Category: Articles

  • Blockchain

    What is blockchain? Blockchain is a decentralized, distributed ledger technology that allows for the secure and transparent recording of transactions. It is a digital database that is used to store and record transactions that are made using cryptocurrencies, such as Bitcoin. In a blockchain, each transaction is recorded as a “block” and added to the […]

  • DMCC Approved Auditors Rules

    DMCC Approved Auditors Rules

     DEFINITIONS Term Definition Approved Auditors Advisory Panel the advisory panel constituted and maintained by DMCCA to oversee and effect implementation of these Rules. Approval Criteria the approval criteria for an Approved Auditor set out in Chapter 2 of the Approved Auditor Guidance Note. Approval Process the approval process for an Approved Auditor set out in […]

  • Salary Information File

    All about Salary Information File (SIF) Here is a quick guide about SIF for processing payroll in the UAE. Payroll is probably one of the most essential functions of an organization. After all, employees should be paid their agreed-upon salaries on time after working hard throughout the month. The HR or Finance person at every […]

  • Letter of Credit

    Introduction A letter of credit is a financial instrument that a bank or financial institution issues to a buyer on behalf of a seller. It is a guarantee that the seller will receive payment as long as they meet the conditions specified in the letter of credit. This helps to reduce the risk of non-payment […]

  • Freezones in Ajman

    Here are the free zones which operate differently than in mainland Ajman: Ajman Free Zone Ajman Media City Free Zone Ajman Free Zone – Ajman Free Zone (AFZA) (Arabic: منطقه عجمان الحره) is a free trade zone in Ajman, United Arab Emirates (UAE). It was first established in 1988. It is one of a number […]

  • Freezones in Abu Dhabi

    Here are the free zones which operate differently than in mainland Abu Dhabi: Abu Dhabi Airport Free Zone (ADAFZ) Abu Dhabi Global Markets (ADGM) ADPC – Khalifa Port and Industrial Zone (KPIZ) Industrial City of Abu Dhabi Higher Corporation for Specialized Economic Zones / Zones Corporation Masdar City Free Zone twofour54

  • Freezones in Sharjah

    Here are the free zones which operate differently than in mainland Sharjah: Hamriyah Free Zone Sharjah Airport International Free Zone U.S.A. Regional Trade Center (USARTC) Free Zone Sharjah Publishing City Free Zone Sharjah Media City Free Zone (Shams) Sharjah Publishing City Free Zone (SPC Free Zone) Hamriyah Free Zone – The Hamriyah Free Zone is a free zone place […]

  • Freezones in Dubai

    Here are the freezones which operate differently than in mainland Dubai: International Free Zone Authority (IFZA) Dubai Airport Free Zone Dubai Auto Zone (DAP) world Dubai Biotechnology & Research Park (DuBiotech) Dubai Car and Automotive City Free Zone (DUCAMZ) Dubai Design District Dubai Flower Center Dubai Gold and Diamond Park Dubai Healthcare City Dubai Industrial […]

  • Kinds of MIS Reports

    What is an MIS report? MIS, or Management Information Systems, refers to the use of information technology to support decision-making, improve business operations, and support strategic planning. In the simplest terms, an MIS report can be described as a system that provides important information for the management of your company. MIS collaborates with people, technology, […]

  • Big 4

    Big Four Accounting Firms (Big 4) are the top accounting firms that are globally recognized for providing auditing, assurance, taxation, management consulting, actuarial, corporate finance, and legal services. The Big Four Firms are Deloitte, Price Waterhouse Coopers (PwC), Ernst & Young (E&Y), and Klynveld Peat Marwick Goerdeler (KPMG) Deloitte Deloitte Price Waterhouse Coopers (PwC) Price […]