The company’s financial statements normally contain the statement of income, the balance sheet, and the statement of cash flow. The statement of income summarises income, expenditures, and earnings for the reporting period. The balance sheet reports the assets, liabilities, and equity of the lenders, and the cash flow statement summarises the cash inflows and outflows.…
The UAE has one of the world’s largest and fastest-growing pool of entrepreneurs. At least 20,000 new businesses begin operations annually in Dubai alone. When a business community thrives at that rate, it is sure to require business support services such as legal consultancy. The strong connection between the UAE and the international market, alongside…
In recent decades, the UAE economy has experienced unprecedented growth. This economic boom in the UAE is due to the dynamic leadership that has established attractive policies that have drawn international investors to invest in the country. Both the Emirates-based male and female residents are either working or run their own company. The need for…
JAFZA, which was founded in 1985, is the oldest free zone in the UAE. Today, it is home to more than 8,600 firms from over 100 nations, including nearly 100 Fortune 500 organizations. JAFZA has seen an overwhelming rise in existing members in the past few years since its inception, enhancing its strategic position and…
Dubai Media City (DMC) has gradually evolved as a global media hub after its official launch in 2001, providing modern technologies and a friendly community for media-related businesses to operate in and out of Dubai. Dubai Media City (DMC), geographically located in Dubai at the crossroads of the Middle East, Africa, and South Asia, has…
Formerly known as Dubai World Central (DWC), the Dubai South Free Zone welcomes a wide variety of events, including specialized trade and logistics operations. The geographical position of the free zone is its main selling point, situated next to Al Maktoum International Airport, one of the world’s largest airports. It is linked directly to the…