rbsauditing, Author at rbsauditing

Vat Consultancy Services in Dubai

A VAT-registered small business can submit a VAT Return to HMRC to pay the owed amount or claim VAT on business expenses. You have many options for submitting your VAT returns. One option is to submit it online. But, the best way to do so is to use a VAT Consultancy Services in Dubai.

As you can see it doesn’t matter who files the return. All that matters is that it is submitted on time and includes all necessary information.

With their extensive knowledge and expertise in VAT registration and a proven track record, Dubai VAT consultants can resolve all issues related to VAT, including VAT consulting, VAT training, Free Zone auditing, returns and tax laws and regulations. Since the introduction of VAT in January 2018, Dubai’s top VAT consultants have been sought by businesses. They are registered with UAE’s Federal Tax Authority (FTA), as a tax agency, and dedicated agent. To comply with UAE VAT Laws, the proper and structured implementation of VAT is now a requirement.

How Dubai VAT Consultants Can Help Businesses

Since 1 January 2018, the UAE VAT regulations were implemented. VAT consultants have been helping businesses comply since then. Business owners can get help from VAT consultants to plan their taxes efficiently and help them manage their working capital. Businesses can be guided by VAT consultants through both VAT Compliance and VAT Advisory services.

Here are some of the major VAT compliance services offered by Dubai VAT Consultants

Make sure that you submit your VAT returns and reconciled them on time
Reconciliation, return and VAT records.
Provide advice to clients regarding clarifications of FTA notifications
Representation before the FTA in tax matters
Modification and review of source documents
VAT planning in UAE
Services for VAT advice
To suggest whether VAT should be registered as a single entity, or as a tax group
A reverse charge for imports: Applicability
Training and awareness for staff on VAT

VAT Registration in Dubai

Businesses with taxable imports or supplies exceeding AED 375,000 (USD 1000) must apply for VAT registration. Businesses with taxable supplies or imports of between AED 187.500 and 375,000 are permitted to apply for VAT registration under the UAE VAT law. Businesses whose taxable imports and supplies are less than AED 187.500 are not required by law to register for VAT. Online applications for VAT registration are possible. However, businesses may seek out the assistance of VAT Consultancies in the UAE to ensure that the process is properly executed. It is important to note that all names, whether they are company owners, managers, or authorized persons, must be entered in the Arabic Language.

Conclusion
RBS has qualified VAT consultants with local experience in VAT accounting and VAT filing. They can also help you to refund VAT. RBS is the best VAT Consultancy Services in Sharjah. RBS has a registered Arabic-speaking tax agent at the Federal Tax Authority (FTA). This tax agent can assist with any tax-related matter and can represent companies in tax cases against FTA.

Vat Consultancy Services In Dubai

Dive In for Business Valuation safely with RBS auditing

Starting a new business is not only dependent on the money that you have invested, but the structure of your business defines your aims. If you choose the wrong shape for your business, it will only lead you to risks. Our company RBS Auditing offers Business Valuation Services in Dubai and Abu Dhabito help you grasp the exact worth of your company. Some key factors, such as assets, liabilities, management, market, etc., are crucial to determining the company’s position and help in the decision-making to discover the best advantages.

What Exactly Is Business Valuation?

The valuation of any business is significant to understand the current value of that business keeping various factors in mind, such as the management, assets, liabilities, income, and the position of that company. Undergoing the Business Valuation Services in UAE would become easy for the stakeholders to make remarkable decisions for the company if they are aware of the value of that company.

Perks of Business Valuation-

Business valuation can be profitable for you in several ways,

Business valuation improves the goodwill of the company as per the market environment.
It attracts investors to the company by increasing its exact value.
The current valuation help in discovering the basic details of the company’s assets and liabilities. Hence, you would be able to restructure the company according to you.
The valuation of your company help in making long-term decisions regarding business diversification.
The high value of your company helps in building trust by making it easy for you to take loans in the future.

The valuation of any business is due to various reasons given below-

Goodwill Deterioration
Mergers or purchases
Reorganization and Bankruptcies
Shareholders oppression cases
Funding or financing
Litigation and ownership disputes
Business Planning
Buy or Sell contracts

There are also various tools and programs provided by our company to help you make varied smart decisions for expanding your business, such as Comparative Financial ratio analysis, Ratio analysis, and analysis of going concern concept.

