Accounting & VAT
Business Accounting Services
We will connect you with the best chartered accountants and bookkeepers for high-quality and accurate accounting services, which will save you time for other significant areas for your business.
Our seasoned accountants use the best-on market accounting algorithms such as QuickBooks, Peachtree, Tally, and other commonly used accounting software.
We can assist with inventory verification on a regular basis which incorporates marking physically verified stocks, identifying damaged and slow-moving or obsolete items, and more.
For broader financial services we can redirect you to our associate companies.
VAT Registration in The UAE Services
The UAE government implemented a Value Added Tax (VAT) Act on January 1, 2018 on a variety of commodities throughout the nation at an average rate of 5%. Businesses in the UAE may take advantage of VAT registration to recoup some of the costs that may occur as a result of this new tax.
VAT applies equally on tax-registered businesses managed on the UAE mainland and in the free zones. However, if the UAE Cabinet defines a certain free zone as a ‘designated zone’, it must be treated as outside the UAE for tax purposes. The transfer of goods between designated zones are tax-free.