Business Emergency Fund – Why it is important

Sprinkles by PACI Business Emergency Fund – Why it is important Most companies occasionally run out of money, but you need to have a plan to get through these financial hard times. Businesses face some unanticipated costs (such repairs for machinery or legal bills), unexpected income losses, recessions, catastrophic events, or any other situation that […]

Factors Influencing Corporate Tax Rates in the UAE: What Businesses Need to Know

Sprinkles by PACI Factors Influencing Corporate Tax Rates in the UAE: What Businesses Need to Know Understanding the shifting trends is necessary to navigate the corporate tax rate in the UAE. For businesses operating in the UAE, understanding the corporate tax structure is crucial.  For taxable income over AED 375,000, the usual corporate tax rate […]

What Is Cash flow?

Sprinkles by PACI What Is Cash flow? The vitality of any firm, regardless of size, is cash flow. In a nutshell, cash flow is the flow of funds into and out of your company over a given time frame. It’s a vital financial indicator showing how effectively your company collects and allocates cash to payments […]

Point of Sale (POS): What Is It And How Can It Enhance Business Operations?

Sprinkles by PACI Point of Sale (POS): What Is It And How Can It Enhance Business Operations? In today’s hectic business world, being ahead of the curve requires speed, the capacity to make immediate decisions, and a superior product or service.  Point of Sale (POS) systems are used in situations like these. More than just […]

5 Steps For Your Tax Registration Process In UAE

Sprinkles by PACI 5 Steps For Your Tax Registration Process In UAE The UAE stands out on the international scene due to its unique corporate tax system. Unlike many other countries, the UAE exempts the vast bulk of commercial enterprises from federal corporate income tax. The UAE’s strategic location draws in investors from all over […]

TAX Laws in UAE

Sprinkles by PACI TAX Laws in UAE One of the more well-known advantages of living and working in the United Arab Emirates is the lack of income tax. However there are other taxes such as value-added and corporate taxes that are quite simple and straightforward. However, there remain a few things you should be aware […]

How To Start A Small Business In UAE

Sprinkles by PACI How To Start A Small Business In UAE How to start a small business in UAE? You may have many answers or solutions in front of you.  But don’t worry; you have the correct answers for starting a business from scratch.  So, here are the steps to start a small business in […]

Understanding Corporate Tax Registration Deadlines and Consequences for Late Registration

Sprinkles by PACI Understanding Corporate Tax Registration Deadlines and Consequences for Late Registration It might be difficult to navigate the UAE’s corporate tax registration process. However, meeting the deadlines is essential.  Ignoring these crucial dates could have disastrous consequences for your financial well-being.  Hence, it’s essential now more than ever to comprehend the registration procedure […]

Important Social Media Management Tools For Small Business

Sprinkles by PACI Important Social Media Management Tools For Small Business   Why is there such a need for social media management apps? Social media influences buyer decisions, shapes brands, and drives  expansion. These tools offer a consolidated platform for social media channel management.  In light of this, the most significant social media management tools […]

What is the 5% VAT Tax in Dubai?

Sprinkles by PACI What is the 5% VAT Tax in Dubai?   2018 saw a significant shift with the implementation of VAT, which forced businesses to deal with novel financial situations. The standard VAT rate in Dubai is 5%. However, the path is not easy, as different businesses have different challenges when it comes to comprehending VAT […]