Boutiques are one of the most flourishing businesses in Dubai. It is a fashion hub, and people from Asian countries frequently visit them for shopping purposes. It would not be wrong to say that they earn handsome profits, which makes them VAT payable business. However, it is not easy to manage the tricky calculations and ensure justified tax payments to the government. The boutique businesses … Continue reading Why is VAT Consultancy Essential for Boutiques in Dubai?
The risks of fraudulent activities are sure to rise along with the growing corporate cultures. In recent years, with Dubai declared as a business hub, lots of cases of forgery and fraud are seen in organizations. Adding more to the troubles of the business owners in the UAE, the new implication of VAT laws is more to worsen the financial situation of the businesses. Owing … Continue reading How Can Independent Internal Auditors Reduce Fraud?