Mastering the Art of Business Advice: A Consultancy Guide

Mastering the Art of Business Advice

In the dynamic landscape of business, navigating challenges and seizing opportunities requires more than just intuition; it demands strategic insight, meticulous planning, and expert guidance. At RBS Auditors, we specialize in providing comprehensive Business Consultancy Services Dubai, empowering businesses to thrive and succeed in today’s competitive environment. Dive into the art of business advice with us as we unveil a consultancy guide to mastering success.

Mastering the Art of Business Advice

Mastering the Art of Business Advice: A Consultancy Guide

 

  • Strategic Planning: Successful business advice begins with strategic planning. Our team of seasoned consultants collaborates closely with businesses to develop tailored strategies aligned with their goals and objectives. From market analysis and competitor benchmarking to strategic goal-setting, we lay the groundwork for sustainable growth and success.

 

  • Financial Management: Effective financial management is at the heart of every successful business. We offer expert advice on budgeting, cash flow management, financial forecasting, and investment strategies, empowering businesses to make informed financial decisions that drive profitability and long-term sustainability.

 

  • Operational Efficiency: Streamlining operations is essential for maximizing efficiency and reducing costs. Our consultants conduct comprehensive assessments of business processes, identifying areas for improvement and implementing strategic solutions to enhance operational efficiency and productivity.

 

  • Market Expansion: Expanding into new markets requires careful planning and market analysis. We provide strategic guidance on market entry strategies, international expansion, and market segmentation, helping businesses capitalize on new opportunities and achieve sustainable growth.

 

  • Risk Management: Mitigating risks is essential for safeguarding business interests and maintaining resilience in the face of uncertainties. Our consultants offer expert advice on risk identification, assessment, and mitigation strategies, ensuring that businesses are well-prepared to navigate potential challenges and capitalize on opportunities.

 

Business Consultancy Services Dubai: Guiding Businesses Towards Success

In Dubai’s vibrant business ecosystem, the need for strategic guidance and expert advice is more crucial than ever. Here’s how RBS Auditors can support businesses in Dubai with our comprehensive consultancy services:

 

  • Strategic Planning: Our consultants work closely with businesses to develop robust strategic plans tailored to their unique needs and objectives, ensuring alignment with market dynamics and regulatory requirements.

 

  • Market Research: We offer in-depth market research and analysis services, providing businesses with valuable insights into market trends, consumer behavior, and competitive landscapes to inform strategic decision-making and market entry strategies.

 

  • Financial Advisory: From financial planning and budgeting to investment analysis and risk management, our financial advisors offer expert guidance to help businesses optimize their financial performance and achieve their long-term goals.

 

  • Operational Excellence: We help businesses streamline their operations, improve efficiency, and reduce costs through process optimization, technology adoption, and organizational restructuring, enabling them to stay ahead of the competition and drive sustainable growth.

Mastering the Art of Business Advice

Partner with RBS Auditors for Strategic Business Advisory

In the pursuit of success, strategic guidance and expert advice can make all the difference. With RBS Auditors as your trusted partner, you can unlock the full potential of your business and achieve your goals with confidence. Contact us today to explore our comprehensive business consultancy services in Dubai and embark on a journey towards success and prosperity.

 

Dive In for Business Valuation safely with RBS auditing

Valuation

Starting a new business is not only dependent on the money that you have invested, but the structure of your business defines your aims. If you choose the wrong shape for your business, it will only lead you to risks. Our company RBS Auditing offers Business Valuation Services in Dubai and Abu Dhabito help you grasp the exact worth of your company. Some key factors, such as assets, liabilities, management, market, etc., are crucial to determining the company’s position and help in the decision-making to discover the best advantages.

 

What Exactly Is Business Valuation?

 

The valuation of any business is significant to understand the current value of that business keeping various factors in mind, such as the management, assets, liabilities, income, and the position of that company. Undergoing the Business Valuation Services in UAE would become easy for the stakeholders to make remarkable decisions for the company if they are aware of the value of that company.

Business Valuation
Business Valuation

Perks of Business Valuation-

 

Business valuation can be profitable for you in several ways,

  1. Business valuation improves the goodwill of the company as per the market environment.
  2. It attracts investors to the company by increasing its exact value.
  3. The current valuation help in discovering the basic details of the company’s assets and liabilities. Hence, you would be able to restructure the company according to you.
  4. The valuation of your company help in making long-term decisions regarding business diversification.
  5. The high value of your company helps in building trust by making it easy for you to take loans in the future.

 

The valuation of any business is due to various reasons given below-

 

  • Goodwill Deterioration
  • Mergers or purchases
  • Reorganization and Bankruptcies
  • Shareholders oppression cases
  • Funding or financing
  • Litigation and ownership disputes
  • Business Planning
  • Buy or Sell contracts

There are also various tools and programs provided by our company to help you make varied smart decisions for expanding your business, such as Comparative Financial ratio analysis, Ratio analysis, and analysis of going concern concept.

 

If you are also looking for your business valuation, and have found our services to the point, then please feel free to visit our website for further details, or else you can also contact our customer care available round the clock to solve all your queries regarding our services. Our company also delivers Business Consultancy Services Dubai, Abu Dhabi and Sharjah. If you need more details and help regarding these services then ping us. We are here to serve all your need for these services.

 

 

 

Dive In for Business valuation safely with RBS auditing

business valuation

Starting a new business is not only dependent on the money that you have invested, but the structure of your business defines your aims. If you choose the wrong shape for your business, it will only lead you to risks. Our company RBS Auditing offers Business Valuation Services in Dubai and Abu Dhabi to help you grasp the exact worth of your company. Some key factors, such as assets, liabilities, management, market, etc., are crucial to determining the company’s position and help in the decision-making to discover the best advantages. 