If you are also looking for your business valuation, and have found our services to the point, then please feel free to visit our website for further details, or else you can also contact our customer care available round the clock to solve all your queries regarding our services. Our company also delivers Business Consultancy Services Dubai, Abu Dhabi and Sharjah. If you need more details and help regarding these services then ping us. We are here to serve all your need for these services.

Business Valuation Services

How do You pick the Best Auditor for Your Company?

An audit is comparable to yearly physicals. You probably don’t look forward to having one, but in the long run, you must do so for you to function properly. You must lay the groundwork before selecting Auditors in Sharjah for your business to identify the ideal fusion of skills, experience, compatibility, and several other attributes. You place a high value on your business, so how could you possibly ignore your finances? Let’s examine ways to locate the ideal auditor for your business.

Seek a qualified firm: Make sure the auditors and the firm are qualified to manage the financial reports for your organization before selecting any auditor. To be qualified, a company or individual must have years of experience, be a member of the community, and have approved and authorized status. Your initial lead examination should focus on whether the accomplice satisfies the requirements that an auditor should have.
Meet in person: Always meet in person with the auditors who will be working with your business. A face-to-face encounter would provide a foundation for mutual understanding, make communication easier, and enable you to interact successfully throughout additional sittings. This will guarantee the company’s cultural fit with both you and your business.
One-stop solution provider: It is always advised to work with an accounting & auditing firm that offers a wider range of services, such as Auditing, Accounting, Taxation, Legal, and Consultancy when it comes to handling your private financial data because they can give you all the services you require as a one-stop shop and offer trustworthy and high-quality solutions. As your staff gained knowledge from professionals, it saves you time, and energy, and increases productivity.
Look for the feedback: Some of the sources that will show you the reliability and caliber of the job done by the organization include its market reputation, the institutions with which it is linked, and client testimonials. Above all, these sources will assist you in reference checking when necessary.

Choose RBS auditing as your auditor and accountant-

RBS Auditing is a certified auditing and accounting business and a Federal Tax Authority of UAE-approved tax agency. With our auditing, accounting, company finance, VAT, and consulting services, we provide you with a one-stop shop for all of your business needs. Our clients have praised RBS as one of the best and most effective audit firms in the UAE. Our audits have been able to identify any tax errors made by businesses and assist them in maintaining compliance with the tax laws. We also offer UAE Freezone Company Liquidation to all varieties of enterprises.

Finding the ideal auditor may seem difficult, but the more time you spend doing so will result in a stronger connection and better audit outcomes.

Auditors

Liquidation strategies to deal with the debts

Just presume, your company is badly debt-ridden, and you need to liquidate all the resources into cash. RBS auditing has the best Liquidation Services in Dubai. There are several reasons why a company needs to get liquidated to reimburse the debt to the bank from which the company needed the loan, creditors, or lending companies. The process of liquidation includes the selling of all the company’s possessed items, such as products, land, raw materials, machinery, and another commodity that can be sold out or auctioned whereas some items are purchased by the buyers.

Company liquidation is of two types-

Voluntary Liquidation/ compulsory liquidation

Liquidation by court

Voluntary liquidation is the shutting down of companies by shareholders or creditors of the company who passes the legal resolution. During the meetings of shareholders, an official liquidator is appointed, who is responsible for the winding up of the company, and such liquidation is also called compulsory liquidation.

Employees are considered the primary creditors. The pending dues of the employees are cleared.

Sometimes the company files a petition for liquidation to the court by itself, when it gets failed financially, or is unable to pay off its pending dues.

According to the UAE Freezone Company Liquidation service, a company in a good state will not get subjected to the liquidation process. Whereas, if a company cannot show proper growth and is not capable of paying off debts, then only the creditors can take action against the company.

Perks of Liquidation services:

Liquidation happens to the company, not the people of the company.
Creditors are not allowed to chase directors of the company after the company is liquidated.
Once the company is liquidated all the legal disputes against the company come to an end.
The liquidation management sanctioned the chosen liquidator.

If you are interested in our services for liquidation, please feel free to contact our customer care for further details regarding these services. In addition to these programs, our company also offers UAE Freezone Company Formation. RBS is one of the top leading service providers in terms of tax and advisory, accounting, audit services. Our company possesses the personality of a small firm but has the caliber of big firms. Our team has a long-term experience in accounting, taxation, business advisory services, auditing, the management consultancy. Our team consists of skilled individuals who are smart enough to manage the risk of the clients and more.

