1 / 36

Accouting and Bookkeeping services in Dubai

We have a fast-growing team of qualified & dedicated professionals with innovative and commercial approach to meet todayu2019s highly challenging business environment. Our services include: Bookkeeping & Accounting, VAT Consultancy, TAX Agent Services, Financial Services, Management Accounting, Internal Audit.<br>

kbameaccounting
Download Presentation

Accouting and Bookkeeping services in Dubai

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Company Profile

  2. Behind Every Good Business is a Great Accountant!

  3. Who We Are 2 2

  4. If you are looking for a professional regional accounting firm that can help with UAE VAT implementation or best audit firm in the UAE, you’re in the right place! Read to learn how we can help you to grow your business. KBA is a regulated & certified Value Added Tax (VAT) Agency & Accounting firm which is listed with the Federal Tax Authority (FTA) (TAAN – 20036034, TAN – 30001937). We provide value-driven, cost-effective, custom-tailored solutions to businesses across Dubai and all over the UAE. Experts at our accounting firm in Dubai help businesses identify crucial needs within their systems, and provide customized solutions that address them efficiently. We offer a wide range of services including accounting and bookkeeping & CFO consulting, internal audits and VAT consultancy for all VAT related services. 3

  5. Our Philosophy 4

  6. Mission We are open and honest and strive to provide pro-active business advice that helps businesses and individuals meet their commercial obligations and save as much tax as possible within the confines of the law. Vision We are a dedicated team of professionals with the talent, knowledge, and experience necessary to provide tax, accounting, and auditing services with the accuracy and reliability you can trust and the personal attention you deserve. We are passionate about our business and proud of our longstanding expertise and number of satisfied clients. We guarantee every client an efficient service that exceeds their expectations. Values We will work closely with our clients to make sure we know what their goals are, where they are financially and where they want to be in the future so that every service we provide is personal and custom-tailored for our clients. 5

  7. 6

  8. Meet Managing Partner Emad Al Qudah, CMA Managing Partner at KBA Accounting and Bookkeeping Services LLC. Certified Management Accountant, member of Institute of Management Accountants (IMA), certified for ISO Internal Auditing Procedures with B.Sc. accounting. With combined experience in trading, retail and construction, in Dubai and Amman as well and years of experience in consulting for SME’s. 7

  9. Index 8

  10. 10 12 • In Numbers • Our Services 14 • Tax Consultancy • Accounting and Bookkeeping 18 • CFO Services 20 • Internal Audit • Due Diligence 22 • Feasibility Study 24 • Business Plan 26 28 • Top Industry Practices 30 • Contacts 32 9

  11. In Numbers 10

  12. 99% Client Retention 600+ Clients AED800+ m Deals 50+ Years Combined Experience 30+ Highly Trained Professionals 11

  13. Our Services 12 12

  14. We help our clients to make informed decisions and operate effectively within them. We are open and honest and strive to provide pro-active business advice that helps businesses and individuals meet their commercial obligations and save as much tax as possible within the confines of the law. • Tax Consultancy • Accounting and Bookkeeping • Outsourcing/ Recruitment • CFO Services • Internal Audit • Due Diligence • Feasibility Study • Business Plan 13

  15. Our Services Tax Consultancy 14

  16. Conscious of the development and investments realized over the last few years, and keeping in mind the tax and accounting specificities of this industry, KBA provides a range of specialized services intended to respond to the specific needs of this business. Tax Consultancy: Tax Concept Broad • We provide a list of documents required for registration and also we review your documents to make sure they comply with FTA. In addition to that following up with FTA with regard to the registration and updating you on regular basis would be taken care of. • We train staffs of all levels on overview of VAT and focusing on the impact of VAT on their business process. • We check all your documents and provide advice on your VAT related concerns. • We review your case with regard to FTA and provide solution for the same and also reconsideration will be submitted on behalf of you to FTA. In addition to that we do follow-ups with FTA to check the status of the reconsideration. • We advise on eligibility for VAT de-registration and based on the review, we will contact FTA to make sure de-registration process is carried out according to its guidelines and we do de-registration on behalf of you. 15

