Business Behavior Hub

An offense will be charged by a person who, under Section 51(1) (a), does not get registered for value-added tax right according to section 12 of value-added tax. No matter whether the person is knowledgeable about the value-added tax liability or not, they will be penalized if they don’t get registered for VAT within the timeframe. The penalty for not registering for value-added tax within the timescale is AED 20,000. The fines and penalties will be no fewer than AED 500 and not more than 300% of the value of the tax on the transaction in question. Failure to keep the records Keeping the required documents and data is essential if you do not want to get penalized. The penalty for not following the data needed for value-added tax in Dubai is 10,000 United Arab Emirates Dirham for the first time. If the breach is repeated, AED 50,000 will be imposed as fine for each repeated offense. Additionally, if the records are not submitted in the Arabic language if the Authori...

Accounting is the Life Blood of Business: Accounting is the lifeblood for the stable operations of the business. Capital is essential, but when there is no precise system for maintaining check and balance. And to know how banking is going in and out of business, businesses cannot run efficiently. We need a healthy accounting system in business because only then companies can grow and flourish. Accounting is the backbone of the business world. If there were no accounting, the trading world would have been a disaster. Accounting was being created in answer to the growth and development of trade and commerce in medieval times, and it has been moving on since then. Research infers that it was Italy, where first accounting entries were done. 1494 was the first time the accounting business was published by a Venetian monk. Accounting is an ordered methodology that involves procedures for record-keeping and accounting has been around for as long as business and trade industr...

We provide the bookkeeping services consistent with the client’s demand. In this perspective, we tend to maintain the paperwork up-to-date to target the business with effective measures. This we created this process easier by splitting it into 3 processes: ·          We build our clients put all the work in the enveloped and by sending it to us we can clearly analyze all the situations for the better prediction. ·          We care of our client’s bookkeeping by addressing them to equip the main focus on their business. This skilled curriculum helped us to supply the efficient services. ·          At last, we'll offer the essential info that you would like most in terms of reports creating all things to be done on time. We look after our each and every customer and makes them move forward with the procedures and business solutions we of...