What You Need to Know About VAT in UAE?

On January 1, 2018, the United Arab Emirates (UAE) and the Gulf Cooperation Council (GCC) member states are all set to join a list of 150 countries who have implemented Value Added Tax (VAT). The upcoming tax regime will not only affect the working class but will also have an impact on the businesses. Economic and taxation experts have been voicing concerns about the implementation of VAT as they believe the new tax would lead to operational risks for businesses and companies who will have to chalk out new and clear strategies to maintain growth of their businesses and not get majorly influenced by the VAT. You may know more on the complete VAT training Dubai here.

 

The new legislation has already sent shockwaves among the diaspora of international community living and working in the United Arab Emirates. According to a recent survey conducted by the CFA Society Emirates, around 82 percent of the recipients were of the belief that the implementation of Value Added Tax will skyrocket inflation rates across the seven states in the United Arab Emirates. As we look into the details, we come to know that four groups, i.e. government, business, consumers, and consultants, form the four stakeholders of the new legislation.

 

The International Monetary Fund (IMF) had predicted that the GCC governments will be facing a cumulative fiscal deficit of around 350 billion U.S. dollars over the next five years. The IMF released the forecast by basing its estimate on an oil price of 56 U.S. dollars per barrel. This is a massive amount for a five-year period, there the GCC states are forced to find the alternate ways to plug this deficit or they will end up borrowing from the international financial institutions. By implementing VAT, these governments can collect 1.5 percent of the total GDP, which is one-fourth of the total deficit. Wherever the VAT has been implemented so far, the end effect has been on the consumers who pay the tax on every purchase they make or every service they acquire.

 

In the equation of four stakeholders, governments are regarded as the main beneficiary but they will have a headache of ensuring proper collection of taxes. They will have to put into place a necessary infrastructure to supervise and collect the VAT. Another challenge for the governments would be to maintain their image of a tax-free haven for the expats. The recommended site will give your further insights into the full impact of the VAT on consumers in the UAE and GCC member states.

Things to Look for in a Scaffolding Manufacturer

While there is a wide array of Dubai scaffolding companies, there are a number of factors which should determine your choice of a company to help in your construction project. While no two companies are exactly alike, and they may each have their own pros and cons, you might even end up with a high quality and cost-effective contractor, only to suffer low quality work down the road. Here are a few things that you should look for in all prospective scaffolding manufacturers in UAE, before you finalize your decision:

Construction Type

Scaffolding construction comes in a wide array of types. While some are complex and entail more intricate work, others are considered basic constructions which do not need much regulatory work to be completed. If you are doubtful about which type of construction would be the most beneficial and appropriate for your project, it is better to discuss with the scaffolding company you are working with. If you are soliciting the services of a construction company that is going to be using your scaffolding, they can help you choose the type of structure which is the right fit for your project. If your construction company has the appropriate training to work at heights, they will be able to help you along in your struggle.

Safety

When using and erecting scaffolding, safety should be your top most concern. Regulations, concerning the use of scaffolding and elements of building, exist, and these are especially important if you are featuring unusual design features in your construction. Basic structures which are built according to the manufacturer’s guidelines do not require you to get special permit. However, those that are built on unusual ground, or are taller or longer than others, entail you to solicit the services of a professional scaffolder to complete guidelines and risk assessment.

Training

The scaffolding company that you are choosing should have appropriate and adequate training. Scaffolding companies which are licensed or registered with credible scaffolding bodies in the country, must be able to offer pertinent training to their employees, otherwise they will not be permitted to be a part of that group. Always make sure that you are consorting with a company that has been trained in the safe and right use of scaffolding materials.

Budget

Budget is an important factor to consider when you are picking out a company for your scaffolding project. While who wouldn’t want to garner the services of the most top notch company in the market, it is important to set up a budget and find the best scaffolding company that fits within your budget.

How to Select the Best Ceiling Tiles

When it comes to selecting the best false ceiling tiles for a remodeling project of your room, it is important that you think about how you want the finished project to look. People use drop ceilings to insulate or provide cover. Lowering a high ceiling also enhances heating in your room. People also attempt to lower their ceiling when they aspire to hide pipes and duct work in their basement ceiling or to save on utility bills. Since drop ceilings tend to absorb sound and provide insulation, and are fire resistant, they are becoming ever more popular with people. Before you start visiting ceiling tiles suppliers in Dubai, here’s what you need to know about ceiling tiles:

Types Of Drop Ceiling Tiles

  • If you want to go formal, you should look for plaster drop ceiling tiles. You can paint these tiles to fit in with your existing decor or leave them as they are. These types of tiles are great for use in formal living spaces.
  • Gypsum can be thought of as a drywall. It is prepared by compressing minerals into semi-rigid and dense squares and sheets. They are perfect for use in any room of your house, including the basement.
  • PVC and metal ceiling tiles are the latest addition to the collection. They offer a wide array of choices with an even more extensive price range. These types of tiles work best in kitchens.
  • Fiberglass ceiling tiles are extremely cost effective. However, the major drawback of these types of tiles is that paint does not adhere well to them. They work perfectly as an economical solution to finishing the basement ceiling.

