Internal control and
risk management

Monthly Assistance with Accounting

Our monthly accounting assistance is a customized financial management program created to give companies access to the committed knowledge of our GFC team, one of the trusted tax agencies in UAE. Scheduled office visits and continuous online assistance are included in this service to guarantee a smooth and convenient collaboration.

A comprehensive general ledger overview and careful financial record reconciliation offer a strong basis for financial clarity, while we place a high priority on identifying and verifying financial transactions to ensure accuracy and completeness.

Our services also include detecting and assessing financial risks to safeguard the future success of your company. Regular cash flow evaluations and financial data analysis enable well-informed decision-making.

Additionally, we provide extensive business continuity planning to protect your financial stability in constantly shifting conditions. Our monthly accounting support is your reliable financial partner because of our committed personnel and all-encompassing approach.

Quarterly Internal Audit & Risk Analysis

Our quarterly internal audit service is a comprehensive and strategic evaluation designed to guarantee the highest levels of financial integrity in your company. We carefully assess accounting standards to make sure your financial reporting is accurate and compliant.

Our assessment of internal controls aids in the establishment of strong measures that protect financial correctness and avert possible inconsistencies. In order to assist you make wise financial decisions, we also carry out a thorough financial evaluation and risk analysis to spot possible problem areas and offer advising support for forecasting and budgeting.

Finding and implementing changes to improve your financial procedures is the main goal of our audit approach. We provide thorough reports on audit results, together with insightful analysis and suggestions for ongoing financial operations improvement that will secure your company's long-term financial stability.

Quarterly VAT Filing

Our Value Added Tax (VAT) services in the United Arab Emirates provide a complete approach to navigating the intricate tax system. To ensure the correctness and compliance of your financial documents, we start by physically verifying transactions and records that have been applied for VAT.

All VAT-related activities are subject to this thorough evaluation, which aids in locating possible areas for cost-cutting and optimization.

Beyond assessments, we offer priceless advising services that can help you navigate the complexities of UAE VAT laws. From planning to filing, we take care of all the good steps. Additionally, making sure your VAT returns are timely and accurate while lowering the possibility of penalties or delays.

We constantly update and notify you of any changes in VAT legislation as part of our dedication to quality, making sure your company stays completely compliant with the most recent standards.

You can be confident that your taxes issues will be handled with accuracy, knowledge, and an emphasis on maximizing your financial efficiency while following by all applicable laws when you use our VAT services.

Corporate Tax Filing

Our corporate tax services in UAE provide a simplified, effective method of tax management for companies. We begin with a thorough data collecting and analysis phase, digging deep into your financial information to fully comprehend your tax status. The basis for developing a customized tax plan that will increase your tax efficiency and ensure compliance with the complex tax regulations in the United Arab Emirates is this analysis.

Following the tax plan's development, we carefully and error-free prepare your business tax returns. Accuracy is being ensured before to the inspection and verification process.

Our primary objective is to be on time and minimize the likelihood of penalties and delyas. Keep in regular communication with authorities and provide consistent answers to inquiries.

Additionally, we are dedicated to remaining current with UAE tax compliance. To make sure your company conforms with the most recent regulations, we closely monitor changes in tax rules.

With a commitment to maximizing your tax situation while maintaining regulatory standards, you can rely on our complete company tax services for professional, accurate management of your tax matters.

Annual Financial Audit

Our annual financial audit service offers a thorough evaluation of the financial well-being of your company. We carefully review your financial statements to confirm transactions and make sure accounting standards are being followed.

Our assessment of internal controls protects financial correctness and assists in identifying areas that require improvement. An audit opinion, which offers an unbiased evaluation of your financial reporting, is the audit's final product.

An essential part of our service is the yearly external audit, which provides an unbiased and knowledgeable assessment. We analyze risks, help with forecasting and budgeting, and give stakeholders a thorough report.

Our audit procedure is intended to provide you confidence in your financial reporting and operations, enabling you to make wise choices and uphold openness with your stakeholders.

Supplementary services

Beyond the core services, we provide a variety of specialist offers as supplemental services. These provide a more thorough and customized approach by addressing certain client demands and issues. In addition to the primary financial services, GFC offers:

Obtaining the best possible score for the economic substance regulation (ESR) submission for ICV certification.Data migration and ERP consulting for UBO Compliance.

Reports on Finances

In accordance with the internal control and risk management program, GFC is committed to generating financial reports that satisfy our clients' needs, which include:

• Monthly income statement
• Statement of VAT return (quarterly)
• Reports from internal audits (monthly or quarterly)
• Annual corporate tax report (Yearly)
• Annual external audit report (Yearly)