We assist in keeping your financial books up to date and in compliance with local and international guidelines and practices.
Visas serve as an entry ticket for a person to visit, remain, or leave for a time in a country. We offer assistance in getting investor, employee, and dependent visas, among others.
Strategize your exit strategy and document your company’s cancellation of license through proper liquidation process.
Legitimacy of business starts at the acquisition of your license. Check out our best service offers on the license application, renewal, and cancellation.
Starting a business requires obtaining certain documents from government offices. However, over time, their policies are amended to catch up with the times. Our PROs are offers attestation, translation, notarisation, and contract typing.
Company formation in the UAE requires additional government approvals and documentation. Take advantage of our value-added offers on UAE trademark registration, mail management, and UAE bank account opening.
Accounting is important to every company because it helps them track the standing of their business in terms of income and expenditures. It also helps companies to ensure their statutory compliance and provide investors, management, and government with a precise quantitative financial report to help support in making business decisions.
Financial statements of companies should include the following:
1. Income statement providing the information about profit and loss
2. A balance sheet with a clear indication and picture of the financial position of the company on a particular date
3. Cash flow statement reporting the cash generated and spent during a specific period of time.
Companies established in the UAE must provide an annual activity report that is audited by an auditor to the Ministry of Finance (for trading companies) or to the Ministry of Industry (for industrial companies.) This requirement will serve as the company's primary document for the renewal of the company's license.
In general, companies incorporated in the UAE should maintain and keep their book of accounts for a minimum period of five (5) years.
Bookkeeping is an act of keeping track of all financial transactions and post debits and credits. It is an activity of recording the financial transactions of the company and is essential to the business's accounting process.
By freezing your license, you still have the intention of keeping it and reactivating it after three years at most. You must only pay a fee.
Yes, you will need to seek a NOC from your utility companies and other government departments to initiate company liquidation.
If the parent company is liquidated, the branch will be dissolved as well.
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