A formal document issued by a seller to a buyer specifying the goods or services provided, amounts due, and payment terms. In the UAE, VAT-registered businesses must issue tax invoices that include the supplier's TRN (Tax Registration Number), the date, VAT amount, and other FTA-required details.
Read MoreA journal entry is a record of a financial transaction in a company's accounting records.
Read MoreA key performance indicator (KPI) is a measurable value that is used to assess the performance of an organization, team, or individual against a set of targets or objectives.
Read MoreLast Twelve Months (LTM) is a term used to refer to the most recent twelve months for which financial data is available.
Read MoreAny financial obligation or debt owed by a business — including loans, accounts payable, VAT payable, and accrued expenses. UAE businesses must clearly distinguish between current liabilities (due within 12 months) and long-term liabilities on their balance sheet.
Read MoreThe legal authorisation issued by UAE authorities permitting a business to operate specific commercial activities.
Read MoreA limited liability company (LLC) is a type of business entity that provides its owners with limited liability protection.
Read MoreA lock-up period is a contractual agreement between a company and its investors that restricts the sale of the company's shares for a certain period of time.
Read MoreA UAE company registered with the Department of Economic Development (DED), licensed to trade across the UAE without geographical restrictions.
Read MoreInternal financial reports — typically monthly or quarterly — prepared for business owners and management rather than for regulatory filing.
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