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Top Reasons for Outsourcing Accounting in Dubai

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The importance of accounting and bookkeeping cannot be ignored if you are into business. Irrespective of your business type, you should have always keep your business accounts straight and clear. Most of the business owners choose Dubai as their business destination from where they can expand their business in the Middle East. Dubai is a hub of businesses that offer the right business and corporate platform for various small or startup businesses. There are many firms that provide Accounting and Bookkeeping services in UAE . Here is the list of advantages of outsourcing Accounting services for businesses in Dubai and the whole UAE:- Stay Focus on Your Business Outsourcing the Accounting Services in Dubai is beneficial as it will allow you to focus on your business and Services. Business is not just about the numbers, but it is the aspect that you cannot overlook your business. If you will choose to outsourcing accounting services then the accounting experts and prof...
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All you know about VAT Registration Service in UAE

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The introduction of Value Added Tax (VAT) in UAE, brings with it a lot of opportunities and challenges equally. It is one of the most complex and burdensome tax systems in which companies find difficult to cope with. A trained professional who can guide you on the Do’s and Don’ts of the system and who can act as a 3rd party between you and federal tax authority i.e more than mandatory. The Value-added Tax (VAT) in UAE will implement on 1st January 2018. The VAT will be introduced at a rate of 5% on goods and services with some limited exceptions including basic food items, healthcare, and education. VAT Registration service in UAE VAT Registration in UAE (United Arab Emirates) is compulsory for companies and individuals doing businesses in this Country, having an annual turnover of more than AED 375,000/-. The Value Added Tax (VAT) is an indirect tax added to goods and services provided by companies and individuals within the UAE. Registered companies and individuals will have t...
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Location: Al Quo'a - Abu Dhabi - United Arab Emirates
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Things to remember about VAT registration

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The Federal Decree Law No.8 of 2017 on VAT (Value Added Tax) stated by the Ministry of Finance summaries the possibilities of taxes within the country. According to the Federal Tax Authority, there are various conditions for the value-added tax (VAT) registration. FTA is the supportive organization of the business to be in compliance with the law, they have also ensured that there individuals (Tax Agents) who can help them with their concerns regarding the taxes and tax system. Refresher on VAT registration in UAE The UAE has implemented the tax system with Excise Tax first October 2017, followed by VAT (Value Added Tax) on 1 January 2018. Things You Should Know About VAT Registration in UAE          Businesses are not required to register if their supplies are Less than Dh375,000 Things to remember about VAT registration Business must register for VAT if their goods and supplies exceed Dh375,000 over previous 1 year,...
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