https://www.simplysolved.ae/accounting-vat/the-top-5-issues-outsourcing-your-accounting-will-solve/

Discover the Benefits of Outsourcing Accounting in Dubai https://www.simplysolved.ae/outsource-accounting-vat/

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In the United Arab Emirates (UAE), VAT is a consumption tax that is levied on most goods and services sold in the country. If your business is based in the UAE or you are planning to start a business in the UAE, you may need to register for VAT if your taxable supplies and imports exceed a certain threshold. https://www.simplysolved.ae/vat-registration-tax-grouping-2/

https://www.simplysolved.ae/vat-and-tax-blog/what-is-transfer-pricing-how-does-it-impact-my-uae-based-business/

UAE VAT Registration in 2022 – A Step-by-Step https://www.simplysolved.ae/vat-and-tax-blog/vat-registration-for-businesses-in-the-uae/

UAE Amendment of the UAE VAT Law https://www.simplysolved.ae/vat-and-tax-blog/uae-amendment-of-the-vat-decree-law/

Auditing Tips from the Top Audit Firms in Dubai Your business may be obliged to present audited financial accounts to external stakeholders. These can include Licensing Authorities or other external stakeholders. If you are new to the procedure, it can initially seem daunting. https://www.simplysolved.ae/auditing-blog/auditing-tips-from-the-top-audit-firms-in-dubai/

VAT Registration For Businesses In The UAE - SimplySolved As a UAE business or individual receiving commercial consideration, UAE VAT Registration is mandatory if your taxable supplies exceed AED375,000 in the next 30 days. https://www.simplysolved.ae/vat-and-tax-blog/vat-registration-for-businesses-in-the-uae/

Benefits of Using a Certified Tax Agency in the UAE To support the introduction of VAT Registration in the UAE, the FTA defined the role of Tax Agents to support businesses in fully complying with the Legislation. https://www.simplysolved.ae/vat-and-tax-blog/benefits-of-using-a-certified-tax-agency-in-the-uae/

UAE VAT Refunds - Improving Your Probability Of Success During the course of submitting your UAE VAT Returns, your business may be in a VAT Refund position which enables you to claim a refund from the Federal Tax Authority. https://www.simplysolved.ae/vat-and-tax-blog/vat-refunds-improving-your-probability-of-success/

UAE FTA Tax Audit - What Should You Expect? Your UAE VAT Returns form a legally binding statement of your UAE tax liabilities as a self-declared assessment, this means the preparation and accuracy are the responsibility of the taxable person. As the UAE VAT system settles in the UAE, FTA Tax Audits are likely to increase. In this blog, we discuss the key questions that better answer the key questions surrounding a UAE FTA Tax audit. https://www.simplysolved.ae/vat-and-tax-blog/fta-tax-audit-what-should-you-expect/

Avoid These Accounting Platform Implementation Mistakes Implementing an accounting platform implementation is the most effective way to simplify your accounting policies and procedures. A well-structured, functional system and planned implementation can streamline your processes with major improvements in reporting. https://www.simplysolved.ae/accounting-vat/avoid-these-accounting-platform-implementation-mistakes/

WooCommerce Integration to An ERP – Why This Makes a Difference For many companies seeking an online presence, WooCommerce Integration is an excellent option to embed online capabilities to your existing corporate website and get to market quickly. The use of templates and customisations enables every store to present its own user experience and branding. Underpinning this is an ecosystem of features and plug-ins to reduce the cost of setting up the store to quickly monetise the online presence. https://www.it.simplysolved.ae/software-blog/woocommerce-integration-to-an-erp/

The Top 5 Issues Outsourcing Your Accounting Will Solve Comprehensive financial reporting & financial management is essential for any business. As a small business, start-up, or entrepreneur, you may find challenges in managing your financial processes and reporting. Poor internal controls and reporting quality is a major risks for any business, especially as you rely on reporting to make decisions. Good quality information helps to make better decisions. https://www.simplysolved.ae/accounting-vat/the-top-5-issues-outsourcing-your-accounting-will-solve/

UAE Labour Law: Non-Compete Provisions Under the changes enacted in the New Labour Law in effect from 2nd February 2022, specific changes have been made to provisions governing non-compete restrictive covenants that protect employers’ business once an employee leaves the company. These protections are designed to offer employers some rights to prohibit harmful repercussions when an employee leaves the business such as breach of confidentiality and solicitation of business. Specifically, this subject, the provisions of the Federal Decree Law No. 33 of 2021 on the Regulation of Employment Relations (the 'Employment Law') and those of Cabinet Resolution No. 1 of 2022 Concerning the Executive Regulations of Federal Decree Law No. 33 of 2021 on the Regulation of Employment Relations (the 'Cabinet Resolution No. 1 of 2022) are applicable. Read More about UAE Labour Law https://www.hr.simplysolved.ae/hr-and-payroll-blogs/uae-labour-law-non-compete-provisions/

