Value Added Tax (VAT) is an indirect tax levied at a standard rate of 5% on most goods and services supplied in the UAE. It is collected at each stage of the supply chain based on the value added. 

VAT was implemented in the United Arab Emirates on 1 January 2018 as part of the government’s initiative to diversify revenue sources. 

Businesses with taxable supplies and imports exceeding AED 375,000 per annum must register for VAT with the Federal Tax Authority (FTA). 

The standard VAT rate is 5%, applied to most goods and services across various sectors. 

Zero-rated supplies are taxable at 0%, allowing businesses to recover input VAT. These include exports, international transport, education, and healthcare services. 

Yes. Specific supplies such as residential property, local passenger transport, and certain financial services are exempt from VAT. 

Most VAT-registered businesses are required to file returns quarterly, although some may file monthly based on FTA requirements 

Yes. Registered businesses can recover VAT paid on eligible business expenses, provided they meet FTA documentation and compliance requirements. 

The Federal Tax Authority (FTA) is responsible for VAT administration, registration, filing, and enforcement. 

Failure to comply with VAT regulations may result in administrative penalties, fines, or suspension of tax registration by the FTA. 

Corporate Tax is a direct tax on the net profits of businesses operating in the UAE. It applies to income earned from business activities after deducting allowable expenses. 

Corporate Tax became effective from 1 June 2023, marking a major step in aligning with international tax standards. 

The standard Corporate Tax rate is 9% on taxable income exceeding AED 375,000, while income up to this threshold is taxed at 0% to support small businesses. 

Corporate Tax applies to UAE companies, foreign entities with a permanent establishment, and individuals conducting business activities under a commercial license. 

Qualifying Free Zone entities may benefit from a 0% Corporate Tax rate on qualifying income if they meet the prescribed conditions under the UAE Corporate Tax Law. 

Taxable income is determined based on the net accounting profit reported in financial statements, adjusted for deductible expenses, exemptions, and reliefs as per FTA guidelines. 

Corporate Tax returns must be filed electronically with the Federal Tax Authority (FTA) within nine months from the end of the relevant financial year. 

Yes. Tax losses can generally be carried forward and used to offset future taxable income, subject to specific conditions outlined by the FTA. 

Yes. Certain entities such as government bodies, extractive and non-extractive natural resource businesses, and qualifying public benefit entities may be exempt from Corporate Tax. 

The Federal Tax Authority (FTA) is responsible for administering, collecting, and enforcing Corporate Tax compliance across the UAE. 

We provide complete accounting and bookkeeping solutions, including recording daily transactions, maintaining ledgers, preparing financial reports, and ensuring compliance with UAE accounting and tax standards. 

Accurate bookkeeping helps you track performance, manage cash flow, and make informed financial decisions. 

Yes, we provide both on-site and cloud-based accounting solutions for flexibility and convenience. 

Absolutely. We design customized accounting systems suited to your business structure and compliance needs. 

Depending on your preference, we can update accounts daily, weekly, or monthly for real-time accuracy. 

It involves updating and correcting past financial records that have not been maintained or finalized. 

Clearing backlog ensures accurate financial reports, easier tax compliance, and better audit readiness. 

It depends on the data volume and complexity, but we work efficiently to meet deadlines. 

Yes. We specialize in clearing multiple years of pending accounts with complete documentation. 

Yes. We follow strict data privacy and confidentiality protocols throughout the process. 

We prepare balance sheets, income statements, cash flow statements, and equity reports in compliance with IFRS standards. 

It provides stakeholders with accurate insights into business performance and supports compliance with UAE regulations. 

Yes. We tailor reports to highlight KPIs and performance trends relevant to your business. 

Yes. Our reports follow UAE-approved accounting standards suitable for audits and FTA submissions. 

Absolutely. We provide ratio analysis, variance reports, and insights to improve profitability and efficiency. 

Our CFO services provide expert financial leadership for budgeting, forecasting, and business strategy without the cost of a full-time CFO. 

By offering data-driven insights, strategic planning, and cash flow optimization to guide business expansion. 

Yes. We help with financial modeling, investor reports, and funding strategy preparation. 

Yes. We offer flexible and affordable CFO solutions tailored for SMEs and startups. 

Yes. We conduct monthly or quarterly reviews to assess financial health and recommend improvements. 

It determines the accurate value of stock held by your business at a specific date for reporting and taxation purposes. 

It affects your profit margins, cost of goods sold, and overall financial position. 

We apply methods like FIFO, Weighted Average Cost, or Specific Identification as per your business type. 

Yes. We assist in stock audits and physical verifications for accuracy. 

Ideally quarterly or annually, depending on your business size and industry requirements. 

We offer a full range of audit services, including External Audit, Internal Audit, and Statutory Audit, ensuring your financial statements are accurate, transparent, and compliant with UAE regulations and international standards. 

An audit enhances financial credibility and transparency, ensures compliance with laws, and helps identify risks or inefficiencies — building trust with investors, banks, and stakeholders. 

In the UAE, most companies are required to conduct an annual audit. However, some businesses also choose periodic internal audits to strengthen financial control and governance. 

An internal audit focuses on internal controls, risk management, and operational efficiency, while an external audit independently verifies the accuracy of financial statements for legal and regulatory purposes. 

Our audit team follows International Standards on Auditing (ISA) and UAE regulatory requirements. We maintain accuracy, independence, and confidentiality throughout every stage of the audit. 

We help organize financial data, prepare audit schedules, and coordinate with external auditors for a smooth process. 

We assist with Tally, Zoho Books, QuickBooks, sage, Odoo,, Xero, and ERP systems. 

We assess your business size, processes, and reporting needs before recommending suitable software. 

Yes. We manage installation, chart of accounts setup, customization, and integration. 

Absolutely. We ensure secure and accurate data migration from your previous accounting platforms. 

Yes. Our team offers maintenance, troubleshooting, and user support post-implementation. 

It’s the process of transferring financial data from one accounting system to another securely and accurately. 

It prevents data loss, maintains accuracy, and ensures smooth transition between systems. 

Yes. We handle migrations from Excel, legacy systems, or manual records to modern software. 

We use data validation and reconciliation checks to ensure 100% accuracy. 

Yes. We follow strict data protection standards throughout the migration process. 

We provide hands-on training for Tally, Zoho Books, QuickBooks, Xero, and ERP systems. 

Our training is designed for accountants, finance teams, and business owners. 

Yes. We tailor sessions to your software, industry, and team skill level. 

Yes. Training is available both in-person and virtually for flexibility. 

Yes. We offer follow-up assistance to ensure your team applies their new skills confidently.