A welcome relief for UAE businesses: Penalty waivers and penalty installments

Penalty waivers & penalty installments

  A new Cabinet Decree No. 105 of 2021 has been issued related to penalty waivers and penalty installments. The new cabinet decision will become effective on March 1, 2022. In accordance with this law, taxable persons can apply for installment payment or a waiver of administrative penalties in whole or […]

5 top priorities for Third-Party Internal Audit

5 top priorities for third-party internal audit

  Internal audit is the assessment of the internal processes in order to enhance organizational strategy. Fair representation and material verification of information and financial reports has become increasingly important in today’s time. It does not only bring huge legal liability/cost, but companies try to avoid as much as possible potential […]