Price of Ceiling Tiles

While choosing ceiling tiles, price is an important factor that determines your choice. Composite tiles are used most commonly because they are relatively inexpensive and are easy to work with. The appearance of the tiles, your budget, and the ceiling area of the room should all be considered before selecting your tiles. Plastic tiles are also an affordable option. Specialty tiles, such as aluminum and mineral fiber tiles, are easily available and attractive, but will weigh heavily on your pocket.

If you have a specific look in mind, and your budget allows it, you may want to choose higher end tiles to add to the aesthetic appeal of your remodeled room. Visit website of various suppliers to get an idea of the options available to you. Not to mention, there websites will also give you information about various manufacturers so that you can choose the most reliable and credible one. If you want more ideas about decorating your ceiling with tiles, you can look for inspiration online before choosing a particular type of tiles.

Things To Look For In A Storage Space Service

There is no denying that time and again you feel the need to hire a storage service. When you think you and your family and finding it hard to live in the same apartment, or your office is unable to house all the staff and equipment you need, it is time to look at your options. You will find many storage space services but knowing that only one of them will fit well into your needs is obvious. Off course, you don’t often end up finding a service just like that, so you should prepare yourself to go a little service hunt.

However, before finding the service you are looking for, it makes sense to identify your requirements that you might need the service for. Things like specific needs and budget should be included into your requirements. After all, you will find different storage space services offering different packages and varying charges. To ensure that you don’t end up having trouble after finalizing the service, you should pay attention to your needs. Also, it will help you find the right service that will not cost you an arm and leg. Here are more on things you should pay attention to while finding Dubai storage space:

Reputation

One of the first things you should look for is the reputation. Keep in mind that the reason you want to hire the storage service should be your top priority. When you do so, you will pay required attention to your needs as well as the service you want to hire. You will keep a close watch at certain things like credentials of the service. However, everything else should come later, but your foremost priority is to look at the reputation of the service. This is so because you will find a number of storage space providers in Dubai. For obvious reasons, not all of these will have the same reputation and credentials. Therefore, it is important to consider the reputation and credentials of the service before you decide to hire it.

 

Licensure

Another important thing to note before is licensure. A licensed storage service will let you live in peace for a number of reasons. When you know you’ve hired a licensed storage service, you become relaxed and feel more confident about the company. These services are likely to deliver the best in class services without charging you extra.

Read more about quality storage services and learn how to hire one to fulfill your needs.

Know More About Pro Services

It is unique and loved, and has been used by many businesses in Dubai, and UAE. It is the services like sectorial where you as a businessperson can enjoy the best advice from industry pro service. Call it a pro or a company secretary, they offer pretty much the same service to entrepreneurs in different categories. These industry gurus know all the ups and downs, lefts and rights of business. Being in the know means they have more knowledge when compared to many businessmen around you. As such, hiring a pro service to make your business prosper is a great idea. However, before you go out and look to hire pro services in Dubai, there are things that you might need to consider. For instance, you must ensure that the pro service you are about to hire belongs to the same industry as your business. Also, the pro service is going provide you lessons on almost all aspects of your business, you must stride hard to find the right service only. Remember, for those of you who are new to Dubai and have little knowledge about the place, hiring a proficient, reputable pro service is perhaps the best deal. Here is more on why hiring a pro service is a great ideal:

Knowledge

The moment you land at the Dubai airport, you are excited for a number of reasons. Being at the finance and business capital of the Middle East is a unique but positive feeling. You have great ambitions but little knowledge. Similarly, you have great desire but know little about how to and where to look for business. In short, you have many ifs and buts in mind and perhaps don’t know where to look for. It is time to let go your worries, as finding a pro service is only a survey away. That’s right, the survey will not only help you find the best service, and it will provide you advices on various aspects of the business. For instance, the pro service will tell you which area of business to invest and why to do so. This means that you will have a solid reason to invest in a business in Dubai.

Moreover, your pro secretary will also inform you about precautions you need to make while investing in Dubai. Worry not, as these precautions are merely there to keep your money safe. If required, your pro service can also assist you in different departments like administration, legal and financial domains.

Visit website to learn more about Pro services and how to make the most out of yours.

