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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...

Cloud Accounting Services Basics: What It Is & Reasons to Use  Cloud Accounting Services and usage of cloud software have been around for a while now. We have been using cloud systems in some or the other manner. Emails are one of the prominent ones amongst them. Accounting also like many other office functions have moved to cloud and it is getting better each day. Let us point down few obvious and few not so obvious benefits of doing cloud based accounting. Cloud Accounting Services Cloud-Based Accounting Services: Cloud accounting is a new way of accessing your accounting software from the web browser without actually installing it. Also referred as online accounting . Cloud accounting is an online accounting software hosted on a remote server that can be used for cloud accounting for small business. What is Cloud Accounting Services and How It Can Help You Grow? 1.   Accessible from anywhere and everywhere The best and foremost advance is that accounting can ...