Company Liquidation

Why choose RBS auditing for Excise Tax consultancy?

Are you wondering about outsourcing your food and beverage business to Dubai, UAE but are not familiar with the rules and regulations regarding the tax? Here is everything you need to know about the Excise Tax Registration and Return Filing services in UAE. Initially, on 1st October 2017, the excise tax was applicable only on specific goods according to the Excise Tax Federal Decree-Law No. (7) of 2017, but after two years in 2019, a few more goods got added to the list of excise tax products.

The products which are entitled to Excise tax include –

Carbonated drinks
liquids used in electronic smoking devices and tools
Sweetened drinks
Tobacco and tobacco products
Energy drinks
Electronic smoking devices and tools
Carbonated drinks

What is the procedure for registering for excise tax?

Create and verify your e-service account with the FTA portal. For creating the account, you need to sign up with your email address.
Once you log in to your account, try to understand the symbols and icons given on the registration form.
To initiate the excise tax registration form, click on the confirm button.
Now fill in the required details on the registration form, deregistration application, and amendment forms with correct answers.
After ensuring that all the details are correct, click on the submit button.

The excise tax services provided by our company include Excise tax audit, advice on stockpilers, excise tax registration and deregistration, excise tax stock audit at the year-end, advice on stock/ inventory counting, and duty calculation, determining implication, scope, applicability-impact, and applicability analysis.

If you have gone through all the services mentioned above, and think that these services can be helpful to you, then please don’t forget to visit our website for some more details, or you can contact our service provider, who is available round the clock to solve all your issues regarding these services. RBS auditing is one of the best Accounting Firms in Dubai, which provides all these services in a very cost-effective manner.

Our strength in excise tax consultancy in UAE –

We are the top financial advisers in the UAE because of our extensive expertise in these accounting and tax advising services. With years of expertise, we have improved and strengthened our excise tax consultancy services in Dubai, overcoming several of our shortcomings:

We adhere to the guidelines established by the Financial Tax Authority (FTA).
We promise to be accessible to our clients around the clock.
We give you thorough advice on complying with excise laws.
We compute, keep track of, and reconcile data, invoices, and transactions.
We offer a qualified staff of auditors and tax experts with expertise.
Our tax reports are meticulously organized following the UAE excise legislation.
We look after the assets of your business and guard you against costly penalties.
In the United Arab Emirates, we are registered in all reputable free zones.

We offer a full range of excise tax services, including planning, consulting, training, and registration. Contact us right now for more details about our consultancy services regarding excise taxes in the UAE.

Excise Tax Registration And Return Filing

How do you pick the Best Auditor for your company?

An audit is comparable to yearly physicals. You probably don’t look forward to having one, but in the long run, you must do so for you to function properly. You must lay the groundwork before selecting Auditors in Dubai for your business to identify the ideal fusion of skills, experience, compatibility, and several other attributes. You place a high value on your business, so how could you possibly ignore your finances? Let’s examine ways to locate the ideal auditor for your business.

Seek a qualified firm: Make sure the auditors and the firm are qualified to manage the financial reports for your organization before selecting any auditor. To be qualified, a company or individual must have years of experience, be a member of the community, and have approved and authorized status. Your initial lead examination should focus on whether the accomplice satisfies the requirements that an auditor should have.
Meet in person: Always meet in person with the auditors who will be working with your business. A face-to-face encounter would provide a foundation for mutual understanding, make communication easier, and enable you to interact successfully throughout additional sittings. This will guarantee the company’s cultural fit with both you and your business.
One-stop solution provider: It is always advised to work with an accounting & auditing firm that offers a wider range of services, such as Auditing, Accounting, Taxation, Legal, and Consultancy when it comes to handling your private financial data because they can give you all the services you require as a one-stop shop and offer trustworthy and high-quality solutions. As your staff gained knowledge from professionals, it saves you time, and energy, and increases productivity.
Look for the feedback: Some of the sources that will show you the reliability and caliber of the job done by the organization include its market reputation, the institutions with which it is linked, and client testimonials. Above all, these sources will assist you in reference checking when necessary.

