EBS Chartered Accountant

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...

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...