Corporation Tax

AA Accounting offer corporation tax advice to firms in Abu Dhabi and beyond. With our support, you can focus on running your core business and achieving future growth aspirations whilst having maximum control and the ability to make informed decisions. Our service is both proactive and tailored to your own company – all to reduce your tax bills for good, whatever the stage of your company ' s life cycle.

VAT Returns

VAT or Value Added Tax is the tax levied on every exchange and applies to all activities involved in the production and provisioning of goods and services. VAT returns normally involve the payment due and post deduction of VAT on purchases from the VAT amount charged on the sale. AA Accounting is a leading VAT return service providing company and can take care of all your VAT return needs. VAT is often a very tedious and monotonous job for enterprises to handle and is best outsourced. If your organization is looking for expert VAT return services, outsource to AA Accounting. Our VAT return filing services include -

• Acting as Your Registered Representative
• Helping you Meet All Statutory Obligations
• Up-to-date Record
• Online VAT Registration
• Accurate Account Set-up
• Accurate VAT Calculations
• VAT Returns Submissions
• VAT De-registration

VAT Audit

VAT Training

Though we are here for your help anytime you require it, your employees must remain VAT ready. Our training programs are strategically designed to make your senior management familiar with the impact of VAT implementation on various aspects of your company due to its business model. The training programs explain the management of the risks involved in the incorrect execution of VAT. After this, sessions are conducted to demonstrate to the administration the techniques on how these risks can be reduced. Workshops are organized for staff to make them learn about the changes in the documentation, control check on the information, procedure of tax return filing, etc

Internal Audit

Internal auditing is an objective assurance and consulting activity designed to add value and improve an organization's operations. It can help an organization accomplish its strategic objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control, and governance processes.
AA Accounting’s Internal Audit services help boards and senior executives better manage enterprise risks. AA Accounting professionals help organizations enhance the effectiveness, quality, and value received from internal audits (IA). AA Accounting’s broad understanding of risks and areas of operational improvement — particularly the nuances of specific industry sectors and markets — can help internal audit functions improve their performance and operating efficiency and bring value to their organizations.

External Audit

We deliver independent, high quality and efficient audits of financial statements. The quality of our audit is an assurance to stakeholders of the reliability of the financial information provided to them. The Abu Dhabi business community is made up of enterprises varying in size and needs, and operating in different industries. We at AA Accounting can adapt our services to the individual needs of each business. Our partners and professional staff have the knowledge and experience necessary to deal with complex financial reporting issues. Through the composition of multidisciplinary teams, we are in a position to deliver efficient and focused audits distinguished by high professional quality

ICV Services

The National ICV certification program has been envisioned to boost the growth of local industries by reducing the dependence on imports and launching other initiatives such as financing incentives. The ICV program aims to support the national industry and redirect amounts spent in procuring goods and services towards the national economy. The major objectives of the program are:

Strategic supply chain localization and development of new local industries & services Encouraging and attracting foreign investments, diversifying the economy, and boosting exports Generating private-sector job opportunities of great value Contributing to national GDP growth Boost the spending on R&D and advanced technology Boost the contribution of the private sector’s to the UAE GDP

TRC Services

At present, commercial activities in the UAE are boosting International trade links, but it also gets complicated once it gets trapped in the tax regime. As a result, businesses are now tackling the problem of double taxation. To resolve this concern, a tax residency certificate in UAE com e s into the equation. The strain of taxation can be avoided with the tax residence certificate in Dubai and the added benefit of a double taxation treaty to follow. A Tax Residency Certificate (TRC) is available to any company operating on the mainland or in a free zone that has been operating in the country for at least a year. The tax residence certificate in Dubai has a one-year validity period from the date of issue. The Tax Residency Certificate, also known as the TRC Dubai, can be used by corporations and individuals. Additional certificate applications can also be filed depending on unique needs. Tax residency certificates are not available to offshore corporations; therefore, they should get a tax exemption certificate.

Quarterly VAT Returns

VAT is complicated... Even for the experts, it can be a minefield. Do you know the difference between Standard, Exempt, and No VAT items for example? Do you know the difference between hot and cold food... and don't get us started on sausage rolls! Get it wrong and you could be:

• Paying the taxman too much if you don't claim everything you're allowed
• Be over claiming VAT, resulting in penalties and fines should investigate

That's where we can help. We offer several services to help take the headache away and give you complete peace of mind. You prepare the VAT return and notify us when it's ready to go. Before submitting we'll give it a full review to ensure those VAT codes are correct. We once saved a client over 5000 dirhams after they had not claimed any VAT on mileage and other travel costs (travel costs are one of those minefields we mentioned)

Classification of Buildings

AA Accounting building services are the systems installed in buildings to make them comfortable, functional, efficient, and safe. Our building services include:

• Building control systems.
• Energy distribution.
• Energy supply (gas, electricity, and renewable sources such as solar, wind, geothermal, and biomass).
• Escalators and lifts.
• Facade engineering (such as building shading requirements).
• Fire safety, detection, and protection.
• Heating, ventilation, and air conditioning (HVAC).
• Information and communications technology (ICT) networks.
• Lighting (natural and artificial).
• Lightning protection.
• Refrigeration.
• Security and alarm systems.
• Water, drainage, and plumbing (including sustainable urban drainage systems (SUDS)).
• Carbon emissions calculations and reduction

For more information, contact AA Accounting.