Shopify Integration to An ERP – Why This Makes a Difference For many companies seeking an online presence, Shopify provides an excellent option to create an attractive online and get to market quickly. The use of templates and minimal customisations enable every store to present its own user experience and branding. Underpinning is an ecosystem of features and plug-ins to reduce the cost of setting up the store to quickly monetise the online presence. This makes Shopify one of the most popular e-tailor platforms on the market. Every store is a journey of continuous development. Once the store is live and volumes begin to grow, there comes a point where success in a competitive market is dependent on many other factors. These include marketing a variety of available product lines, stock management, and return controls, pricing, logistics, responding to market trends, and speed of service among a few. In this blog, we discuss why an ERP such as Odoo or Zoho connected to your Shopify store makes sound business sense. https://www.it.simplysolved.ae/software-blog/shopify-integration-to-an-erp-why-this-makes-a-difference/

UAE Labour Law: Termination of Contract Changes enacted in the New UAE Labour Law in effect from 2nd February 2022 are the greatest overhaul of the legislation in the last 40 years. The legislation marks an update to provide clarity to the full lifecycle of the employee and employer relationship to create a competitive labour market to attract and retain talent in the UAE economy. A common question raised is how the Labour governs the termination of employment contracts for mainland companies, the provisions under the new UAE Labour Law Federal Decree-Law No. 33 of 2021 on the Regulation of Employment Relations apply. In this blog, we seek to answer the most common questions affecting employer and employee obligations Read More About UAE Labour Law https://www.hr.simplysolved.ae/hr-and-payroll-blogs/uae-labour-law-termination-of-contract/

2022 UAE Business VAT Refund Scheme From 1 March 2022, the window is open for qualifying non-United Arab Emirates (UAE) established businesses to submit applications under the business VAT refunds scheme. This window operates from 1st March 2022 ending 31st August 2022 and provides qualifying companies the opportunity to submit their Business VAT refund requests to the Federal Tax Authority (FTA) for the calendar year 2021. https://www.simplysolved.ae/vat-and-tax-blog/2022-uae-business-vat-refund-scheme-bulletin-filing-window-open/

Implementing Odoo Accounting to Meet UAE FTA Compliance Odoo accounting provides significant capabilities in managing a range of accounting operations in a more advanced manner than standard cloud-based accounting systems. These include multi-company support, automation of intercompany transactions, advanced reconciliation, budget management, and reporting. Therefore, as an all-in-one platform with this accounting functionality, Odoo offers a robust and cost-effective solution for enterprises. Since the introduction of VAT in 2018, demands on accounting systems to meet compliance obligations under the UAE Executive Regulations are specifically detailed under Requirements Document for Tax Accounting Software specification. Read More About Implementing Odoo Accounting https://www.it.simplysolved.ae/software-blog/implementing-odoo-accounting-to-meet-uae-fta-compliance/

Why Outsourcing HRM Operations Works - Top 5 Reasons It’s common for some organisations to overlook HRM operations especially when revenue-generating operations and other priorities consume management attention. Nevertheless, human capital is critical, and the success of the organization has been strongly linked to the performance of its human resources. A large body of empirical research, the US Bureau of Labour Statistics, has proven that an increased emphasis and investment in strong HR practices benefit the organisation through higher retention rates, better returns on employee costs, and employee satisfaction. These benefits deliver real impact to the top and bottom line of your company. Read More About Outsourcing HRM Operations Work https://www.hr.simplysolved.ae/hr-and-payroll-blogs/why-outsourcing-hrm-operations-works-top-5-reasons/

UAE Federal Corporate Tax – Public Consultation On 31 January 2022, the UAE Ministry of Finance (MoF) announced the introduction of The UAE Federal Corporate tax (CT). Under this announcement, corporate tax will be effective for financial years starting on or after 1 June 2023. The UAE CT will be applied across all the Emirates and to all business and commercial activities except for the extraction of natural resources. This will continue to be subject to Emirate-level taxation. https://www.simplysolved.ae/vat-and-tax-blog/uae-federal-corporate-tax-public-consultation/