Category: Corporate Finance
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How do companies in UAE make impact assessment for corporate tax?
Corporate tax is a form of direct tax levied on the net income or profit of corporations and other entities from their business. On 31 January 2022, the Ministry of Finance announced that the United Arab Emirates (UAE) will introduce a federal corporate tax (CT) on business profits that will be effective for financial years…
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Corporate Tax in UAE: What You Need to Know
The United Arab Emirates (UAE) is a popular destination for businesses and investors, thanks to its strategic location, diversified economy, stable political system, and attractive tax regime. However, the tax landscape of the UAE is about to change with the introduction of a federal corporate tax (CT) system, effective for financial years starting on or…
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Receivable Finance: What it is, How it Works, and When to Use it
If you are a business owner who sells goods or services on credit, you may face cash flow problems due to delayed payments from your customers. In … Receivable Finance: What it is, How it Works, and When to Use it
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The Power of Gratitude
What’s something most people don’t understand? What’s something most people don’t understand? That’s a great question, and one that I’ve been thinking about a lot lately. There are so many things in this world that are complex, nuanced, and often misunderstood by the general public. But if I had to pick one thing that most…
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Impact of Technology in your Job
How has technology changed your job? Technology has had a significant impact on our jobs, both positive and negative, by changing the way we work, communicate, and conduct business. Some of the ways technology has changed human jobs include: Overall, the impact of technology on our jobs is complex and multifaceted, with both benefits and…
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Understanding the different types of Trust Receipt (TR)
There are generally two types of Trust Receipts that are commonly used in international trade transactions: In both cases, the borrower is responsible for the goods until they are fully paid off, and the bank or financial institution retains ownership of the goods until the borrower completes the repayment of the loan. The terms and…
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Illustration of Trust Receipt (TR)
A trust receipt also called as clean import loan, is a financial document used in international trade transactions, where a bank or financial institution releases goods to a buyer who has not yet paid for them. Essentially, the bank or financial institution will take ownership of the goods until the buyer pays for them, and…
Corporate Finance 