Self-study material to learn at your own pace.
Accounting & VAT Resources
Many companies opt to work with specialised outsource partners to bring to bear expertise in performing those tasks, but what should you look for when working with a outsource partner and what issues could this solve?
SimplySolved’s aim is to make the transition to a new system as simple as possible. Contact us today to learn more about the accounting platform in the UAE.
This platform allows you to manage all areas of your business. Contact us today, the ERP Solution will help you simplify your financial reporting.
VAT & Tax Resources
The UAE CT will be applied across all of the Emirates and to all business and commercial activities except for the extraction of natural resources.
From 1 March 2022, the window is open for qualifying non-United Arab Emirates (UAE) established businesses to submit applications under the business VAT refunds scheme.
On 31 January 2022, the UAE MoF announced the introduction of a federal corporate tax. Under this announcement, CT will be effective for financial years starting on or after 1 June 2023.
The audit financial statements are prepared and presented with a judgment as to whether the information is accurate and in accordance with IFRS.
Internal audits should never be confused with external audit. Although there are few similarities, but the main objectives are quite different.
To help you navigate the auditing and FTA requirements needed for liquidation, Simply Solved can issue mandatory liquidators’ report.
AML Compliance Resources
The go AML system was developed by the United Nations On Drugs and Crime (UNODC) to combat Anti-Money Laundering and terrorist financing.
The UAE’s Ministry of Economy goAML Registration has extended the grace period for the targeted establishments to register until March 31, 2021.
Software Solutions Resources
Integrating Your Shopify or WooCommerce to other Inventory & Accounting Software The COVID-19 pandemic has changed business. The way businesses operate has taken a shift towards E-Commerce business models. We have already seen the brick-and-mortar model for a retail business reinforced by an...
Implementing an ERP- What must you consider?As your business grows, efficiently managing operations at lower cost and control of resources becomes a challenge. Most businesses turn to implement an Enterprise Resource Management. They aim to integrate the company’s processes to better manage their...
Ideally your IT system is the single source of truth for your transactional VAT treatment and reporting. Nevertheless, most enterprises are faced with accuracy challenges where human decision making is required to define transactional tax treatment.
HR & Payroll Resources
Is Your Payroll Costing You More Than It Should?, Payroll management can be complex. Payroll operations in finance or HR are often separate from line management where decisions affecting employees are usually made. Unless these decisions are tracked and communicated,...
Why a Human Resource Management System Make Good Business Sense If your business uses a system to manage your finances, assets and customers, managing your other key asset, your employees, to their fullest potential should also be on your agenda. According to research...
Is Outsourcing Your Business A Good Option? Successful companies are constantly searching for more efficient and cost-effective measures to better run their internal business operations. Some companies build in-house expertise and resources to implement strong...
Economic Substance Regulations
Economic Substance Regulations broadly apply to all UAE onshore & free zone legal entities that carry out one or more of the RA referred to as “Licensees”.
The amendments to the UAE Economic Substance Regulations & Guidance provide welcome changes & additional clarity that should help reduce the overall burden.
If you are a business or individual requiring assistance in obtaining your Tax Residency Certificate, as FTA approved tax agent we provide complete service