VAT in UAE
GCC countries have decided to implement Value Added Tax in the entire region through a treaty signed by all member countries. UAE has already implemented the VAT laws and regulations with effect from January 1, 2018, along with Kingdom of Saudi Arabia.
Like any new legislation, there are always challenges that businesses face while readying themselves for VAT. We have an exclusive team of trained VAT Consultants in Dubai/UAE. Ably supported by our international team, the UAETAXSERVICES team will assist you to steer your business smoothly through the new tax laws.
Audit and Assurance
Auditing is not just about numbers; but much more than that. The auditing arena is undergoing a rapid transformation with various changes in regulations and technologies. Auditors play a constructive role in society by delivering added value to clients and critical insights to enhance the performance of the company. Businesses need auditors who understand their industry, geography, political and economic policy challenges, their long-term strategy, including any risks that need to be assessed and managed. They need advisors who can use this crucial information into the audit process in the most accurate manner.
Our approach assimilates rigorous standards of professional independence and objectivity, with a methodology that emphasizes on crucial risk areas and co-ordinates together our technical skill with detailed knowledge of your organization and the industry. With a focus that is specific to each business and industry, audit procedures are tailored to the operations and reporting requirements of clients. The experience of the audit team, covering many industries and service sectors, enables us to focus on critical areas of risk, adequacy of internal controls, and potential areas of fraud.
Our Accounting and Bookkeeping services in UAE include:
- Accounting & Book Keeping
- Online Accounting
- Accounting System Setup & Training
- Receivables & Payables Management
- Budgeting and Forecasting
- Data Entry or Transaction Processing
- Audit Support
- Reconciliation Assignments
- Management Reporting
- Accounting Supervision
- Sales Audit
- Physical Verification & Tagging of Inventories/Fixed Assets