Gdt Associates

Services

Accounting & Financial Reporting Services

We provide range of accounting and book keeping services for Individual Clients and Small & Medium Enterprises.

We are a team of well trained professionals with extensive knowledge of various accounting packages and softwares.

Having a full time accounting team is financial burden for an Individual Client, Small and Medium Enterprises. But neglecting the role of accountants could lead to costly financial errors.

But hiring us could ease this burden, and for a small fee our Clients get access to Senior Finance Management Level Executives. We take care of all the Finance and Administration related needs of our Clients, like:

Accounts Supervision Managing their Junior Level Staff, providing clients with Budgets, Forecasts (yearly, quarterly, monthly). Preparation and mapping of chart of accountants

Business Process Outsourcing – by outsourcing the Accounting function the Clients for a minimal cost can enjoy the benefits of an in-house finance department.

Accounting packages – our staff is trained to work on various types of accounting packages, from stand alone accounting softwares, to ERPs, to online accounting softwares.

Forecasting & Projections, PDC Management, Preparation of various management reports

Payroll Services – managing total Payroll & WPS services, from preparing and maintaining the monthly payrolls, to drafting of bank transfer letters to maintaining EOSB, we provide customized payroll solutions

Auditing & Assurance Services

Statutory Audit & Internal Audit

Our audits are conducted in compliance with statutory and regulatory requirements,  as well as adherence to accounting standards like IFRS and IGAPP. Our strictly follow the rules of professional independence and objectivity, while conducting each of our audits, enabling us in providing a fair opinion and reasonable assurance

Assessing the risk of Internal Control Environment and processes, we advice our Clients in creating Standard Operating Procedures or on process improvements in existing controls after understanding the Clients business and catering to the individual business needs.

Agree upon procedures

We also provide services where the Client requires our services on specific subject matter and report the independent findings to our Clients.

Due diligence in case of acquisitions

Audit of specific functions e.g. Billings, Payroll etc

The nature, timing and extent of the procedures to be included in the course of such audit procedures shall be discussed and agreed prior to the engagement.

Business Consulting

Incorporation & establishment services

We provide our Clients complete solution in setting up their Company. From identifying your needs, to recommending the right company set up, liaising with the local authorities and stake-holders, to handling all the documentation and other paperwork during the company formation process, we cater to all these needs.

UAE Company Set Up

UAE Free Trade Zone Company Set Up

Off Shore Company Set Up

VAT Consulting Services

VAT is now at our door-steps!

VAT is a common tax levied on Goods and Services and most of the businesses will have to adhere to the stringent VAT compliances. All the GCC member countries will introduce this tax on or before 01st January, 2019

But from 1st January, 2018 – Value Added Tax (VAT) shall become effective in UAE. The tax shall be collected at the rate of 5% on various Goods and Services, and at each step of the value chain. With exception to a very few basic food items, healthcare sector and education, almost all the rest of goods and services are under the purview of VAT.

We are ready to help you in analysing, assessing your accounting system requirements, help you in deciding the implementation strategy and training your finance team to be VAT ready.