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New Law in UAE 2020

New UAE law to help people facing financial issues

By Alya | Business News, UAE TAX News, VAT/ TAX in UAE | No Comments

Last updated on November 25th, 2019 at 07:09 amUAE Formulated New Law To Help People Facing Financial Issues Debt-ridden individuals will be protected from criminal prosecution and instead offered support to repay debts within three years, according to a new UAE law. The UAE Cabinet approved a new Federal Law on Sunday to regulate cases […]

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Selling-Your-Business-uae-dubai

Searching for a Business Sale

By Alya | Business News, DMCC, DWC, JAFZA, Liquidation, SAIF | No Comments

Last updated on November 17th, 2019 at 06:35 amThere may come a time when you decide to sell whole or part of your business and the reasons behind your decision can vary. You want to retire or the next generation are not interested in going into the family business. You may even contemplate selling part […]

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Golden Visa in UAE

Who is eligible and how to apply for the UAE’s 10-year golden residency visa

By Alya | Accounting Services, Audit Services, Business News | No Comments

Golden Residency Visa in UAE Thousands of residents have been receiving their long-term residency visa, but how can you get one? The golden card is a long-term residency programme announced by Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, in May. Not long after its launch, more than 400 investors and businesspeople, including some of their […]

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FTA in Digital Tax Stamp inspections

FTA in Digital Tax Stamp inspections in UAE

By Alya | Accounting Services, Business News, UAE TAX News, VAT/ TAX in UAE | No Comments

Digital Tax Stamp Inspections in UAE by FTA New UAE campaign to raise awareness about Marking Tobacco and Tobacco Products Scheme The UAE Federal Tax Authority (FTA) has conducted two simultaneous awareness and inspection campaigns — to verify compliance with the Marking Tobacco and Tobacco Products Scheme. The move has come during the first month […]

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Auditing Firms in Dubai

Two prominent Emiratis join UAE Internal Auditors’ board

By Alya | Audit Services, Business News | No Comments

Last updated on October 31st, 2019 at 12:05 pm Internal Audit community helps growth of corporate governance and economic development . Internal audit is assuming greater importance in better corporate governance and growth of the private and public sector companies which directly boost economic development of the country, members of the UAE Internal Auditors’ Association […]

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Audit Fines

KPMG fined £5m over Co-operative Bank audit

By Alya | Business News | No Comments

Last updated on November 5th, 2019 at 09:16 amKPMG has been fined £5m and “severely reprimanded” after admitting misconduct in its 2009 audit of Co-operative Bank. The Financial Reporting Council (FRC) said KPMG’s bad auditing came in the wake of Co-operative Bank’s merger with building society Britannia. It said the firm’s deficiencies included “failures to […]

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