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External Audit Process in UAE: Step-by-Step Guide for Businesses

External Audit Process in UAE: Step-by-Step Guide for Businesses

External Audit Process

External auditing is a key requirement in the UAE, especially for businesses operated as LLCs either in the mainland or in a Free Zone. The process ensures compliance with UAE laws, promotes financial transparency within the organization, and enhances credibility with its regulators, banks and investors. The article explains the different stages of external audit … Read more

What is the Most Common Reason that a Trademark Might be Rejected?

What is the Most Common Reason that a Trademark Might be Rejected

The most common reason for trademark rejection is the likelihood of confusion. It is an important concept in trademark law. The trademark law protects consumers from confusion. At the same time, it protects existing trademark owners. Consult a Trademark Expert What is the Likelihood of Confusion? The issue of “likelihood of confusion” arises when your … Read more

How to Check Free Zone Labour Contract

How to Check Free Zone Labour Contract

Visit your zone’s official portal, such as DDA, DMCC, or ADGM, to check your Free Zone labour contract in the UAE. Log in using your visa or passport number. On the other hand, contact your HR department for access. Make sure your contract has accurate job details and complies with UAE Labour Law. What is … Read more

How Resident Persons in the Context of Tax Groups?

How Resident Persons in the Context of Tax Groups in UAE

Under the UAE Corporate Tax Law, a resident person refers to any individual or entity that meets the residency criteria stipulated therein. This article provides an in-depth analysis of Article 3 of the UAE Corporate Tax Law, which outlines the requirements for residency, with a particular focus on the parent company and its subsidiaries. Article … Read more

Auditing Cash Flow and Accounts receivable in UAE

Auditing Cash Flow and Accounts receivable in UAE

Auditing your cash flow and accounts receivable is an essential step in maintaining the financial health and compliance of your business with UAE laws. As the UAE moves towards greater financial transparency and stricter regulations, particularly with regard to financial reporting rules and anti-money laundering regulations, it becomes increasingly important to have an excellent audit … Read more