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  • 01 Book keeping
    and Accounting
  • 02 UAE
    VAT
  • 03 Business Setup
    Services
  • 04 Business Support
    Services
  • 05 Indian Tax and FEMA
    Compliance & Advisory

UAE Related Services

  • Simplifying your accounting needs

book keeping and accounting

With extensive experience and expertise, Team GBCA ensures that the financial transactions of the clients are accurately recorded and kept up-to-date, allowing key decision makers to rely on management reports. This can help in taking decisions that can reduce administrative burden, overall costs and overheads, improve efficiency and lay down a strong foundation for clients’ organisation, allowing clients, the time and resources to focus on growing and developing the business.

Transaction System Setup & Training

Our team can assist in setting up proper accounting systems and process flow as per clients’ specific business requirements. We can also provide training to client’s team on the best practices of accounting, processing and documentation ensuring hassle free day to day operations and also smooth transition in case of change of key personnel.

Accounts receivable and payable outsourcing

Cash flow management is a critical function in any organisation. We assist with accounts receivable and payable to help with better cash flow management.

  • Understanding the business process and internal controls
  • Procedures for timely follow-up /timely payment procedures
  • Periodical status report to the management
Accounts review and reconciliation services

We provide an independent review of the accounts prepared by clients and recommend suggestions to improve the reliability of financial information and internal control process. This may include Cash/Bank Reconciliation, Inventory Reconciliation, Receivables and Payables Reconciliation etc

VAT advisory

We assess the financial impact of VAT on the transactions undertaken or proposed to be undertaken by clients and provide insight along with solution customised to clients requirements in compliance with law

VAT Awareness and Training Session to Employees

This mainly includes:

  • Training client’s team with basic and general provisions of the VAT law
  • Industry-specific impact analysis and training
  • Addressing client team's routine queries in relation to impact of the law, tax, accounting, documentation and processes.
VAT Registration/Deregistration

We assist in the process of obtaining registration i.e. TRN with the FTA and the process of deregistration.

VAT Compliance Support

A taxable person is responsible to submit VAT return in the UAE in the prescribed format given by the FTA. We extend our support to organisations in the UAE for filing their VAT Return and other requirements such as account update with the FTA, assistance in applying for refund etc.

VAT Audit/Health check-up

Health Checks are a comprehensive review of the organisation’s VAT readiness and compliance procedures. Based on our health check-up reports, the organisation will be better equipped to mitigate any deficiencies, improve efficiencies, review and validate their VAT treatments to various business transactions, while also ensuring the accuracy of the information reported to the FTA.

  • Your trusted VAT consultants

UAE VAT

We offer comprehensive VAT solutions to ensure hassle free and smooth functioning of clients’ business operations. We also assist in evaluation of the financial impact of VAT on business transactions and corrective measures for impact mitigation and tax leakages. We support organisations in tax compliances, refund processing and streamlining accounting systems and databases in compliance with the law

  • Your trusted VAT consultants

UAE VAT

We offer comprehensive VAT solutions to ensure hassle free and smooth functioning of clients’ business operations. We also assist in evaluation of the financial impact of VAT on business transactions and corrective measures for impact mitigation and tax leakages. We support organisations in tax compliances, refund processing and streamlining accounting systems and databases in compliance with the law

VAT advisory

We assess the financial impact of VAT on the transactions undertaken or proposed to be undertaken by clients and provide insight along with solution customised to clients requirements in compliance with law

VAT Awareness and Training Session to Employees

This mainly includes:

  • Training client’s team with basic and general provisions of the VAT law
  • Industry-specific impact analysis and training
  • Addressing client team's routine queries in relation to impact of the law, tax, accounting, documentation and processes.
VAT Registration/Deregistration

We assist in the process of obtaining registration i.e. TRN with the FTA and the process of deregistration.

VAT Compliance Support

A taxable person is responsible to submit VAT return in the UAE in the prescribed format given by the FTA. We extend our support to organisations in the UAE for filing their VAT Return and other requirements such as account update with the FTA, assistance in applying for refund etc.

VAT Audit/Health check-up

Health Checks are a comprehensive review of the organisation’s VAT readiness and compliance procedures. Based on our health check-up reports, the organisation will be better equipped to mitigate any deficiencies, improve efficiencies, review and validate their VAT treatments to various business transactions, while also ensuring the accuracy of the information reported to the FTA.

  • Your effortless beginning in a new country

Business Setup services

There is a lot of debate about which is better to start, between the free zones and the mainland. It depends on the type of business to be started in the UAE. Based on client’s requirement, we provide strategic business inputs to ensure a smooth incorporation process. We also assist in the initial period of the set-up for any accounting or support services.

Mainland incorporation

Mainland is a highly preferred destination where one can start own business venture. Both, the business opportunities and facilities make it an ideal destination to open an organisation.

FTZ incorporation

A free trade zone is an area with special tax-free status and low trade barriers where goods can be manufactured, imported/exported, handled, or reconfigured with tax benefits. The UAE government has set up multiple free zones in the Emirates, each designed for specific business activity.

