financial state

Financial Services UAE VAT Exemption

In Art. 42 of the Regulations, financial services for the purpose of the exemption are defined as follows: a. The exchange of currency, whether effected by the exchange of banknotes or coins, by crediting

Healthcare. UAE VAT Zero Rated Supplies

the vat treatment of this category falls amongst the categories left at the Discretion of the MEMBER STATES, THE AUTHORITY treats healthcare services as VAT Zero-rated provided certain conditions are

Advantage of Financial Reporting

There are several benefits of creating a financial report for a firm. We can list them as follows: It improves the debt management of a firm. It helps in managing

Benefits of Financial Accounting

Following are some of the advantages related to financial accounting 1. Systematic maintenance of Business Records Companies need to keep a record of all transactions incurred for business purposes. Proper books