Best Consulting Companies In Dubai

The Best Consulting Companies In Dubai

The tool known as a lever permits you to increase your strength and reach. Specialization in business can be like that lever. Focus on a particular area of expertise gives a business depth and strength of knowledge unavailable to others. That depth of knowledge is one important resource gained by hiring a consultant firm.

Reliability and Reputation

There are other factors involved in choosing a consultant firm, however. Reliability is very important. Business partners should be those you can count on. Their network of expertise must be of value. Consultants should bring financial value, as well. Consultants usually work on a fee basis. Obligations such as bonuses, vacation pay, and the necessity of maintaining in-house staff are alleviated. Reputation and confidentiality considerations are also vitally important.

Technological Expertise

The best consulting firms stay in the forefront of technology. The speed of technological change is accelerating. Those who do not evolve with technology will be left behind. This is a fact. These days, knowledge of digital strategy and transformation, process automation, artificial intelligence utilization, and information security are essential. Your consulting firm should be a leader in all of these areas.

Wide-Ranging Knowledge

Your consulting firm should be able to offer a wide variety of advice in their field of expertise. In accounting, this means knowledgeable advice concerning Internal Audits, Enterprise Risk, VAT Taxes, as well as more typical services in the Tax, Audit, Bookkeeping, and Payroll areas. The best consultants are knowledgeable in all accounting areas.

Chartered House Tax Consultancy

Even in the complex, competitive atmosphere of modern Dubai, some firms stand out. Chartered House Tax Consultancy is known for its wide-ranging knowledge, reliability, and technological expertise throughout the accounting industry of Dubai. Chartered House offers a complete range of business accounting and advisory services. To consult today with an accounting professional, contact us here or call +971 4 2435666!

Audit Firm

Dubai’s Most Reliable Audit Firm

In today’s competitive climate, there are a lot of companies claiming to offer premier accounting services, but when you look at the scope of their capabilities, you realize that that is far from the truth. Today’s businesses need a firm with an expansive list of accounting services and high caliber consulting professionals who possess the knowledge and tenacity to comb through your financial files to look for discrepancies and to see if money’s owed back to your business. That’s why growing and establish companies looking for accounting firms in Dubai hire Chartered House.

Chartered House is an established consulting firm in Dubai, with a history of working with small, medium, and large businesses, helping stay on track throughout the year financially, and get the biggest return possible, come tax season.

What we Offer?

Chartered House provides an array of services that fit the needs of all businesses. These services range from:

  • Internal Audits
  • Enterprise Risk
  • Transaction
  • Bookkeeping
  • Payroll
  • Financial Statement Preparation (Year-End Accounts)

We will work with you and support your never-ending drive for growth and success. Whatever your business needs to ensure that it is and will remain in good standing, we can provide. As our working relationship grows, we will adapt to your needs, understanding and overcoming potential obstacles that could prevent your business from reaching its full potential.

With hands-on experience in over 20 industries in the UAE, there’s no doubt that Chartered House can do what no one else can, and at the highest level possible. We specialize in financial auditing, tax consultancy, VAT filing (VAT Fines and Penalties) and business advisory; with the aim of improving compliance and increasing/creating sustainable value for company investors.

If you’re looking for the best accounting firm in Dubai, look no further. Chartered House is here and ready to assist you. For more information on the services we provide, please call at +971 4 2435666 today.

VAT Services UAE

Chartered House VAT Services: VAT In The UAE

For companies in Dubai worried or confused about the new Value-Added Tax (VAT) return, that was thrust upon the region on the 1st of January 2018, you can breathe a little easier. Chartered House has your back.

Why Should you Hire a VAT Consultant at Chartered House?

It is important to seek professional guidance, especially in the case of filing a Valued-Added Tax return, because of its novelty. There is still a bit of confusion in regard to the filing process, which is why it would be wise to find a team of knowledgeable professionals, like the ones at Chartered House, to help guide you through the process.

What is VAT?

