VAT Registration in UAE

The conditions for VAT registration differ from country to country, and special case requirements need to be considered. For instance, the Federal Tax Authority of the UAE mandates that all companies or individual entities with a yearly turnover higher than AED 3,75,000 register for VAT. Voluntary registration will be allowed in cases where the turnover falls between AED 1,87,500 and AED 3,75,000.

https://www.bmsauditing.co...

VAT Consulting Services

Since VAT implementation on January 1, 2018, businesses have encountered various compliance issues because of the change in regulations. Our concentrated team of trained VAT consultants, further supported by VAT experts across the globe, within our BMS network, is there to meet the needs of organizations in fulfilling VAT requirements and optimizing their VAT liabilities.

Approach to VAT Services

VAT and indirect taxes are quite complex and also affect the bottom line of any company to a significant extent. BMS Auditing offers fully integrated VAT services in all the steps of a business life cycle, starting from formation up to transaction structuring and litigation support. Our VAT professionals will ensure that the operations will strictly comply with the new Federal Tax Authority regulations, and full support will be given in the form of VAT invoices, regular and timely submission of VAT returns, and much more.

https://www.bmsauditing.co...

Business Valuation in UAE,BMSAuditing

BMS Auditing provides expert business valuation services in the UAE, helping businesses assess value, plan strategically, and make informed decisions for mergers, acquisitions, and investments.

If you are considering buying, selling, or transferring shares in a business in the UAE or worldwide, the first question to determine is the value of the transaction, which should not only reflect reality but also be acceptable to the parties. BMS Auditing will help companies and investors in Dubai and other parts of the UAE to determine the enterprise value and walk them through every aspect of the transaction process.

Understanding the true value of your business is essential for multiple reasons. Whatever the objective, BMS Auditing believes that valuations are integral in informing your decisions regarding what could be one of your most significant financial assets.

https://www.bmsauditing.co...

CFO services in the UAE - unlocking financial growth with BMS auditing.

Unlock financial growth with BMS Auditing’s outsourced CFO services in UAE. Benefit from expert financial management, strategic planning, and cash flow optimization for your business success.

Effective financial management is the biggest challenge for businesses to achieve their growth objectives. BMS Auditing provides the best CFO services available in the market, guiding business entities to understand their financial landscape, identify risk areas, and discover growth opportunities. With the right guidance, your company can navigate through the challenging passage of financial management toward long-term stability and success.

Outsourced CFO Services: A Cost-Effective Solution

In the more dynamic and competitive business environment prevalent in the UAE, a business therefore requires a highly qualified and effective CFO to drive its success. However, cost considerations mean that most companies take a much longer period to find a full-time CFO. It is here that BMS Auditing provides outsourced CFO services at an economical, yet highly effective answer. You will now have the expert guidance needed to streamline financials and strategic decisions without the overhead burden of having an in-house CFO on board.

https://www.bmsauditing.co...

What is Backlog Accounting Services in UAE?

Backlog accounting refers to the process of recording all the missed or delayed financial transactions from the inception of the business till date. This is one of the necessary steps in the case of a business that has not been able to maintain consistent records since its early stages of operation. This backlog of accounts is useful in showing a clearer picture of the health of the company, which is indispensable for future decision-making and further growth of the business.

When businesses fail to record their income and expenses, they are likely to experience financial shocks that they may not have anticipated. However, updating and maintaining backlog accounts keeps the business in good standing and provides a foundation for future profitability.

Source : https://www.bmsauditing.co...

What is Corporate Tax Return Filing in UAE?

Corporate tax return filing in the United Arab Emirates (UAE) is the process of submitting a report to the relevant tax authority that details the income and expenses of a company. The Corporate Tax Return is filed by the Taxable Person for a specific tax period on the information about Corporate tax liability and payment. The Tax Return should be filed within a specific period with the tax authority according to the Corporate Tax Law.

In case any additional information, a document, or a record is requested by the Authority, it should be submitted by the taxpayer to the tax authority.

Source : https://www.bmsauditing.co...

Corporate Tax Audit in UAE

A corporate Tax Audit in UAE is a mandatory process to audit the tax liability, Tax compliance and financial records of companies that meet the conditions. An auditor reviews the financial statements, tax returns, and documents to identify any discrepancies or errors during the process.

In order for the governing body to determine whether a taxable organization is adhering to the corporate tax law and standards as per FTA guidelines, corporate tax audits are carried out and submitted to the government. It is mandatory for all companies to adhere to this Corporate Tax Law and Audit procedures.

The FTA investigates if the taxable companies have settled all debts and that all taxes are due to have been collected and paid to the authorities within the time limit specified through the tax audit.

Source : https://www.bmsauditing.co...

Corporate Tax Impact Assessment Services in UAE

Corporate Tax Impact Assessment is a structured and systematic process for considering the implications of corporate tax for businesses while there is still an opportunity to make necessary changes within and outside the standalone business unit or the group. BMS has a squad of competent corporate tax specialists that can effectively conduct corporate tax impact assessment services in UAE to ensure tax compliance.

Source :

https://www.bmsauditing.co...

HR & Payroll Services by BMS Auditing

BMS Auditing provides HR and payroll services in the UAE, offering automated payroll processing, compliance, employee benefits management, and customizable solutions to ensure efficiency and satisfaction.

BMS Auditing, we provide a fully complete HR and payroll service by making the administrative process much less cumbersome, increasing employee engagement while also ensuring compliance. BMS Auditing is specifically prepared with a secure cloud that accommodates businesses from SMEs to large businesses of any size of organization: we can help you automate everything in payroll operations, track down employees' data, and simplify HR processes in different aspects.

Why choose BMS Auditing?

Our platform has been developed keeping in mind the user interface that makes it easy, easy, and accessible to perform Human Resources and payroll tasks.

1 . Cloud-Based Accessibility: Access your HR and payroll information from anywhere, at any time, through a secure cloud-based solution.
2 . Data Security: Your data is guaranteed to be safe with high levels of security to ensure privacy and confidentiality.
3 . Expert Support: Our dedicated support team will be there for you, ready to answer questions or clarify any issues that may come up.

Source:https://www.bmsauditing.co...

Bookkeeping Services in the UAE
BMS Auditing provides expert bookkeeping services in the UAE, offering accurate financial records, compliance with UAE regulations, and cost-effective solutions tailored to your business needs.

Bookkeeping is considered one of the very important functions of any organization. These services provide every detail regarding each financial transaction, ensuring accuracy and updation of records. Without proper bookkeeping, the business might incur costly mistakes and go towards legal issues. At BMS Auditing, our experts are well-versed at producing quality bookkeeping services according to any business’s needs, including those in the UAE. Bookkeeping services in Dubai: We understand that every business is different, hence customized bookkeeping and accounting services to match your needs so you can focus on the growth of the business while we manage all the financial records.

Our Bookkeeping Services in the UAE Benefit Summary
Cost-Effective Solutions: Outsourcing bookkeeping with us saves you significant costs compared with maintaining an in-house bookkeeping team. This will allow you to allocate funds to other important aspects of your business.

source : https://www.bmsauditing.co...