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Showing posts from September, 2022

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...