ACCOUNTING AND TAX SERVICES

Accounting Services:

With our dedicated, trained professionals, and our use of the most effective information technology tools, we can assure timely communication with customers. Services include maintenance of general ledger, accounts payable, accounts receivable, financial records, and project accounting; our method ensures accuracy and timeliness.

The early stages are the time when you need to establish the structure that will support your company finances and help define your financial strategy, as you grow.

Accounting Services includes:

Accounting Software Implementation
Setup & migration of accounts
Setup of Chart of accounts
Bank and credit card reconciliations Setup
Recording of income & expenses
Fixed Asset & Depreciation Accounting

Payroll Accounting
Accounts Receivable management
Accounts Payable management
Financial Statements
Cash flow management and forecasting

Tax Services

VAT is a complex tax affecting every aspect of your business in the UAE and the worldwide market. As a self-assessing tax, it is the responsibility of the taxpayer to ensure they are accounting for the right amount of tax and at the right time. FTA carry out VAT inspections or audits at varying intervals. If they identify errors, the company shall be subjected to penal provisions including levy of tax, interest, and fines. we offer tax services to ensure that as a business your handling of VAT is in line with current FTA VAT laws and regulations.

Our services on Tax include:

Tax advisory
Tax Agent representation
VAT registration
VAT implementation
VAT return/refund filing

Purpose of a tax health check

Identify issues through a comprehensive review of tax compliance and treatment by taxation area and major accounts based on the understanding of management activities and industry-specific issues.
Develop appropriate solutions to minimize possible tax exposures and risks based on in-depth review of issue-specific laws and regulations and the quantification of potential tax effect.
Assist with application for rulings or interpretations by tax authorities on issues in question or dispute to minimize risks of uncertain tax liabilities from a possible challenge by the tax authorities.
Perform a comprehensive review of tax reconciliation to ensure all opportunities to reduce tax liability or to obtain refund of overpaid tax are identified.