Services

Corporate Advisory

With rapidly evolving client needs in GCC region, As trusted advisors for our client’s corporate affairs, we at KSG Corporate Services assist our clients in formulating and achieving their strategic goals by offering corporate advisory services including:

  • Accounting and Business Operation Systems and Procedures Reviews
  • Providing strategies & continuous trainings relating to Taxation. Review of existing tax compliance structure
  • Assisting to review IFRS provisions and training
  • Assisting in formulating strategies for business process Cost Reduction
  • Strategic advisory for any potential matters relating to company day to day business operation
  • Vetting of legal agreements and contracts with different stakeholders

Tax Advisory

Reducing the impact of complexity of tax related concerns and forming your tax strategies align with your organisational goals. We offer a full range of services to address the Value Added Tax (VAT) and Excise challenge, which ensures that organizations remain ahead of the requirements within the UAE, along with supporting the impact which may occur across the wider GCC (KSAVAT, Bahrain VAT and Oman VAT).

  • VAT/Excise Compliance
  • VAT/Excise Impact Assessment
  • VAT/Excise Health Checks
  • VAT/Excise Registration/Deregistration
  • VAT/Excise Audit Support

Outsourced Accounting & Book Keeping

Commercial Companies Law and Value Added Tax (VAT) have laid down clear rules about the maintenance of business accounts and financial details and compliance with International Financial Reporting Standards.(IFRS)
  • Maintenance of all accounting records and reports and prepare MIS every month for the top management
  • Informing the management about financial performance, profitability, control environment, regulatory compliance obligations and taxes
  • Providing reports that act as an independent health check on the company’s accounting operations
  • Back log accounting for previous years
  • Provide bank reconciliation statement, and creditors and debtors ageing every month

Outsourced Payroll Services

We provide professional and timely payroll services across the UAE, maintaining complete confidentiality, accuracy and detailed reporting. Our payroll services includes:
  • Preparation of monthly salary, deductions, gratuity provisions
  • Preparing and delivery of payslips to the company every month
  • Calculating full & final payment details for outgoing employees
  • Apply Cloud-based payroll software that provides easy access and data retrieval
  • Preparing payroll reports to support accounting of payrolls in company accounting system

Business Setup/PRO

Evaluate the feasibility of setting up a Mainland UAE Branch / Mainland UAE LLC / FZ branch / FZ Company to undertake the proposed activities. Registering the entity and obtaining business licenses, as well as support with registrations with other authorities like – Dubai Municipality, Dubai Customs, etc. Assist with helping you get the necessary employment visas, work and residences permits in the UAE.
Our Business Setup services include:

  • Company Formation(Mainland UAE Branch / Mainland UAE LLC / FZ branch / FZ Company)
  • Sponsorship Services
  • PRO Services
  • Company Liquidation

Economic Substance

CABINET OF MINISTERS RESOLUTION No. 31 of 2019 CONCERNING ECONOMIC SUBSTANCE REGULATIONS (ESR) has been introduced on 30th April 2019 as further amended by Cabinet of Ministers Resolution No. (57) of 2020 on 10 August 2020. ESR compliance focus on specific relevant activities and meeting substance test for those activities within the UAE. Our ESR Related services includes:

  • Assessment of business operation and identifying relevant activity
  • Application of ERS Test over the Relevant Activities
  • Performing gap assessment to mitigate risks of failing to meet the ESR test requirements
  • Filling of Notification and ESR Report to the Relevant Authority (MOF)

International Tax & Other Compliances

Providing tax compliance advisory to help the clients to mitigate the complexity of cross border transactions and to form robust International Tax. We also covers the other legal compliance advisory:
  • Country by Country Reporting Advisory (Cabinet Resolution no 32 of 2019)
  • Tax Residency Certificates Advisory
  • Exposure of Tax Liability under different DTAA (UAE Tax Treaties with other countries)
  • Ultimate Beneficial Owners (UBO) Reporting Compliance