Accounting and VAT

Accounting Services

Accounting and bookkeeping are essential to maintaining a healthy financial foundation meticulously track and analyze every financial transaction, helping you reduce risks and make informed decisions. By ensuring accurate financial records, we empower your business to grow and thrive.

With our professional bookkeeping team, you’ll experience increased operational efficiency, better risk evaluation, and enhanced asset protection—key factors in driving your overall success.

Trust the experts for precision and peace of mind in managing your financial health.

for any business in UAE. Our expert bookkeeping services

Top 6 Benefits to Outsourcing of Accounting
  • Cost Efficiency:Reduces overhead costs by eliminating the need for in-house staff, infrastructure, and software.
  • Expertise: Access to skilled professionals with deep knowledge of local regulations, including VAT and corporate tax.
  • Compliance: Ensures adherence to UAE’s accounting standards and legal requirements like ESR, UBO, and AML compliance.
  • Scalability: Services can be scaled up or down based on business needs without the hassle of hiring or firing.
  • Focus on Core Business: Frees up time and resources, allowing businesses to focus on growth and core operations.
  • Improved Accuracy: Professional firms provide accurate financial reporting and reduce the risk of errors.

VAT Services

1. VAT Registration:
  • Assistance with VAT registration for businesses that meet the required revenue thresholds (mandatory and voluntary).
  • Full support in collecting necessary documents, completing the application, and liaising with the FTA to ensure a smooth and timely registration process.
  • Guidance on VAT registration requirements and obligations for different types of businesses.
2. VAT Consultancy and Advisory
  • Expert VAT consultancy to help your business navigate the complexities of VAT laws and regulations in the UAE.
  • Strategic advice on optimizing VAT-related cash flows, managing VAT refunds, and minimizing liabilities.
  • Tailored solutions based on the nature of your business to ensure maximum compliance and benefit from VAT laws.
3. VAT Implementation
  • Assistance with VAT setup, from updating accounting systems to ensure VAT compliance to advising on pricing adjustments.
  • Review and update of invoices, accounting software, and documentation in line with VAT laws.
  • Comprehensive staff training to ensure your team is fully aware of VAT processes, filing, and record-keeping requirements.
4. VAT Return Filing
  • Professional VAT return preparation and submission services to ensure accurate and timely filing with the FTA.
  • Review of all transactions to ensure the correct VAT treatment and compliance.
  • Assistance with quarterly or monthly VAT returns, reducing the risk of errors or delays.
5. VAT Audit Support
  • Support in preparing for VAT audits, including document preparation, VAT compliance reviews, and guidance on best practices.
  • Representation during VAT audits and responses to queries from the FTA to mitigate risks and ensure a smooth audit process.
  • Post-audit support, including handling disputes, penalty mitigation, and necessary amendments.
6. VAT Health Check and Risk Assessment
  • Detailed review of your business's VAT processes and documentation to ensure full compliance with VAT regulations.
  • Identification of potential risks and liabilities, offering corrective actions to mitigate future penalties.
  • Periodic VAT health checks to ensure continuous compliance as VAT laws evolve in the UAE.
7. VAT Deregistration
  • Assistance with VAT deregistration if your business no longer meets the VAT threshold or ceases operations.
  • Ensuring all VAT obligations are met before deregistration to avoid fines or penalties.