Dubai is known as a globally recognized business center that values accuracy and transparency in financial records. For businesses to succeed here, it is important to work with the top audit firms in Dubai. This ensures accurate financial records and builds trust with confidence among shareholders. According to the UAE Commercial Companies Law (Federal Law … Read more
UAE businesses can change their names at their discretion. However, the name change for a company has to be done as per procedures and regulations stated in the UAE Companies Law In UAE, the law prescribes that name changes are to be approved by all stakeholders with the approval of relevant authorities. Usually, businesses go … Read more
A trade license is one of the most important requirements for business in Dubai. Getting a business license renewed involves a lot of documents being processed. Also, renewing a business trade license could be a long process if you are unfamiliar with it. Delay in filing a trade license renewal levies a penalty, or worse, … Read more
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