5 Best Places to Go Fishing in Dubai

Fishing is one of the most sought-after tourist attractions in the UAE and fishing in Dubai prices vary depending on the location of your choice. Here are the best-known angling spots that you can choose from for your next fishing excursion in Dubai:

Al Garhoud Bridge

The Al Garhoud Bridge is one of the most decent angling spots in the country. While the summers in Dubai are markedly humid and hot, this site remains enjoyable, comfortable, and brimming over with a great catch. Being a well-liked and popular tourist hub, the Al Garhoud Bridge is always teeming with swarming throngs throughout weekend mornings, with fishing aficionados endeavoring to catch a few Barracudas or Tilapias here. To get to Al-Garhoud, you have to drive up to Al Boom Tourist village, leave your car there and amble across the sandy area to reach the most optimum fishing spot.

Al Maktoum Bridge

Al Maktoum Bridge is another sought-after angling spot bustling with tourists and locals alike. The place is especially busy over the weekends and early in the morning. To reach your destination, drive up to Dubai courts and leave your vehicle in its parking area. While RTA parking charges apply throughout the week, parking is free on Fridays. The Al Maktoum Fishing Spot is a mere 5 minutes walk away from the parking.

Creek Park

The picturesque Creek Park is another great place in Dubai if you are looking for some recreational and frivolous angling. Even if you just want to sit back and relax, it offers comfortable seating arrangements. If you want to catch a bite or quench your thirst, there are a lot of restaurants and shops nearby to cater to your hunger pangs. The seas in the proximity of Jebel Ali Free Zone are teeming with kingfish and hammour, which attracts more crowds.

Jumeirah Beach

Located opposite the Sheraton Hotel, Jumeirah Beach is a favorite amongst avid fishing enthusiasts. Once you reach the JBR beach, you can park your car near the water break rocks. Clamber over the rocks and take a walk along the coast. While the spot is extremely rocky, it is a hub of Barracudas and Sultan Ibrahims. The spot also allows you to swim around and spot sting rays.  You must visit this place if you have a thing for rocky fishing. However, take good care since the rocks are risky and slippery. To cast far away, try to use a 4m rod.

Al Mamzar Beach Park

Al Mamzar Park is a sprawling beach of over 100 hectares. This beach park offers clear swimming pools, stunning picnic areas, and a good deal of grassy lands. When it comes to outdoor family enjoyment, this place takes the center stage. Like most Dubai beach parks, this park is solely reserved for youngsters and women on Wednesdays. Visit Website to learn more about fishing trips in Dubai.

Read This Before Renting Co-working Spaces

Are you satisfied with your premises? If not, you must have considered a number of options before deciding to move to another place. Now that you are at it, there is no harm in considering different options. Start by making a list of options that you expect from your new workplace. If you work alone or have a small team comprising of few members only, renting a co-working space may be a great idea. These are small suites where one or more small businesses join hands to share the space. They’ll share the monthly or yearly rent too. It is a great opportunity to work and communicate with different teams. You and your staff get to know others and learn a lot of things. Moreover, you get all the facilities that you would get in a large office suite. Here is more on why finding adequate co-working spaces in Dubai is a great idea:

Better Than Working From Home

if you’ve been working from home for a while, you know how difficult it can be at times. You tend to feel bogged down and there is no one to cheer you up. Off course, workplaces are not meant to cheer each other up, but you do need someone to help you grasp things and help you out of trouble sometimes. According to Harvard Business Review study, people who work in co-working spaces tend to thrive more than those who work alone. However, the study also reveals that people don’t just thrive out of thin air. In fact, they might not if the co-work shared space lacks proper work environment. It is now evident that the space should be adequately designed and must look like a workplace, not a drawing room.

Work Experience

The second most important facet of working in a co-working shared space is the experience. You tend to work with people you don’t know, and learn things you never heard off before. Apart from this, the same can be said about the other team. In essence, you don’t just learn, but also gain adequate experience out of working together in a shared space. This will prove pivotal to your career and business in the longer run. Who knows you might learn things that you could utilize better someday.  Autonomy is another benefit that allows people take their decisions with freedom.

So, whether you are exploring business centers in Abu Dhabi or a co-working shared space, you will likely benefit in both cases.

How you can benefit from ERP and business intelligence

ERP and business intelligence solutions are a set of prebuilt solutions which are aimed at delivering intuitive and role-based intelligence to all the staff members in an organization right from the front-line employee to the senior most managers.  These business applications are aimed at ensuring that the entire system can aid in better decision-making, ensure informed business actions and smooth flow of various business processes.

Those who have previously indulged in programming and database development and implementation would surely agree that the use of database management and ERP systems developed by ERP software companies in Dubai has become quite common in the recent times. Therefore, any ardent database management expert out there should understand the critical role that these business intelligence applications and enterprise accounting software play in an organization.  Remember, databases are not just created to store data and archive. The same data is required for purposes of decision making from time to time.

These business intelligence applications are normally created for use in heterogeneous cases. Therefore, these solutions are meant to enable an organization to gain the right amount of insight from a diverse range of sources and applications.  These applications might include as a minimum; Oracle e-business, Siebel, PeopleSoft, and other third-party applications such as SAP.

