We hosted an insightful webinar on tax governance and risk management in the evolving UAE tax landscape.
Our session covered critical topics such as tax governance frameworks, strategic tax policy development, compliance and reporting, transfer pricing, and VAT procedures. Attendees had the opportunity to engage with experts during our interactive Q&A session, equipping them with the knowledge and strategies needed to navigate the complexities of the new tax era.
Services
We approach each audit with sharp thought, straight talk and common sense. In addition to verifying that financial results are fairly presented and meet...
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In-Country Value (ICV)
ICV certification guidance from Grant Thornton UAE—your partner in compliance, competitiveness and growth.
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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.
As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of...
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Consulting services
Unlock growth, drive transformation, and deliver measurable results. At Grant Thornton UAE, our consulting team partners with you to solve your most complex business challenges. We combine deep technical expertise, global frameworks, and local market insight to help you achieve sustainable growth and operational excellence.
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Business risk services
We assist in addressing risk in both proactive and responsive contexts. Our team can help you achieve the best balance between minimizing risk exposure, optimizing profitability and developing compliance review checklists. We deploy our diverse pool of controls professionals, compliance specialists, security professionals, and risk consultants to meet complex requirements.
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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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Financial 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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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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Business Process Solutions
Our team at Grant Thornton offers comprehensive and cost effective outsourced solutions, enabling stakeholders and business owners to focus on their core business goals.
Tax policy reforms and the introduction of new tax regulations across the GCC are creating huge challenges for organisations. Grant Thornton UAE offers a...
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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
Helping Chinese businesses navigate the Middle East with strategic advice on partnerships, market entry and cross-border operations, backed by deep regional...
Supporting high-net-worth individuals, entrepreneurs and businesses of Indian origin with tailored guidance on market entry, regulatory compliance and...
Build confidence in your financial reporting
We help clients reinforce confidence in their financial reporting through internal controls over financial reporting (ICFR) assessments. ICFR refers to the processes and controls in place to ensure the accuracy and reliability of an organisation’s financial statements. With increasing regulatory focus from bodies such as the Abu Dhabi Accountability Authority (ADAA), the Securities and Commodities Authority (SCA), and the UAE Accountability Authority (UAEAA), ICFR has become a cornerstone of corporate transparency and governance. We support clients in aligning with local governance frameworks, while embedding global best practices.
Our team supports you with
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Report evaluations
Evaluating and testing the design and effectiveness of your financial reporting controls against local and global standards.
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Deficiency identification
Identifying control deficiencies that could impact financial statement accuracy and working with management to remediate them.
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Process documentation
Documentation of processes, controls testing, remediation support, and preparation for external audits or regulatory inspections.
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Increasing effiency
Enhancing the efficiency and effectiveness of ICFR frameworks through structured control rationalization to streamline activities, eliminate redundancies, and achieve optimal coverage with reduced complexity.
Whether you need a readiness assessment for regulatory compliance (such as UAE Securities and Commodities Authority requirements for public companies) or an ongoing testing partner, we offer the expertise to strengthen your ICFR programme.
With robust ICFR in place, organisations not only comply with requirements but also benefit from better decision-making based on trustworthy financial information.
Discover our relevant insights on ICOFR
View more
WEBINAR
Navigating ICOFR requirements for insurance companies
THOUGHT LEADERSHIP
Internal Controls over Financial Reporting (ICOFR)
The amendments emphasise the need for public joint stock companies to establish comprehensive internal control and risk management systems that align with global standards, particularly the COSO framework, tailored to their size, nature, and operational complexity.
To learn more on what steps to take for compliance, read our report:
Business risk and Audit
UAE Accountability Authority (UAEAA) Governance Requirements
The UAE Accountability Authority (UAEAA) has issued Resolution No. (154) of 2024, mandating compliance with new auditor appointment rules as outlined in Federal Law No. (56) of 2023, and Resolution No. (159) of 2024, mandating Internal Audit Rules for UAEAA subject entities. These rules, effective immediately, align closely with the standards set by the Abu Dhabi Accountability Authority (ADAA).
