Tax residency is an important concept for individuals and businesses that operate across multiple countries. It determines where an entity is considered to be a tax resident and therefore where they are liable to pay taxes. In the United Arab Emirates (UAE), a tax residency certificate (TRC) is issued by the Federal Tax Authority (FTA) … Read more
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 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
Hello there, this is Sudeshna, a “Business Visionary Coach” helping you to reach your goals and your true potential. We are almost at the end of 2021 and 2022 is knocking at the door. It is the right time to act, to set up your goal for 2022. Let’s aim for the sky, choose a … Read more
One of the biggest challenges for a business is managing cash flow in the business. If you ever face a cash flow shortage that means more money is flowing out of the business than flowing in to the business. Therefore, a business should be ready to take necessary steps to avoid any crisis that may … Read more
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
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
Let us have a look on women in management according to the researchers. In today’s world women tend to enter for the labour market and it is reported numerous benefits of being female. According to research, it has been argued that women in certain situations adopt appropriate behaviours and roles adapted to the context in … Read more
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
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
