Auditors in UAE

Not all the business can fully succeed in the vibrant and competitive niche market in UAE. When a business has failed to predict the market trends, it enters into liquidation phase and then alas it could announce itself bankrupt. That is why businesses want the help of liquidation services to play their part. Company liquidation in Dubai is a very tiresome and lengthy process. A company closing process in UAE is time-consuming and of course a complicated process. Nevertheless, with the help of experienced liquidators in UAE , one can easily complete all the legal procedures and liquidation process. When the company have not enough fund or profit to continue their daily tasks and operations undergo liquidation stage. Sometimes liquidation of the company occurs when a firm commits a serious offence or a crime like fraud activities and violation of rules and regulations.   What Makes The Company Liquidation Necessary? When company debts surpass the value of total assets....

Investigative Auditing is one of the major segments in auditing dealing with the identification, prevention, tracking, and quantification of fraud, misuse and mishandling of fiscal and operational activity. It uses a range of methodologies to test the existence of financial irregularities, suspected discrepancies in operations or illegal uses of funds or other firm's resources. The investigative auditor does investigative auditing. The functions of the investigative auditor are: Examining the organization’s financial processes. Surveying exposure to fraud and embezzlement. Confirming identification of the discrepancy & check whether it is a mistake or real fraud. Analyzing how the fraud was carried out. Quantifying the loss caused to the business as a result of the fraud. Examining organizational processes to prevent future errors. Based on the findings of the investigation submit opinions. Investigative auditing is suitable for local authorities, business entitie...

Setting up a business in Dubai can be worrying without mentioning the bulky paper works and requirements along with it. For all businessperson, time matters, running behind those difficulty procedures to complete the paper works, this is where PRO services come into the picture.  PRO services in Dubai help you over the whole cycle of formalities so that you get a glitch-free business. They are sure to help in helping you through the departments such as Department of Economic Development (DED), Visa and Immigration Department, Ministry of Labor and other government bodies, Chamber of Commerce and Industry and other public departments.   To provide PRO services in Dubai , it is essential for professional experts in having good experience of handling the complete cycle of every process and formalities of a business. An experienced Pro is required to guide you properly to complete all the paperwork formality successfully. We at ARC Associates help business entrepreneurs to...

A VAT is an indirect tax charged on the final consumer for the consumption of goods and services being chosen by them.   Most of the nations have understood and implemented it at a very fast speed. Out of those nations, UAE is the nation that has recently implemented the VAT process in its national pitch.   VAT systems in the UAE not only affect the end-user, buyers and consumers but also have a broader impact on commercial institutions and businesses in the UAE.   So let’s have a look at the impact of VAT on the business entities in the UAE. New Revenue Stream to the UAE Government - The new tax system allows an infusion of working capital in the economy and so boosts the stability of the economy. It overall improves the Gross Domestic Product that in itself is a sign of a healthy and developing economy. Improved Infrastructure - Impact of VAT on the business entities not only increase the revenue stream of the government but also enhance the infrastructure of t...