Featured Service
Outsourced CFO
CFO services provide businesses with access to experienced and skilled finance professionals on a part-time or contractual basis. The CFO solution offered will be customized based on the requirement of each client. Our specialized team offers a range of financial management expertise, including financial planning, analysis, budgeting and forecasting, cash flow management, reporting. By collaborating closely with your management team, our outsourced CFOs deliver strategic insights to drive growth, optimize profitability, and mitigate financial risks.
Outsourcing your CFO function to our team allows you to benefit from expert financial guidance while saving costs associated with hiring a full-time executive. With our dedicated professionals managing your financial needs, you can focus on your core business operations, knowing that your financial management is in the safe hands of experienced professionals. Experience the advantages of our virtual and onsite CFO services and propel your business toward sustainable growth.
Contact us today to learn more about how our services can enhance your company’s financial performance.
Featured Service
Accounting & Bookkeeping
Our experienced team provides tailored solutions for your unique accounting requirements, including guidance on financial reporting, accounting policies, suitable software, records reconstruction, payroll management, reporting and analytics, regulatory compliance, and implementation of new standards. We stay up-to-date with accounting regulations and industry best practices, ensuring accurate and reliable advice.
Partnering with us for accounting services gives you access to extensive knowledge and expertise and best market practices. We work closely with your team to understand your needs and provide customized solutions aligned with your objectives. Contact us today to learn how our services can support your business growth and success.
Featured Service
Corporate Finance and Assurance
Business Advisory
Our team can provide consultancy support on the various processes involved in building your business in this region, right from identifying the nature of licence required, the licencing authority (Onshore or Freezone), Accounting, HR and Tax advisory, and coordinating with the respective company service providers as your outsourced consultant.
Financial Modelling, Valuations and Due Diligence
Valuation and due diligence are integral to informed business decision-making. Valuation involves assessing the economic worth of a business or asset, considering financial performance, market conditions, and growth prospects. It helps stakeholders make informed choices regarding investments, acquisitions, or divestitures. On the other hand, due diligence entails a thorough investigation before entering into a transaction, examining financial records, contracts, and market analysis. It identifies risks, opportunities, and key value drivers, mitigating potential pitfalls.
Our expert team advises and assists businesses throughout the financial modelling, valuation and due diligence process, to empower clients to make informed decisions, and optimize investments. Partnering with us ensures you have the necessary insights to confidently pursue business opportunities, navigate transactions, and maximize value.
Resource mobilization
Resource mobilization is a crucial aspect of business success, and our services are designed to help you effectively manage and optimize your resources.
At our company, we specialize in resource mobilization strategies that enable businesses to leverage their assets, both tangible and intangible, to their fullest potential. We work closely with our clients to identify opportunities for resource optimization, whether it’s through better utilization of existing resources or acquiring new ones. Our team of experts develops tailored plans to streamline operations, enhance productivity, and maximize the return on investment.
By partnering with us for resource mobilization, you gain access to a wealth of knowledge and expertise that can drive your business forward. We understand the unique challenges and opportunities in today’s dynamic market environment, and we have the tools and strategies to help you make the most of your resources. Contact us today to explore how our resource mobilization solutions can benefit your business and pave the way for long-term success.
Assurance Services
Our Assurance services have been set up with the objective of driving operational excellence within your organization. It includes:
- Review of existing policies, procedures, controls and forms and identify areas for improvement.
- Advising and assisting in the internal and external audit process
Featured Service
Tax Advisory
Value Added Tax (VAT)
VAT was introduced in the UAE in 2018. Our services include:
- Assisting Vat Registration and implementation
- Assisting in filing periodic returns
- Assisting in making VAT payments
- Assisting your refund claim process
- Conducting VAT Compliance Reviews periodically
- Coordinating with FTA approved tax agents on your behalf, as and when required.
- Consulting on tax residency certificates
Corporate Tax
Recently, Corporate Tax was introduced in the UAE. The UAE’s Ministry of Finance (MoF) introduced 9% federal corporate tax rate for taxable income exceeding AED 375,000 while businesses with profits up to AED 375,000 will be categorized under 0% corporate tax rate. Federal corporate tax on business profits will be effective for financial years starting on or after 1 June 2023.
The following areas will not be affected by Corporate Tax in the UAE:
- Income from employment
- Income from investment in shares
- Personal income not related to UAE trade /business
Our team will advise and assist businesses in to enable corporate tax compliance. Our approach includes:
- Determining the residential status
- Determining the legal and management structure
- Transfer pricing requirements
- Assessment of transactions at arms’ length with related parties
- Offering solutions based on exemptions and reliefs offered by the tax law
- Evaluating allowable and disallowable expenses
- Corporate tax registration and subsequent filing of returns
Economic Substance Regulations (ESR)
The UAE issued Economic Substance Regulation in 2019 and several guidance thereafter. The Regulation requires UAE onshore and free zone companies and certain other business forms that carry out any of the defined “Relevant Activities” listed to submit regular ESR notifications and reporting.
Relevant Activities under ESR include but are not limited to:
- Banking Business
- Insurance Business
- Investment Fund management Business
- Lease – Finance Business
- Headquarters Business
- Shipping Business
- Holding Company Business
- Intellectual property Business (“IP”)
- Distribution and Service Centre Business
Our experts can assist you in assessing the applicability of the regulation as well as in filing notifications and reports.