by Aysha Jinan Axobis, News posted 12 Jan, 2018
Soon after entering 2018, Saudi Arabia imposed 5% Value Added Tax (VAT) which has increased the cost of living. However, after considering the consequences Saudi Arabia has announced to increase the salaries and allowances of public sector employees and military personnel to....
by Aysha Jinan Axobis, News posted 14 December, 2017
Business organization and offices will find it difficult to manage their core business and their daily billing, accounting and inventory issues. In order to solve this and to compete in today’s market the softwares have set the pace. It will make everything easy and the organization can focus on their core business....
by Aysha Jinan Axobis, News posted 5 December, 2017
The new tax regime will make a drastic change in the economy of UAE and it will help to rebound the economy in every aspects. The few changes which will become ...
by Aysha Jinan Axobis, News posted 30 November, 2017
In order to reduce the dependence on oil and other hydrocarbon products as a source of revenue, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, signed the Executive Regulation for the Federal Decree-Law No. (8) of 2017 on Value Added Tax, VAT. This new regime ...
by Aysha Jinan Axobis, News posted 30 November, 2017
VAT implementation by the UAE government has put the business entities in dilemma that they have to make significant changes in the existing business operation and to adapt to this new tax policy. Almost every organization will have to do extra function for implementing the tax....