Red Flags ignored by Business owners

Business owners make every effort to make their business successful and deliver the desired profit levels. Being overwhelmed with day-to-day activities, business owners often miss out on red flags of underperformance. By identifying the issues earlier, it is easier to implement corrective actions.

UAE Introduce corporate Tax??

UAE is a country that attracts businesses from all around the world and one of the main reasons for that was tax free environment in the country. UAE was known as a tax-free commerce hub. But now it has been announced by the Ministry of Finance that UAE will be introducing a federal corporate tax … Read more

UAE financial markets

Dubai Financial Market (DFM) is governed and regulated by the UAE Securities and Commodities Authority (SCA) which has the authority to impose laws and standards which DFM must comply. Two main financial securities exchange markets operate in the UAE under the Securities and Commodities Authority (SCA): Abu Dhabi Securities Exchange Dubai Financial Market Both markets … Read more

Federal Law No. (2) of 2015 on Commercial Companies with regard to the company formation.

Let’s have some general insights to the Federal Law No. (2) of 2015 on Commercial Companies with regards to the company formation. What is a company? According to the Law a company is a contract whereby two persons or more are obliged to contribute to an economic project aimed to make profit, through providing a … 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