Get Rid Of VAT Problems With CAA: Dubai’s Best Audit and Accounting Firm

The newly implemented Value Added Tax or VAT policy in UAE is quite challenging for many small and big businesses. This is the reason behind the rising demand for accounting and auditing services in UAE. These services eliminate the negative impact of VAT on accounting, financial planning, supply chain and other core functions of the business.

How does accounting and bookkeeping services help you become VAT ready?

If your company is VAT or FTA registered in Dubai then you are liable to file VAT return at frequent interval. FTA compliance is the stringent business requirement for tax entities in UAE. Not complying with such requirements may result in a penalty and other severe consequences.

To avoid VAT issues you must update yourself with the new VAT laws and modify the financial planning. This process is quite daunting, if you already have messy financial records. Moreover, it is difficult for the new entrepreneurs in UAE to understand and update with the latest tax policies in UAE. Here comes the role of the accounting and auditing firms in Dubai!

If you are planning to hire the best audit firm, then Coast Accounting and Auditing or CAA is the right choice for you. Their dedicated VAT consultants will help you in the following ways-

1. Identify the key VAT areas

The VAT consultants will analyze your business to figure out the area of VAT concerns. They will update your business accounts both old and new, by incorporating the new VAT clauses.  They will keep you updated with new VAT laws and other tax obligations to reduce internal and external risks.

2. VAT planning

The CAA experts will calculate the business challenges due to VAT and provide comprehensive assistance in VAT implementation. It will help you meet you all the FTA compliances related to sales, accounting methods, and business management system.

3. Focus on core business 

Hiring VAT consultants will reduce errors in your business procedure and additional cost due to penalty. Hire CAA to modify your IT system based on VAT impact studies and to make strong financial plan.  Their experts will help you manage all the taxation aspects of your business and improve business revenue.

Hire CAA today for hassle-free VAT registration, finance management, accounting and other bookkeeping services! CAA will do the best for your company with their impeccable customer services.

5 Tips to Hire the Best Auditing Firm In Dubai Airport Free Zone

It is vital to hire the best auditing firm in Dubai for your business in Dubai Airport Free Zone.   This zone is a hub for extensive and exclusive trade and commerce both at the national and international level. Only the best firms will give you comprehensive financial assistance. How will you find the best out of many auditing firms in Dubai Airport Free Zone? Read on the five tips listed below -

1. Work precision

When it comes to auditing, you need an accurate piece of work.  You must look for an expert who has an eye for detail and is properly qualified for this job.  Also look for the flexibility of the auditing firm and if they are good in providing tailor-made services.

2. One top solution 

You must look for an audit firm that can help you with all the audit-related tasks so that you do not have to hire a different professional for different work. If you are setting up your business in Dubai airport free zone, then make sure that the auditing firm offers auditing services to businesses both within and outside Dubai.

3. Transparency and Efficiency 

Look for auditors who are transparent in communication and have no history of fraudulent activities. They must not hesitate to show their past portfolio and achievements in handling disputes.  If the audit firm answers all your queries efficiently and effectively then it is the right company to hire.

4. Negotiations

Effective negotiation is the key to collaborate with the right auditing company.  The firm that well negotiates with you about your business problems is the one that will allow you to negotiate about the prices.  This will give you the flexibility to compare the prices of the services with similar other companies in Dubai.

5. Experience

You must hire a reputed and an experienced auditor for your business who has worked with similar business operations before.   Check out their experience in working with both small and large corporations in Dubai Airport Free Zone.  It will help them deliver perfect results and save your time and money.

Closing thoughts

Hire top audit firms in UAE whether you are planning for company formation in Dubai Airport Free Zone or looking for assistance with complex financial planning.  A per my knowledge one of the best audit firms in Dubai, UAE that will take your business to new heights is Coast Accounting and Auditing (CAA).  Contact them now for more details.

Company Formation in Meydan Free Zone Dubai Is Easy and Cost Effective

Meydan Free Zone or MFZ in Dubai is attracting businesses across the globe owing to its cost-effective and easy company formation facilities.  Located in the heart of Dubai, Meydan serves as the center for several business events and major conferences.  There are range of business activities allowed in this zone including advertising, trading, marketing and communications, import and export goods, and consultancy ad professional services.

Why Is MFZ A Right Choice For You? 

Company formation in this zone is very easy for startup ventures, freelancers, entrepreneurs, and consultancy and media operations.  Quick registration process enabled by the state government encourages a lot of investors from all over the world. Meydan is profitable for both small and big business startups because it is centrally-located economic district and offers a host of unique investment benefits. MFZ empowers productivity, which is a great opportunity for you to take your business to new heights. 

Advantages of Business Set Up In MFZ 

You can leverage the following advantages by registering your company in Meydan- 
 Viable prospect for foreign investment
 Flexible office spaces and commercial spaces
 Excellent business security
 Seamless registration and licensing procedures
 All free zone benefits
 No requirement  for deposit of capital
 Tax exemption

Company Formation in Meydan Free Zone is right for your business or not?

There are many factors to consider and a long procedure to follow in case you’re looking for business set up in MFZ. Are you aware of what documentations you will need? Do you know the process of obtaining license or registration approval?

Hire companies such as Coast Accounting and Auditing (CAA), Dubai to determine if it is feasible option for your business to set up company in Meydan. 

Let the experts make it is effortless and smooth for you. Taking the help of experienced professionals will help you expedite your free zone company formation process. CAA experts offer client-centric services and work dedicatedly towards your business progress and formation in MFZ.  Contact them via http://www.coastauditing.com/  to know the services offered by them.