Services
Clients receive practical advice on business, accounting and taxation issues tailored to meet their objectives from experienced chartered accountants and business advisers. The firm has adequate resources to advice on complex financial matters.
Clients can be assured that the advice received takes into account the client’s culture and customs in addition to applicable laws and regulations, thus ensuring the success of their business.
A glance on services provided by the Firm is as below:
Accounting
The Firm provides accounting and company secretarial services not limited to as below:
- Review and compile financial statements,
- Review accounting procedures and internal controls,
- Implement or improve on computerized accounting systems (including ERP),
- Training and support to the accounting staff, and
- Book keeping and payroll services.
Value Added Tax
Taxation affects all businesses. Developing effective tax strategies that encompass the whole entity is essential. It is also a fact of life that the tax legislation a new regime for this region and it’s becoming ever more complex.
The Firm has specialist knowledge and experience to assist clients to deal with all the different aspects of taxation and we advise on below but not limited to:
- VAT impact analysis on an entity’s business,
- Preparatory tax consultation,
- Technical support and guidance for VAT accounting,
- Review of accounting software and recommending necessary changes,
- Preparation and filing of VAT return,
- Educating the entity’s staff for VAT related matters, and
- Ensuring VAT Decree-Law No. 8 and Tax Procedures Law No. 7 is appropriately adapted by an entity.
Advisory
We provide advisory services not limited as below:
Corporate Governance
As standards of corporate behavior come under increasing scrutiny, senior managers need to take into account the rules, regulations and best practices concerning Corporate Governance. Our specialists provide practical advice on business KPIs.
Risk Management We provide expert advice on risk management, review of not only financial risks but other areas including operations, resources, and reputation that can have a dramatic impact on the continuing success of an entity.
Internal Audit
Internal audit plays a valuable role in providing assurance that key controls are in place and operating effectively so that financial and other corporate risks are managed. We provide advice and assistance on the operation of internal audit service. Internal audit can also be outsourced to us.
Business valuations
These may be required for a variety of reasons. The Firm has experts with strong track records in establishing, valuing companies and other business structures. Where required, our reports are used as support in litigation or negotiations with tax authorities.
Feasibilities Studies
We provide services including long and short term budgeting, business plans, strategic decisions support, mergers, acquisitions analyses, payback period studies and dashboard for comparisons. We believe business needs a minimum of 5 years’ plans to be strategically successful.
Legal consultancy
We provide specialist advice on legal contracts between parties, contract writing including shareholders agreements. We also provide legal advice that how a business should be structured to optimize business goals, results, and taxes.