Category: Our services

Other Services

A statutory amendment or a renewed business plan, AVA is always there to help you right from its inception, planning, implementation to its control and maintenance. We provide wide range of consulting services and solutions to start ups as well as established companies and organisation of all sizes. Our consultancy/advisory services include but are not limited to:

  • Budgeting and Forecasting.
  • Payroll Services.
  • Inventory Management.
  • Receivables Management.
  • Study and Implementation of Cost reduction measures.
  • Financial Management Services.
  • Operations Management Services.

Business Consultancy Services

Every company needs a professional advice at some stages for their business and management, whether it is strategic planning , cost reduction or Tax Planning. Our team of experts can help you in your critical decision making process as well as assist you in taking necessary steps to move forward, be it an internal procedure or a legal compliance.
Our Business Advisory Services include:

  • ESR Compliance Services.
  • Business Valuation.
  • Business IT Solution.
  • Companies Set up and Liquidation Services.

Tax Consultancy Services

VAT

With the announcement of the introduction of VAT in UAE from 1st January 2018, it is mandatory for the businesses to register themselves as per the criteria specified in the new tax regime. All the individuals or the firms engaged in businesses activity have to comply with the rule laid down by the Federal Tax Authority. The businesses that have not registered for VAT will neither be able to charge VAT on their sale nor will be able to claim Input VAT paid on their purchases.

It is mandatory for the businesses to register themselves if the annual turnover exceeds AED 375,000 and this threshold must have been exceeded in the last 12 months or this threshold is expected to be exceeded in next 30 days. Businesses can opt for voluntary registration if the annual turnover exceeds AED 187,500 but is below AED 375,000 and this threshold is expected to be exceeded in next 30 days.

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VAT Deregistration

Accounting & Book Keeping

Bookkeeping is the initial process to be done for the purpose of accounting and financial reporting. It is the recording of financial transactions and information related to business activities on a daily basis. A bookkeeper manages the transactions in the book of ledgers or in the accounting software on a daily basis. The process of posting transactions influences the Profit and Loss accounts, trial balances and nature of accounts which in turn affect the financial statements of the businesses. Book-keeping is the mainstay for having efficient VAT compliance for business. This makes essential to have a dedicated bookkeeper for timely and accurate posting of business. We unburden the businesses in UAE from exhaustive and tedious task of bookkeeping.

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Audit & Assurance

Auditing is a vital part of accounting and performed to ascertain the validity and reliability of information. An audit must adhere to generally accepted standards established by governing bodies. These standards assure third parties or external users that they can rely upon the auditor’s opinion on the fairness of financial statements, or other subjects on which the auditor expresses an opinion. A financial statement should reflect true and fair view of the business affairs of the organization. As these statements are used by various constituents of the society / regulators, the audit reports need to reflect true view of the organization’s financial position.

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