All Businesses Establishments and Taxable entities who have registered for VAT in UAE has to maintain proper books of accounts by recording their day to day business transactions in order to track the result of their operations. As VAT is implemented in UAE from 1st January 2018 there is no change that you can escape…

The Cabinet of the United Arab Emirates (UAE) has now decided to give 100% Foreign Ownership for 122 economic activities in 13 sectors. The 13 sectors play a key role in the UAE economy. The decision is aimed at boosting growth and investment of the economy. The UAE last year approved a Foreign Investment Law…

As per Article 67 of the UAE VAT Law, a taxable person shall issue a Tax Invoice within 14 days of the Date of Supply. Some of the taxable persons are under the impression that they can always make the tax invoice after 14 days from the date of delivery of goods or from the…

Cheapest Free Zones in the UAE

Emirates Chartered Accountants Group is one of the leading business consultancy firms in the UAE. We have been serving with Company Set Up Services in the UAE since a span of 14 years with happy customers availing our services. UAE Free Zones offers entrepreneurs and business enthusiast with a wide range of benefits and varied…

Role of Finance Manager in An Organization Financial management is the managerial activity which is concerned with planning and controlling of firm’s financial resources. In other words, it is concerned with acquiring, financing and managing assets to accomplish the overall goal of a business enterprise, mainly to maximize the shareholder’s wealth.Some experts have mentioned financial…

Accounting in Business Accounting is often termed as the language of businesses. Accounting in business plays a vital role as it provides so much information about the company which helps to evaluate the company’s financial performance. The role of accounting in business is to help the stakeholders make better business decisions by providing them with…

Introduction to Investors Visa in UAE The application for long term residency visa in the United Arab Emirates (UAE) took its course of action from the beginning of May 2019.  This initiative has been progressed by the UAE government during the year of tolerance to make UAE as a destination of talents and to make…

Company Liquidation in UAE Below are the 7 steps involved in the process of liquidation of Companies in Dubai Development Authority(DDA), previously known as Dubai Creative Clusters Authority (DCCA) The Company should submit a notice to the DDA free zone authority mentioning, the reason behind the closure of the entity, and one month prior to the liquidation….

The Federal Tax Authority (FTA) has recently issued a user guide for refund on Vat Paid for Goods and Services Connected with Dubai Expo 2020. The issuance is at par with the Cabinet Decision No. 1 of 2019 on the ‘Refund of Value Added Tax Paid on Goods and Services Connected with Expo 2020 Dubai’….

Gratuity calculation in UAE

Gratuity calculation in UAE Gratuity calculation in UAE, as per UAE labor Law an employee who completed one or more years of continuous service shall be entitled to get the End of service benefits. 21 calendar days’ basic salary for each year of the first five years of service. 30 calendar days’ basic salary for…

Terms & Condition | Privacy Statement

© 2019 Emirates Chartered Accountants Group | Web Design | Alwafaa Group

STAY CONNECTED:  

Close x

Show Buttons
Hide Buttons