How to have a Dubai Registered business in Low cost. Archives - Page 3 of 7 - Elevate Accounting & Auditing

How to have a Dubai Registered business in Low cost.

Benefits of Outsourcing Accounting and Bookkeeping Services in Dubai UAE

In the ever-evolving business landscape of Dubai, the role of accounting and bookkeeping services cannot be taken lightly anymore . These functions are not mere necessities for regulatory compliance but serve as the foundation for strategic decision-making and sustainable growth. For businesses without an in-house accounting team, the solution lies in outsourcing, and Elevate Accounting […]

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The Crucial Role of an AML Compliance Officer in a real estate agent or brokerage firm in UAE

Discovering and preventing money laundering in the real estate sector is a critical aspect of financial compliance in the UAE. As criminals exploit real estate for illicit money transactions, AML/CFT Regulations in UAE have expanded to include real estate agents and brokers as Designated Non-Financial Businesses and Professions (DNFBPs). In this comprehensive guide, we delve

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Update on Corporate Tax in the UAE: Significant Tax Developments for Free Zones

The recent issuance of Cabinet Decision No. 100 of 2023 by the Cabinet of Ministers, effective from 1 June 2023, marks a significant development in determining Qualifying Income for Qualifying Free Zone Persons under Federal Decree Law No. 47 of 2022 (referred to as ‘the CT Law’). This decision replaces the earlier Cabinet Decision No.

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Stock Audit in Dubai: Ensuring Accuracy, Compliance, and Efficiency

Stock audit is a critical financial process for businesses in Dubai, as well as around the world, aimed at maintaining the accuracy of inventory records and verifying the realizable value of a company’s assets. This Inventory Verification in UAE is essential for a multitude of reasons, including identifying slow-moving and obsolete stocks, avoiding unnecessary investments

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Due Diligence Services: The Role of a Top Audit Firm in Dubai, UAE

In the fast-paced world of business and finance, decisions can have far-reaching consequences. When it comes to mergers, acquisitions, or any significant financial transaction in Dubai, UAE, being well-informed is key. This is where the best audit firm in Dubai, UAE, like Elevate Accounting & Auditing, plays a vital role through its due diligence services.

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Who is Subject to UAE Corporate Tax? Understanding the Essentials

Corporate taxation is a crucial aspect of any country’s fiscal policy, shaping the economic landscape and ensuring sustainable development. In the United Arab Emirates (UAE), the Corporate Tax Law defines the parameters within which businesses, both domestic and foreign, are taxed. In this blog post, we will delve into the intricacies of UAE Corporate Tax,

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Business Setup in UAE Mainland : Key things to know before taking the first step

The United Arab Emirates (UAE) has long been a magnet for entrepreneurs and businesses seeking to establish themselves in a dynamic and prosperous environment. Among the various options available for business setup in the UAE, the Mainland stands out as the preferred choice for many. Why? Because it offers unparalleled flexibility in terms of employment,

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Understanding Anti-Money Laundering (AML) Penalties in the UAE

The United Arab Emirates (UAE) is recognized as an international hub for commercial activities, attracting businesses and professionals from around the world. However, this status as a global business center also brings with it the risk of financial fraud, money laundering, and terror financing. To safeguard its economy and financial system from these threats, the

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Forensic Audit Report in UAE: Ensuring Financial Transparency and Fraud Prevention with Top Audit Firms in Dubai

In the dynamic business landscape of the United Arab Emirates (UAE), the need for effective fraud prevention measures and financial transparency has become paramount. One crucial tool in combating financial fraud and irregularities is the forensic audit report. This comprehensive investigation and analysis of financial transactions, business operations, and accounting records play a vital role

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Navigating Corporate Tax Implications in the UAE: A Complete Guide

The UAE, known for its status as a prominent business hub and global financial center, has recently introduced a federal law decree in December 2022 to implement a corporate tax system. Previously, the region had been considered a tax haven for businesses, with minimal taxes imposed on profits and gains, except for those earned from

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