JSK & Jymma’s Post

📚 Do You Need Professional Accounting and Tax Support in the UAE? Absolutely! In the UAE, maintaining accurate financial records isn’t just a recommendation—it’s a legal obligation under UAE Commercial Company Law and Corporate Tax Regulations. Here’s why professional accounting and tax services are essential for your business: ✅ Transparency: Accurate financial records showcase your business's true financial position and help build trust with investors and stakeholders. ✅ Compliance: UAE laws mandate proper bookkeeping and financial reporting, ensuring your business stays compliant and avoids penalties. ✅ Corporate Tax & VAT Requirements: Whether it’s filing VAT returns, preparing for corporate tax, or handling financial audits, maintaining detailed records is crucial for regulatory adherence. 💡 The Solution: Outsourcing your accounting and tax services to professionals like JSK & JYMMA ensures compliance, saves time, and allows you to focus on growing your business. With 17+ years of expertise and a 95% client retention rate, we provide tailored, cost-effective solutions that align with your business goals. 📞 Let us take care of your financial management: 📧 info@jymma.com 📱 +971 04 3858545 Let’s ensure your business stays ahead in the UAE’s dynamic market. #UAECompliance #CorporateTax #Accounting #BusinessSetup #JSKandJYMMA #VAT #Audit

Who else, other than CDA? That would be the more apt question. Here are a few reasons why CDA is the best choice for Accounting Services in the UAE: Experienced Team: Highly qualified professionals dedicated to improving your business. Comprehensive Services: Offer Accounting, Bookkeeping, VAT consultancy, and more. Transparency: Maintain accurate financial records, ensuring compliance and preventing fraud. Client-Centric Approach: Services tailored to client preferences and industry needs. Decision Support: Combined accounting and CFO services provide clarity for strategic decisions. Growth-Oriented: Focus on driving profits, improving cash flow, and business growth. Peace of Mind: Ensure efficiency and actionable financial insights for business success. Compliance: Adhere to UAE laws and regulations with optimal accounting services. Wide Range of Services: Include Financial Advisory, Tax Consulting, Management Consulting, VAT Registration/Deregistration, Internal Audit, and Business Advisory Services. #VAT #tax #CorporateTax #taxation #TaxConsulting #cashflowmanagement #CDAAudit #CDA #uaetax [Tax Consulting, Cash flow Management, Tax services, UAE Tax , VAT ]

6 Red Flags UAE Businesses Should Avoid in Accounting 1. Non-Compliance with VAT Laws Missing VAT deadlines or filing incorrect returns? Risk: Penalties from the UAE Federal Tax Authority (FTA). Tip: Work with a professional to ensure accurate VAT compliance. --- 2. Ignoring Corporate Tax Planning Not preparing for UAE's Corporate Tax requirements? Risk: Unexpected tax liabilities and non-compliance issues. Tip: Consult a CA to align your business with corporate tax regulations. --- 3. Mismanaging WPS (Wage Protection System) Failing to process employee salaries through WPS? Risk: Government fines and operational bans. Tip: Ensure salary disbursement is WPS-compliant. --- 4. Inaccurate Expense Tracking Are all your business expenses properly recorded? Risk: Incorrect financial reports and higher tax liabilities. Tip: Keep a detailed record of all transactions and receipts. --- 5. Overlooking Audit Preparations Skipping regular audits of your financial records? Risk: Issues during official inspections or audits. Tip: Conduct internal audits or hire professionals for audit-readiness. --- 6. Lack of Proper Financial Forecasting Running your business without a financial plan? Risk: Cash flow issues and poor decision-making. Tip: Use expert guidance to create reliable budgets and forecasts. --- CTA: Stay compliant, avoid penalties, and grow your business in the UAE. Partner with our CA firm for expert accounting and advisory services. #UAEAccounting #BusinessComplianceUAE #VATCompliance #CorporateTaxUAE #WPSCompliance #UAEBusinesses #FinanceSolutions #TaxPlanningUAE #AuditSupport #AccountingTips #GrowYourBusinessUAE #FinancialSuccess #TaxExpertsUAE #SmartBusinessTips #CAFirmUAE

Bookkeeping: it’s a Legal Obligation Under UAE Law In the UAE, bookkeeping is not just good practice—it’s a legal mandate. According to Article 26 of Federal Law No. 2 of 2015 on Commercial Companies and Article 78 of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, businesses are required to maintain proper accounting records for a minimum of 5 years from the end of the relevant financial period. Why is this important? 1. Legal Compliance: Proper bookkeeping ensures businesses meet their obligations under UAE laws, avoiding penalties and ensuring transparency with authorities like the Federal Tax Authority (FTA). 2. Financial Accuracy: Accurate records provide a clear picture of your company’s financial health, supporting sound decision-making. 3. Audit and Tax Readiness: UAE businesses must be prepared for tax audits and investigations, where detailed financial records are key to compliance. 4. Sustainability and Growth: Organized financial records boost investor confidence, attract funding, and facilitate smoother business operations. #UAE #Bookkeeping #Compliance #BusinessLaw #Accounting

