Common Errors in VAT Return Filing in UAE
Introduction Every firm in the UAE must follow the VAT law. The government introduced Value Added Tax (VAT) on January 1st, 2018. This new rule requires all businesses to file their tax returns with the Federal Tax Authority (FTA). Companies must be careful with VAT returns because one small mistake may lead to big fines […]
Audit Accounting & Skills Required in Dubai
Introduction Every business needs to keep track of its money and activities. People must know that accounting and auditing play big roles in each firm. Sometimes, a business faces a problem with its records. In these cases, a firm needs to dig deeper into documents and numbers. This job is done by an audit accountant. […]
MLRO Report Contents & AML Compliance in UAE
Introduction Every company in the UAE must follow the anti-money laundering (AML) laws. Each firm must prepare an MLRO report. The MLRO stands for Money Laundering Reporting Officer. The UAE government wants businesses to stop money laundering and financial terrorism. The MLRO report helps UAE regulators see if the companies comply with rules. The law […]
Accounting System Analysis & Business Growth Dubai
Introduction Every business must keep records with an accounting system. A good accounting system keeps every transaction safe in the books. Every firm uses bookkeeping because it forms the core of business operations. But, sometimes the system needs to be checked. Firms must review their systems from time to time. This step helps ensure that […]
Internal Audit Structure for Your Firm UAE
Introduction to Internal Audit for Business Every business owner wants their company to succeed. The success of any firm depends on both internal and external factors. You can control many internal factors if you set up the right systems. When you analyze your activities, check your payroll system, and look after your workers, you build […]
AML Training Program for Employees UAE
Introduction: Why AML Training Matters in the UAE Every business in the UAE faces growing risks from money laundering and financial crimes. Firms must follow strict rules to fight these crimes. You should give your employees proper Anti-Money Laundering (AML) training. If you don’t, your business can face penalties, losses, or even criminal charges. When […]
Types of Accounting Practices in UAE
Introduction to Accounting Practices in the UAE Every business needs to keep its books. Accounting acts as a backbone for every firm in the UAE, no matter its size or industry. When you look at accounting, you see a clear picture of your business’s health. Accounting helps you get ready for future growth and unexpected […]
Types of Accounting Practices in UAE
Understanding Accounting in the UAE Every business must keep records for all money matters. Accounting stands as an important part of every business. It helps owners know the actual position of the business. If you own a business in the UAE, you must follow different types of accounting practices. Accounting is like a mirror for […]
How to Build a Strong Internal Audit Structure for Your Firm
Internal Audit Structure for Business Success Every business needs a strong internal audit structure. When a company checks its own activities, it can control internal problems better. Internal factors affect things like the payroll system, the work in every department, and the well-being of the staff. Mubarak Al Ketbi (MAK) Auditing helps companies set up […]
How To Change VAT Registration in UAE | Step-by-Step Guide 🥇
Understanding VAT Registration in UAE VAT started in the UAE on January 1, 2018. Every business that earns more than AED 375,000 each year must register for VAT with the government. Mubarak Al Ketbi (MAK) Auditing always helps people with registration in Dubai and all over the UAE. Sometimes, you need to change details in […]
