What is Economic Substance Regulations in UAE? In 2019, Economic Substance Regulations (ESR) were introduced in the United Arab Emirates. The purpose of the ESR is to prevent businesses, typically multinational corporations, from artificially shifting profits to jurisdictions that impose little or no income tax without having substantial activities in that jurisdiction to take advantage…
The Importance of Business Strategy What is a Business Strategy? Every business has natural weaknesses within all organizations for various reasons. What a business strategy does is try to remedy these weaknesses so that companies don’t trip up and suffer their impact too greatly. The strategy helps us define our business, gives it a set…
Financial Planning for Startups: What You Need to Know Every startup needs to have a solid business plan in order for it to survive the initial stages and grow into a successful business. A business plan includes numerous aspects but one of the most important segments of it is the financial plan for a startup….
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