Accountancy And Auditing services
Chartered Accountancy is a professional practice of accounting, auditing, taxation, and financial assessment for an individual or organization. Chartered Accountant is a designation given to an accounting professional who has received certification from a statutory body that he/she is qualified to take care of the matters related to accounting and taxation of a business. Chartered accountant firms in Dubai undertake services like filing tax returns, auditing financial statements, and business practices, maintaining records of investments, preparing and reviewing financial reports and documents, etc. A professionally trained Chartered Accountant is also qualified to offer advisory services to clients which include companies and individuals. The job of a Chartered Accountant is one of the toughest ones in the world of business. The responsibility of a company’s financial health is largely dependent on its CA’s competency, for he/she not only advises the client on financial matters but also detects and prevents fraud and financial irregularities.
All companies operating in the Dubai Airport Free Zone are required to appoint an auditor from the Dubai Airport Free Zone Authority (DAFZA) Approved list of Auditors. To be able to handle this ultra-sensitive aspect of business, one can approach TGS Koyain Dubai, which is one of the leading chartered accountants and DAFZA auditors in Dubai for all the business needs and solutions with an unmatchable team of qualified professionals.
The services provided by the chartered accountant firm for the benefits and growth of the company are:
External Auditing – An external auditor performs its services based on International Standards on Auditing, audit local standards, relevant local law & regulation. External auditor also performs their services based on their internal policies and procedures designed to ensure that the high quality of services is maintained. External auditors also report the problems related to their auditing or communication with the management of the company to the audit committee.
Internal Auditing – Internal audit refers to an independent service to evaluate an organization’s internal controls, corporate practices, processes, and methods. An internal audit helps in securing compliance with the various laws applicable to an organization. An organization can prepare its accounts and records as per the applicable legal requirements and reporting with the help and guidance of auditing firms in Dubai.
Accounting – By understanding the present economic conditions of the company, setting up a budget will also help in setting a path for the future of the Business. It will assist the investors in making informed decisions about investing in the company.
Business Advisory – To identify their potential and surmount limitations in defined areas. The services offer recommendations on business strategies such as Budgeting and Cash Flow, Business Improvement and Transformation, Buying or Selling a Business, Profit Improvement, Software Selection, Succession Planning, and more.
VAT Services – The firm is fully equipped with a team of professional and experienced VAT experts who will help you to run your business smoothly by providing the best and most authentic VAT services in Dubai. They will understand your business evaluate the impact of VAT on your business and will ensure that all the functions of your business are in line with the laws of the Federal Tax Authority (FTA). The VAT Agents will ensure complete VAT compliance such as proper VAT invoice format timely filing of VAT returns and many other operations that will help you achieve your goals.
Economic Substance Regulation – Economic substance regulation applies to all licensing firms in UAE to control tax evasion whether they are individuals or corporates. This law applies to almost 11 countries around the globe.
Company Formation – Company formation in Dubai is a simple step-by-step process and does not require endless visits to a lawyer at every juncture of company formation. The procedures for company formation in Dubai are recognized to be legal and it includes the registration of the company name and licensing of business activity.
The leading Free Zone of the region lies at the center of trade and is part of a unique ecosystem that offers end-to-end solutions and growth opportunities to businesses that operate locally and globally. With all the right resources in one place, Jafza auditors in Dubai have the foundation for you to tap into fresh opportunities with suppliers, trade partners, and logistics providers to reduce your costs and increase your profits.
Comments
Post a Comment