Prontosys 
Introduction: Corporate tax registration is a critical process for businesses operating in Dubai. The United Arab Emirates (UAE) introduced the concept of corporate tax in recent years, making it mandatory for certain companies to register and comply with tax regulations. In this blog, we will outline the essential steps businesses need to follow for corporate … Read more
An organization’s internal controls, risk management procedures, and governance practices must be evaluated and improved based on the findings of internal audits. To enhance operational effectiveness and reduce risks, internal auditors conduct in-depth studies and offer sage advice. We’ll examine the main goals of the internal audit Dubai process and talk about how important they … Read more
Payroll software refers to specialized software designed to streamline and automate the process of managing employee compensation, including wages, salaries, deductions, and tax withholdings. It is used by businesses of all sizes to calculate and process payroll accurately and efficiently. Payroll software typically includes features that help businesses manage various aspects of payroll administration. … Read more
Invoice services refer to the provision of tools, software, or platforms that assist businesses in creating, managing, and processing invoices. An invoice is a document that outlines the details of a transaction between a seller and a buyer, including the products or services provided, quantities, prices, payment terms, and other relevant information. Invoice services streamline … Read more
A statutory audit, also known as an external audit, is an independent examination of acompany’s financial records, statements, and accounts. It is conducted by a qualified externalauditor who is appointed by law or regulation to ensure compliance with statutory requirements.The purpose of a statutory audit is to provide an objective and unbiased assessment of thecompany’s … Read more
VAT stands for Value Added Tax which is a consumption tax levied on the value added at each stage of the production and distribution chain of goods and services. VAT is typically implemented by governments as a way to generate revenue and shift the tax burden from income and profits to consumption. The impact of … Read more
VAT return in UAE is a form that businesses must submit to the government in order to declare the value-added tax they have collected from customers and paid to suppliers. The form must be completed and filed on a periodic basis (usually quarterly), and the amount of tax due is then calculated and paid to … Read more
