What Are the Benefits of Business Consultancy Services?

Business Consultancy Services Dubai

IChurn and Complex Situations in a Business Environment: The one thing that happens quickly in a business environment is change of doings. Challenges, more appropriately known as impediments, may come up in the middle of doing business, and at certain times, decisions have to be made. There are business consultancy services whereby strategic guidance for businesses can strategically be given to help their clients outdo other competitors. In this blog, we delve into the benefits of business consultancy services in Dubai and how RBS Auditors can empower your company to hit new heights.

What is a Business Consultancy Service?

Business consultancy is a professional service provided by experts. A consultancy firm helps businesses improve performance through analysis and problem-solving to develop new strategies. They provide invaluable insights, analysis, and solutions, all directed to the particular needs of the business. For a company functioning within Dubai’s major business place, it will be particularly advantageous to deal with specific industry challenges and exploit opportunities by partnering with a consultancy firm like RBS Auditors.

Points for business consultancy services in Dubai

  1. Guidance and industry insights from experts

The rapidly changing business scenario in the state of Dubai calls for proper expert knowledge and insights to take informed decisions. A business consultant brings to the table years of experience in different industries and keeps abreast with the latest market trends, industry standards, and regulatory requirements. This will help a business make strategic decisions that can be translated into enhanced efficiency and profitability.

  1. More efficient and effective operations.

Being a business consultant, he could dig out the depth of a company’s functioning and get at its weaknesses. These might be streamlined processes, wastage elimination, or best practices. All this forms part and parcel of operational efficiency with which companies can save on costs, enhance productivity, and improve on overall productivity. The RBS auditors’ business consultancy in Dubai is targeted at assessing the existing processes and giving advice for the smooth operation of clients to stay ahead of the market.

  1. Outside Looking In and Resolution

Sometimes, all it takes to solve challenges is to view them from the outside. An outside look at challenges and opportunities in the business comes from a business consultant. They will identify and determine problems that an internal team will fail to notice because they are too close to day-to-day operations. RBS Auditors comprise consultants who analyze problems, come up with practical solutions, and implement such solutions to companies.

  1. Potential to Tap Skills

Consultants are individuals who can provide the financial analysis, strategic planning, and even market research skills that might be needed to drive a business forward—units not necessarily in-house capabilities of a company. It is even more helpful to SMEs as they may not have sufficient pockets to retain a full-time specialist. RBS Auditors offers a diverse set of specialized consultancy services, providing customized solutions for every unique business need in Dubai.

Conclusion

Today, more than ever, companies want to associate with consultancy firms that have a proven record, as this directly gives a perfect experience by equipping them with firsthand strategic insights and expertise on how to overcome challenges and achieve desired objects. So, business consultancy services Dubai become necessary for improving efficiency and planning for future growth or helping to navigate compliance challenges. RBS Auditors have the knowledge and experience to help your business gain success. Let’s be your strategic partner in realizing sustainable growth and new milestones.

RBS Auditing: Providing Comprehensive Business Consultancy, Liquidation, and Valuation Services in Dubai

Business Consultancy Services Dubai

RBS Auditing is a leading provider of comprehensive business consultancy, liquidation, and valuation services in Dubai. Our team of highly qualified and experienced professionals is dedicated to helping our clients achieve their business objectives through effective planning, management, and execution. 

Our Services 

1) Business Consultancy Services in Dubai: 

Our Business Consultancy Services Dubai are designed to help clients navigate the complex and ever-changing business landscape in Dubai. We offer a range of services, including: 

  • Business Setup: We assist clients in setting up their businesses in Dubai, including company registration, licensing, and compliance. 
  • Business Planning: We help clients develop effective business plans that align with their objectives and goals. 
  • Financial Planning: We assist clients in developing financial plans that optimize their resources and maximize their returns. 
  • Risk Management: We help clients identify and manage potential risks to their business operations. 

Advantages of our Business Consultancy Services: 

  • Our consultancy services help clients make informed decisions and avoid costly mistakes.
  • Our team of experts has extensive knowledge of the Dubai business environment and can provide valuable insights and advice. 
  • Our services are customized to meet the specific needs and requirements of each client. 

