Economic Substance Regulations in UAE

All About Economic Substance Regulations in UAE Economic Substance Regulations in UAE (ESR) is one of the major steps taken by the country to meet global tax standards. The rules came as part of the UAEās commitment to the OECD Inclusive Framework on Base Erosion and Profit Shifting (BEPS). Earlier, the European Union placed UAE […]
Accountant for Small Business Owner š„ | MAK

How a Professional Accountant Can Help Small Business Owner? Accountant for small business owner is not just a financial helper but a trusted partner for growth. Starting a small business is exciting, but it brings responsibilities that can overwhelm owners. Many entrepreneurs focus on core activities while ignoring finance. This mistake leads to unrecorded expenses, […]
Manage Business Finance in Tough Times MAK

Tips to Manage Business Finance in Tough Economic Conditions Manage business finance in tough economic conditions is a key challenge for SMEs and large enterprises in the UAE. Every business owner knows the market runs through cycles of boom and bust. During times of crisis, like the pandemic, companies must adjust strategies to survive and […]
Bookkeeping & Accountancy Practices SMEs MAK

Key Bookkeeping and Accountancy Practices for SMEs Bookkeeping and accountancy practices for SMEs play a vital role in keeping small businesses financially stable. In Dubai, many SMEs struggle with proper record-keeping because they mix personal and business finance or fail to update accounting methods. Mubarak Al Ketbi (MAK) Auditing highlights that consistent bookkeeping practices help […]
Accounting Software Mistakes UAE MAK Auditing

Mistakes to Avoid While Choosing an Accounting Software for Your Business Accounting software mistakes UAE often lead to poor financial control and lost opportunities. Many companies in Dubai still struggle with software that doesnāt match their needs. Accounting software is more than a tool; itās the backbone of financial transparency and growth. Choosing the right […]
VAT Compliance UAE MAK Auditing

How to Make Sure Your Business is 100% Compliant with UAE VAT Law VAT compliance UAE is one of the most important responsibilities for every business registered in the United Arab Emirates. If a company isnāt compliant with VAT laws, it risks heavy penalties, interest charges, and reputational loss. Value Added Tax (VAT) is an […]
Choosing an Auditor for Business MAK Auditing

Six Major Factors to Consider While Choosing an Auditor for Your Business Choosing an auditor for business is one of the most important decisions for any company in Dubai or UAE. An auditor plays a key role in financial transparency, credibility, and compliance with UAE laws. Before making a choice, you may think about trust, […]
Internal Audit Value to Business MAK Auditing

Ways in Which Internal Audit Will Give Added Value to the Business Internal audit value to business is one of the most important factors for growth in UAE companies. Internal auditing checks business operations, governance, risk management, and control systems. It makes sure that accounting records are reliable, risks are minimized, and fraud is prevented. […]
Financial Restructuring in UAE š„ | MAK Auditing

Why Your Business Needs Financial Restructuring? Financial restructuring in UAE is an important step when companies face challenges due to market changes. Many firms see unexpected issues that affect stability. Hoping these problems solve themselves only makes the situation worse. The best solution is restructuring because it restores balance and strengthens financial health. This process […]
Financial Restructuring in UAE MAK Auditing

Introduction to Financial Restructuring in UAE Financial restructuring in UAE is the process where a company reorganizes its debts, costs, and resources to improve stability and growth. Businesses in Dubai and across the Emirates often face sudden challenges due to economic shifts. When such issues appear, ignoring them can harm the companyās future. Instead, restructuring […]