GBS DMCC

  Importance & merits of having a CFO is an open secret & widely recognized fact. Presence & availability of an experienced professional is invaluable and immeasurable for organization that has CFO onboard. Many organizations, especially SME’s, though intend to hire but find it prohibitive to appoint a fulltime CFO. But why an entity deprive itself from benefit that  accrues or emanate  from experience of qualified professional who can work as CFO for their organization on time sharing basis. This time sharing allows SME’s and new businesses get benefited from experienced professional at friendly cost. GBS therefore  present or brings    a solution as shared CFO services. Shared CFO Service also known as part time CFO or interim CFO or outsourced CFO or virtual CFO. It is an ideal arrangement for SME’s & newly started businesses. During growth or otherwise, entities require an experienced & qualified person to drive and give impetus to v...

Gulf Co-operation Council (GCC) countries agreed in 2015 for GCC wide implementation of VAT - Value Added Tax. UAE as a part of this drive to increase non-oil revenue, has implemented VAT w.e.f 1st Jan 2018 at a standard rate of 5%. Federal Tax Authority (FTA) is the government entity responsible for implementaiton and enforcement of VAT in UAE. VAT is a general consumption tax which is applied on goods and services as the Value incrementally increases at various stages. The imposition of VAT has greatly impacted the functioning of the business in UAE. VAT considerations will come into play with changes in business scenarios, such as the launch of new business lines, new services/transactions being added to your business, changes in your supply-chain structure or changes in employee fringe benefits, etc. All these would need review and advice from a VAT impact perspective. We at KAA, specialize in providing client focused advisory services on VAT related matters. We have been providing...

The Accounting Services standard at Kothari Auditors is up-to-date with global standards keeping up with the convergence of accounting and auditing standards throughout the world. We provide insight to key accounting and auditing guidance for our clients as a key factor that is critical for successful business and for implementing accounting exercises effectively. Our deep understanding of local requirements help us adapt and implement global best practices locally, ensuring excellent standards in all our services. Some of our key Accounting Services are: Setting up accounting procedures Identifying financial accounting software & it’s implementation Accounts updation on periodical basis Revenue and Inspection Audit Supervision & review of financial accounting records Forecasts, budgets and projections Financial reporting Accounting firms in Dubai

  Audit and Assurance Kothari Auditors & Accountants offer comprehensive audit services including statutory, internal, management audit, concurrent audit, audit of management plans, policies & control mechanism. Our audit services are extensive and in addition to clients in UAE and GCC we also service organizations across the globe. The audit exercise is a useful management tool and the Kothari Auditors team carefully plans the exercise to focus on significant areas of controls and accounting procedure such as: Statutory Audit Internal Audit Concurrent Audit Revenue and Inspection Audit Stock Audit Physical Verifications Limited Review The audit team will understand the business model first and ensure the accounting system and internal controls are set in the prescribed standard. This approach brings in the knowledge base gained by Kothari Auditors to the client and has helped raise the standard of controls for our clients. The Kothari Auditors & Accountants client list...

  Citizenship By Investment – Antigua and Barbuda Antigua and Barbuda is an independent Commonwealth country comprising its 2 namesake islands and several smaller ones. Positioned where the Atlantic and Caribbean meet, it’s known for reef-lined beaches, rainforests and resorts. Its English Harbour is a yachting hub and the site of historic Nelson’s Dockyard. In the capital, St. John’s, the national museum displays indigenous and colonial artefacts. Over 32,000 people live in the capital city, St. John’s. The capital is situated in the north-west and has a deep harbour which is able to accommodate large cruise ships. Benefits of Antigua & Barbuda Citizenship by investment program : Dual Nationality: No obligation to relinquish current nationality The ability to include the spouse and children under the age of 30 in the main application. The ability to include the father, mother of both the applicant and/or spouse. The ability to pass one’s citizenship to future generations by de...

  Seychelles is an archipelago located northeast of Madagascar in the Indian Ocean. The archipelago is approximately 2.5 times the size of Washington, DC. It is comprised of over one hundred islands. The total population of Seychelles is approximately 79,000. The weather ranges from humid to tropical marine. The government type is a republic. The capital city of Seychelles is Victoria. Seychelles is one of the newer offshore center in the world and benefits from it’s extensive offshore legislation. Required Documents for Seychelles Company Registration : KYC Documents for individual Director/Shareholder: Passport – original to be verified personally in our office, otherwise client can provide an original notarized copy of the passport Proof of address (in the form of utility bill, dated less than 3 months) Bank reference (dated less than 3 months with satisfactory record clearly mentioned and also the time period the client has been dealing with the bank: minimum of 2 yrs) Detailed...