By unlocking the potential for growth in our people, clients and our communities we believe we can help shape a dynamic economy in the UAE.
As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of opportunities, challenges and risks.
We approach each audit with sharp thought, straight talk and common sense. In addition to verifying that financial results are fairly presented and meet applicable professional standards, we provide observations and insight into the real performance of your business.
VAT: As part of the stabilisation strategy, we have witnessed several regulatory changes, with the recent one being the introduction of Value-Added Tax (VAT), which will be implemented from 1 January 2018 across the GCC.
Senior management teams are under constant time pressures; however, the accounting and finance needs of a business cannot be put on hold. We work with our domestic and multinational clients to put together a process and system to manage their accounting and payroll function.
In the press
A report by Grant Thornton has found that, like their global counterparts, the Gulf Cooperative Council (GCC) countries of Bahrain, Kuwait, Oman, Qatar, Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE), highlights two key features of regional labour markets. There is a general skills shortage as the region embarks on ambitious programmes toward significantly more diversified economies. Over the long-term, though, the economies will be transformed for the better by innovative use of labour-saving technology.
His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE has approved Law No. 7 of 2017 issuing the Tax Procedure Law (‘the Law’). The Law shall be regulated by the recently formed Federal Tax Authority (FTA) of the UAE by the Ministry of Finance.
Saudi Arabia releases its draft VAT implementation regulations, which will now be open to public consultation.