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Statutory Audit
We conduct an integrated audit, which combines the financial statement audit,independent and objective assurance on financial information, transactionsand processes.
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Limited Review
We offer services relating to reviews of historical financial informationby expressing negative assurance on such historical financial information.
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Agreed Upon Procedures
We engage with organisationsto perform specific procedures and report findings to conform to their needs.
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Financial Reporting Advisory Services (FRAS)
Our team provides timely advice on the impact of accounting changes to assist businesses in the development of an appropriate implementation roadmap.
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Business Consulting
Grant Thornton UAE provides organisations with implementable plans that drive sustainable growth strategies to grow and optimise their business performance.
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Business Risk Services
Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton UAE helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.
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Regulatory Advisory Services
Grant Thornton UAE's extensive understanding of the overarching supervisory framework within the region equips our professionals to support financial institutions comply and abide by the set of regulatory mandates throughout the rapidly evolving ecosystem.
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M&A and Transactions Advisory
Grant Thornton UAE works with organisations on transactions from start to finish, assisting with strategy, identifying risks, executing deals, and helping to unlock their potential for growth and value creation.
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Restructuring Advisory
Grant Thornton UAE is committed to realising value for shareholders, in a way that recognises and supports the interests of all stakeholders. Our solutions maximise value, provide clarity and direction, and accelerate recovery and transformation for businesses.
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Technology Advisory & Cybersecurity
IT and technology are fundamental to drive the performance of businesses. Through leveraging the power of technology, Grant Thornton UAE helps organisations define and identify growth opportunities to achieve value-driven transformation and innovation.
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Forensics
Fraud and corruption pose a growing challenge worldwide. As the commercial landscape changes, an increasingly regulated environment requires stringent governance and compliance processes. Grant Thornton UAE helps organisations navigate challenges and crisis with a hands-on approach coupled with the use of technology.
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ESG Services
The Environment, Social and Governance (ESG) agenda has gained significant traction over the years, to become one of the key strategic aspects of any business. It is imperative that all organisations, irrespective of industry sector, engage with their stakeholders and prioritise ESG practices to unlock sustainable growth opportunities.
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Corporate Tax
Our diversified team of corporate tax subject matter experts combines a perfect blend of international experience across several industry sectors, technical expertise, and commercial nuances with a commitment to deliver exceptional value to your business.
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VAT
The VAT team at Grant Thornton is well versed with the VAT Laws applicable across the region and holds valuable experience and professional accreditation in assisting clients across diverse industries to comply with the VAT obligations.
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Transfer Pricing
Grant Thornton UAE assists its clients in providing transfer pricing solutions that are implementable and operational, considering the facts and concerns of its clients.
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International Tax and Tax Due Diligence
Grant Thornton UAE supports multinational groups to optimise their tax structures. We can also assist businesses in analysing existing group transactions and inter-group supplies, as well as advising on potential implications of various taxes to facilitate an efficient Group tax structure.
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Economic Substance Requirements
Economic Substance rules were introduced in the UAE in 2019, requiring UAE businesses that undertake certain ‘Relevant Activities’ to maintain and demonstrate adequate substance.
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Customs and International Trade
The team at Grant Thornton is positioned centrally to assist the businesses with global cross-border tax structuring, planning and compliance needs.
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Excise Tax
We provide Excise Tax related advisory and compliance services to the producer, importer, and the storekeeper of excisable goods
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Incorporation and PRO
We provide guidance and help with setting up new entities in the UAE’s mainland and all the UAE free zones, as well as re-domiciliation of companies in the UAE. Our team drafts the needed legal documents and interacts with government authorities on various regulatory matters.
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HR & Payroll Services
HR & Payroll Services
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Outsourcing Advisory Services
Outsourcing Advisory Services
Background
As one of the major global professional services organisations recognised by capital markets, regulators and international standards setting bodies, Grant Thornton has been built on the basis of transparency, connected thinking and driving real insight.
The global organisation that we recognise today dates to 1904, when Thornton & Thornton was formed in Oxford, UK. Twenty years later and on the other side of the Atlantic, 26-year-old senior accountant Alexander Richardson Grant established Alexander Grant & Co in Chicago, US.
Supporting dynamic organisations has been high on our agenda from the beginning. Thornton & Thornton advised automotive pioneer Morris Motors on its flotation in 1936 and also delivered international audit services before the Second World War.
We took our first steps to becoming a truly global organisation in 1979 when the UK and the US firms set up a new international organisation. Many of the original member firms remain in our global organisation, including the UAE, India, Costa Rica, Jamaica and Singapore.
Seven years later in 1986, the US and UK firms each changed their names to Grant Thornton and in 1997, the first International Business Centre opened to manage our cross-border activity.
Grant Thornton in the UAE
In 1966, the UAE member firm, which was founded by our Chairman Farouk Mohamed, joined the Grant Thornton network and has continued to grow exponentially over the last five decades.
We have a long legacy in the region which spans to over 55 years, therefore not only have we supported economic prosperity but have worked to support businesses who have started humbly and which today have become successful and profiled conglomerates.
The UAE practice is supported by over 600 locally-based professionals who are represented by over 50 nationalities, given diversity is a core fundamental to providing a holistic yet varied perspective to our client’s challenges.
Farouk established the business in 1966. He has been instrumental in building strategic business relationships across the region.
His client portfolio covers some of the largest names in the country including prominent multinational companies, some of the largest local public shareholding companies and many privately owned businesses.
He has over 40 years of business experience and has a particular interest in audit of financial institutions. He has vast experience and exposure in assurance, tax and management consultancy services, including preparation of documentation and company structure for IPO and listing within the local and international financial markets.
He has also worked with a number of leading family owned businesses and has guided them from concept to billion dollar businesses. Farouk is well known within the Emirate and region for being a leading advisor to family owned businesses and currently works closely with the founding generation, advising them on their international growth strategies.
Hisham is the CEO of Grant Thornton UAE who has successfully led the firm’s offices in Dubai, Abu Dhabi and Sharjah for over 10 years. With a focus on innovation with exemplary leadership, he has played a key role in transforming the firm into one of the fastest growing companies in the UAE.
Hisham is well-known for leading high-profile advisory engagements for some of the largest international conglomerates and local groups mainly in the finance, hospitality, real estate and construction, FMCG, and family business sectors.
He has worked closely with various financial institutions, providing advice on regulatory and compliance matters, whilst supporting firms with dispute resolution as an expert witness on arbitration cases across industries.
Hisham sits on the board of numerous companies in the UAE and region, including HBS Club in the GCC.
Hisham is a patron and avid mentor for entrepreneurial businesses and dynamic SMEs. He advises and mentors through TechStars, Fintech Hive, and Endeavor, helping develop the startup ecosystem in the region. He is a also a supporter of gender equality and part of the 30 % Club of the GCC and Reach to support and female entrepreneurs.