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Showing posts from February, 2021

Types Of Internal Audits | Vat Consultancy Services In Dubai

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Internal Audit helps in assisting a company to achieve its objective by bringing a systematic and very disciplined approach to appraise and advance the efficiency of risk management, helps in controlling and governance process and compliance with applicable laws and regulations of UAE. Best Auditors In Dubai can perform different types of internal audits   Some of the major areas of internal audits are as below: 1) Performance Audit: This type of audit is to check whether the company is fulfilling the measures which were laid down by the management in order to achieve the set goals and objectives of the company. 2) Regulatory Audit: This type of audit assesses whether the company is compliant with applicable laws, regulations, policies, and procedures of the UAE. Breakdown in compliance with some laws may result in heavy fines. 3) Operational Audit: This type of audit is conducted to measure the control mechanisms of the entire company for their overall competence and consi...

Freezone Company Formation | Best Auditors In Dubai

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Listed below is an idea of the cost of freezone company formation in Dubai .   Free Zone License Free zone license must be renewed every 3 years but again it depends on the free zone you select. Licenses range varies from trading, services and industrial and can cost around AED 10,000 to AED 50,000 per annum. Office Space Office space cost can vary from zone to zone you select. Each and every zone practices its own set of rules, regulations and the prices can differ vastly. The Approx cost is around AED 15,000 to AED 20,000 Registration with Free Zone A registration fee is charged against the registration of your company with the free zone authority. Depending on the type of company such as FZC or FZE and the free zone you select, the cost can vary. Approx cost is around AED 10,000 to AED 50,000 which is a one-time cost. Visa Process The visa cost is a one-fee which gives the applicant the legal status of the investor and the legitimacy of practicing business in the...

Business Setup Consultant | Accounting Services In Dubai

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The business startup has always been encouraged in Dubai and UAE. Dubai is starting to attract more and more business investors from all over the world since it first started to show its economic stability to the entire international market. Present market trends in Dubai and UAE offer plenty of opportunities for foreign investors who wants to tap into imports and export of commodities and taking advantage of the growing tourist traffic in Dubai for an unlimited number of potential clients and customers. Business Setup Consultants In Dubai helps you to get acquainted with the various facts which are associated with a business startup in Dubai so that one can avoid the problems which are mostly encountered while launching a profitable enterprise in the United Arab Emirates. Following are 5 Do’s in a business startup: 1. Select a local sponsor, a UAE national for a local business startup: A UAE national must be taken as a 51% partner who is called a local ‘sponsor’. A local company prov...

Auditors | Best Audit Firms In Dubai

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Accounting is not an easy process because it involves a number of things that need attention. Accounting helps companies in recording a number of transactions that have a monetary value. Once these transactions are recorded than a final audit is done by the registered auditing firms in Dubai these firms have a number of experts who are qualified in handling the financial transactions and doing the final audit of the firm. Auditors give a final touch of editing the financial transactions so that the company can publish its financial statement in the annual report.   These audits are also known as an official inspection of the financial statements of a firm which are done by an individual body called auditors. These audit firms help the company in creating the required image in the industry. This audit process includes the inspection of the books, documents, and vouchers of the company that has any financial transaction recorded in it. It is important for any company to choose t...