Why Real Estate Companies need an AML (Anti-Money Laundering)?
Money laundering is a problem in many businesses, including real estate. This tutorial will explain the AML issues for the real estate business and why it is critical to implement these standards. You might be asking why real estate brokers are required to follow anti-money laundering guidelines. Isn’t it true that they’re not a bank? […]
UAE will implement a federal corporate tax beginning in June 2023
According to the Ministry of Finance, the UAE would impose a federal corporate tax on profits from firms beginning on or after June 1, 2023. Companies have to pay a basic statutory tax rate of 9%, which puts the UAE in a competitive position when compared to other financial centers and mature economies throughout the […]
Company Formation Rules & Updates In The UAE
Business Setup Services FundForth Solutions specializes in the formation of Free Zone Companies in the UAE. Besides the UAE free zone company formation, we can also set up offshore companies and onshore companies for those interested in the Dubai market. One of the best examples of a free zone in the UAE is Ras Al […]
What is Business Valuation? How to get it for your company in Dubai?
Business Valuation is a phenomenon to estimate the true value of the owner’s interest in the business in economic terms. The same is done by the financial participants to know the accurate price or value while they are willing to sell or purchase the business. Need For Business Valuation Several business tools are used to […]
Corporate Finance in the United Arab Emirates
On top of all, we work closely with our clients and maintain the confidentiality and secrecy of their sensitive information by securing them on a cloud-based server that is always password encrypted. Furthermore, we at Fundforth have created a reputation in the UAE market as we have focused only on building long term client relationships […]
In-house vs Outsource Accounting Services
Benefits of Outsourcing Accounting and Bookkeeping Services Briefly, it is very cost-effective as it saves a lot of cost besides saving time and many of our clients save up to 40% compared to the costs of hiring in-house staff to perform these functions. Moreover, it eliminates all the overheads including salaries, training costs, office space, […]
VAT Rules for SMI’s & Artists in the UAE
The Federal Tax Authority (‘FTA’) has published a bulletin highlighting VAT implications for Social Media Influencers (‘SMIs’) and Artists (performers, singers, dancers, stage artists, make-up artists, DJs, poets, songwriters etc.). The Key Points The Artists and SMIs based in the UAE will follow the general rule of tax at the appropriate rate of either 5% or 0% […]
Why Business Valuation is a need of Post-Crisis Time?
We know how much you value your Business. But have you ever assessed the true economic value or worth of your business? The need to determine the true economic value or worth of a Business or a Business unit should be one among the top priorities of Businesses today in the advent of a dynamic […]