rbsauditing, Author at rbsauditing

ECONOMIC SUBSTANCE REGULATIONS

1. “Economic Substance Regulations”

On 30 April 2019, the UAE Cabinet issued the Cabinet of Ministers Resolution No.31 of 2019 (concerning economic substance regulations in the UAE, “the Regulations”), requiring all in-scope UAE entities (“Relevant Entities”) that carry on certain activities (“Relevant Activities”) to have demonstrable economic substance in the UAE from 30 April 2019.

PAY HEAVY DUES OR QUIT !!!!!!

The Federal Tax Authority (FTA) has shared a public clarification related to the below: Excise Tax obligations for stockpilers of sweetened drinks, electronic smoking devices and tools, or liquids used in such devices and tools, which are held for business purposes on the date Cabinet Decision No. 52 of 2019 on Excise Goods, Excise Tax Rates and the Methods of Calculating the Excise Price comes into effect i.e. 1 December 2019

ACCOUNTING SERVICES IN DUBAI YOU NEED TO KNOW ABOUT

Knowledge is power

In our days, knowledge is not only power, but it is also money. This is why we’re here to provide you with the best information that’s going to earn and save you money. Dubai is for companies what heaven is for people. Low taxes, great infrastructure, and all that jazz. If you haven’t checked the privileges that your business can be afforded there we suggest that you do so immediately. If you already know what we’re talking about, which you most likely do, let’s talk about accounting for a moment.

It’s crucial for any businessman that wants to succeed to have his accounts in order. It not only earns the business trust but it also helps solve problems and avoid the creation of problems in the future. This is why many businesses hire their own accounting department. But, if you’re not that into starting the long, hard and arduous process of recruitment you can delegate to others. This is what we’re suggesting. To be more precise, we’re suggesting the RBS group. A group of professional chartered accountants whose work is very well known and appreciated in the United Arab Emirates. They’ve worked with many national and international companies, so you won’t be getting only their accountant business but also- possibly- their networking. Two birds with one stone, that’s as good as it gets folks!

While we remain focused on Dubai (Because it’s awesome) they’re also very well known for their accounting services in Sharjah which as you may know is a significant part of the Dubai- Sharjah- Ajman metropolitan area. Let us expand on that. There are many businesses in said metropolitan area due to the creation of the “free-zones” by the U. A. E. government. Use RBS and be certain that not only you’ll be gaining trust by other companies (Which you may need to cooperate with) but that you’ll be able to trust them as well. A niche commonality like that cannot be ignored when conducting business.

Recap

It’s crucial that you maintain financial control of your own business. But you cannot do everything on your own so do what sets apart leaders from followers. Find talent and relegate. There’s nobody that you’ll find to be more suitable than RBS in accounting services in Dubai and Sharjah. They’ll take care of your payroll, help you recognize any issues and identify ways to grow. These kinds of services are vital. So go for it!

MONTHLY ACCOUNTING SERVICES IN DUBAI

Monthly accounting services in Dubai

To enhance your business and to make you a successful businessman, RBS Group in Dubai is offering its accounting services for 24/7. Since Dubai is offering multi monthly accounting services in Dubai to multi businesses, so we will mention some top-quality accounting services offered by RBS below.

Taxation service: This is the basic service provided by bookkeepers. When you are doing business in UAE, then the government imposes the tax on you. To anticipate the tax, the company needs Dubai experts. These Dubai experts are the bookkeepers, who have a broad knowledge of tax so he can help the company by making him/her familiar about the tax

Monthly bookkeeping services: These are also the basic services provided by Dubai bookkeepers regarding the business. The bookkeepers will keep track of your expenses records, supplies records, sales records, income records, output records, and all the descriptions related to these terms.

Account payable service: These services are the major part of each business, which is offered by Dubai banks. According to these services, you can open your bank account to receive, withdraw, and your payment.

Visa services: Dubai offers a visa service for an investor or partner service. It is one of the unique services offered by Dubai, and it is also a great service for those who want to start a business in Dubai. To enjoy that service, all you need to fulfill certain criteria to apply for a visa and submit a security deposit.

Pro services: These services are very useful for ones, who are new to Dubai and business. In this service, you will get to know everything regarding doing business in Dubai. For example, required documents for visa, VAT registration in Dubai, Criteria and documents required for getting the business license.

Set a business in Dubai: If you want to have an office at rent to start a business in Dubai, then you must need to get a business license. RBS Dubai will offer you an office at affordable rent so you can start a business in Dubai. There are a lot of companies which offer you to rent the office but it’s best to contact RBS Group.

For setting up your business properly and succeed in it, it’s best to consult RBS Group team which is made of professionals with many years of working experience. You’ll be satisfied no matter what do you want: to grow your business or to protect it.

TAXATION SERVICE

This is the basic service provided by bookkeepers. When you are doing business in UAE, then the government imposes the tax on you. To anticipate the tax, the company needs Dubai experts. These Dubai experts are the bookkeepers, who have a broad knowledge of tax so he can help the company by making him/her familiar about the tax.

MONTHLY BOOKKEEPING SERVICES

These are also the basic services provided by Dubai bookkeepers regarding the business. The bookkeepers will keep track of your expenses records, supplies records, sales records, income records, output records, and all the descriptions related to these terms.

ACCOUNT PAYABLE SERVICE

These services are the major part of each business, which is offered by Dubai banks. According to these services, you can open your bank account to receive, withdraw, and your payment

VISA SERVICES

Dubai offers a visa service for an investor or partner service. It is one of the unique services offered by Dubai, and it is also a great service for those who want to start a business in Dubai. To enjoy that service, all you need to fulfill certain criteria to apply for a visa and submit a security deposit.

Pro services

These services are very useful for ones, who are new to Dubai and business. In this service, you will get to know everything regarding doing business in Dubai. For example, required documents for visa, VAT tax, Criteria and documents required for getting the business license.

SET A BUSINESS IN DUBAI

If you want to have an office at rent to start a business in Dubai, then you must need to get a business license. RBS Dubai will offer you an office at affordable rent so you can start a business in Dubai. There are a lot of companies which offer you to rent the office but it’s best to contact RBS Group.

For setting up your business properly and succeed in it, it’s best to consult RBS Group team which is made of professionals with many years of working experience. You’ll be satisfied no matter what do you want: to grow your business or to protect it.