2) Liquidation Services In Dubai: 

Liquidation Services in Dubai
Liquidation Services in Dubai

we understand that sometimes businesses need to be dissolved. Our Liquidation Services in Dubai are designed to help clients navigate the process with minimal disruption to their operations. Our services include: 

  • Company Liquidation: We assist clients in dissolving their companies in compliance with local laws and regulations. 
  • Voluntary Liquidation: We help clients voluntarily liquidate their companies to minimize their losses and liabilities. 
  • Asset Liquidation: We assist clients in selling their assets to generate revenue and settle their debts. 

Advantages of our Liquidation Services: 

  • Our services help clients minimize their losses and liabilities during the liquidation process. 
  • We assist clients in complying with local laws and regulations to avoid legal issues. 
  • Our team of experts has extensive experience in managing the liquidation process and can provide valuable guidance and support. 

3) Business Valuation Services In Dubai: 

We understand the importance of accurate business valuation. Our Business Valuation Services in Dubai are designed to help clients determine the true value of their businesses and assets. Our services include:

  • Business Valuation: We assist clients in determining the value of their businesses based on factors such as revenue, assets, and liabilities. 
  • Asset Valuation: We help clients determine the value of their assets, including property, equipment, and inventory. 
  • Financial Valuation: We assist clients in determining the value of their financial assets, including stocks, bonds, and investments. 

Advantages of our Business Valuation Services: 

  • Our services help clients make informed decisions regarding their businesses and assets. 
  • We provide accurate and reliable valuation reports that can be used for various purposes, including mergers and acquisitions, financial reporting, and legal proceedings. 
  • Our team of experts has extensive knowledge of the valuation process and can provide valuable insights and advice. 

Conclusion: 

At RBS Auditing, we are committed to providing our clients with comprehensive and reliable business consultancy, liquidation, and valuation services in Dubai. Our team of highly qualified and experienced professionals is dedicated to helping clients achieve their business objectives through effective planning, management, and execution. Contact us today to learn more about how we can help your business succeed.

RECEIVED PENALTIES FOR NON-SUBMISSION OF ESR REPORT?!. FILE AN APPEAL

ESR-Notification-UAE
Received Penalties For No-Submission Of ESR Report?!. File An Appeal
Did you successfully submit the Economic Substance Notification & Economic Substance Report of your company to the Ministry of Finance?
Did you successfully submit the Economic Substance Notification & Economic Substance Report of your company to the Ministry of Finance?
Did you get any response from the authority is after that?
Many licensees in the UAE have come across penalty emails from the Ministry of Finance.

Did you get any such penalty email?

If yes, do you know how to resolve the issues? In order to resolve such issues, we should know exactly the reason for receiving such a penalty ticket from the Authority. We have listed down some of the reasons why you might have received penalty emails
Situation in which Economic Substance Notification is submitted declaring a Specific Relevant Activity. Later the Economic Substance notification amendment was filed that it is not covered in Relevant activity neither earning relevant income in the Economic Substance Notification.
In this case, the company need not submit the Economic Substance Report. But the approval for Amendment on Economic Substance Notification might have taken the time and by then the Economic Substance Report Tab becomes active.
Economic Substance Report was not filed since it is not carrying relevant activity . Still, the penalty ticket may raise.
How to waive off the penalties generated from situations like above?
In the above-given scenarios, the Licensee or Exempted Licensee will have the option to Appeal.
Article 13 & 14 of the Economic Substance Regulation provides the offences & penalties for failure to provide Notification and Report, respectively. The administrative penalty will be levied on that Licensee or Exempted Licensee who fails to submit Notification & Report (wherever applicable) as below: Failure to submit Penalty Amount
Failure to submit
Penalty amount
ECONOMIC SUBSTANCE REGULATION [ESR] Notification
AED 20,000
ECONOMIC SUBSTANCE REGULATION [ESR] Report
AED 50,000
If there is a delay in submitting Economic Substance Notification or Economic Substance Reports, and if such delay is because of the ignorance of the Law, the chance of getting approval for waiving off the penalty cannot be assured through an appeal.
But there are genuine cases as mentioned at the beginning of this article, where the penalty can be appealed and removed. We are happy to resolve your issues by submitting the Appeal to the Authority.