India Team Support

Our Team in UAE is supported by GBCA & Associates LLP India

Internal Financial Control

Internal Financial Controls consist of policies and procedures to be adopted by the organisation for a strong control environment to ensure:

  • Orderly and efficient conduct of business, including adherence to organisation's policies
  • Safeguarding of its assets
  • Prevention and detection of frauds and errors
  • Accuracy and completeness of the accounting records and
  • Timely preparation of reliable financial information

Performed by our team of professionals, we help to build and develop process and controls by conducting an extensive review of the internal financial processes and controls, operating effectiveness of such controls and control framework that will help meet client’s goals. We provide the following range of advisory services:

  • Documentation of the financial processes throughout the organisation
  • Identification of significant risks and controls for all key financial process areas and designing the Risk and Control Matrix (RCM)
  • Assessment of gaps in internal financial controls and identification of alternatives to fill such control gaps
  • Testing the design and operating effectiveness for all identified key financial controls, identifying control deficiencies and suggesting remedial plans
  • Training client’s team on internal financial controls
IFRS advisory

International Financial Reporting Standards (IFRS) play a pivotal role in global financial reporting as countries across the globe are adopting them. The increasing complexity of financial reporting and the rapid pace of change has led to significant increase in demand for expert accounting advice. Our service offering includes:

  • Impact analysis and technical advisory
  • Implementation services of new accounting pronouncements
  • Training client’s team on basic and general provisions of IFRS
  • Preparation of accounting manual and policies
  • Preparation of financial statements
Customised MIS Reports

Management Information System (MIS) Reporting provides business critical information to the management and business owners which aid in complex decision making.

  • Customized Reports to the Management relating to Profitability analysis, Trend Analysis, Ratio Analysis etc.
  • Preparation of Financial Statements such as Balance, Profit and loss account, Cash flow statement etc. for reporting to various stakeholders.
  • Assisting to build a foundation for a solid success story

Business Support services

The complexity of the ever changing regulatory environment makes it imperative for clients to invest in analysis of various business support services.

  • Assisting to build a foundation for a solid success story

Business Support services

The complexity of the ever changing regulatory environment makes it imperative for clients to invest in analysis of various business support services.

Internal Financial Control

Internal Financial Controls consist of policies and procedures to be adopted by the organisation for a strong control environment to ensure:

  • Orderly and efficient conduct of business, including adherence to organisation's policies
  • Safeguarding of its assets
  • Prevention and detection of frauds and errors
  • Accuracy and completeness of the accounting records and
  • Timely preparation of reliable financial information

Performed by our team of professionals, we help to build and develop process and controls by conducting an extensive review of the internal financial processes and controls, operating effectiveness of such controls and control framework that will help meet client’s goals. We provide the following range of advisory services:

  • Documentation of the financial processes throughout the organisation
  • Identification of significant risks and controls for all key financial process areas and designing the Risk and Control Matrix (RCM)
  • Assessment of gaps in internal financial controls and identification of alternatives to fill such control gaps
  • Testing the design and operating effectiveness for all identified key financial controls, identifying control deficiencies and suggesting remedial plans
  • Training client’s team on internal financial controls
IFRS advisory

International Financial Reporting Standards (IFRS) play a pivotal role in global financial reporting as countries across the globe are adopting them. The increasing complexity of financial reporting and the rapid pace of change has led to significant increase in demand for expert accounting advice. Our service offering includes:

  • Impact analysis and technical advisory
  • Implementation services of new accounting pronouncements
  • Training client’s team on basic and general provisions of IFRS
  • Preparation of accounting manual and policies
  • Preparation of financial statements
Customised MIS Reports

Management Information System (MIS) Reporting provides business critical information to the management and business owners which aid in complex decision making.

  • Customized Reports to the Management relating to Profitability analysis, Trend Analysis, Ratio Analysis etc.
  • Preparation of Financial Statements such as Balance, Profit and loss account, Cash flow statement etc. for reporting to various stakeholders.

India Related Services

  • One stop solution for Non-Resident Indians

Indian tax and FEMA Compliance & advisory

As the needs of families grow across wealth and governance, they increasingly seek more than just regular compliance services. We use state-of-the-art technology platforms, infrastructure, peer networks and the expertise to build holistic and innovative solutions for client’s family to compare client’s actual financial affairs with client’s desired financial plans and to serve as a one stop solution for all client’s tax and regulatory requirements.

Indian Tax compliance & Advisory

We offer complete compliance and advisory services including following range of services:

  • Advisory and Certification for withholding tax for payments to NRIs
  • Advisory and application for lower/nil tax deduction certificate from Indian Tax Authorities to reduce blockage of funds as tax refunds.
  • Tax Advisory, Income Tax Return, Representation and allied services
FEMA Tax compliance & Advisory

We offer complete compliance and advisory services including following range of services:

  • FEMA Advisory and support services in relation to acquisition & transfer of Indian Asset and remittance of funds from India.
  • Entry Strategy and Compliance for business venture in India
Accounting and Wealth Reporting

Our platform helps to consolidate client’s entire Balance Sheet across multiple asset classes. This will help you evaluate your net wealth for achieving investment targets and also maintain a strong focus on overall risk management. We offer proactive solutions focussing on client specific requirement.

Investment support services

We assist clients to comply with investment procedures and documentation in relation to opening of bank account(s), KYC, demat account procedures, application of OCI Card etc. We also support in identification of mutual funds, PMS or other secondary market investment opportunities suitable for clients. Our focus is to save client’s time so client may concentrate on his business. We also provide document maintenance and digitalization services for easy and convenient retrieval, whenever required.

Estate and succession planning

Estate planning is a sensitive and often overlooked subject. Distribution of wealth and how the wealth should be made available to the successors is an important process. One’s unique wishes on succession can be addressed through a well thought out combination of gifting of assets, drafting Wills, formation of private Trusts, family arrangements etc. We are committed to assisting our client in crafting a personalised succession plan for an enduring legacy in the most tax efficient manner.