We at FINAL RATIO analyse Consulting as:
Accounting and bookkeeping, VAT consulting, corporate tax services, CFO services, business transformation, and advisory services are just a few of the many professional services we provide in Abu Dhabi. Our knowledgeable staff guarantees corporate expansion, financial effectiveness, and compliance.
Accounting and bookkeeping services involve recording financial transactions, maintaining ledgers, preparing financial statements, managing payroll, and ensuring tax compliance
Bookkeeping services include recording daily transactions, reconciling bank statements, preparing financial reports, tracking expenses, and ensuring compliance with financial regulations.
The fundamental bookkeeping tasks include maintaining accurate financial records, managing accounts payable and receivable, processing payroll, and generating financial statements.
Accounting services cover financial reporting, tax preparation, auditing, budgeting, cash flow management, and financial analysis for businesses.
A VAT consultant helps businesses with VAT registration, compliance, filing returns, tax planning, and ensuring adherence to UAE tax regulations.
Yes, VAT is charged on consultancy services in the UAE at the standard rate of 5%, unless the service qualifies for a specific exemption or zero-rating.
In most cases, consultancy fees in the UAE are subject to a 5% VAT charge, which must be included in the invoice issued to clients.
You can seek VAT advice from certified tax consultants, accounting firms, or the UAE’s Federal Tax Authority (FTA) for official guidance.
Yes, businesses can handle their own VAT registration and filing, but professional assistance is recommended to avoid errors and ensure compliance.
Businesses can ensure VAT compliance by maintaining accurate records, filing VAT returns on time, seeking professional tax advice, and following FTA guidelines.
VAT-deductible expenses include business-related purchases such as office supplies, utilities, professional services, and capital assets, provided they are used for taxable activities.
The corporate tax rate in Dubai and the UAE is 9% on taxable profits exceeding AED 375,000, with certain exemptions for free zone businesses and specific sectors.
All UAE businesses, except those engaged in natural resource extraction and qualifying free zone entities, must pay corporate tax if their taxable income exceeds AED 375,000.
Businesses must register with the FTA, maintain accurate financial records, calculate taxable income, and submit corporate tax returns online through the FTA portal.