Prateek Tosniwal
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CFO | Investor | Financial Advisor | Tax & Business Consultant | Networker | Entrepreneur
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WHAT ARE STATUTORY AUDITS?
Understanding Statutory Audits in the UAE In the United Arab Emirates (UAE), statutory audits are an essential aspect of maintaining corporate transparency, legal compliance, and financial integrity. They serve as a legally mandated examination or review of a company’s financial statements to ensure that the financial data accurately reflects the company’s financial position and meets all regulatory requirements. These audits are required for a wide range of companies, particularly those operating within certain sectors such as financial services, manufacturing, and public companies. Compliance with statutory audits is critical for businesses seeking to build trust with stakeholders, improve decision-making processes, and avoid penalties for non-compliance.
By Prateek Tosniwal12 months ago in Chapters
Investing in Startups in the UAE: A Gateway to Innovation and Growth
Visit: Prateek Tosniwal Over the past few decades, the UAE has swiftly become a global hotspot for startup investments. The country boasts a dynamic ecosystem fueled by a diverse range of industries, government support, and innovation. As a thriving business hub with access to major markets, low taxation, and a pro-entrepreneurial government, the UAE is an ideal location for both investors and startups. For those looking to explore investing opportunities in this region, understanding the landscape is key. In this blog, we are going to discuss how one can find investment opportunities in the UAE.
By Prateek Tosniwalabout a year ago in Motivation
A Step-by-Step Guide to Setting Up a Business in the UAE
Visit: Prateek Tosniwal The United Arab Emirates (UAE) has long been an attractive hub for entrepreneurs, investors, and businesses worldwide. The country’s strategic location, robust metropolitan infrastructure, tax benefits, and business-friendly regulations make it one of the top destinations for a business setup. Regardless of the goal, whether you’re looking to tap into the regional markets or expand globally, the UAE provides ample opportunities for businesses and startups to thrive. In this guide, we’ll walk you through the steps required to set up a business in the UAE, covering both mainland and free zone options, while also explaining the processes, costs, and necessary approvals.
By Prateek Tosniwalabout a year ago in Education
Going Global: A Guide to Obtaining a Business License in the UAE
The UAE has positioned itself as a global hub for business and innovation. Attracting entrepreneurs from all corners of the world with its strategic location, modern infrastructure, and investor-friendly policies.
By Prateek Tosniwalabout a year ago in Education
Emerging Trends in Due Diligence for Corporations in the UAE
Due diligence is a critical process for corporations operating in the UAE, ensuring that all legal, financial, and operational aspects of a business are thoroughly investigated before making significant decisions or investments. As the business landscape evolves, so do the practices and trends in due diligence. This blog explores the emerging trends shaping due diligence for corporations in the UAE, highlighting key areas of focus and providing actionable insights. Visit: Prateek Tosniwal
By Prateek Tosniwalabout a year ago in Education
Tax Compliance and Administration: Understanding UAE Corporate Tax Law
The introduction of corporate tax in the UAE marks a significant shift in the country’s fiscal landscape. As businesses navigate this new regulatory environment, understanding the nuances of UAE Corporate Tax Law is crucial for ensuring compliance and optimizing tax administration. This blog provides a comprehensive overview of UAE Corporate Tax Law, focusing on key aspects of tax compliance and administration.
By Prateek Tosniwalabout a year ago in 01
