Financial Services

Virtual CFO Services

Virtual CFO Services or part time CFO services refers to the senior management services required in the finance and accounts department in a company namely:

  • Budgeting and planning
  • Business support & cost control
  • Risk management
  • Compliances/Audit facilitation
  • MIS and variance analysis
  • Liaison with banks/funding
  • Internal Control

Small or medium scale companies who don’t have CFO’s can take advantage of these part time/virtual CFO services where we can provide all such services by senior and experienced chartered Accountants with more than 20-year experience in a similar kind of roles. This will ensure smooth operation of the accounts/finance department with up-to-date accounts, compliances and risk management.

Taxation Services

Corporate Tax Services

Corporate tax has become effective in UAE w.e.f. 1st June 23. We provide following services for corporate tax.

  • Corporate tax training
  • Corporate tax advisory/impact assessment
  • Corporate tax registration
  • Corporate tax computations/return filling

Value Added Tax (VAT) Services

Value added tax was introduced on 1st Jan 2018 in UAE. It is the tax collected on the sale of goods and services. We provide all services relating to VAT namely VAT advisory, VAT registration, VAT return filing, VAT Training, VAT audit facilitation etc.

Compliances and Due Diligence


In last three to four years, various new compliances have been introduced in UAE. Some of them are as follows:

  • Economic Substance Reporting (ESR)
  • Ultimate beneficiary owner (UBO)
  • Anti Money Laundering (AML)

Our Experienced team has expertise in handling all the compliances and can help in complying with all the regulations smoothly and on timely basis.

Due Diligence

Due diligence of the financial books is required in various cases including investigations, mergers and acquisitions, joint operations etc. Due diligence can be for various functions/aspect of the company depending on the circumstance and requirements.

  • Financial due diligence
  • Legal Due Diligence
  • HR & IT Due Diligence
  • Operations Due Diligence
  • Environment Due Diligence

Due diligence is a must for the buyer in merger and acquisition cases to ensure the correct pricing and facilitates analysis of the resources to be acquired.

Business Valuations

Business valuations are often required by business owners for various reasons. Some of the common reasons have been finding value of the company for potential sale of business, for partial sale of shares, for raising funds through stock market or arranging debt for upcoming expansion, in litigations/settlements.

There are various approaches and methods of business valuations. Three approaches to do business valuation are:

  • Income Approach
  • Market Approach
  • Asset Based Approach

Internationally accepted valuation principles give various methodologies to do business valuations. Our team has done business valuations of diverse industries including manufacturing, service providers, food and beverage (F&B) and Trading companies.

Internal Audit

Internal audit of a company has much wider scope then the financial audit (statutory audit) where books of accounts are audited. Internal audit is the audit of internal processes, systems, functions. The objective of Internal audit is to ensure that all the functions and departments are working as per the SOP’s defined and in the interest of the company objectives.

Internal audits can be done for a specific department/function or for the overall company covering a time horizon, quarterly, half yearly or yearly. Internal audit, finds out the scope of improvements in functions, looks into the mal practices, gaps in the implementations of policies and procedures and implementations of best practices by suggesting bottlenecks to the management.