Compliance

Ramadan Business Operations in the UAE Tax & Accounting

Ramadan is a month of reflection and peace. However, religious or cultural obligations must not hinder or compromise professional responsibilities. In the UAE, during the month of Ramadan, working hours are reduced, and hence, every business must follow the specified timings. Therefore, business functions, specifically the accounting and tax departments,…
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5 Accounting Mistakes SMEs Must Avoid

For a small or new business, some challenges go beyond operations. From compliance matters to accounting and record keeping, SMEs must prepare themselves for the changing business and regulatory environment. However, committing errors, whether knowingly or unknowingly, will result in non-compliance, cash shortages, poor decision-making, and so on. Therefore, it…
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