Business Valuation Services in Dubai, UAE

What Exactly Is Business Valuation?

The valuation of any business is significant to understand the current value of that business keeping various factors in mind, such as the management, assets, liabilities, income, and the position of that company. Undergoing the Business Valuation Services in UAE would become easy for the stakeholders to make remarkable decisions for the company if they are aware of the value of that company. 

Perks of Business Valuation-

Business valuation can be profitable for you in several ways, 

Business Valuation Services in Dubai & UAE | Business Valuation Company

  1. Business valuation improves the goodwill of the company as per the market environment.
  2. It attracts investors to the company by increasing its exact value.
  3. The current valuation help in discovering the basic details of the company’s assets and liabilities. Hence, you would be able to restructure the company according to you.
  4. The valuation of your company help in making long-term decisions regarding business diversification.
  5. The high value of your company helps in building trust by making it easy for you to take loans in the future.

The valuation of any business is due to various reasons given below-

 

  • Goodwill Deterioration
  • Mergers or purchases
  • Reorganization and Bankruptcies
  • Shareholders oppression cases
  • Funding or financing
  • Litigation and ownership disputes
  • Business Planning
  • Buy or Sell contracts

There are also various tools and programs provided by our company to help you make varied smart decisions for expanding your business, such as Comparative Financial ratio analysis, Ratio analysis, and analysis of going concern concept.

If you are also looking for your business valuation, and have found our services to the point, then please feel free to visit our website for further details, or else you can also contact our customer care available round the clock to solve all your queries regarding our services. Our company also delivers Business Consultancy Services in Dubai, Abu Dhabi and Sharjah. If you need more details and help regarding these services then ping us. We are here to serve all your need for these services.

Federal Decree- Law No. (18) of 2022 (‘’the Amendment of VAT Law w.e.f January 01, 2023’’)

VAT

Federal Decree- Law No. (18) of 2022 (‘’the Amendment of VAT Law w.e.f January 01, 2023’’)

Summary of VAT amendments:

Article Number Title VAT Amendments
Article 1  Definitions New definitions have been introduced for –

Relevant Charitable Activity, Pure Hydrocarbons, Tax Evasion, Tax Audit, Tax Assessment and Voluntary Disclosure.
Article 5 Supply of Goods Entry into a contract between more than two parties entailing the transfer of Goods at a later time will be considered as supply of goods as per new amendment.
Article 7 Other out-of-scope transactions A new clause inserted which allows the Executive Regulations to stipulate any other transactions that can be considered outside the scope of VAT.
Article 15 Registration Exceptions Exception to register from tax is now extended to include registered persons having 100% zero rated supplies, in addition to non-registered persons.
Article 21  Cases of Tax Deregistration New amendment grants the Federal Tax Authority, the right to deregister any registered person if they assume that the taxable person’s VAT registration may cause any harm to the tax system.
Article 26 Special Date of Supply The date of supply under Clause 1 now includes the date on which one year has passed from the date on which the goods or services are provided.
Article 27 Place of Supply of Goods (continuous supply) As per new clause, place of supply of goods that include export or import will be inside UAE if Article 26(1) applies AND the ownership of the goods has been transferred inside the UAE.
Article 30 Place of Supply in Special Cases (transport-related services) Clause is extended to include transport related services in the rule of special place of supply. Place of supply means place where transportation starts.
Article 33  Place of residency (Agent/Principal) The place of residence of principal will be the place of residence of the agent as per changed clause.
Article 36 Value of Supply and Deemed Supply for Related Parties Where a deemed supply occurs between related parties, the value of supply would be determined by the market value, as per amended law.
Article 45 Supply/Import of Goods and Services that are Subject to Zero Rate Import of following added to the zero-rated list

·         means of transportation and goods related to means of transportation

·         rescue planes and ships

·         crude oil and natural gas

·         Related basic healthcare goods.

·         investment precious metals (if they are supplied or imported for investment purposes.)
Article 48 Reverse Charge Reverse charge will apply to “Pure Hydrocarbons” instead of “any form of hydrocarbons”
Article 55 Recovery of Recoverable Input Tax in the Tax Period (Imports) The first condition of the Article for recovery of input tax as per the reverse charge mechanism is amended with the addition to keep invoices and import documentation (i.e. for goods only) for the importation of goods or services.
Article 57 Recovery of tax by Government Entities and Charities Government entities can recover tax if incurred for the provision of sovereign activities.

charitable organisation can recover tax if incurred for the provision of relevant charitable activities.
Article 61 Instances and Conditions for Output Tax Adjustments (additional case) Clause inserted which requires taxable person to adjust output tax after the date of supply not only if the tax was charged in error but also if the application of the tax treatment was incorrect (e.g., where it was treated as exempt/zero rated instead of taxable at 5%)
Article 62 Mechanism for Output Tax Adjustment Tax credit note must be issued within 14 days from the date of occurrence.
Article 65 Conditions and Requirements for Issuing Tax Invoices (obligation to pay VAT) It has made mandatory for the taxable person to pay the VAT to the Federal Tax Authority in cases where such person issues a tax invoice stating VAT on it or receives an amount as VAT.
Article 67  Date of Issuance of Tax Invoice (for continuous supplies) Now it has been specified that the date of issuance of tax invoice under continuous supply will be 14 days from the date of the supply.
Article 79 bis Statute of Limitations (new article) ·         The statute of limitation of 5 years not applicable where FTA has issued a notice to audit, provided audit is completed within 4 years from notice date.

·         statute of limitation will be extended by one year if taxable person files voluntary disclosure in 5th year.

·         Voluntary disclosure cannot be filed by the taxable person after the lapse of 5 years.