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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
Compliance with NCEMA Guidelines
19 Mar 2020In a race against time, governments are issuing directives on effective precautions against the Novel Coronavirus (COVID-19) globally to prepare for what is to come as peak-virus over the next 4 to 6 weeks.
In the face of one of the biggest global pandemics the world has experienced in the 21st century, governments and health organizations increasingly encourage the public to practise isolation and social distancing. In the UAE, companies are opting for mobile working to ensure continuity of business operations.
The National Emergency Crisis and Disasters Management Authority (NCEMA) of the UAE has released the Business Continuity Readiness Guidelines for UAE Organizations (AE/SCNS/NCEMA 7002:2020) to maintain the provision of essential services and goods, and to reinforce sustainable cooperation as well as the importance of synergy between all concerned organizations.
The guideline instructs all organizations at federal, local, and private levels across the UAE to adopt the specified approach to assess the risks, threats, weaknesses and consequences to organizations as a result of the COVID-19 pandemic.
Recommended Actions
We, at Grant Thornton, understand that you want to be agile and responsive as the consequences of the COVID-19’s outbreak unfold. Therefore, we are here to support you and your organization as you adopt the guidelines provided by NCEMA, and to help you prepare to face the current crisis. In this context, you are recommended to implement the below easy-to-follow 6-step guide which will assist you in complying with the Government issued guidelines.
- Activate your business continuity plan by enabling procedures to respond to the current crisis.
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Ensure readiness of your IT infrastructure to implement “work from home” facilities for the foreseeable future.
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Ensure readiness of your employees to leverage digital tools to operate remotely and at flexible hours.
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Determine the number of employees for customer facing / backend jobs, and facilitate them to work from different locations in order to reduce contact.
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Coordinate with your third party service providers to ensure minimum disruption to your entire supply chain management of the business.
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Ensure data privacy and cyber security of your business while adopting innovative ways to operate in this crisis.
Contact us for a fast-track assessment of your organization readiness to comply with NCEMA 7002:2020 guidelines and to combat the risks this global pandemic poses to your organization. You can contact Avik Chandra, Associate Director of Transformation Advisory, for more information avik.chandra@ae.gt.com.