With the UAE heading toward digitization, e-invoicing will be mandatory for all types of VAT-registered and unregistered businesses by July 2026. Business-to-business (B2B) and business-to-government (B2G) transactions fall within its ambit. The UAE’s Ministry of Finance (MoF) initiated e-invoicing in the UAE. The MoF will implement the system for e-invoicing along with the Federal Tax … Read more
Trade license cancellation in Sharjah is one of the major processes taken up by business owners to shut down an operation for any reason. Whether it be because of changes in market dynamics, adaptation of a change in business focus, or completion of a project, the cancellation of a trade license should be done according … Read more
In the case of closing down a business in Abu Dhabi, some proper procedures and steps need to be followed. An Abu Dhabi trade license cancellation allows for a seamless process of shutdown. Rightfully performing the cancellation of a trade license minimizes the possibility of future liabilities and helps in compliance with the law as … Read more
Human Resource Planning (HRP) is the process of identifying a company’s human resources requirements to effectively manage its human capital. The main purpose of HRP is to have the right employees with the right skills in an organization to fulfill the objectives of the business. This article will cover what HRP stands for, the steps … Read more
To encourage industry in the UAE, the Ministry of Industry and Advanced Technology (MoIAT) was founded in 2020. The organization of the Ministry of Industry and Advanced Technology now includes the 2001-founded Emirates Authority for Standardization and Metrology (ESMA). The Emirates Authority for Standardisation and Metrology (ESMA) must approve your items if you intend to … Read more
Human Resource Management (HR) plays a strategic role in organizations worldwide because it is primarily in charge of managing an organization’s workforce and human capital. HRMS stands for Human Resource Management System which is a software application to help the HR department in the organization to manage its tasks. In this article, you will learn … Read more
