Women in Management in a scholarly review

Let us have a look on women in management according to the researchers. In today’s world women tend to enter for the labor market and it is reported numerous benefits of being female. According to research, it has been argued that women in certain situations adopt appropriate behaviors and roles adapted to the context in … Read more

Tax free Shopping – VAT refunds for tourists in UAE

Dubai is a world-famous destination for tourism and many people visit Dubai for the sole purpose of Shopping. Were you aware that you could claim refund on Vat paid for purchases you made in UAE? Yes, you heard it right. If you are planning to go to Dubai for shopping, here is good news for … Read more

IFRS – The International Financial Reporting Standards

The International Financial Reporting Standards (IFRS) is an international accounting standard that was developed to make recording and organizing the accounting data of a company easier. IFRS allows for a fair representation of the accounting data of the company and also takes care that the business is compliant with the various rules and regulations of the country. … Read more

Accounting Laws in UAE

In UAE, according to the Federal Law No 2 of 2015 on Commercial Companies and the UAE VAT law and relevant free zone laws, it is mandatory for the companies to maintain the books of accounts for at least 5 years. Maintaining proper books of accounts is compulsory in the UAE and any violations will … Read more

UAE reduces penalties for violating tax laws

Federal tax authority has relieved businesses by reducing penalties to facilitate them in filing an accurate tax returns by June 27, 2021. Cabinet Resolution No. (49) of 2021 revises administrative penalties imposed for violations of tax laws. Among the changes to the penalty regime are the following: The late-payment penalty has been revised to be … Read more

What is Glass Ceiling?

Around the world men tend to participate in labor markets more frequently than women   According to the statistics, female labor force participation rate of the world is 47.66 per cent while the male labor force participation rate is 74.7 per cent Overall, the global gender gap in labor force participation stood at 27 per cent. … Read more

You and your relationship with money

We all come into business to earn money. Our primary goal, when starting a business is scaling up and providing job opportunities to the world and fulfill our personal goals yet, if we were to really think about it, we would notice that in reality, it all boils down to money. We work hard, we … Read more

Environmentally preferable purchasing [EPP]

As today, 5th of June, we celebrate the World Environment Day it is important to fulfill our responsibility to the environment as well. So lets get some idea about the Environmentally preferable purchasing as a baby step to be more environmental in our businesses. Environmentally preferable purchasing [EPP] or responsible purchasing is a process which … Read more

Risk management

Risk management is a process in which businesses identify, assess and treat risks that could potentially affect their business operations. Risk management is consisted with the identification, analysis, and response to risk factors that form part of the life of a business. Effective risk management means attempting to control future outcomes by acting proactively rather … Read more

Business License in Dubai

Dubai is one of the famous places to start up a business in today’s world. Dubai benefits from a strategic location at the heart of the Middle East, perfectly placed to conduct business with every corner of the globe. Country’s state-of-the-art infrastructure make it one of the most prestigious business hubs in the world. UAE … Read more