Choose RBS auditing as your auditor and accountant-

RBS Auditing is a certified auditing and accounting business and a Federal Tax Authority of UAE-approved tax agency. With our auditing, accounting, company finance, VAT, and consulting services, we provide you with a one-stop shop for all of your business needs. Our clients have praised RBS as one of the best and most effective audit firms in the UAE. Our audits have been able to identify any tax errors made by businesses and assist them in maintaining compliance with the tax laws. We also offer UAE Freezone Company Liquidation to all varieties of enterprises.

Finding the ideal auditor may seem difficult, but the more time you spend doing so will result in a stronger connection and better audit outcomes.

Auditors In Dubai

Dive In for Business valuation safely with RBS auditing

Starting a new business is not only dependent on the money that you have invested, but the structure of your business defines your aims. If you choose the wrong shape for your business, it will only lead you to risks. Our company RBS Auditing offers Business Valuation Services in Dubai to help you grasp the exact worth of your company. Some key factors, such as assets, liabilities, management, market, etc., are crucial to determining the company’s position and help in the decision-making to discover the best advantages.

What Exactly Is Business Valuation?

The valuation of any business is significant to understand the current value of that business keeping various factors in mind, such as the management, assets, liabilities, income, and the position of that company. Undergoing the Business Valuation Services in UAE would become easy for the stakeholders to make remarkable decisions for the company if they are aware of the value of that company.

Perks of Business Valuation-

Business valuation can be profitable for you in several ways,

Business valuation improves the goodwill of the company as per the market environment.
It attracts investors to the company by increasing its exact value.
The current valuation help in discovering the basic details of the company’s assets and liabilities. Hence, you would be able to restructure the company according to you.
The valuation of your company help in making long-term decisions regarding business diversification.
The high value of your company helps in building trust by making it easy for you to take loans in the future.

The valuation of any business is due to various reasons given below-

Goodwill Deterioration
Mergers or purchases
Reorganization and Bankruptcies
Shareholders oppression cases
Funding or financing
Litigation and ownership disputes
Business Planning
Buy or Sell contracts

There are also various tools and programs provided by our company to help you make varied smart decisions for expanding your business, such as Comparative Financial ratio analysis, Ratio analysis, and analysis of going concern concept.

If you are also looking for your business valuation, and have found our services to the point, then please feel free to visit our website for further details, or else you can also contact our customer care available round the clock to solve all your queries regarding our services. Our company also delivers Business Consultancy Services Dubai. If you need more details and help regarding these services then ping us. We are here to serve all your need for these services.

Business Valuation Services In Dubai

Liquidation Strategies to deal with the Debts

Just presume, your company is badly debt-ridden, and you need to liquidate all the resources into cash. RBS auditing has the best Liquidation Services in Dubai. There are several reasons why a company needs to get liquidated to reimburse the debt to the bank from which the company needed the loan, creditors, or lending companies. The process of liquidation includes the selling of all the company’s possessed items, such as products, land, raw materials, machinery, and another commodity that can be sold out or auctioned whereas some items are purchased by the buyers.

Company liquidation is of two types-

Voluntary Liquidation/ compulsory liquidation

Liquidation by court

Voluntary liquidation is the shutting down of companies by shareholders or creditors of the company who passes the legal resolution. During the meetings of shareholders, an official liquidator is appointed, who is responsible for the winding up of the company, and such liquidation is also called compulsory liquidation.

Employees are considered the primary creditors. The pending dues of the employees are cleared.

Sometimes the company files a petition for liquidation to the court by itself, when it gets failed financially, or is unable to pay off its pending dues.

According to the UAE Freezone Company Liquidation service, a company in a good state will not get subjected to the liquidation process. Whereas, if a company cannot show proper growth and is not capable of paying off debts, then only the creditors can take action against the company.

Perks of Liquidation services:

Liquidation happens to the company, not the people of the company.
Creditors are not allowed to chase directors of the company after the company is liquidated.
Once the company is liquidated all the legal disputes against the company come to an end.
The liquidation management sanctioned the chosen liquidator.

