Abstract Accounting and Auditing
Every business is different – but what every business needs is expert financial advice and accountancy. Abstract Accounting, Auditing & Bookkeeping certified firm of experienced Chartered Accountants, auditors and specialist service teams offering a wide range of services including Auditing , Accounting, Feasibility studies and Management and Software Consultancy services tailored to client’s needs. Our head office is in Dubai with branch offices in Abu Dhabi, Jebel Ali, Sharjah and SAIF Zone. With practices throughout the UAE, we become experts in your business – helping you take control of finances, across every aspect of your company. Whilst we are qualified auditors, accountants and business advisers, what makes us different is our innovative, flexible and commercial approach.
Services
We In Numbers
Audit Clients
Accounting Clients
VAT Clients
Management Consultancy
900+
Audit Clients
600+
Accounting Clients
400+
VAT Clients
40+
Management Consultancy
Are you ready for Corporate Tax?
Corporate Tax
- The Corporate Tax Law will be effective from 1 June 2023 with a headline rate of 9%.
- The regime includes features that represent best practices in international taxation.
- Several exemptions are available for businesses operating across strategic sectors.
- Free zone persons can continue to maintain their 0% tax position subject to meeting certain conditions.
- General anti-avoidance and transitional rules apply from the date the law is published in the Official Gazette.
Value Added Tax (VAT) is a kind of tax levied on sale of goods and services when these commodities are ultimately sold to the consumer. VAT is an integral part of the GDP of any country.
While VAT is levied on sale of goods and services and is paid by producers to the government, the actual tax is levied from customers or end users who purchase these goods and services. Thus, it is an indirect form of tax which is paid to the government by customers via producers of goods and services.
VAT is a multi-stage tax which is levied at each step of production of goods and services which involves sale/purchase. It is levied on the ‘Value Added’ in each stage of ‘production or supply chain’. Any person earning an annual turnover by supplying goods and services above the exempted limit is liable to register for VAT. VAT is levied both on local as well as imported goods (at the point of sale).
Are you ready for Corporate Tax?
Corporate Tax
The Corporate Tax Law will be effective from 1 June 2023 with a headline rate of 9%.
The regime includes features that represent best practices in international taxation.
Several exemptions are available for businesses operating across strategic sectors.
Free zone persons can continue to maintain their 0% tax position subject to meeting certain conditions.
General anti-avoidance and transitional rules apply from the date the law is published in the Official Gazette.
Value Added Tax (VAT) is a kind of tax levied on sale of goods and services when these commodities are ultimately sold to the consumer. VAT is an integral part of the GDP of any country.
While VAT is levied on sale of goods and services and is paid by producers to the government, the actual tax is levied from customers or end users who purchase these goods and services. Thus, it is an indirect form of tax which is paid to the government by customers via producers of goods and services.
VAT is a multi-stage tax which is levied at each step of production of goods and services which involves sale/purchase. It is levied on the ‘Value Added’ in each stage of ‘production or supply chain’. Any person earning an annual turnover by supplying goods and services above the exempted limit is liable to register for VAT. VAT is levied both on local as well as imported goods (at the point of sale).
900+
Audit Clients
600+
Accounting Clients
400+
VAT Clients
40+
Management Consultancy
25 Years Of Your Trust
25 Years Of Your Trust
Every business is different – but what every business needs is expert financial advice and accountancy. Abstract Accounting & Auditing certified firm of experienced Chartered Accountants, auditors and specialist service teams offering a wide range of services including Auditing , Accounting, Feasibility studies and Management and Software Consultancy services tailored to client’s needs. Our head office is in Dubai with branch offices in Abu Dhabi, Jebel Ali, Sharjah and SAIF Zone.
25 Years Of Your Trust
ABSTRACT Auditing and Book Keeping is an ISO 9001-2015 certified firm of experienced chartered accountants, auditors and specialist service teams providing services in the field of audit, accounting , VAT and other advisory services.
We provide a wide range of corporate services like auditing, accounting, feasibility studies, VAT consultancy, management and software consultancy, tailored to clients’ needs.