August 1, 2023

Difference Between Cost Audit and Management Audit

A management audit is an independent look at the things managers do at different levels of management to figure out what they do, how well they do it, and what they have accomplished. A cost audit, on the other hand, is the process of confirming the cost of production based on the records that a…

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July 27, 2023

Steps to Set Up a Real Estate Business in Oman

Oman is a country with a growing economy and a high demand for real estate. If you are considering setting up a real estate business in Oman, there are a few steps you need to take. You will be Interested on : Real Estate Company Registration in Oman Choose the right business structure The first…

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July 24, 2023

Difference Between COO and CEO

The organization’s Chief Executive Officer, or CEO, has a unique set of roles and responsibilities that can’t be given to other staff members. The CEO of the company figures out what resources are needed, looks for places to get money, comes up with plans for how to talk to lenders, makes proposals, and sends them…

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July 22, 2023

Difference Between Product-Based and Service-Based Companies

Think about all the electronics and skin care products you have at home. The companies that made those things are all product-based. Another way to look at it is to think about the broadband, electricity, or gas services you use at home. The companies that provide these services are all service-based. You will be Interested…

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July 18, 2023

How Much Does It Cost to Set Up a Business in Oman?

Oman is an excellent choice to do business because it has a low company tax rate and offers many incentives for foreign investors. The cost of setting up a business in Oman will vary depending on the type of business, the size of the business, and the location of the business. However, in general, the…

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July 13, 2023

New UAE Visa Rules: Creating Opportunities for Investors and Entrepreneurs

In the first half of 2022, Dubai issued almost 25% more business licenses than it did in the first half of 2021, bringing the total number of licenses issued to 45,653. The new UAE visa laws have been a big help, especially for new businesses. They are also giving entrepreneurs, investors, job seekers, IT professionals,…

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July 6, 2023

What are the Exempt Income Categories Under UAE Corporate Tax Regime?

Overview According to the Public Consultation Document released by the Ministry of Finance (MOF) on April 28, 2022, the UAE Corporate Tax (CT) regime plans to stop double taxation by not taxing some types of income. Most of the UAE CT doesn’t apply to companies based in the UAE. This is because most of their…

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July 4, 2023

UAE Issues New Decree Law on Family Businesses and Offices

The UAE Government published Decree Law No. 37 on Family Businesses in the official gazette on October 10, 2022. The New Law will take effect on January 10, 2023, which is three months after it is published. People are glad that the government passed this new law because it shows that the country is still…

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July 3, 2023

How to Setup Auto Parts business in UAE

The UAE is the second-largest market for cars in the GCC. Many business owners and investors want to sell auto parts in the UAE because it is a stable place for both domestic and international business. Today, the UAE is the best place to set up a business because it has the best conditions for…

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June 26, 2023

How to Set Up a Business in Oman Free Zone

Oman is a Middle Eastern country on the Arabian Peninsula. It is a relatively small country, but it has a large economy and is a major trading hub. Oman has a number of free zones, which are special economic zones that offer businesses a number of benefits, such as tax breaks, customs exemptions, and simplified…

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