If you are interested in our services for liquidation, please feel free to contact our customer care for further details regarding these services. In addition to these programs, our company also offers UAE Freezone Company Formation. RBS is one of the top leading service providers in terms of tax and advisory, accounting, audit services. Our company possesses the personality of a small firm but has the caliber of big firms. Our team has a long-term experience in accounting, taxation, business advisory services, auditing, the management consultancy. Our team consists of skilled individuals who are smart enough to manage the risk of the clients and more.

liquidation services in Dubai

Dive In for Business valuation safely with RBS auditing

Starting a new business is not only dependent on the money that you have invested, but the structure of your business defines your aims. If you choose the wrong shape for your business, it will only lead you to risks. Our company RBS Auditing offers Business Valuation Services in Dubai and Abu Dhabi to help you grasp the exact worth of your company. Some key factors, such as assets, liabilities, management, market, etc., are crucial to determining the company’s position and help in the decision-making to discover the best advantages.

What Exactly Is Business Valuation?

The valuation of any business is significant to understand the current value of that business keeping various factors in mind, such as the management, assets, liabilities, income, and the position of that company. Undergoing the Business Valuation Services in UAE would become easy for the stakeholders to make remarkable decisions for the company if they are aware of the value of that company.

Perks of Business Valuation-

Business valuation can be profitable for you in several ways,

Business valuation improves the goodwill of the company as per the market environment.
It attracts investors to the company by increasing its exact value.
The current valuation help in discovering the basic details of the company’s assets and liabilities. Hence, you would be able to restructure the company according to you.
The valuation of your company help in making long-term decisions regarding business diversification.
The high value of your company helps in building trust by making it easy for you to take loans in the future.

The valuation of any business is due to various reasons given below-

Goodwill Deterioration
Mergers or purchases
Reorganization and Bankruptcies
Shareholders oppression cases
Funding or financing
Litigation and ownership disputes
Business Planning
Buy or Sell contracts

There are also various tools and programs provided by our company to help you make varied smart decisions for expanding your business, such as Comparative Financial ratio analysis, Ratio analysis, and analysis of going concern concept.

If you are also looking for your business valuation, and have found our services to the point, then please feel free to visit our website for further details, or else you can also contact our customer care available round the clock to solve all your queries regarding our services. Our company also delivers Business Consultancy Services in Dubai, Abu Dhabi and Sharjah. If you need more details and help regarding these services then ping us. We are here to serve all your need for these services.

Business Consultancy Services in Dubai Business Valuation Services In Dubai Business Valuation Services In UAE

Liquidation strategies to deal with the debts

Just presume, your company is badly debt-ridden, and you need to liquidate all the resources into cash. RBS auditing has the best Liquidation Services in Dubai. There are several reasons why a company needs to get liquidated to reimburse the debt to the bank from which the company needed the loan, creditors, or lending companies. The process of liquidation includes the selling of all the company’s possessed items, such as products, land, raw materials, machinery, and another commodity that can be sold out or auctioned whereas some items are purchased by the buyers.

Company liquidation is of two types-

Voluntary Liquidation/ compulsory liquidation

Liquidation by court

Voluntary liquidation is the shutting down of companies by shareholders or creditors of the company who passes the legal resolution. During the meetings of shareholders, an official liquidator is appointed, who is responsible for the winding up of the company, and such liquidation is also called compulsory liquidation.

Employees are considered the primary creditors. The pending dues of the employees are cleared.

Sometimes the company files a petition for liquidation to the court by itself, when it gets failed financially, or is unable to pay off its pending dues.

According to the UAE Freezone Company Liquidation service, a company in a good state will not get subjected to the liquidation process. Whereas, if a company cannot show proper growth and is not capable of paying off debts, then only the creditors can take action against the company.

Perks of Liquidation services:

Liquidation happens to the company, not the people of the company.
Creditors are not allowed to chase directors of the company after the company is liquidated.
Once the company is liquidated all the legal disputes against the company come to an end.
The liquidation management sanctioned the chosen liquidator.

If you are interested in our services for liquidation, please feel free to contact our customer care for further details regarding these services. In addition to these programs, our company also offers UAE Freezone Company Formation. RBS is one of the top leading service providers in terms of tax and advisory, accounting, audit services. Our company possesses the personality of a small firm but has the caliber of big firms. Our team has a long-term experience in accounting, taxation, business advisory services, auditing, the management consultancy. Our team consists of skilled individuals who are smart enough to manage the risk of the clients and more.