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Blogs

How will I benefit from PRF’s Data Analytics services?

The rich data generated by companies contains valuable knowledge, and data analysis is a very good way to open it up. Data analytics can help a business customize a specific customer’s market presentation to identify and mitigate business risks. But what is data analytics exactly?

Develop your company's most important resource: its people.

How do you inspire your team members and employees? Which corporate strategy is best for achieving organisational goals and objectives? What is the most effective way to evaluate team performance?

Everything you need to know about UAE Corporate Tax

What is Corporate Tax? Why was it introduced in the UAE? Who will be subject to corporate taxation? What will be the rate of these taxes? What will happen to the people in the free zone—will they be subject to Corporate Tax? What about losses and exempted income?

8 Tips to Choose the Right Fixed Asset Management Software

In this period of digital transformation, technology has significantly enhanced every aspect of a company, including asset tracking and management. That is why investing in the right software or technology plays a very important role in the growth and development of an organisation.

10 Benefits of Outsourced Accounting in Dubai

Accounting is a very essential part of any business as it helps manage finances and money, which is why it cannot be ignored or taken lightly. It is very important to always keep your business accounts straight and clear, irrespective of your business type.

Inventory Verification- Procedure, Challenges and Solutions

Inventory verification is the process of verifying the accuracy of a company's inventory records, which are used to track the quantity, value, and location of the goods and materials that a business has on hand.

Benefits of a Virtual CFO for your business

People mostly hire a bookkeeper in their company who keeps track of overall finances and a tax accountant who submits yearly reports. But who is monitoring your budget, cash flow, levels of profitability, and financial risks?

How to start a new business in Dubai?

Many people may think that business can be initiated in any country. But the stages leading up to that objective are nerve-racking, as there are many financial barriers such as corporate tax, retaining employees, and many more. So, Dubai can be a great place for your startup.

Internal Audit and its benefits

Internal auditing has grown to be a crucial component of businesses in the modern world, and with ongoing economic expansion, the landscape of auditing is changing. Regulatory restrictions and rising stakeholder demands for greater transparency are placing organisations under increasing strain.

UAE VAT Law Amendment Effective from
1 Jan, 2023

The VAT (value added tax) Law Amendment was issued by the president of the UAE, His Highness Sheikh Mohamed Bin Zayed Al Nahyan, on September 26, 2022, and these laws have been effective since January 1, 2023.

In-house payroll vs Outsourced Payroll. Which one to choose?

Payroll is a big part of any business and should not be considered lightly. One of your many responsibilities as a business owner is to look after your internal team, as they are the ones who keep your company running.

Statutory Audit - Meaning, requirements, types, procedure and advantages

In the present, where the business market has increased to a large extent, it is required for business owners to make sure that the mandated procedures given to the company are being followed.

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