There is no doubt over that accounting activities are essential in every organization. It does not matter how small or big your organization is, you have to keep everything under transparent eyes. That is why you would have to...
he Federal Decree Law of the UAE Government states that a Taxable Person should maintain the following records for the Tax Audit• The records of all supplies and Imports of Goods and Supplies • All tax invoices and alternative...
A Tax Audit is the reassessment of an organization’s role as a taxable body by the government. There is no fixed frequency to conduct the audit nor will all the Value Added Tax (VAT) registered business be audited. It...
Tax Audit is the re-evaluation of a company’s role as a taxable body by the government, its efficacy on an organization is very significant.• A Tax Audit protects the rights of the tax payer. The tax payer has been...
A Tax Audit will have the following advantageous or importance in an organization• A Tax Audit will maintain the books of accounts and all other records regarding the revenue and expenditure properly so that the eleventh hour rush and...
Tax is an enforced contribution to a state’s revenue, imposed by the government on workers’ income and business profits, or added to the cost of some goods, services, and transactions. Taxation is a method by which governments back their...
• Legal ComplianceComplying with legality is probably the best way to make sure that your business makes it to the top position elsewhere. For instance, we can take the case of Value Added Tax, which is really important in...
We often think accounting services are quite underrated. Not many business owners understand how useful they can be for their organization. To say the least, the right accounting services can take your business to a new level. In this...
• Corporative Tax will apply on the adjusted net profits of the business.• Generous loss transfer and utilization rules will be available to business.• Free zone businesses that meet all the necessary requirements can continue to benefit the corporate...
Whereas a company with a reputed tax auditor can tackle these kinds of issues more efficiently and scientifically as he has better knowledge and experience in handling the tax laws and the variations in VAT that is tax policies...