Accounting & Bookkeeping Services

A robust accounting and bookkeeping system forms the foundation of every successful business. This crucial task is enhanced by adherence to GAAP and IFRS regulations. Fiscal & Fintech excels in this realm, offering a suite of services delivered through a trustworthy, secure, and dependable pipeline. Leveraging advanced software tools and systems, we ensure timely delivery of error-free data.

Business Incorporation Services

Incorporation of a company is the foundation of any business, and we help you lay it out smoothly. A series of formalities with registrations, licensing, PRO services, VISA, renewals, approvals, office spacing and bank account assistance are required to be undertaken.

VAT Compliance Services

Value Added Tax (VAT) is a consumption tax imposed at each stage of the supply chain, applicable to both goods and services, with the ultimate burden falling on the end consumer. VAT was implemented in the UAE on January 1, 2018, by the Federal Tax Authority.

With the rising frequency of audits and random health checks, organizations may feel apprehensive. However, we alleviate this concern by providing comprehensive internal audit services that ensure compliance and shield you from potential penalties and legal repercussions.

Businesses remit VAT to the government after reconciling the tax amounts paid to suppliers with those collected from customers. Our suite of services under VAT compliance includes:

Corporate Tax Advisory Services

Tax management is widely acknowledged as one of the most challenging responsibilities for any organization due to its need for meticulous attention to detail and strategic structuring. Nonetheless, maintaining a sound tax history not only safeguards against financial losses and minimizes liabilities but also boosts the organization’s goodwill. BCL’s comprehensive tax service suite offers a holistic approach to optimizing your organization’s overall tax structure.

Feasibility Studies

Feasibility studies serve as critical tools for investors and entrepreneurs to assess the viability of a business venture before committing resources. At F&F, we specialize in conducting comprehensive feasibility studies tailored to your specific requirements. Our process involves conducting preliminary analyses, projecting income statements, performing market research, planning business operations, and reviewing all relevant data. By collaborating closely with our clients, we provide valuable insights to make informed go/no-go decisions regarding their business endeavors. Our ultimate goal is to deliver a complete feasibility report within agreed deadlines, guiding clients towards successful and sustainable business ventures.

Business Advisory Services

To thrive, a business requires effective planning that integrates comprehensive budgeting, improved financial strategizing, and realistic forecasts. This planning not only fosters financial stability but also enhances risk visibility, facilitates bottleneck analysis, enables expense control, and supports better fundraising efforts.

Economic Substance Regulations Compliance​

The Economic Substance Regulations (ESR) represent a governmental initiative in the UAE, aligning with its international obligations to bodies like the Organization for Economic Co-operation and Development (OECD). ESR mandates that UAE entities, encompassing offshore companies and branches of both local and foreign companies engaged in specific activities, uphold sufficient economic substance within the UAE.

Transaction Advisory Services

When an organization embarks on the journey to buy, sell, or transfer shares of a business, determining the accurate transaction value is paramount. This is where Business Valuation steps in. The process involves a comprehensive examination of the business profile, analysis of historical financial data, gathering market insights, selecting appropriate valuation methods, projecting future performance, and ultimately calculating the enterprise value.

Transfer Pricing Services

Transfer Pricing involves setting prices for goods and services exchanged between affiliated entities. From a taxation standpoint, whether transactions occur domestically or internationally, businesses are required to conduct these transactions at Arm’s Length, treating each party as if they were unrelated. This principle applies to various scenarios, such as a parent company providing management services to its subsidiaries or one company supplying services to its sister company.

Staff Outsourcing

Staff outsourcing offers organizations a strategic approach to managing human resources by delegating specific functions or roles to external service providers. At F&F, our staff outsourcing services empower businesses to operate with increased flexibility, efficiency, and cost-effectiveness. By entrusting us with staffing complexities, organizations can focus on core business objectives without the burden of recruitment, employee benefits, and administrative overheads. Our expertise spans various industries, providing holistic staffing solutions tailored to the needs of businesses of all sizes.

Internal Audits

Internal audits are crucial mechanisms for organizations to ensure compliance, identify risks, and enhance operational effectiveness. At F&F, our internal audit services encompass co-sourcing, resource enhancement, access to specialized skills, or full outsourcing, tailored to meet the unique needs of your organization. With a deep understanding of your objectives and priorities, we collaborate closely to provide comprehensive internal audit solutions. Our enterprise-wide risk management systems and services are designed to streamline business operations by reducing costs, boosting revenues, and effectively managing changes to your business processes.