Declaration Of Ultimate Beneficial Owner (UBO) in DMCC Countering fraud, money laundering and terrorist financing have become top priorities for regulators in recent years. Fraudulent parties use
All details business owners must know when disclosing ‘Ultimate Beneficial Owner’ details in DMCC In the past few years the number of reports featuring indications
The Benefits of an External Audit in the companies in the UAE Business owners often spend copious amounts of time managing their company’s financial information.
What is UAE’s ‘economic substance law’ and what are the latest changes made in the new ESR Law in the UAE? Clarity has been provided
Why Is Accounting Important in Business in the UAE? Unless you want IRS penalties and audits, you know you have to do it. Without it,
Expanding Scope Of Internal Audit: Moving From Compliance To Operational Excellence Internal auditors have traditionally been perceived as compliance people who help keep the business
Major Aspects of Technology In Shaping the Future of Accounting Accounting’s future is bright, with a projected 10% increase in accountant and auditor employment between
Major ESR Overhaul regarding ESR Filing Requirements and Deadlines in the UAE The requirement to file on the Ministry of Finance Portal In accordance with
The latest law in the UAE allows 100% foreign ownership of businesses The government of the United Arab Emirates announced that foreign investors can fully
Reporting Period for ESR The Regulations apply to financial years commencing on or from 1 January 2019. Entities that are within the scope of the
