Navigating the intricate landscape of global payroll demands a comprehensive grasp of fundamental terms and principles. Whether you’re a payroll professional or involved in finance, procurement, or IT, acquainting yourself with the lexicon of global payroll operations is indispensable. This article aims to provide an overview of some prevalent key terms utilized in the domain … Read more
The UAE business regulations require all types of businesses either small or large to keep their accounting books of record for minimum past six years which also includes payroll accounting records. Payroll accounting involves many tasks including the calculation and dispensation of wages along with keeping a record of the whole process. It also involves … Read more
The United Arab Emirates operates as an international business center that caters to multinational and developing companies as well as international firms. Organizations developing their businesses need to handle payroll operations together with other internal processes, that can become harder to handle. This paper investigates payroll outsourcing under UAE labor law by studying the FAR … Read more
Dubai is a fast-growing city. It offers numerous opportunities for businesses to thrive. Sometimes, companies may need to cancel their trade licenses for various reasons. If you are in the process of restructuring, relocating, or even shutting down your business, it is essential to understand the steps involved in canceling your trade license in Dubai. … Read more
To start a business in Dubai, there is a need to acquire a business license. Two of the most common types of licenses issued for businesses in the emirate are professional and commercial licenses. In this article, We will explore the differences between these two. What is a Professional License in Dubai? A professional license … Read more
Auditing plays a crucial role of checking and verifying accounts of companies to ensure compliance with the accounting and financial reporting standards. The Audit Requirements in UAE differs depending on whether the company is operating in the mainland or in any free zone. This article will explain each and every aspect of audit requirements for … Read more