Introduction to Auditing in Partnerships Auditing resolves partnership concerns in UAE by providing transparency and trust among partners. Disputes between partners are common, and many firms face financial risks due to disagreements. To prevent these issues, audits are included in most partnership deeds today. A proper audit gives each partner a clear picture of accounts, […]

Introduction to Vendor Due Diligence in UAE Vendor due diligence in UAE is an important process that helps buyers and investors make informed decisions. It’s similar to customer due diligence, but in this case, the seller prepares a detailed report to give transparency to the buyer. This process ensures that financial health, compliance records, and […]

🥇 Profit Margin Scheme under VAT in UAE Explained Introduction to Profit Margin Scheme Profit margin scheme under VAT in UAE is a special way to calculate tax. Instead of charging VAT on the full sales price, VAT is applied only on the profit earned. This method prevents double taxation on second-hand goods, antiques, collectibles, […]

Introduction to Financial Statements in UAE Financial statements in UAE are the backbone of every business. These reports show the company’s true financial health and performance. They help managers, investors, creditors, and analysts understand past performance, current position, and expected future growth. When prepared correctly, statements provide accurate benchmarks, guide strategy, and ensure compliance with […]

Introduction to Accounting Software for SMEs Accounting software for SMEs in UAE has become a game-changer for modern businesses. It helps manage financial data, track income, and prepare reports that improve decision-making. With automation, SMEs save both time and cost, while ensuring accuracy in every transaction. In today’s competitive market, entrepreneurs in UAE realize that […]

Introduction to Books of Accounts in UAE Books of accounts in UAE are not only legal requirements but also vital for business growth. Businesses must keep accurate financial records for a minimum of 5 years in compliance with Federal Law No. 2 of 2015 and the UAE VAT Law. The records include invoices, ledgers, purchase […]

Bookkeeping for Freelancers in Dubai – Why It Matters Bookkeeping for freelancers in Dubai gives independent workers a strong financial base. Freelancers face challenges with invoices, taxes, and compliance. Without proper bookkeeping, they lose time and money. They also risk penalties from the FTA. Mubarak Al Ketbi (MAK) Auditing provides bookkeeping services for freelancers in […]

Payroll Accounting Dubai – Why It’s Important Payroll accounting Dubai gives companies a reliable way to manage staff salaries and tax obligations. Every business must keep proper records of salaries, deductions, and benefits. If errors happen, companies face penalties and staff lose trust. Proper payroll accounting also ensures compliance with UAE labor and VAT laws. […]

Payroll Bookkeeping Dubai – Why It’s Important Payroll bookkeeping Dubai gives companies in the UAE an organized way to manage salaries and taxes. Every business must keep records of payments, deductions, and benefits. When records are wrong, it creates legal issues and penalties. Proper payroll bookkeeping also improves employee trust and business reputation. Mubarak Al […]

Accounting for Startups Dubai – Why It Matters Accounting for startups Dubai helps new companies manage their money in the right way. Many startups face problems with taxes, payroll, and record keeping. Without proper accounts, banks don’t give loans and investors don’t trust the numbers. FTA can also impose penalties when records are wrong. Mubarak […]

Bookkeeping for Startups Dubai – Why It’s Important Bookkeeping for startups Dubai gives new businesses the right financial base. Many startups face issues with records, payroll, and VAT compliance. Without clear records, investors and banks don’t trust the numbers. Accounting errors also lead to penalties from FTA. Mubarak Al Ketbi (MAK) Auditing provides expert bookkeeping […]