Blockchain1 min read December 7, 2022 What is blockchain? Blockchain is a decentralized, distributed ledger technology that […]
FATF UAE Mutual Evaluation and NAMLCFT Committee1 min read September 27, 2022 In April 2020, the international Financial Action Task Force (FATF) issued […]
DMCC Approved Auditors Rules14 min read September 20, 2022 DEFINITIONS Term Definition Approved Auditors Advisory Panel the advisory panel constituted […]
Tax registration number linking with Customs Registration Number1 min read September 30, 2021 Auditing | Accounting |Taxation | Business Set-up | Registration & Licensing […]
Tax Group User Guide1 min read September 21, 2021 Federal Tax Authority has introduced a guide to provide group companies […]
Dealers in Precious Metals and Stones1 min read June 5, 2021 Dealers in Precious Metals and Stones in UAE
DED guideline1 min read June 4, 2021 Dubai’s Department of Economic Development yesterday
UBO deadline3 min read May 31, 2021 Please ensure to submit the Ultimate Beneficial Owner Declarations for your […]
29th May 20211 min read May 29, 2021 Amendment of Tax Penalties
Commercial Property Transactions – VAT1 min read May 25, 2021 Overview of the steps required to complete VAT payment It is […]
E-commerce personal imports guidance2 min read May 16, 2021 Dubai Customs operating under “The Government of Dubai” vide Customs Notice […]
VAT Payment guide for commercial property buyers1 min read May 8, 2021 The Federal Tax Authority (FTA) introduced a guide on 6th May […]
How to retrieve Trial Balance in Tally Prime1 min read January 17, 2021 In Tally Prime, you can retrieve the trial balance by following […]
How to book purchases in Tally Prime1 min read December 18, 2020 To book a purchase in Tally Prime, you will need to […]
How to generate a VAT report on tally prime1 min read December 12, 2020 To generate a VAT (Value Added Tax) report in Tally Prime, […]
How to reconcile bank accounts in Tally Prime1 min read December 11, 2020 To reconcile a bank account in Tally Prime, you will need […]
Keyboard Shortcuts in Tally Prime1 min read December 11, 2020 Tally Prime includes a number of keyboard shortcuts that can help […]
How to create a bank account in Tally Prime1 min read December 8, 2020 To create a bank account in Tally Prime, follow these steps: […]
UAE Decree Federal Law and Executive Regulation1 min read October 13, 2020 Federal Decree No. (20) of 2018 is a fundamental pillar of […]
FTA directive on tax returns2 min read April 21, 2020 FTA issues directive on alternative deadline to file tax returns (28th […]
Create a new company in Tally Prime3 min read April 5, 2020 Introduction Entering company basic information • Selecting keyboard keys “Alt” and […]
Accounting of Cryptocurrency4 min read January 3, 2020 What is Cryptocurrency Cryptocurrency is a digital or virtual currency that […]
Laws in the UAE4 min read September 27, 2019 We at BHMJ ensure you comply with the laws and regulations […]
Excise Rates1 min read June 13, 2019 Carbonated Drinks (excluding Sparkling Water) – 50% Sweetened Drinks – 50% […]
Treatment of VAT on services rendered in designated zones1 min read May 23, 2019 Designated Zones There are a total of 19 designated zones in […]
List of Charities that may recover input tax1 min read April 28, 2019 Source: https://www.tax.gov.ae/en/ Charities Federal Entities Charities Abu Dhabi
AML CFT Supervision by the CBUAE2 min read April 27, 2019 The CBUAE established a dedicated department in August 2020 to handle […]
Reverse charge Supplies1 min read February 15, 2019 These are the various supplies for which Value Added Tax (VAT) […]
Designated Zones1 min read February 12, 2019 Abu Dhabi (5 designated zones) Dubai (8 designated zones) Sharjah (2 […]
VAT on insurance premium paid for employees1 min read July 22, 2018 Who is an Employee?Employee is one who is employed by the […]
VAT on Retention money1 min read August 21, 2017 Retention Money Retention money is referred to as the sum of […]
Salary Information File2 min read July 16, 2017 All about Salary Information File (SIF) Here is a quick guide […]
Letter of Credit12 min read April 17, 2017 Introduction A letter of credit is a financial instrument that a […]
Cash Flow Statement1 min read February 15, 2017 Source: https://en.wikipedia.org A Cash Flow Statement is a financial statement that shows how changes in the […]
Freezones in Ajman1 min read December 8, 2016 Here are the free zones which operate differently than in mainland […]
Freezones in Abu Dhabi1 min read October 5, 2016 Here are the free zones which operate differently than in mainland […]
How is Gratuity calculated?1 min read August 14, 2016 In the United Arab Emirates (UAE), gratuity is a benefit paid […]