How to Stop Worrying About Cash The value of good cash control Without a shadow of doubt, poor cash flow management can cause enormous issues for even the most profitable of companies. Without the steady flow of cash, a company will be unable to pay its employees, certainly more likely to default on payments to […]
What is a Venture Capital Fund? VC Fund is a pool of capital that invests private equity in unlisted start-ups or young SMEs (early stage entities). A VC Fund raises capital from financially sophisticated professional investors. VC Fund Managers co-invests alongside investors allowing growth participation in the fund and alignment of interests with limited partners. […]
JAFZA and the MoE have issued guidelines and announced the deadline for Licensees to comply with their Economic Substance Regulation (“ESR”) filing obligations. JAFZA and DED Licensees undertaking a Relevant Activity are expected to comply with their ESR filing obligation and notify their respective Authorities by 30th June 2020. ESR took effect on 30 April […]
JAFZA and the MoE have issued guidelines and announced for Licensees to comply with their Economic Substance Regulation (“ESR“) filing obligations. JAFZA and DED Licensees undertaking a Relevant Activity are expected to comply with their ESR filing obligation and notify their respective Authorities by 30th June 2020. ESR took effect on 30 April 2019. There […]
When would a company wish to liquidate? Typically, this will be when a corporation no longer has the liquid funds to operate on a day to day basis, creditors and other commitments of the company are no longer being paid as they should be. In light of the Covid-19 pandemic, this unfortunately will become a […]
Overview A virtual Chief Financial Officer (v-CFO) can be hugely beneficial to any company of any size. A v-CFO brings a wealth of financial, strategic and commercial wisdom. They can help clarify and realise the objectives of a business. Then together, as business partners, the company can achieve better results, faster. At some stage business […]
Is Everything Under Control? What are Internal Controls? Internal controls are the procedures and methods by which companies and organisations achieve their performance, profitability targets and prevent the loss of resources/assets. They are also the means by which recording is relevant, timely and accurate as well as being compliant with the relevant laws and regulations […]
Why Data Protection is important? In the era of globalization and digitalization, a lot of data have become readily available and transferred across borders. Many businesses, including banks and financial services companies, are collecting, processing and transferring individual data. Hence it has become significantly important that individuals’ right to privacy is protected. Such data includes […]
DDA has issued a notification template to be followed by all member firms who carry out a Relevant Activity to comply with their Economic Substance Regulation (“ESR“) filing obligations. As expected, the notification will be electronic, via the free zone’s member company portal. DDA has urged all its relevant Licensees to ensure that they look beyond the […]
The current “stay at home” mantra that is being followed by most countries worldwide and coming to terms with the fact that remote work is no longer an option, but an absolutely crucial necessity. The concept of “work” has changed drastically for most people, regardless of the industry and nature of work. However, on a […]
Etiam magna arcu, ullamcorper ut pulvinar et, ornare sit amet ligula. Aliquam vitae bibendum lorem. Cras id dui lectus. Pellentesque nec felis tristique urna lacinia sollicitudin ac ac ex. Maecenas mattis faucibus condimentum. Curabitur imperdiet felis at est posuere bibendum. Sed quis nulla tellus.
63739 street lorem ipsum City, Country
+12 (0) 345 678 9
info@company.com