UAE Services

Our team of experienced accountants assist you in maintaining an accurate record of financial transactions, such as sales, purchases, and payments. This includes recording receipts and payments, tracking invoices and bills, reconciling bank statements preparing financial statements and generating periodical reports.

Reports are designed to provided either general purpose financial statements such as Balance Sheet, Income Statement or Cash Flow Statements or special purpose reports providing information in predetermined formats such as revenue reporting based on the line of business, employee productivity reporting and etc.

These services can be provided either on remote basis or by visiting your office premises.

Our team can assist in developing accounting manuals that will feature chart of accounts, procedures for recording transactions, documentation standards to be met by the company, roles and responsibilities of personnel involved in the accounting function, accounting software best suited for the company.

Our team has experience in performing audits and can assist your Company in the following:

Audit facilitation: Providing support in preparing audit documentation and facilitating audit of your Company’s financial statements through the Company’s Auditors
Internal control assessments: Evaluation the internal controls in the Company and its effectiveness and the risks associated with not having adequate internal controls
Agreed upon procedures: Assistance in specific procedures based on Company’s financial needs and arranging for report on findings from the Company’s Auditors

Our Tax Experts are typically abreast about indirect tax laws and regulations in the United Arab Emirates and can help the clients to meet their tax compliance obligations.
Some of the services offered by our team around tax advisory are as under:
• Review of tax compliance: We ensure that your business is meeting all the tax obligations and filing the tax returns accurately and in time. Our process involves accurately calculating, reporting, taxes in time
• Tax Health Check: We ensure that an independent review of your tax compliances will shed lights at the extent of compliance obligation that has been met by your company and will enable you to make corrective steps before the occurrence of tax audit by the Federal Tax Authority
• Tax Opinion: Businesses tend to face situations wherein they would need opinion on their financial transactions as a one-off request. Our team can provide tax opinions to validate the transactions and recommend the correct tax treatment
• Assistance in filing registration, refund, clarification, and reconsideration applications with the Federal Tax Authority

With experience in Corporate Income Taxes in other tax regimes, our team can assist your company in managing tax obligation and to optimize tax positions. Some of the services offered are:
• Tax advisory and consulting: Providing advisory support on the impact of tax regulations in Company’s operations, responding to tax queries and guidance on meeting tax obligations and various exemptions and elections available to the Company
• Transfer pricing (TP) review: Reviewing the status of current transfer pricing compliance and preparation of TP documentation, assessing TP risks on the Company’s operations to align with arm’s length principles and taxation treaties
• Corporate Tax implementation: Providing support in migrating the current financial processes and financial reporting to be in line with Corporate Tax regulations in the UAE
• Tax compliance: Assistance in Corporate Tax registrations. Other services such as return filing, grouping applications and etc, shall be provided as and when the window for such applications is made available by the Federal Tax Authority

These services include by deputing a CFO who is entrusted with strategic planning and includes financial analysis, forecasting, budgeting, risk management, financial reporting.

The Deputed CFO will act as a key member of your Execution team and shall be responsible to manage the Company’s finances and financial operations and as a result Company is able to make informed financial decisions, minimize financial risks, and focus on its core areas of business.

Outsourced CFO services provide a cost-effective solution for smaller businesses or startups that may not have the resources to hire a full-time CFO.

Our team can assist you in the following compliances:
• Economic Substance Regulations (ESR): Providing advisory and assistance in annual filing of notifications and reports. Guidance on requirements of ESR to meet the Economic Substance Test
• Country by Country Reporting: Providing assistance to UAE headquartered MNE Groups to file the CbCR notification and submit the CbC report by ensuring they are in line with the reporting requirements of the Ministry of Finance
• Anti Money Laundering (AML): Assisting in complying with AML rules and regulations by setting up AML policies and procedures, KYC and Customer due diligence processes.

Our team can guide you through the various options available to set up business in the UAE depending on your industry, capital structure, activity type, constitution of business. Services include the following:
• Advising on appropriate jurisdiction (Free Zone or Mainland) depending on the nature of activity
• Guidance on legal structure based on business needs.
• Assistance in drafting documentations, translations and other necessary forms
• PRO and visa assistance services