UAE- NEW LAW ALLOWING FULL FOREIGN OWNERSHIP OF ONSHORE COMPANIES TAKES EFFECT ON JUNE 1

Dept. of economic development
The UAE’s Ministry of Economy has confirmed that the amended legislation permitting foreign investors and entrepreneurs to establish and fully own onshore companies, will come into effect from June 1.
Amendment to the Commercial Companies Law will ‘boost country’s competitive edge and facilitate business’, according to UAE Minister of Economy
Minister of Economy Abdullah bin Touq in a tweet confirmed that the latest decision is a new step that reflects the UAE government’s commitment to supporting the economy and enhancing its readiness for the future.
In November 2020, the UAE announced that the of businesses would take effect from December 1, 2020. However, after widening the scope of sectors eligible for full ownership by foreign investors, the law is now ready for roll out from June 1, 2021.
The long-anticipated and widely discussed reform, which will have game-changing implications on the investment landscape of the nation, was approved by President His Highness Sheikh Khalifa bin Zayed Al Nahyan last year.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has said the UAE now enjoys a fertile legislative environment for foreign direct investors in order to enhance the nation’s competitiveness.
Last month, the UAE’s Ministry of Economy also said it was working on a new legislation to include 10 new sectors to the Commercial Companies Law, which allows 100 per cent foreign ownership of onshore companies in the country.

KEEP YOUR BUSINESS RUNNING PROPERLY WITH THE BUSINESS VALUATION SERVICES IN UAE

Business-Valuation-Services

Business Valuation Services In UAE – There are several reasons why you want an existing assessment of your business and lots of business owners take for granted that it is only required when selling but in fact, this is not the case.

However, selling your business is a main premeditated move and understanding the packed value of your business as it presently stands, plus future prospective is compulsory to make sure that you obtain the best possible price.

Better Knowledge of Company Assets

It is most vital to get a correct business assessment appraisal. Approximations are not good enough as it is an overview.

Particular numbers require to be profited from valuation procedures so that business owners can get hold of appropriate insurance coverage, understand how much to invest into the company, and how much to put up for sale your company for so that you still make a revenue.

                                            Also Read :- Vat Registration In UAE  

Understanding of Company Resale Value

If you are considering selling your company, understanding its exact value is required. This procedure must be commenced rather than the business goes up for sale on the open market because you will get an opportunity to take enough time to augment the company’s value to attain a higher selling price. As a business owner, you must know what your company’s assessment is.

You must be aware of what your company’s resale value in fact is to negotiate a higher selling price.

Acquire a True Company Value

You will have an overview of what your business is important that is based upon straightforward data such as stock market value, total benefit value and company bank account balances. Business Consultancy Services Dubai However, there is enough to business assessments than those effortless factors. Work with a trustworthy valuations company to make sure that the accurate numbers are given.

It also assists to illustrate company income and valuation increase over the course of the before five years.Business Valuation Services In UAE

BUSINESS CONSULTANCY SERVICES DUBAI AND FREE ZONE COMPANY LIQUIDATION SERVICES IN UAE

Business-Consultancy-Services
Business Consultancy Services Dubai – In the increasingly competitive corporate world of today, where consolidation and globalization have been on the forefront for evolution of business structures, and mergers and acquisitions define the business scene; organizations need to make the right financial decisions for their future growth. The right financial decision provides the opportunity to enhance growth, competitiveness and profitability of the organization. Therefore it is imperative to understand all aspects of a transaction to maximize share holder value.
Depending on your circumstances and the financial risk you are willing to take, we can advise whether it is more advantageous to trade as a limited company, a partnership, a Limited Liability or hybrid partnership or as a sole trader – both now and in the future
Reorganizing the lines of authority and responsibility in an organization achieve efficiency and profitability, while reducing risks involved. To realize these objectives, our advisors offer planning and support services in combining companies, streamlining groups within a company, and integrating common services within an organization. These are the reasons behind the Business Consultancy Services Dubai and UAE free zone company liquidation have famous and well known in the world which has some special of it’s own.

Business Valuation Services In Dubai

UAE was listed as one of the top places for ‘Ease of Doing Business’ in the globe by the World Bank. Undoubtedly, UAE market is a welcoming and approachable market but starting a business in any new country is always a challenge! The best way to deal is with Business Valuation Services In Dubai. Our business setup consultants are experienced and provide you expert advise at every given hour. They also guide you to perform in an efficient manner and enhance your business prospects. This is for only generating the revenues and profitability for any company.
With this business setup consultants you can explore and opt for an accurate business module, have a clarified vision with regards to your business, brainstorm on your business activities and plan on adjacent business opportunities, understand the scope of your company along with the scope of your competitors, etc. These are the reasons behind United Arab Emirates are very famous for this business consultancy services and Dubai is the best centre for this. So if you want to take their services so hurry up to contact with them as soon as possible.