Dubai is a prospering city with a high standard of living, that is the ideal location for starting and growing a business, day-to-day life and family needs. As the business capital of the Middle East, Dubai is an international business hub with a wide range of opportunities for different activities and operations. There are many…
As per the regulations of DMCC, clause no 62.1 the shareholders of a company in the first meeting will appoint auditors to act as the auditors of the company till the end of the first annual general meeting. In case the shareholders of the company did not appoint auditors as mentioned above, the directors shall…
Looking for steps to set up a company in Main land? They are as follows: 1. SELECT AN ACTIVITY To setup a company in Dubai there are more than 2,000 business activities available, which fall into different classes and groups. If the required activity is not available in the list then DED will study the…
Company Formation in Dubai, UAE is more pronounced all over the world, subsequent to the historic event of winning the right to host Expo2020 by Dubai. The political stability and unbiased foreign policy are the key factors which attract the world’s leading investors to invest in Dubai, UAE. Further economic growth of UAE is the…
Investments are assets held by an enterprise for earning income by way of dividends, interest, and rentals, for capital appreciation, or for other benefits to the investing enterprise. Assets held as Stock-in-trade is not investment. In finance, investment is putting money into an asset with the expectation of capital appreciation, dividends, and/or interest earnings. This…
Amalgamation is the process of combining or uniting multiple entities into one form. It is the union of two or more companies, made with an intention to form a new company. It is a deal or an agreement between two or more companies to strengthen their business activities by establishing a new company having a…
Depreciation can be defined as the monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation. A decrease in an asset’s value may be caused by a number of other factors as well such as unfavorable market conditions, etc. Machinery, equipment, currency are…
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Alternate reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis…
