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Licensed vs Operating Activity: What You Must Know Before Your Regulator Asks
Your trade license sets out what your business is authorised to do. But as companies grow, new services, revenue streams and opportunities often emerge that were never contemplated when the
UAE E-Invoicing: The Deadlines Are Set. Is Your Business Ready?
Overview The UAE’s e-invoicing mandate has moved from a future consideration to a dated implementation programme. Businesses that delay their assessment will have less time to prepare their systems, data
UAE VAT Update — Clarification on Natural person Performing the Function of Director on a Board of Directors
The Federal Tax Authority (FTA) recently published a Public Clarification VATP031 on the treatment of the services of a member of a Board of Directors (hereafter referred to as “Director”).
UAE VAT Updates – Amendments to the VAT Law effective from 1 January 2023
The UAE Cabinet (Cabinet) issued Federal Decree-Law No. 18 of 2022 on 26 September 2022, which amends some of the provisions of Federal Law No. 8 of 2017 on Value
Newsflash: If a UAE SME lets its financial control become ‘financial out-of-control’, the risks can be existential
In a long career in finance and accounting, I reckon I’ve pretty much seen it all…. and, frankly, some of it was not very pretty! For every role where my
Newsflash: Integrating Strategy, Business Plans and Budgets
In the UAE, as in other countries, businesses too often prepare a budget without first giving due consideration to strategy and medium-term business planning. This is particularly the case for
Newsflash: The Benefits to a UAE SME of a Non-Executive Director with a Financial Background
Although non-executive directors (NEDs) are only a legal requirement in the United Arab Emirates for joint stock companies (JSCs), they can be of significant benefit to small and medium-sized enterprises
Newsflash: Freeing-up UAE entrepreneurs to concentrate on business-critical activities
Like their counterparts in other parts of the world, UAE business leaders are constantly striving to maintain focus on revenue-earning and business-critical activities. Yet many are distracted and deflected from
Newsflash: A UAE start-up’s need for CFO Support
UAE government measures which have removed much of the red tape that previously hampered start-ups and which now allow 100 percent foreign ownership of companies have created an ideal incubator
February 10, 2022
Read more about Newsflash: A UAE start-up’s need for CFO SupportNewsflash: Selling your business in the UAE? How to successfully navigate the process
When the owner of a small or medium-sized enterprise (SME), whether it be an individual or a corporation, decides to sell that business it is of paramount importance that there
Newsflash: Key considerations for UAE companies expanding Internationally
Whether it is to establish new customers and revenue streams or to gain a competitive advantage, for example, through economies of scale, the UAE’s small and medium-sized entities (SMEs) are
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