Written by SHABAN KUNCHERIASeptember 6, 2025 Future-proof your UAE finance team against new regulations and AI. Learn the essential skills needed for compliance, strategy, and growth for Upskilling UAE Accountants with this expert guide from ProAct.
Written by SHABAN KUNCHERIAJuly 18, 2025 Navigate complex UAE accounting challenges with ProAct’s tailored solutions. Discover sector-specific VAT, revenue recognition, and compliance expertise. Optimize your financial reporting today.
Written by SHABAN KUNCHERIAJune 27, 2025 Unlock growth for your UAE SME or startup with strategic outsourced accounting & fractional CFO services. Gain expert insights, reduce costs, and scale efficiently with ProAct. Discover SME financial strategy UAE.
Written by SHABAN KUNCHERIAJune 7, 2025 Introduction: Why Business Banking Is Mission-Critical in UAE A company is not truly operational without a functioning business bank account. In 2025, this has become even more essential due to the UAE’s shift toward a cashless economy and the widespread adoption of digital banking solutions. Without a compliant UAE bank account, businesses face hurdles with VAT compliance, employee payroll (WPS), invoicing,
Written by SHABAN KUNCHERIAJune 4, 2025 In the dynamic business landscape of the United Arab Emirates (UAE), adherence to International Financial Reporting Standards (IFRS) is paramount. With the implementation of corporate tax and the growing demand for transparent financial reporting, businesses must align their accounting practices with IFRS Compliance UAE to remain compliant and competitive. This in-depth guide explores UAE accounting standards with a focus on IFRS
Written by SHABAN KUNCHERIAMay 27, 2025 Introduction: Why UAE Bookkeeping Matters More Than Ever in 2025 Bookkeeping in the UAE has evolved from a background administrative task to a central business function—driven by regulatory pressures, digital transformation, and tax compliance requirements. 📊 Stat Insight: According to a survey in 2023, 42% of UAE SMEs faced compliance penalties due to poor financial record-keeping and late VAT submissions. 📉
Written by SHABAN KUNCHERIAMay 14, 2025 In a regulatory environment shaped by VAT, Corporate Tax, and FTA audits, understanding your bookkeeping cost in UAE is more than a budgeting exercise—it’s a survival strategy. Whether you’re managing a startup in Sharjah, an e-commerce firm in Dubai, or a construction business in Abu Dhabi, the cost of accounting services in UAE in 2025 hinges on complexity, compliance, and the
Written by SHABAN KUNCHERIAMay 6, 2025 Managing finances efficiently isn’t just a convenience—it’s a regulatory requirement. In the UAE, with the introduction of VAT, ongoing corporate tax reforms, and strict compliance standards enforced by the FTA (Federal Tax Authority), businesses must invest in reliable accounting software. Choosing the wrong system could result in: Whether you’re a startup in Dubai or an SME in Sharjah, having VAT-compliant, tax-ready,
Written by SHABAN KUNCHERIAApril 16, 2025 If you’re running a business in the UAE, 2025 is not the year to fall behind on your bookkeeping. With the Federal Tax Authority (FTA) doubling down on compliance audits, staying audit-ready is not a choice—it’s a necessity. And it starts with accurate, compliant, and real-time bookkeeping. Whether you’re a startup, SME, or large enterprise, ensuring that your books meet FTA’s
Written by SHABAN KUNCHERIAApril 15, 2025 FTA audits are no longer rare in the UAE. As the government continues to enhance transparency and tax compliance, businesses must ensure they are always ready for inspection. A surprise audit can be stressful—but with the right systems and expert guidance, it doesn’t have to be. This article will explain about FTA audit requirements UAE. ProAct, a leading UAE-based auditing and