by Ramapati SinghaniaDubai joined the UAE in 1971 after the British forces left the Middle East. It was one of the first to join among the seven Emir ruled states - or Emirates. [Abu Dhabi, Sharjah, Ras Al Khaimah, Ajman, Umm Al Quwain, Fujairah, in addition to Dubai.]
Though UAE is under the complete control of […]
by Rich MuirAre you looking to start a business on your own?
There are two business structures that may be appropriate for a small outfit like yours: a single proprietorship (sole trader) or a registered company.
While you may consider setting up a single proprietorship, the Corporations Act of 2001 does allow you to set up […]
by Rich MuirWhile your company is a legal person by virtue of a certificate of registration, it will still need a live human being to perform specific acts on its behalf, like signing and submitting documents. For purposes of your company’s registration and operations, you will need to appoint a public officer to represent […]
by Rich MuirThe choice of a company’s name is crucial for every business or organisation. It may be a word or a series of words that is ideally used to set an entity apart from the other registered entities.
In Australia, it is the Australian Securities and Investments Commission (ASIC) that approves the choice of […]
by Rich MuirAustralia ranks No. 3 among 181 economies for “ease of starting a business” according to a summary of a study entitled, “Doing Business 2009″.
Indeed, it is relatively easy for anyone to set up a new company in Australia. Registration can be completed online and in as early as one day. Other […]
by Christine OKellyEach year, Sudden Cardiac Arrest (SCA) is responsible for the deaths of 350,000+ people in the United States. To ensure the survival of a victim, it is of immense importance to administer instant CPR and defibrillation within 4 minutes of a collapse. However, with an average emergency medical services response time of 8-12 […]
by Stephen NelsonIncorporating a professional practice offers self-employed professionals a convenient method for minimizing both taxes and legal liability. But the rules for incorporating a profession can be tricky. Fortunately, one can make the process easier and cleaner by following five easy-to-implement tips:
Tip #1: Verify You Need a Professional Corporation or Professional Service Corporation
State law […]
by Stephen NelsonLimited liability companies offer small businesses and their owners a wonderful way to minimize liability and their taxes. But the rules for when and how a professional forms a limited liability company are complicated. To make the process smoother and less burdensome, use these tips:
Tip #1: Verify Your Profession Needs (and Can Form) […]
by Tom WheelwrightWhen used correctly, C Corporations are a great way to supercharge a tax strategy. I find that when my clients make the most of their C Corporations, they reduce their taxes by a minimum of $10,000 every year.
- The Biggest Mistake With C Corporations -
The key to saving $10,000 in taxes every […]
by Rich MuirAs an honest company you have to pay your taxes in order to stay in business. There are a couple of things that can happen if you don’t pay your taxes though. First off, if you don’t pay your taxes on time and in the manner in which you are suppose to you […]
by Samantha BryantsIf you envision of changing your small company into company that will be a hub of good ideas for the reason
that once you form a company and considered it to be more of the personal responsibility for facing no loss in the
business. If one is seeking for the formation of a […]
by John MannAnyone who is keeping track of their mileage for tax purposes in the United States will realize that their mileage log has just gotten that much more important to maintain.
That’s because, as of July 1, 2008, the tax deduction for business mileage has been increased to $0.58 per mile. This increase means you […]
by Tom WheelwrightHave you thought about upgrading your equipment to the newest industry standards but were afraid of the cost? Or perhaps you want to improve your office to make it more comfortable for your patients? Do you need to upgrade your reception area to make it more efficient for your administrative staff […]
by Lindsay NolanWorkers compensation UK helps the workers and their families, to claim for compensation for injuries, illness or death that occurs due to carelessness, negligence or inadequate training in any workplace.
Accidents can occur unexpectedly and can disrupt the smooth functioning of day to day life. Carelessness is the prime cause of accidents, which […]
by Jay Allen FinnMany good folks each year fall behind in filing their tax returns. The largest reasons for not filing are fear of not knowing how to file and the thought of not being able to pay the balance due. Even if you are unable to pay you should file your return to avoid […]
by Joseph YoungHolding corporate meetings, writing corporate minutes and recording corporate resolutions is perhaps the most neglected duty by small business owners and operators. As a company director, officer, or shareholder it is your obligation to see to it that accurate and complete minutes are kept. In most states, it is also the law.
Why? Because […]
by Jonathan CooperOver the last few years, e-mail has largely replaced “snail mail” as the standard means of communication, as its speed and ease of use are vastly superior (not to mention more cost-effective and environmentally friendly). This revolution is not without its drawbacks, however.
First, almost everyone I know has, at one time or another, […]
by Jonathan CooperUnlike large corporations, who have in-house counsel, a small business is confronted by difficult choices when faced with the need for legal counsel - which firm do you hire? Do you look for a big firm or a small firm? In order to assist the small business owner in making these decisions, I […]
by Mr Leigh EllisPrivity of Contract
The principle that a person can not enforce obligations under a contract to which he is not a party to was established in the case of Tweedle v Atkinson (1861) 1 B. & S. 393 where A promised B that he would pay a sum of money to B’s son, […]
by Stephen NelsonNew small business owners often consider the incorporation option, which is logical. Incorporating a small business usually reduces the business owner’s legal liability, and also saves the owner, as well as any outside investors, a sizable amount of taxes.
Sometimes business owners will work with an attorney or accountant to get their help […]