Accounting & Bookkeeping
Accurate bookkeeping is the foundation of sound financial management. It involves systematically recording all business transactions to produce reliable and organized accounting records. This process enables businesses to track performance, manage cash flow, and comply with tax and regulatory requirements.
At M R Consultancies, we offer comprehensive accounting and bookkeeping services tailored to your business needs ensuring your financial data is always accurate, up to date, and compliant.
Our Core Accounting & VAT Support Services
Value Added Tax (VAT) Services
Value Added Tax (VAT) is an indirect tax applied to goods and services at each stage of the supply chain and is implemented in over 150 countries, including the UAE. Similar to the Goods and Services Tax (GST) in other regions, VAT is ultimately borne by the end consumer. Businesses act as tax collectors on behalf of the government charging VAT on sales, remitting it to the authorities, and claiming refunds on VAT paid to their suppliers. This ensures a transparent and efficient tax system that supports compliance and economic regulation.
At M R Consultancies, we simplify VAT compliance by offering end to end support from registration to return filing and audit assistance. Our expert team ensures your business remains fully compliant with UAE VAT laws.
Our VAT Compliance Services
Value Added Tax (VAT) Services
Value Added Tax (VAT) is an indirect tax applied to goods and services at each stage of the supply chain and is implemented in over 150 countries, including the UAE. Similar to the Goods and Services Tax (GST) in other regions, VAT is ultimately borne by the end consumer. Businesses act as tax collectors on behalf of the government charging VAT on sales, remitting it to the authorities, and claiming refunds on VAT paid to their suppliers. This ensures a transparent and efficient tax system that supports compliance and economic regulation.
At M R Consultancies, we simplify VAT compliance by offering end to end support from registration to return filing and audit assistance. Our expert team ensures your business remains fully compliant with UAE VAT laws.
Our VAT Compliance Services
Corporate Tax (CT) Services
The United Arab Emirates has introduced a Federal Corporate Tax (CT) under Decree-Law No. 47 of 2022, effective for financial years starting on or after June 1, 2023. This reform aligns the UAE’s tax system with international standards, promoting transparency and sustainable economic growth. The law outlines the taxation framework for corporations and businesses across the UAE, reflecting a major shift in the country’s business environment.
At M R Consultancies, we provide specialized Corporate Tax services to help businesses understand and comply with the new regulations. From tax registration and obligation assessment to accurate filing and strategic planning, our expert team offers comprehensive support tailored to your needs, ensuring full compliance and optimal tax positioning.
Our Corporate Tax Compliance Services
AML Compliance Services
Under Federal Law No. 20 of 2018, specific businesses in the UAE are legally required to comply with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. This includes auditing and bookkeeping firms, auditors, and dealers in precious metals and stones. These measures aim to enhance financial transparency and prevent the misuse of the financial system for illicit activities.
At M R Consultancies, we help businesses meet AML compliance requirements through expert guidance and tailored solutions. Our services include AML risk assessments, policy development, internal controls, and support with regulatory reporting, ensuring your business remains fully compliant with UAE law and international standards.
Our AML Compliance Services
AML Compliance Services
Under Federal Law No. 20 of 2018, specific businesses in the UAE are legally required to comply with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. This includes auditing and bookkeeping firms, auditors, and dealers in precious metals and stones. These measures aim to enhance financial transparency and prevent the misuse of the financial system for illicit activities.
At M R Consultancies, we help businesses meet AML compliance requirements through expert guidance and tailored solutions. Our services include AML risk assessments, policy development, internal controls, and support with regulatory reporting, ensuring your business remains fully compliant with UAE law and international standards.
Our AML Compliance Services
Company Formation & Business Support
Setting up a business in the UAE requires careful planning and knowledge of local regulations. At M R Consultancies, we offer expert guidance to help you choose the most suitable business structure, whether in a free zone, mainland, or offshore jurisdiction, ensuring your setup aligns with your goals, industry, and budget.
As a trusted company service provider, we handle every step of the formation process, from trade name registration and licensing to documentation and approvals. Our ongoing business support ensures a smooth launch and continued compliance, so you can focus on growing your business with confidence.
Company Formation & Business Support Services
Auditing Assistance
We assist with the examination of financial statements, physical verification of assets, review of internal controls, and evaluation of compliance with financial reporting standards. Our goal is to help you identify areas for improvement, reduce risks, and maintain full compliance with UAE regulations.
Our Auditing Services Include
Auditing Assistance
We assist with the examination of financial statements, physical verification of assets, review of internal controls, and evaluation of compliance with financial reporting standards. Our goal is to help you identify areas for improvement, reduce risks, and maintain full compliance with UAE regulations.
Our Auditing Services Include
Liquidation Services
Our expert team manages every step of the process, including document filing, obtaining necessary approvals and NOCs, settling accounts, and preparing final liquidation reports. We liaise directly with authorities to secure your liquidation certificate, allowing you to close operations with peace of mind