VAT stands for Value-Added Tax and is a general consumption tax, implemented in the UAE to diversify and reduce the region’s dependency on oil-generated revenue, with the goal of further stabilizing the economy.

With the innovative strides being taken in the technological realm, the old businesses models are disrupted, which is causing many challenges for companies, publicly and privately owned.

Chartered House is ready to handle any problems that may occur and answer any questions that may arise. With our team of in-house professionals, we offer a full suite of services to ensure your organization remains ahead of any new or existing UAE tax requirements. This includes supporting any potential impact that may occur across the wider GCC. Our Value-Added Tax services help companies from the beginning to the end of the indirect tax life cycle, and our team of experts will apply their knowledge obtained through managing Value-Added Tax returns in various jurisdictions to ensure filing accuracy.

VAT Services in UAE:

  • VAT Impact Assessment
  • VAT Health Checks
  • VAT Compliance
  • VAT Registration
  • Transfer Pricing
  • Excise Registration
  • Tax Due Diligence
  • VAT Automation

The Chartered House Promise:

For companies looking to file VAT in the UAE, we promise to be thorough in our efforts to ensure compliance according to jurisdiction regulations. We are a team of dedicated professionals, driven by the need to provide a superior level of customer service. If you have any questions regarding our VAT filing services in the UAE, give us a call at +971 4 2435666, or contact us here.

Accounting Firm In Dubai

Chartered House: A Professional Accounting Firm In Dubai

Are you seeking accounting assistance from a top-tier accounting firm in Dubai? If you are, you’re in luck. Chartered House is one of the top accounting firms in the UAE, renowned for our expert level service and professionalism. We provide a wide array of accounting services to ensure the financial health your business.

Finding a professional accounting firm to assist you in such tasks as bookkeeping and conducting internal audits is extremely important because maintaining a realistic idea of how your company is performing can save your business from going under and prevent potential legal trouble due to financial discrepancies.

Our primary task is to prepare and examine your business’s financial records for accuracy and to ensure that your taxes are correctly filed and paid on time.

What Chartered House Provides:

  • Internal Audit Services – Chartered House performs an independent, objective audit intended to add value and improve a business’s operations.
  • Enterprise Risk Management Services (ERM) – Chartered House plans, organizes, leads and oversees a company’s activities with the goal of diminishing the risks of a corporation’s capital and earnings.
  • Transaction Services – Chartered House performs a third-party professional transaction service that comes into play once a business transaction occurs.
  • Bookkeeping: We record all financial transactions such as purchases, sales, receipts, and payments by an individual or an organization
  • Payroll: We calculate the total amount of money a company pays to its employees, and makes a record and pays employee salaries and wages, bonuses, and withheld taxes.
  • Financial Statement Preparation: We account for balance sheets, income statements, statement of retained earnings, and statement of cash flow.

Chartered House is a leading accounting firm in Dubai, with an embedded goal of ensuring the financial health of your business. We provide services such as internal audits, enterprise risk management, transaction oversight, bookkeeping, payroll, and financial statement preparation. If you are looking to hire a top-tier professional accounting firm in Dubai, give us a call at +971 4 2435666 or contact us here today.

Auditing Companies in Dubai

Looking for Auditing Companies in Dubai?

Before you decide to file your taxes, it would be wise to seek professional assistance before you find yourself in a less ideal situation. Whether you are an individual, company, or a company dealing with other business houses, a tax consultant by your side to advise you, will provide you with the clarity needed to make decisions that best serve your interest. If you are looking for a local, top-tier professional tax consultant firm to audit your business in hopes of seeking guidance in your financial affairs in Dubai, think of Chartered House.

Think of Chartered House Tax Consultants in Dubai

Our high-level of competency regarding tax due diligence is one of our firms’ most desirable characteristics, making us the perfect companion to file tax returns with. Not only do we provide an all-inclusive examination of your finances to determine what type of taxes apply to your company, but we also provide the option to work with you throughout the year to ensure the minimization of your tax liability.

