Author - KWSME

August 2019

Why Businesses Need to Use Bookkeeping Services

Every business needs to account for the costs that it incurs and the revenue that it generates. Finance departments of businesses to the same thing. Experts of the field make sure the business does not go into the red zone and they send out alerts to higher management when something is about to go wrong so preventive and corrective measures can be taken.Sometimes businesses use external bookkeeping services. There are certain reasons behind this. Let’s look at some of [...]

How To Start Bookkeeping And Accounting Business In Dubai?

Business setup in Dubai has become extremely easy thanks to the improvement in government records and the way systems have been made to support the growth of business in the Emirates. Whether it is a manufacturing business or just a simple shop that you want to own and operate, every type of business has its own requirements which are easy to fulfill.The growth of business in the UAE has had an enormous impact on the environment of the UAE [...]

July 2019

How to request DMCC Visa Cancellation and their rules

The visa policy of the UAE is very open and investor-friendly. The policy has been made this way in order to attract foreign businessmen and investors to invest in the UAE and for business setup in Dubai to grow, a goal that the authorities in the UAE have worked towards for three decades now.In order to create a business hub in a region, it is not only important to develop infrastructure and create business-friendly laws and regulate the market [...]

Digital transformation to boost SMB businesses

Once upon a time the business as usual was good enough. Now, the old adage “if it isn’t broken don’t fix it” just doesn’t work anymore. Business as usual is no longer good enough. We are today perhaps living in some of the most transformational times in the history of mankind. Just about everything we see around us which earlier needs to be done and unconnected is today intelligent and viable. Science fiction has become science fact.A few years [...]

8 Steps Guide to Securing Cafeteria License in Dubai

With the UAE coffee shop market booming, there’s never been a better time to open your own coffee shop. According to the Business Registration and Licensing (BRL) sector in the Department of Economic Development, DED Dubai, two restaurants and one coffee shop open daily in Dubai. During the first three months of 2019 alone, nearly 500 outlets (operational restaurants and cafes) have been opened in the emirate.It’s no surprise that café culture is flourishing in the UAE. Firstly, coffee [...]

3 Simple steps to renew business license in dubai

One of the many ways in which the authorities in the UAE keep their regulatory hand high is through renewal requirement for business licenses. But the authorities have also provided ease for renewal of existing business licenses. Once you are done with company formation in Dubai, the business license needs to be renewed every year. You can get your business licenses renewed through business service providers, law firms and authorized service agents etc.How to obtain trade license in DubaiIn [...]

MEA region draws investment from international hospitality brands

As a result of business-friendly policies, there has been a rise in business activity and tourism in the UAE. The whole country has been made a business hub and cities like Dubai, Abu Dhabi and Sharjah attract millions of people every year. The revenue from the visitors is such that it has been used very efficiently in order to provide the best in-class services to travelers and visitors.From airlines, airports, with-in city transport and hospitality services, the UAE has [...]

Golden Card – A Dream Come True For Expats Living in The UAE

Golden card, a permanent residency for expats in the UAE is a reality.  Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday, 21st May 2019 announced it on twitter.“The permanent residency “Golden card” will be granted to exceptional talents and everyone who positively contributes to the success story of the UAE.  We want them to be permanent partners in our journey. Residents are an indispensable part of our country.”Hundreds [...]

UAE residents risk a fine for selling items Online

The government of UAE keeps a strict check on commercial activities that are being carried out in the UAE. Whether it is a multinational company or just a local start-up, firms have to follow rules and maintain compliance with regulation and failure to do so can result into the companies being censured and fined by their respective regulators.E-commerce is growing in the UAE just like in the rest of the world. Life is getting busier by the day and [...]

June 2019

Tax Audit in UAE – Know the procedure and how to be prepared for audit

In our previous articles we updated you on introduction of VAT in the UAE and how will the new tax rules affect your business. Now we will explain about tax audit in the UAE so that you get familiar with terminology and also keep up with the era of taxation in UAE.What is a tax audit?A tax audit in UAE is basically a government’s assessment of an organization about its responsibility as a taxable entity. This kind of audit [...]

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