Improve your business efficiency and compliance in the UAE
Unlock expert advice from our financial specialists, safeguard your business from penalties. Only 1000 AED
+971 52 159 3631
Info@mdc-advisors.com
Info@mdc-advisors.com
Discover the price of personalized support
Unlocking clarity in new regulations
Help navigating taxation with ease
accountants
Ensure your business achieves seamless, compliant reporting with our experts
Expertly crafting your financial statements
Your skilled
in the UAE
Since 2023, the UAE has abandoned its offshore status to attract major investors and integrate the region’s businesses into the global economy
Excise taxes and VAT were introduced towards the year's end
2017
Economic presence rules underwent changes
2018
We have introduced amendments to the tax legislation, according to which it is necessary to keep records for the last 5 years
2018
The UAE Cabinet of Ministers issues a Resolution defining tax residency criteria for individuals
2022
September 9
The country enforces the Federal Decree-Law on the taxation of corporations and enterprises.
2022
October 3
Announcement of the Federal Corporate Tax. The amendment came into effect on June 1, 2023
2022-23
Upcoming Changes
Since 2023, the UAE has abandoned its offshore status to attract major investors and integrate the region’s businesses into the global economy
Outcome
Starting from 2023, all companies registered in the UAE are subject to taxation
December - March
December 25
February 7
July 21
UAE ≠ offshore anymore
UAE ≠ offshore anymore
Particularly if you don’t have an expert who understands the details of transactions and tax payments in the UAE
Lack of awareness
about new laws
may lead to fines
up to 50 000 AED
for your business
There are consequences to your business choices
If your company continues to operate under offshore rules, the owner faces imminent fines
During this transitional period, the country enforces a forgiving approach to penalties, but the cost of errors increases by the day
Dirham د. إ..
50 000 AED
20 000 AED
15 000 AED
1 000 AED
Fine for violating registration and TNR acquisition deadlines with the Federal Tax Authority
Late submission of tax declaration
Incorrectly composed declaration submitted on time: 5,000 AED for the first error and for each subsequent
Breach in primary documentation storage: 10,000 AED. Repeated mistakes could result in fines of up to
accounting according to international standards
in integrating your company’s reporting in the UAE with your international holding
financial planning strategies
insights into effective practical business organization schemes
companies across diverse industries, from EdTech to manufacturing
with our expert
from financial errors
Safeguard your business
consultants
Maintaining
Enhancing
Providing
Serving
Assisting
We specialize in integrating UAE
reporting into the reporting
In private practice since 2014, Ekaterina has extensive experience in all aspects of organizing business processes in the UAE and has a deep understanding of GCC tax legislation. She will help identify new opportunities for your business growth through financial analytics
As an accounting expert Ekaterina prepares documents for audits, calculates VAT, compiles financial reports, submits necessary documents, and enrolls companies in various government systems for reporting or registration purposes in various jurisdictions, including the UAE and Singapore. Member United Arab Emirates Emirates Association for Accountants & Auditors.
Ekaterina Kuramysheva
Lawyer, Tax Law Specialist, and Expert in FinTech Industry and Financial Planning
of international companies
Ekaterina Fedyushina
Account Manager
reporting into
companies
of international
We specialize
in integrating UAE
the reporting
Elena is a committed accounting and finance specialist skilled in managing accounting processes. She assembles documents for audits, computes VAT, creates financial reports, submits required paperwork, and enters companies in various government systems for reporting or registration purposes across diverse jurisdictions, encompassing Eastern Europe and Central Asia.
Lilia is a seasoned consultant with 19 years of experience in accounting, financial analysis, and audit, specializing in the financial management of large multinational companies. She has deep expertise in International Financial Reporting Standards (IFRS) and has successfully navigated tax audits, significantly reducing liabilities. Lilia has handled complex financial reporting across various jurisdictions, including the UAE, and UK. She is dedicated to advancing her expertise in VAT and corporate tax in the UAE, ensuring that her clients achieve financial transparency and compliance in a global environment.
Elena Kocheleva
Accountant
Lilia Latypova
Accounting, Analysis, and Audit Consultant
Calculate the cost of accounting support and consulting tailored to your needs
The cost of support depends on your requirements and company turnover
Настройте эффективную работу вашей компании на территории ОАЭ
Заполните форму, мы свяжемся для консультации
We consistently track changes in UAE financial regulations to safeguard our clients' tax interests
Up-to-date Expertise
Deep dive into the business
We assess existing business operations, identify vulnerabilities and propose effective solutions
We determine the support cost for every client by considering the frequency of consultations, company specifics, and turnover
Personalized Terms
Our expertise spans finance, taxation, the legal specifics of global trade, and a comprehensive grasp of reporting requirements across different countries
Holistic Support
Why choose MDC
Business Advisors?
FAQ
During a consultation, you’ll receive valuable insights into the specific details of international financial reporting standards that are applicable in the UAE.
Additionally, you’ll learn about strategies to enhance your financial planning and explore practical and efficient business organization approaches customized for the UAE market
Additionally, you’ll learn about strategies to enhance your financial planning and explore practical and efficient business organization approaches customized for the UAE market
We provide consultations and accounting support.
Our accounting support includes the verification and processing of primary documents, including receipts, invoices, and statements. Online support comprises consultations in messengers in question-and-answer format, clarifications on statements.
We assist in reconstructing accounting documents and records for several months, obtaining a TRN certificate for VAT declaration and proper invoice issuance, preparing reports for annual audits, providing advice on selecting an auditor, choosing accounting software, ensuring company compliance with ESR procedures, and meeting AML legislative requirements
Our accounting support includes the verification and processing of primary documents, including receipts, invoices, and statements. Online support comprises consultations in messengers in question-and-answer format, clarifications on statements.
We assist in reconstructing accounting documents and records for several months, obtaining a TRN certificate for VAT declaration and proper invoice issuance, preparing reports for annual audits, providing advice on selecting an auditor, choosing accounting software, ensuring company compliance with ESR procedures, and meeting AML legislative requirements
The cost of accounting support depends on the number of transactions. To calculate an estimate, please use our online calculator
Our company is registered as MDC BUSINESS ADVISORS FZCO with registration number 22 206.
We are located at office 209, Building A2, Dubai Silicon Oasis, IFZA Properties, United Arab Emirates. PO BOX 342001
We are located at office 209, Building A2, Dubai Silicon Oasis, IFZA Properties, United Arab Emirates. PO BOX 342001
Fill out the form, and we'll contact you for an initial consultation
for the new reality with
Prepare your business
MDC Business Advisors
Cost of the initial consultation: 1 000 AED
IFZA Dubai - Building A2, office 209. PO BOX 342001
©MDC BUSINESS ADVISORS FZCO — 22206
