Our Services

We focus on serving the unique needs of our clients on a one-to-one basis. We are accessible, flexible, and personal, and we act as your business growth partner. We are dedicated to professionalism, integrity, and clients’ satisfaction.

Our Services Include:

  • Accounting
  • Bookkeeping
  • Taxation
  • Auditing
  • Investment

Accounting & Bookkeeping Services

All businesses are required to prepare accounts in an acceptable format predetermined by  accounting standards and national legislation, and we are always ready to assist in this regard.  Whether you are a sole trader, close corporation or private limited that requires accounts for self assessment or you are a government enterprise preparing statutory accounts or a charity preparing  an annual report, we will gladly prepare these on your behalf. You need to be able to concentrate on  managing and developing your business, doing what you are best at. It is therefore important to  have someone you can rely on to help with accounting and financial reporting matters. ABTAI  Accounting exists for this reason, to provide you with this valuable professional service. Using the  very latest software we undertake weekly, monthly and quarterly accounting work, a service. which  is tailored to the exact requirements, and budget, of each client. This allows us to produce detailed  management accounts and financial reports quickly and easily.

  • Option – 01

Annual or periodic accounts for Tax purposes or any other purpose based on financial data provided by client.

  • Option – 02

Monthly Management accounts and or forecasting based on financial data provided by client

  • Option -03

Advice and support on accounting software

  • Option – 04

Training in accounting for non- accounting managers and professionals including training in accounting software packages.

  • Option – 05

Accounting services including bookkeeping, reconciliations, and preparation monthly and annual  financial statements for all the purposes.

  • Option – 06

Option 04 plus budgeting and financial planning.

Taxation Corporate Tax

January 2022 United Arab Emirates (UAE) announced that it was going to introduce the corporate  tax for all businesses with certain exceptions.

The Federal Tax Authority (FTA) issued Federal Decree-Law No 47 (the Corporate Tax Law) in  December 2022. Under this corporate tax law shall be applicable only to taxable net profit made by  juridical persons and businesses.

The applicable tax rate is 9% on taxable income above AED 375,000. To calculate this taxable  income, the accounting income shall be adjusted for certain transactions and elements covered by  article 20 of CT Law.

Many UAE companies will face difficulties when complying with the new corporate tax.

We assist you with  :
  • Tax registration
  • Tax filling
  • Tax planning
  • Tax consultation
  • Maintenance of Tax records

Value Added Tax

Abtai LLC FZ is qualified professional and experienced VAT experts team who will help you to ensure  that all the functions of your business are in line with the Federal Tax Authority (FTA) rules and  regulations

We assist you with :
  • Vat registration
  • Filing/preparing quarterly or monthly VAT returns
  • Maintenance of VAT Records
  • Vat deregistration
  • Vat refund

Audit and Assurance Services

Our aim is to help you improve your financial reporting and provide you with the assurance that your  financial and management systems which are in place to operate effectively and efficiently. Any  problems that will be identified will be reported to you together with recommendations how your  systems can be improved. This will improve your business performance. We will stand by your side  on any decisions taken. Our audit strategy is tailored to suit the size and nature of your business. Our  industry knowledge and experience are a plus for the audit of your business. Our understanding of  the UAE regulation and legislation and International Financial Reporting Standards (IFRSs) can also  help you with complex financial reporting of your business.

Our Audit and Assurance services include the following :
Statutory audit of Financial Statements.

Assistance with the preparation of financial statements and consolidated financial statements in  accordance with International Financial Reporting Standards (IFRSs).
Internal control reviews and design.
Internal audit.

Investment

Most business need money in order to get started. Later, funds will be required to allow the business  to grow and fulfil its potential. Typically, you will have used bank overdraft and loan facilities, but it  is difficult for a new and growing business to raise additional finance without putting up personal  assets as collateral. Even then, security alone is not enough-your bank will also want clear evidence  that the business will be able to make the necessary repayments. We can help you to provide that  evidence by preparing bank loan proposals along with management or statutory financial  statements and helping you to compile detailed business plan, financial budgets and cash flow  forecast.

Payroll Services

Our goal is to reduce our clients’ payroll administration and to offer a fully managed payroll service  always following the UAE rules & regulations.

Our payroll Services include the following:

Maintaining the details of a company’s employees
Calculating and making payments and deductions to the employees and the Authorities
Preparing tax returns
Keeping up-to-date with regulations and guidelines affecting expatriate employees  • Assisting in obtaining work and residence permits

We also offer the following services.
  • ESR Advisory
  • Business formation
  • Business Process Improvement (Business Re-engineering)