Outsourced accounting firm, Legends Accounting Services, was recently recognized as Best Accountancy SME 2017 -UAE and Recognised Leaders in Cloud Accounting for their services, cost savings and efficiencies it has achieved for clients. Managing Partner Arshi Kaura shares how the 20-strong team of accountants is empowering SMEs in the UAE to achieve their goals sooner, by embracing innovative technologies that harness the opportunity in the unconventional.
Best Accountancy SME 2017
Breaking News: The National
When Mr Takhtani came on board in 2014, Ms Kaura says it was difficult at first to maintain a healthy work-life balance, something that has improved with time. “When our second daughter was born it allowed me the freedom to work from home,” she adds.
Ms Kaura is among a growing band of female entrepreneurs, whose success has resulted in their spouse joining their venture, something the Dubai Business Women’s Council (DBWC), set up in 2002 to support women business owners, has observed.
Breaking News: Inc
A very commonly asked question is whether VAT will affect our food, education, or health bills? The simple answer is not much; there are around 94 essential food products which are exempt and also, the education and healthy sectors are out of VAT as per the Ministry of Finance.
The exact list will be out once the law is out but looking at the VAT in other countries and based on information by Ministry of Finance in UAE, essential food items, health and education will be exempt from VAT.
Breaking News: Inc
Identify the reasons for variances and then respond sooner rather than later—delays can be fatal for your business.
In a nutshell, budgeting sounds very easy in theory but requires far more determination when applied. It is planning the whole year ahead with revenue and cost and following up each month on actuals and adapting to changed circumstances.