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Hire The Top Accounting & Auditing Firm In Dubai

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Your company in the United Arab Emirates (UAE) will succeed whether you're a one-person operation or the head of a start-up. If this happens, it could complicate matters when it comes to setting prices for other goods and services. More success ultimately leads to a larger workforce, higher profits, and more satisfied consumers. It could be a time-consuming and tiresome procedure to keep track of everything. Working with EBS , one of the top 10 accounting & auditing firms in the UAE , will simplify this process considerably. This renowned chartered accounting firm in Dubai offers internal audit services to assist businesses in better preparing for and responding to any threats they may face. This firm's team of seasoned auditors ensures objectivity in all of their assessments and generates high-quality reports for use by the company's upper management at all levels. The following are the prime reasons why you should hire this firm for its audit services in Dubai - ...

Manage Your Business Finances With The Most Renowned Chartered Accounting Firm In UAE

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Top companies in Dubai often hire chartered accountants to help them with their accounting and bookkeeping tasks. It would be wise for any company to assign these tasks to the EBS Accounting Firm , which employs some of the most renowned chartered accountants in the UAE . This accounting firm has worked with small and medium-sized businesses for more than 25 years. Through a network of business experts and chartered accountants in Dubai , they offer accounting and bookkeeping services. The following are some of the advantages of hiring this Dubai -based chartered accounting firm for your accounting and bookkeeping needs: The chartered accountants working for this firm in Dubai have extensive experience in a variety of industries and businesses. They offer reasonable pricing on a variety of accounting software packages to make sure that their customers get the most for their money. As a result, they can offer affordable, high-quality accounting services. This accounting firm uses a...

When to Hire A CFO Service in Dubai?

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One of the top issues that may prevent your business from growing the way you would like is its financial management. This is where the CFO service comes into the scenario. What is a CFO service? Companies outsource many functions in today’s economy. These outsourcing functions include accounting, payroll, IT, and marketing. However, many business owners don’t know they can even outsource their company’s finance functions. Outsourcing CFO services gives your businesses access to financial experts. These experts have a wealth of experiences committed to keeping up with best practices in the field. Thus any business can also get access to the expertise as required rather than committing to a full-time in-house resource. Why Do Companies Use Outsourced CFO Services? From start-ups to private equity-backed firms and all businesses in between, there are several scenarios where outsourcing CFO services in Dubai play a key role to address business owners' challenges. Circumstances that ...

Learn Things You Need to Know About Tax Returns in Dubai

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Dubai is known for its growing economy. So, when you are setting up a business, you can expect faster growth. But, operating a business in Dubai comes with some considerations. Tax return filing is one of those. Organizations must file an excise tax return that is a record of the excise paid during each tax period. During the tax return filing, the tax registrant needs to submit details of supplies and purchases to the Federal Tax Authority of UAE online through the FTA portal. On this portal, they will find an online tax return form in both English and Arabic provided by the Federal Tax Authority. How to File Tax Return in Dubai- Tax returns can be tricky for businesses when they are doing it manually. Moreover, manual returns are not acknowledged in Dubai. So, one needs to have an idea of the steps that need to be taken to successfully file the tax returns. Check the following points to have a better understanding- Firstly, create your e-services account on the FTA website. Login/S...

How Can You Complete VAT and Excise Tax Registration Successfully?

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Do you need expert assistance in VAT and Excise Tax registration? Then, you have to learn about Vat registration and why you need it. Vat registration is a process where businesses get registered with the Federal Tax Authority (FTA) to get acknowledgement. VAT registration is necessary for international businessmen to operate a business in any Emirate of UAE. The business owners need to consider the VAT registration, in case the value of your taxable supply exceeds a certain amount. As the UAE Government has fixed some conditions for foreign investors and businessmen, they need to apply for Excise Tax registration or VAT registration after meeting those conditions. However, when you hold a valid FTA-issued TRN (Tax Registration Number), you have the right to collect and remit tax in the UAE. Requirements for VAT Registration- Description of business activities Bank Account details Last 12-month turnover in AED Trade License of the company ID documents of the signatory, Emirati ID card...

Why Should You Use Zoho Accounting Software In The UAE?

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The need for accounting software is not unique to large corporations; it also applies to sole proprietors, small businesses, and startups. When searching for the appropriate accounting software company , it is important to keep both cost and ease of use in mind. If you are a business owner in the UAE and looking for top-notch accounting software   at an affordable price, you should look no further than Zoho Book . Depending on your needs, this cloud-based accounting software can generate reports for you on a daily, weekly, quarterly, or annual basis detailing all of your business's financial transactions, including cash inflows and outflows, invoices and bills, recorded expenses, and bank transaction monitoring and reconciliation. You should use this amazing accounting software for the following reasons- 1. Traditional accounting software requires installation on a computer or laptop so that you can access    all information and data from the same software, regardless o...

Learn Whether Your Business Needs VAT Registration in the UAE

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Vat registration is a process where an individual gets registered with the Federal Tax Authority (FTA) for getting acknowledgement for your business. If you are running a business in any Emirate of UAE, you need to consider the VAT registration when your taxable supplier exceeds a certain amount. When certain conditions fixed by the UAE Government are met, any individual or international businessmen can apply for Excise Tax registration or VAT registration. If you hold a valid FTA-issued, TRN (Tax Registration Number) , you will have the right to collect and remit tax in the UAE. Here we have explained who should consider VAT registration. Continue reading to learn more! Mandatory Vat Registration A Non-Resident must complete VAT registration in UAE mandatorily if he supplies commodities in UAE irrespective of the Turnover. In that case, the VAT registration will be mandatory only if there will be no one else holding the responsibility to pay VAT on his behalf against the supplies. Th...