What are BI applications built on and what are their benefits?

Oracle business intelligence applications and ERP resource solutions are normally built on the Oracle business applications suite enterprise software edition. The said applications are then used to help organizations get to understand and explore their full potential.  These business benefits include inbuilt best practices, rapid deployment, and lower TCO.  A business can still extend the same business intelligence solutions so as to suit their internal needs and requirements.

Therefore, BI solutions are mainly used to enable a wide range of businesses of whichever size to thrive. This is achieved by making sure that these businesses are now able to discover the various ways through which they can strategize, optimize their business operations, plan and even capture new market opportunities for increased sales and profits.  Therefore, the role of business intelligence applications is felt in three major ways. These are:

Business performance management

Business intelligence applications and ERP systems by ERP solution providers in UAE help businesses to forecast and plan with more precision. These applications also help businesses to align their finances and critical business operations.  The same applications go further to accelerate business reporting processes thereby leading to increased transparency and consumer confidence in your business.

Tips On Preparing Documents For Medical Translation

Medical translation of certain medical documents should be handled expertly as it may affect the well-being of the persons involved. That is why hiring a trusted medical document translation company to do the translation job.

However, before the translation can be done, the clients would need to prepare the documents thoroughly to ensure that the translation company would be able to do its job properly. Here are some prep tips you need before submitting it to your translator:

 

  • Review the document

The first thing that you need to do is to review the document for translation. It would be best if you have basic knowledge of the document so you will have a reference once the initial draft is in. Do not just focus on the literal meaning of the document but on the context that it is trying to convey. Take note of the medical terms and the names included in the document.

 

  • Make a synopsis or summary

Once you reviewed the document, you can now make a synopsis of what it is all about. This for the translator to have a general idea what it is all about. They can go straight to the document for translation, but giving them a summary would have them understand better the purpose of translation. Aside from the synopsis, include the technical brief for translation. This would include, number of pages, number of words (if necessary), and the timeline you are expecting the initial draft to be submitted. Most translation companies charge per word or per page translated, depending on the agreement. The technical specs would give them an estimate on how it cost.

 

  • Photocopy and scanned it

Medical records and transcripts are confidential documents. Be sure that you have a written approval from your superiors before you submit it for translation. It should also be scanned or photocopied. The original manuscript should stay in your office. Give the translator the photocopied documents instead. Do not forget to have the translation company sign a confidentiality waiver for your office’s protection.

 

  • Brief the translator on the project

Giving them the technical brief is a nice gesture but it would be best if you can explain it to them in person. This is for both parties to clarify things that are unclear and have a final agreement on the rate and deadline. You can set and manage your expectations as you can tell the translator company how you want the translation to be done.

 

  • Review the initial draft

The translation company would usually send an initial draft for checking and ask their feedback. It would be best if you know someone from your office who can review the document for you, but they should be able to read the translated document fluently.

Visit website to know more about medical translation.

Hiring a Professional Painting Service can save you – How?

House Painter Painting the Trim And Shutters of Home

Usually, people think that it is easy to do everything on their own. They think that they are qualified enough to paint a house. They consider it a quite easy task. According to them, painting a house is nothing other than slapping a coat of paint.

In actual, only a professional knows how to first prepare the house before you actually begin the painting job. If you don’t know about how to hire the house painting service in Dubai; here are some guidelines to assist you with the same:

Cost

If you see the long-term advantages, then you won’t say that hiring a professional service is a bad idea. Since you are a home owner, you have to bear the maintenance cost. A professional painter knows how to do his job in the perfect way. In the long term, it is quite effective for you.

Estimate of the painting

Before deciding on a contractor, it is important to get estimates from two or more painters so that you get the best deal. You can choose the painter that is close to your budget.

Warranty of the service

When you visit the painting service, make sure that you ask for the warranty. There are painting services that don’t offer the warranty. Usually, the warranty is given for 3 to 7 years. It is an ideal approach to hire a contractor that offers you warranty.

Insurance

Choose the painting services that are licensed and insured. So that if you incurred any loss during the painting job the painting services help you in recovering it.

Reduction in Maintenance cost

If your home is painted by a professional then it will not lose its shine easily. The shine will last for a longer period of time. As a result of which the maintenance cost will get reduced. You will save huge amount of money in the long run.

Time

Professional painters give you a time frame for the painting job. They are quite quick and know how to do their work efficiently. When you will think of doing it all alone, you will get stuck. Since you are not a professional painter, you don’t know the ins and outs of the painting. Furthermore, you will end up spending your precious time on something you are not aware of.

For the painting job, you can easily find painters in Dubai. The house painting services offer you several packages. You can choose the package that is convenient for you.