Accounting Services in Dubai | Cloud Accounting Services | Accountantsbox

  Cloud Accounts Outsourcing Services has all of the equal capability as computing device accounting, however movements the entire manner to the Cloud Accounting Services and expands upon it. There's no Cloud Accounts Outsourcing Services- you log in to an usually-updated online solution and all statistics is adequately stored on a cloud server Cloud based accounting software uae program is similar to conventional, on-premises, or self-installation accounting software, only the accounting software is hosted on remote servers, much like the SaaS (Software as a Service) commercial enterprise model. Data is sent into “the cloud,” wherein it's far processed and lower back to the consumer. We Offer services in Cloud Accounts Outsourcing Services and provide cost effective accounting, bookkeeping and VAT services in Dubai   Want to know why your business should use cloud accounting software ?  Find out about the benefits of the cloud accounting and how it can transform your busin

Best Accounting Services in Dubai Best Accounting Services in Dubai | Simple Tips for Cash Management In world, many techniques are practiced by businesses to limit the working money balance necessity.  We, being a listed name among the reputed   bookkeeping and accounting firms in Dubai , can offer you the best insights on this and they will be considerably significant to you. By implementing these essential techniques, you can optimally utilize your money. It should be noteworthy that we are the provider of one of the best accounting services in Dubai, offer a large array of services. In this respect, we offer outsourced accounting and bookkeeping services, UAE VAT registration online , VAT filing UAE, etc. Hereunder, we share some proven money-saving tips which will largely help you: Keep necessary cash for 6 months When you are building up your savings, you should always maintain an approximate cash worth six months which can be easily accessed in any difficult situation if needed.

ESR Impact on Business in UAE  ESR Impact on Business in UAE The introduction of ESR has dragged the attention of numerous companies which are in the investment business. It has become essential that the investment companies re-look their functioning and study their business in the light of this development. If you manage such a business, you can largely benefit from this article and therefore, we insist that you read this article. This article not only highlights and studies the ESR Impact on Business in UAE on different businesses engaged in investment activities but also has valuable hints for you. Firstly, let’s study the ESR Impact on Business in UAE  on Holding Company Businesses so that you can know if your business will be influenced by it. The ESR Impact on Business in UAE o n different businesses engaged in investment activities is explained here: Effect of Economic Substance Regulations on Holding Company Businesses Companies that are not into any other commercial activiti

Economic Substance Regulation Notification Form Significant Aspects About Eco nomic Substa nce Regulation Notification Form Businesses operating in UAE have to synchronize themselves with the ‘ Economic Substance Regulations ’. Let us first know what ESR is. What is Economic Substance Regulation (ESR) ? The purpose of ESR is to introduce transparent tax laws in such a manner that multinational companies can be stopped from avoiding and eroding taxes.  As per the provisions of ESR, certain legal entities are bound to report about their substantial economic activities in the said jurisdiction. Who should file the Economic Substance Regulation Notification Form? Economic Substance Regulations UAE (ESR) requires all licensees to file the ESR notification form with the concerned regulatory authorities. All such entities, which participate in the following activities or deliver the following services, should file the annual ESR for the reported period: Banking Insurance Investment fund mana

  What is Accounts Payable? Accounts payable appears on company’s balance sheet as a current liability and represents company’s current obligations to suppliers and service providers for good and services received by the business. It is a short-term debt which needs to be paid within a specific period of time. What is Accounts Payable Management ? Accounts payable management refers to the policies and procedures used by a company with respect to managing trade credit purchases. An organised accounts payable process ensures that all the invoices due are tracked and paid properly and there are no overdue charges or late fees to be paid for the dues. Accounts Payable Management Tips 1.  Standardise and simplify your accounts payable process a. I t is easy to simplify your accounts payable process by reducing your check runs and keeping all invoices ready before sending it for approval and signoff b.  Inform your accounts payable team of the cash disbursements limit (if any) so they can p

Economic Substance Regulation Notification Form As a recent development in the business world, businesses operating in UAE will soon have to synchronize themselves with the ‘ Economic Substance Regulations ’. So, if you are a company operating in UAE, you should know about the ESR. We, being an expert in this area, can help you in understanding ESR and you may take advantage of our services. We insist you to obtain appropriate help from us with regard to Your Economic Substance. But before that, it is good for you to read on this article. As is evident, UAE is a member of the Organization for Economic Co-operation and Development (OECD) Inclusive Framework. Recently, the Economic Substance Regulations UAE were introduced on BEPS (Base Erosion and Profit Shifting) after a thorough assessment. In this assessment, the European Union assessment team elaborately studied UAE’s tax reporting framework. Let us first know what the ESR or Economic Substance Regulation is. What is Economic Substa

VAT Return filing in uae   What is a  VAT Return ? VAT Return/Tax Return is a periodical statement which  summarises the value of the supplies and purchases made by a taxable person during the tax period and shows the taxable person’s VAT liability (difference between the output tax payable and the input tax recoverable) which is submitted to the FTA (Federal Tax Authority). VAT Return is required to be filed by the taxable individual or the individual  having the authority to submit VAT Return filing in uae on behalf of the taxable individual (i.e., Tax Agent) Purpose of Filing VAT Return filing in uae The major purposes of filing a VAT return are: Communication of tax information to FTA. Finalization of the tax liabilities, schedule tax payments/request refund for overpayment of taxes of the taxpayer within the stipulated period. Reduces the risk of tax evasion.   What is a TAX Period? Tax period is a specific period for which the taxable person shall calculate and pay tax.  The stan