  17. Our Services Tax Consultancy: Tax Services • We provide guidance on accounting of VAT and also performing tax audit at regular intervals to make sure that the tax is properly recorded as per the FTA requirements. • Similar services as VAT consulting (in a manner that it does not affect your company’s cash flow), VAT return filing as per UAE VAT laws and assessment of VAT on your sales and purchase ledger is our specialty. • Review of export and import and advising both on reverse charge mechanism and also impact of tax in import of goods, plus checking your documents to make sure they are abide with UAE tax law are among our scope. • Monitoring and reviewing of transactions which are exempted from tax and providing report for them, plus doing VAT reconciliation report and its financial effect on cash flow would definitely be taken care of. • We are in for appointing KBA as a tax agency through your FTA portal and also assisting you for tax audit from FTA, plus we provide on call support for VAT related queries and concerns. 16

  18. Our Services Tax Consultancy: Excise Tax • We provide guidance on accounting of excise tax plus reviewing and reporting of tax implications which may include the study of specific transaction. • Assessment of excise tax on sales, purchase and inventory ledger will be done on our side. • Tax audits at regular intervals to make sure that the excise tax rates are properly applied on products as per FTA regulation, is in safe hands with us. • We will verify the tax calculation sheet and make sure of no discrepancy. • We provide monthly excise return filing as per UAE Excise Regulation. • We assist you to ensure that the documents maintained for the excisable goods are in line with the requirement of UAE Excise Law. • We will update you on any new regulation that is issued or clarified by the FTA. • Assistance in excise tax audits, disputes and dealing with the excise tax authorities plus assisting in any excise tax related concern on the whole are within our scope. 17

  19. Our Services Accounting & Bookkeeping 18

  20. With the help of our professional services, you can save the time you’d invest in keeping your own books. You can be more productive managing your advertising campaigns, talking to more clients and doing the things that really help your business earning more profits. We implement our services in compliance to the highest international standards to ensure top-notch quality and results. • Creating chart of accounts as per company structure & management requirements • Preparing and verifying balance sheet as of the cut-off date approved by the management • Setting up procedures to make sure the financials are recorded accurately • Advice clients on inventory management • Recording of monthly transaction including sales, expenses, bank entries, etc. • Booking of monthly entries including depreciation, accrual, prepaid expenses and etc. before closing the books of accounts. • Evaluation of financial statements • MIS reports as per management request (aging report, cost centre analysis, revenue and cost trend analysis) 19

  21. Our Services CFO Services 20

  22. Market Research and Business Plan Business and Advisory Services Assisting in Raising Fund Accounting CFO Services Business Restructuring Benchmarking ERP Implementation 21

  23. Our Services Internal Audit 22

  24. COMPLIANCE AUDITS Which address issues relating to financial integrity, compliance with IFRS & ISA and the safeguarding of assets. PERFORMANCE AUDITS Comprehensive reviews addressing issues related to effectiveness, efficiency and programme management. INFORMATION TECHNOLOGY AUDITS Which address issues relating to security and application controls, and effectiveness of electronic data processing systems. MANAGEMENT CONSULTING SERVICES At the request of management to address emerging issues in the competitive market. 23

  25. Our Services Due Diligence 24

  26. Buying or investing in any business presents a risk, but this can be mitigated through a thorough approach to due diligence services. There are many questions to consider in any potential business purchase. Conducting due diligence helps you minimise the chance of unwanted surprises after the transaction is completed. Our due diligence services can help you identify and manage transaction risks and setup the right corporate structure for the acquisition. We can help you make a well-informed decision about the proposed acquisition through careful analysis of: • • • • • • • • Forecast earnings and cash flows Historical earnings and cash flows Working capital requirements Key business drivers Financial position Accounting policies Financial reporting systems and processes; and Tax compliance 25

  27. Our Services Financial Feasibility Study 26

  28. Prior to entering a new business, it is important to understand the nature of the markets, the expected financial returns and the risks that surround these expected outcomes. A financial feasibility study provides financial metrics based on cash-flow projections and determines the viability of the project. Our experience and resources along with a deep understanding of the market here in the UAE will help us determine whether our client’s new business ventures or existing project has a sufficient likelihood of being feasible. 27

  29. Our Services Business Plan 28

  30. KBA can support you with a comprehensive business plan to prove to investors and partners that you can deliver on your promises. We can help you optimize your strategy; research and analyze your market and competition; and create a clear and compelling business plan to articulate your vision while you can focus on developing your product, finding customers, and building your team. 29

  31. Top Industry Practices 30

  32. Trading Construction, Contracting and Real Estate Manufacturing and Distribution (Import/Export) Retail and F&B Healthcare 31

  33. Contacts 32

  34. P.O. Box: 120802, Dubai, UAE 801 API World Tower, Sheikh Zayed Road T +971 4 3962233 F +971 4 3962234 kbame.com 33

  35. kbame.com

More Related