VAT Implementation in UAE : Top 3 FAQs
With only half a year left before the implementation of the 5% VAT in UAE (value added tax) roll out, a lot of questions about its regulation are still hanging in the air. We compiled the top three frequently asked questions and try to answer some of it. Will the cost...
Countdown to VAT: What is its Impact on Your Business?
Value Added Tax (VAT) – A tax on transaction; the concept is quite simple in theory, yet from a business perspective, the changes that the tax entails are often huge. It is a fact that the introduction of VAT system in the UAE will not just affect the end-consumers,...
A tailored approach to risk management processes and architecture
Risk management processes are a section of general business procedures. Procedures are utilized to oversee and screen the regularly changing risk situations. The risk management process architecture is the outline of procedures, including their segments of sources of...