We provide a wide range of services offering Comprehensive Accounting, Compliance, and Taxation solutions tailored to our client’s needs. So whether you need help with day-to day bookkeeping or looking for a more comprehensive package of services, simply browse through a plethora of services listed below to discover more about how we can help you ensure your business meets its financial obligations.
Many internal audit functions focus only on “Oversight” (i.e., the ability to comply with Company policy or internal directives), we believe the value-add aspects of our execution and recommendations are derived from the emphasis on “Insight” (i.e., the ability to operate faster, smarter, or cheaper) and “Foresight” (i.e. the ability to operate in a manner that not only embraces the current time period, but also embraces the future).
We can meet all of your internal audit needs under a continuous full-service outsourcing arrangement, reporting to the audit committee and an appropriate corporate officer, in order to ensure the proper degree of objectivity and independence. Our professionals have assisted hundreds of companies using this approach, each one tailored to meet our client’s unique needs.
Our audits mainly focus on the following key factors-
● Critical evaluation of internal controls adopted by organizations and suggesting areas for strengthening
● Review of existing business processes and policies with a view to suggest best practices, including a thorough benchmarking exercise
● Review of Risk Management Framework and its effectiveness with a view to provide suggestions for strengthening the same
● Constructive reviews of operations by keeping client’s business needs in focus.
● Identification and recommendation of areas for cost reduction, revenue optimization, and improvement in operational efficiency followed by assistance in their implementation
Every business requires a stable and sound finance department. This ensures smooth working and cost-effectiveness. However, businesses of varied sizes may not have a separate department to manage the same. In such cases, the CEO gets burdened with the additional responsibility of handling finances too. This naturally consumes a lot of time, resources, and energy. Wouldn’t it be great if someone shoulders this responsibility?
Money that doesn’t grow on its own is money wasted. Our finance pundits with their quintessential advice will ensure your finances are fattened even when you are taking a breather. The financial plans generated for you will offer economic equilibrium, ensuring that your foundation is strong and resources are smartly allocated so that your goals are achieved. We understand your current financial state, fix past problems, identify, prioritize and quantify what you need to achieve in the long term goals you envision for yourself as well as your business entity. We are not just accountants. We are your financial management partner.
If you are a business owner, you might think, “why do we need bookkeeping services when we can just do it ourselves? Surely, it couldn’t be that hard.” But you may also try and analyze how much more profitable your business would be if you had the time to focus on the actual business instead of handling a range of administrative tasks. Make organized bookkeeping a habit. Don’t wait until you can no longer keep track of your records before sorting out your books. Start organizing today.
Books are the backbone of any business. Team Efsah will ensure the backbone of your organization is strengthened so you can stand strong and tall. Bookkeeping is an integral part of the tax planning strategy of any business. The proper organization, storage and maintenance of the accounting of your business and financial documents will help you avert tax-reporting problems. Accurate bookkeeping helps gauge the success of your business and allows you to see exactly how well you’re doing. You can review the patterns and trends in your business performance and compare them to previous years. You can also keep track of your expenses and address pain points in your financial status quickly. And all those useful inputs, that can boost the performance of your corporation, are within your reach when you collaborate with us to cater to your bookkeeping needs.
We offer end-to-end solutions for all of your fiscal needs related to the VAT department. Once you entrust the responsibility to us, you don’t have to worry about the duties regarding VAT as we provide services of all types from day-to day support to timely requirements. Our team of VAT experts will assist you with end-to-end services that make your office hours free of return filing errands.
Our global taxation experts will keep your business compliant with statutory VAT filings for the countries where your business is operating. We automate the process of VAT filings for you, and will even integrate our powerful taxation solutions to ensure timely fulfillment of your VAT duties and avoid late filing and penalties that follow. Every business will have a slightly different way of working, and thus every VAT return will be slightly different, which is why you need to deploy the VAT experts to ensure that you remain compliant.
Advice on VAT treatment of a specific business case or all transactions (VAT Transactional Impact Analysis). Conduct a VAT Health Check to highlight adverse tax positions adopted and compliance gaps. Assist with procedural work, such as submitting VAT Registration, De-registration and Clarification forms on the Tax Authority’s e-services portal.
Review of VAT returns to be filed on a periodic basis and assist with reporting requirements. Review sample documents to advice on any compliance gaps.
Assistance in coordinating with the Tax Authorities during an official tax audit for VAT purposes. Alternatively, we may represent the client against the Tax Authority during the Tax Audit.
Provide details of information/documents required for, and assist with:
Corporate governance and compliance is an ever-changing area and we help companies minimize operational and regulatory risks and provide them with on-going, up-to-the-minute advice. Across all of our offices we help our clients navigate the maze of legislation and best practice codes relevant to corporate governance and corporate responsibility.
We provide general company and compliance advice to our corporate clients on the compliance issues which most regularly impact their businesses. Our boardroom practice covers all elements of listed companies regulations, from advice on board procedures, General Assembly Meetings (AGM) to issues arising in compliance with Securities and Commodities Authorities (SCA) and Abu Dhabi Stock Exchange (ADX), as well as, preparation of compliance and sustainability reports as per ADX standard guidelines and assistance with replies to shareholders’ queries and investor relations management.
We can led the industry on numerous matters such as playing an instrumental role in establishing the framework governing private placements and IPO prospectus preparation in the UAE.