Managing the financial health of your business in the UAE is a complex task, especially when it comes to tax & accounting. What if there was a way to streamline your financial operations & ensure compliance seamlessly allowing you to focus on what truly matters – the growth & success of your UAE business? We understand the complexities of handling finances, & that's why we introduced our annual tax & accounting package, supporting businesses just like yours. Let's take a closer look at what our annual tax & accounting package includes: - Quarterly Value Added Tax (VAT) Filing (Annual) - Annual Audit Preparation - Tax Advice - Accounting Setup - Corporate Tax Filing - Accounting / Bookkeeping - Annual License Ready to simplify your financial processes, avoid unnecessary fines for late or incorrect accounting, tax & VAT fillings. Our team of accounting & tax experts are here to support your business needs. Contact us today on 📧 tax@creationbc.com or 📞 UAE +971 4 878 6240 | KSA +966 54 995 2676. #CreationBC #BusinessSuccess #taxservices #BusinessConsulting #ConsultancyServices #BusinessAdvisory #CorporateStrategy

Are you a business owner in the UAE looking to streamline your accounting and tax processes? Look no further! Our expert team is here to provide top-notch accounting and tax services tailored to your needs. With our extensive experience and in-depth knowledge of UAE regulations, we ensure accurate financial reporting and compliance, allowing you to focus on growing your business. Whether you need assistance with bookkeeping, tax planning, VAT compliance, or any other accounting-related matter, we've got you covered. Don't let accounting complexities bog you down. Contact us today to learn how we can help you navigate the financial landscape with ease! #AccountingServices #TaxServices #UAEBusiness #FinancialExperts 📈✅

Ever wondered whether you need cash basis or accrual basis accounting in the UAE? First of all a Person accounting on a cash basis incurs expenditure when it is paid and a Person accounting on an accruals basis incurs expenditure when the obligation to pay arises. According to Ministerial Decision No. 114 of 2023 on the Accounting Standards and Methods for the Purposes of Federal DecreeLaw No. 47 of 2022 on the Taxation of Corporations and Businesses this is what you need to follow: Article (2) Preparing Financial Statements Using the Cash Basis of Accounting For the purposes of paragraph (a) of Clause (5) of Article (20) of the Corporate Tax Law, a Person may prepare Financial Statements using the Cash Basis of Accounting, in any of the following instances: 1. Where the Person derives Revenue that does not exceed AED 3,000,000 (three million United Arab Emirates dirhams). 2. In exceptional circumstances and pursuant to an application submitted by the Person to the Authority. If you need assistance with your corporate tax registration, VAT and/or bookkeeping in the UAE, even as a free zone company, drop me a message. There is more to it. #dubaitax #dubaibusiness #dubaifinance #taxes #bookkeeping #becompliant

Mastering Compliance: Tax and Financial Excellence Navigating the intricate maze of Corporate Tax, VAT, and Financial Compliance in the UAE can seem overwhelming, but it doesn't have to be. As the UAE strengthens its regulatory framework to align with global standards, ensuring your business remains compliant while thriving in this dynamic market is critical. At THE FIRST PARTNER, we’re here to provide more than just services—we deliver peace of mind. Here’s how we empower our clients: 📌 Corporate Tax Compliance: From registration to filing, we ensure your business is tax-compliant, helping you avoid penalties and optimize your tax strategies. 📌 VAT Services: Seamlessly manage VAT registration, filing, refunds, and audits with our expert guidance. 📌 Accounting & Bookkeeping: Real-time, accurate financial reporting ensures your business is always on top of its financial health. 📌 CFO & Advisory Services: Tailored financial strategies designed to drive growth and profitability. 📌 Comprehensive Support: We handle the fine print, including audits, MIS reporting, and financial forecasting, so you can focus on growing your business. 📖 Read our Blog to learn more: https://lnkd.in/d_C9jbap 📞 Contact us today to schedule a free consultation: https://lnkd.in/ddikimy3 #UAECompliance #CorporateTax #VAT #Bookkeeping #Accounting #TheFirstPartner #BusinessGrowth

Building your dream home just got easier. UAE residents can now enjoy VAT redemption on house and building construction costs. To Know More Contact Us Today. Claim your savings and invest in your future today. We’re here to support your financial growth! Let’s tackle these bookkeeping basics together. #taxation #uae #uae #audit #accounting #accountability #business #consulting #consultingservices #CorporateTax #BusinessPreparation #consulting #consultingservices #CorporateTax #BookworksExperts #accounting #accountability #business #consulting #consultingservices [ Taxation – audit – accounting - consulting services - Corporate Tax - Corporate Tax - BookworksExperts ]

Simplify your UAE business finances with our tax & accounting package. Focus on growth while we handle the rest. Contact us today! #CreationBC #TaxTuesday