Articles posted by aviaanaadminlogin

Internal Auditor Avivaanaccounting

Internal audit is one independent consulting activity that has been designed to improve the organization’s performance. The process of internal auditing helps businesses in UAE to accomplish their predetermined objectives by setting up a systematic and disciplined approach to evaluate as well as improve the efficiency of the operations. This increases the effectiveness of a

read more
VAT on Options in UAE

As part of the UAE’s commitment as a member of the OECD Inclusive Framework and in response to an assessment of the UAE’s tax framework by the European Union Code of Conduct Group on Business Taxation, the UAE introduced a Resolution on the Economic Substance on 30 April 2019. The Regulations require UAE onshore and

read more

A Licensee meets the Economic Substance Test concerning a Relevant Activity in the following cases:- The business conducts Core Income-Generating Activity in the country. The enterprise is directed and managed in the State concerning that activity, provided the business’s board of directors meets in the country at an adequate frequency having regard to the amount

read more

In-Country Value (ICV) program was introduced by ADNOC for its suppliers. The program aims to boost ADNOC’s ICV contribution by focusing on local supplier selection, development of UAE Nationals, and the localisation of critical functionalities in the oil and gas industry. From 1 April 2018, all suppliers of goods or services for ADNOC are to

read more
Amendment of Tax Details in VAT UAE

IFRS is the abbreviation of International Financial Reporting Standards. They have set protocols for the rules and standards of accounting that are accepted internationally. These rules and standards need to be followed to write the business’s financial statement. International Financial Reporting Standards as issued by the International Accounting Standards Board (IASB) to make the financial

read more


Binary Tower, Marasi Drive,
Business Bay,
Dubai, UAE
Phone KSA: +966 58 264 5319
UAE: +971 567952590

Skip to toolbar