The Importance of Tracking Major Building Systems in a Fixed Asset Register What Are Major Building Systems? Major building systems are the critical subsystems within a building that ensure its
Financial Statement Focus: What UAE Property Owners Need to Track For building and property owners in the UAE, it is crucial to maintain accurate financial statements to ensure the efficient
1. VAT on Food and Drinks – Standard-rated at 5%: Most food and beverages sold by restaurants, whether consumed on-premises, takeaway, or delivery, are subject to VAT at the standard
Why Accrual is the Right Choice for Your Business When it comes to accounting, choosing the right method can significantly impact the way you understand your company’s financial health. Two
Corporate Tax in the UAE The corporate tax landscape in the UAE is evolving rapidly, reflecting the country’s commitment to aligning with international tax standards while supporting economic growth. As
