At PalmClear accounting consultancy we provide a range of accounting services for all types and sizes of businesses. These services include
Yes, we conduct a regular check of all your business accounts, your daily transactions and financial reporting. We conduct thorough checking of all financial records to find if there are any gaps, errors or frauds and help you streamline the whole accounting system of your business with full honesty and confidentiality.
Yes, we conduct a regular check of all your business accounts, your daily transactions and financial reporting. We conduct thorough checking of all financial records to find if there are any gaps, errors or frauds and help you streamline the whole accounting system of your business with full honesty and confidentiality.
Accounting services take care of many aspects concerning a business like
Accounting can help in identifying redundancies in business contracts and areas of unnecessary spending and thus can suggest ways to reduce these expenses. By optimizing business processes we can help reduce costs and save money.
Accounting services take care of many aspects concerning a business like
Bookkeeping is a part of accounting where all financial transactions are recorded in the book of accounts. It mainly includes day-to-day financial transactions. These books form the basis of accounting.
When these records of financial transactions are compiled into income statements, cash flow statements and balance sheets. It is called accounting, which is the process of analysing, summarising, interpreting, and reporting financial transactions.
First, check the qualifications of the team of the firm which you are planning to hire. Then check what are the industries where the firm has provided bookkeeping services. This will give an idea of their domain knowledge. Lastly, you can check for reviews from past clients and how their experience was. Any company with good experience and a wide client base will be happy to share all this information with you.
Our bookkeeping services include account review, data entry, bank reconciliations, financial charts, VAT compliance and MIS reports.
Any records related to the business activities that will help the FTA to review the business transactions. The required documents and the time period to maintain records are mentioned in Federal law no (7) of 17 on Federal Law Procedures.
UAE has the highest percentage of the expatriate workforce. There are no exchange control restrictions in UAE. Political stability and security ensure a smooth run for businesses. UAE has a well-established infrastructure. It is considered a tax haven as there are no income taxes applicable.
In Mainland companies, the owner has 49% ownership and the local sponsor has the remaining. Free zone companies are 100% owned by the owner and are cheaper to set up. Offshore companies are the cheapest to set up and 100% owned by the owner if it resides outside UAE and it has no Visa requirements as well.
To set up a company in UAE, you need to first identify and select a business activity and a jurisdiction (offshore, free zone and mainland). After that, you determine the company structure and apply for a business license. Finally, you get the business registered, draft MoU, get approval and rent a place.
Dedicated to delivering clear, compliant, and dependable financial solutions.
+971543862075
SRTI Park, Sharjah, UAE
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