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Showing posts from February, 2025

What Are The Mandatory Compliance Requirements In UAE?

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  Before entering into UAE market for starting a business, it is must to know the mandatory compliance requirements by the financial regulatory compliance services in UAE . This blog has curated a list of regulatory compliance to be followed in the UAE market.   l   Taxation in UAE   The Federal Taxation Authority of UAE has introduced Value Added Tax as effective from 1 st Jan, 2018. It is a mandatory tax for the businesses whose annual taxable revenue is above AED 375,000 must register for Vat while those businesses whose annual taxable revenue is above AED 187,500 can opt for voluntary registration. VAT is applicable on sales, file periodic Vat returns with FTA and claim input Vat on expenses. Exemptions from the VAT include sectors of health care and education.     l   Registration and Licensing   The mainland companies must be registered with the department of Economic Development and the offshore companies must be registe...

Tips to Select the Best ERP Advisory Services in UAE

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ERP Consultants in UAE are responsible for the initial study, designing and implementing the Enterprise Resource Planning system for the successful running of the businesses. ERP advisory services in UAE define the system requirements, proposes the perfectly designed solutions that suits your business by helping in the software configuration ,train the employees and finally makes them the expertise user of the software. Here are some tips that will definitely help you to select the best advisory services in UAE:   l   Business Process Identification   For selecting the best ERP advisory services in UAE , you must identify your business process firstly. It is considered as a crucial step to ensure that the ERP system meets the requirements of your business. At this step it allows business to analyze workflows, pinpoint inefficiencies and also determines which ERP features are essential for the business.     l   Compliance with UAE Regulations...