Many people don’t factor in the many variables involved in filing your taxes correctly. If you are only considering revenue generated during the year, you could be under or overpaying, which both end up costing you. Things to consider when filing your taxes are jurisdiction, type of company, amount of people working at your company, charitable donations, diversity, etcetera. With all of these elements to factor in, it’s easy to see how someone could make a mistake while filing their taxes, which is why it is always a good idea to work with knowledgeable tax consultants like the ones employed at Chartered House in Dubai.

If you are looking for auditing companies in Dubai to go over your finances to ensure that there are no discrepancies in your numbers, think of Chartered House. Our goal is to try and get you as much money back in your return as possible and save you the headache of interacting with the government due to inaccurate tax filings. For more information on our services, give us a call at +971 4 2435666 or contact us here.

Business Consultants in Dubai

Tips to Find the Best Business Consultants in Dubai

Are you Considering Hiring a Business Consultant in Dubai?

Are you considering hiring a Business Consultant in Dubai? If you are, but feeling a bit hesitant because your business is steady and there are no apparent causes for concern for the future of your company, I implore you to think to look a little further ahead. How long do you think your business will maintain a sustainable level of consistency in regard to its stream of revenue? Truth is, businesses fluctuate like the economy and advance like technology industries, thus why it is wise to stay ahead of the game and seek guidance from people who deal with increasing the success and longevity of a company for a living.

What are the Benefits of Hiring a Business Consultant?

There are many benefits to hiring business consultants, but before I dive into the necessity of their role at a company of any size, it makes sense to first understand their role. A business consultants job entails understanding the specifics of a business and the industry in which your company resides. After doing their homework, they can begin advising you on industry trends and ways to increase the efficiency and performance of your business. Business consultants provide their expertise throughout the process of making suggestions, creating strategies, and executing them according to the plan outlines from beginning to end.

Who are we?

We are Chartered House, and we provide many services, dedicated to helping companies thrive in competitive climates. Companies choose us because we look ahead to ensure they are on course to propel past their opposition. If you are seeking services from business consultants in Dubai, you have come to the right place. Chartered House is missioned to assist in the evolution of all our client’s businesses. To learn more about how we can help your business reach its full potential, give us a call at +971 4 2435666 or contact us here.

VAT Consultants in UAE

Why are VAT Consultants in the UAE Necessary?

Why are VAT consultants in the UAE necessary? What do you really need to prepare for the Value Added Tax? The first requirement is knowledge.

The VAT laws now in effect in the UAE presently call for extensive knowledge of the requirements of the tax. For example, the mandatory registration threshold for businesses is currently AED 375,000. The law requires VAT registered businesses to collect the tax on the government’s behalf. Companies must submit a VAT return at the end of each tax period.

 

Proper documentation is vitally important. Companies must charge VAT on the taxable goods and services they supply. They may reclaim any tax they have paid on business goods or service. Therefore, special care must be taken to record all sales properly and receive proper documentation from all suppliers.

What goods and services are taxed and which are zero-rated or exempt? Many educational expenses, such as tuition at approved, accredited schools, are zero-rated. Other expenses, however, such as uniforms, recreational school trips, and certain electronic devices, are taxed. Most healthcare services are zero-rated, but elective services and cosmetic procedures are taxed. Certain real estate transactions are not taxed, though sales or rentals of commercial buildings are taxed. The sale of bare land is exempt. These are only a few examples of the many complexities involved in the Value Added Tax.

What are the filing dates for the VAT? Filing dates depend on the annual turnover of the company. For companies with an annual turnover below AED 150 million the standard tax period is quarterly. Annual turnover of AED 150 million or more requires filing returns monthly. It is clear to see that the VAT requirements are numerous and complex. The wisest course of action is to enlist the services of the professionals at Chartered House Tax Consultancy. Chartered House Tax Consultancy can guide you safely through the intricacies of the Value Added Tax and ensure the completion of all legal requirements and best accounting practices. We specialize in tax, audit, advisory, and technology. Contact us today!