Ways to set up the Financial Strategies in Dubai

Ways to set up the Financial Strategies in Dubai

The financial strategy of the company requires planning, budgeting and forecasting usage more suitably. While the three terms are inter-linked and emphasizes building a financial road-map for your business, they are not at all the same. Let’s explore what these terms significantly mean with their similarities and differences between them. Strategize the plan The first … Read more

Should You Hire an Accountant in Dubai ?

Should-You-Hire-an-Accountant-in-dubai

Not just your payroll and taxes. Your accountant can do many other tasks than this. One good reason to hire an accountant is your company’s growth. From planning to start up a company to executing it, from applying for loan to approvals, your steps get easier with your accountant. It doesn’t mean to hire a … Read more

Looking for Best Accounting & Bookkeeping Services in Dubai ?

ACCOUNTING-BOOKKEEPING

Bookkeeping is the process of detailed recording of financial transactions of any business establishment. Accounting ranges wider than Bookkeeping. Accounting is a system in which a financial information of a company is classified, recorded, analyzed, summarized, and reported. Bookkeeping and accounting are entirely different in terms of their purposes. Bookkeeping or so-called recordkeeping is a … Read more

What Makes a Good Business Valuation Report?

What Makes a Good Business Valuation Report

If you want to sell your business or you want some loans from the bank, valuation your business is absolutely important. So, what does a valuation report mean? What are the important contents of a valuation report? What are the methods to evaluate a business? I will try to answer all of these questions below. … Read more

Accounting Guide for Startup in Dubai – UAE

Accounting Guide for Startup in Dubai - UAE

Are you afraid of numbers? Do you freak out with accounts? Don’t worry we are here to help you with numbers and accounts. Here are some start-up accounting guides which all business owners should consider. Business Bank Account As you start-up business, as a thumb rule, open a separate business bank account. Avoid any personal … Read more

Advantages of using WAVE as accounting Software:

Advantages of using WAVE as accounting Software

  Started a new venture? Wondering which accounting software to use? There are definite advantages of using Wave as an accounting software. In this blog I am going to explain the advantages and disadvantages of using Wave as your accounting software.   Wave vs Excel:   You might argue that using excel Is a perfectly … Read more

Economic Substance Test in UAE

Economic Substance Test in UAE

Is your Company Economic Substance compliant? Did you do a Economic Substance test? We would include a list of questionnaire that will help you to understand whether or not your Company falls under the scope of Economic Substance Regulations in the UAE. For further assitance we at Beyond Numbers are happy to help you.  First … Read more

Distribution and Service Centre Business for ESR

A “Distribution and Service Centre” Business for ESR refers to two distinct activities that are covered under one “Relevant Activity” heading. A Licensee is considered engaged in a “Distribution Business” if the Licensee purchases raw materials or finished products from a foreign group company, and distributes those raw materials or finished goods. A Licensee is … Read more