EBS Chartered Accountant

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 ...

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...

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...

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...

Running and maintaining a business is not an easy task. Whether you are simply getting your new pursuit going or have long stretches of involvement in developing and laying out your organization, you realize how long it requires to ensure everything moves along as planned. When you add the complicated work processes that accompany Tax readiness and consistency to constant exertion spent tending to the center requirements of your organization, it can feel hectic. Tax specialists offer various administrations that simplify overseeing Tax worries, passing on additional opportunities to focus on your business. When you collaborate with ebs corporate for Corporate tax in UAE, you can rely on qualified and experienced Tax specialists who know how to deal with the intricate details of the tax collection framework. A sound, wisely created plan to address your little organization's expense commitments is a reliable way to the ideal outcomes. Sometimes you also need to have the option to le...

Today every business needs an accurate and well-crafted account management system to manage all business accounts efficiently and avoid any mistakes regarding the transaction. For various reasons, Zoho Book is the top and most trusted account management tool globally. It is an end-to-end automated system used for taking care of multiple financial processes from accounts payable to receivable, time tracking, payroll, transaction management, inventory control, and banking. So, the businesses can get an accurate result, have an overview of the financial situation and make a decision for steady business growth. Zoho Book comes with a plethora of features that can upgrade your accounts management procedure. However, one needs to have proper knowledge of this system to use the features appropriately and manage the accounts accurately. If you are planning to implement this advanced accounting software for efficient accounts management, you can pursue Zoho Book training in Dubai . Ebs is a r...