Wednesday 27 June 2018

Auditor license in Dubai

Auditor license in Dubai, UAE has got plenty of chances to serve their clients. The need for an outside auditor for a business entity in Dubai is very essential, even though the annual audit is not compulsory in Dubai mainland. Many of the companies in Dubai are opting for an external Auditing license in Dubai in order to make sure that the books of accounts are properly maintained. In the case of free zones all the companies have to do annual audit by a certified auditor for renewing their trade license. Once an auditor is appointed for a company to review on regular basis, they verify the books of accounts of the company by visiting them on a regular basis and at the end of the year they prepare a detailed report to the management about the financial performance of the business.
Job description for Auditors
§  Ensure compliance with established internal control procedures by examining records, reports, operating practices, and documentation
§  Communicate audit findings by preparing a final audit report and discussing the findings with the company authorities.
§  Verify assets and liabilities by comparing items to documentation.
§  Review data about material assets, net worth, liabilities, capital stock, surplus, income and expenditures.
§  Comply with federal, state, and local security legal requirements by studying existing and new security legislation; enforcing adherence to requirements; advising management on needed actions.
Auditors in Dubai, UAE are normally enough qualified people having plenty of working experience in different business scenarios and academic qualification.
Who would require Audit?
·         All Free Zone Companies in the UAE and specially Dubai Airport Free Zone in order to renew their license
·         Hotels in order to file for their Municipality income tax
·         A company in the process of formation
·         A branch of foreign company
·         A branch of foreign company in the process of formation
·         Insurance Company to renew their license
·         Companies who want to know their financial status
·         Companies who need bank facilities
·         Foreign Exchange, e.g. Al Ansari Exchange & Western Union.
·         Financial Brokerage Firm
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Thursday 7 June 2018

Food Truck License in Dubai

Dubai is a place which is full of attractive sites, beautiful beaches, huge buildings, and the most gastronomical food. The Middle East is renowned for two things: that is oil and food. The new trend in the food industry in Dubai is the idea of food truck business. The whole idea of opening a food truck is taken from the West, and it has now reached the Middle East, with people tolerant and loving the whole picture of drinking from a street-side food truck. People in Dubai live a rich standard of living, eating in luxurious restaurants and hotels, but now that there’s been a insurgency in the streets of Dubai – a food mutiny – everyone’s willing to discover.
The food truck license Dubai first started when the gov’t of Abu Dhabi started given license for food truck business. After making its mark in the US and European market. The food truck business has become very common in Dubai markets and is now the most fruitful business setup in Dubai. The food truck business is very eye-catching in the view of venture capitalist but only if you have something new to feed the people of Dubai. In recent news, Dubai has got its first floating food truck named ‘Aqua Pod’ which will be serving the jet skiers, yachters, and other aquatic adventurous people in the Dubai Palm Lagoon, Al Sufouh and Kite Beach of Dubai’s Jumeirah region.

Why the Food Truck Business?

The food truck business in Dubai is driving in the lane of success with great pace, and the credit goes to the people of the Emirates who have made it famous. This new prospect in the Emirates’ food is luck for the people who are thinking of New Product Launches in Dubai in the food truck sector, and now is the best time to step in the market. Although opening a food truck business is not as easy as it look like, you need to have a suitable idea for business to get started. Food truck business needs less amount of capital, is less risky, and is a great opportunity to set up a business in Dubai.
Here are a few points as to why obtaining a food truck license in Dubai is a good idea.
  • The food truck business is growing at a rapid pace in Dubai. A number of investors in the city are showing interest to back up this industry.
  • The food truck business Dubai is creating a demand for function vehicles that are capable of supporting cooling and heating facilities.
  • Food truck license in Dubai creates fresh investment opportunities for people who are looking for better returns on their investment.
  • Unlike the restaurant business, food trucks give you the advantage of being mobile and reach most of the markets such as park, beach, streets and picnic areas, which will fetch more customers than a normal residential place.
  • One of the reasons to get a food truck license in Dubai is that, now people need a change in their food habits and give up their desires of eating super expensive food in five-star hotels. They prefer simple food which is easily accessible.

How to Get a Food Truck License in Dubai?

Dubai government carries out everything in a proper order and with a set code of conduct. Acquiring a food truck license in Dubai is a complex process. Anyone planning to set up business in Dubai in the food truck industry needs to get approval from 4 stakeholders who are: the Department of Economic Development (DED), Dubai Municipality, the Roads and Transport Authority (RTA) and the Dubai Electricity and Water Authority (DEWA).
Let us see the step-by-step procedure as to how to acquire a food truck license in Dubai:
  • The first and primary step would be to give your business plan to the DED and Dubai Municipality for support of the same. After the approval you can move on to the next step.
  • The food truck requirements to be supported by a central kitchen or a catering business. In the 2nd step, you need to submit a certificate of Hazard Analysis Critical Control Point (HACCP) kitchen layout for approval.
  • Create a blueprint of your truck because the design and fit-out of the truck are very important. You need to submit it and get an approval from the government authority.
  • Choose a location; your food truck company will depend on the type of area you will be pursuing in Dubai. So having the most operative and potential location for your food truck is a crucial step.
  • Buy a truck and plan it according to the fit-out accepted by the authorities. The truck should be kind of your kitchen and it should be adapted of handling the heat. Furthermore, there should be proper ventilation available in the truck.
  • The final step is to take a license for your food truck and start the cooking.
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