainland is nothing but the location outside of a Free zone area in the UAE. Companies in the mainland need a local sponsorship to set up the company in some situations where a free zone company doesn’t. The mainland company license is issued by the DED – Department of
VAT on Export in UAE Value Added Tax is still a new concept to many people in the UAE. Moreover, the introduction of VAT is exceptionally a revolutionary decision in the business sector of the UAE. Such business aspirants who want to start a business in the UAE must thoroughly understand the rules, regulations, and
Tax Audit A Tax audit basically evaluating or assessing a company’s system whether they follows the Tax laws rules & regulations. In other words we can say its an evaluation or an assessment conducted by Federal Tax Authority to ensure that every VAT registered Business entities collects VAT from the customer and pays to the
Internal auditing means an independent objective assurance designed to add value and enhance company operations; this gives clear idea about the risk involved and helps to take right decisions specifically on financial activities of the company. Internal audit may help the business to improve performance by identifying and solving issues before they are detected in
External Audit also said as statutory audit. What a Statutory Audit means, An audit required or by Law. In Simple we can say that an External Audit is an independent examination of financial transactions maintained or recorded by the organization. In the UAE Banks require Audited financial statements from an accredited audit firm in Abu
Accounting Services in Dubai We provide the best accounting and bookkeeping services to all kind of business. We ensure to assist our clients in effectively managing all the important operations so that they can focus to grow the core business the primary goal of any company. We provide Accounting Services in Dubai (Accounting and Bookkeeping
VAT Return Filing in the UAE It is an important mechanism for the successful of VAT system, In fact it works as a medium for reporting VAT collected and Paid to the revenue authorities. VAT return filing in the UAE is a recognized way of reporting the input and output VAT during a specified period.
VAT Return Filing Services in UAE Once you got registered for VAT in the UAE you need file your VAT return (Input & Output Tax)& the corresponding VAT payments within 28 days of the top your tax period . The UAE VAT Act specifies that the VAT return must include all the details required as