All countries that are full members of the Cooperation Council for the Arab States Gulf pursuant to its Charter. The GCC states that are implemented a Tax law pursuant to an issued legislation. Any person registered or obligated to register for Tax purposes under this Decree- Law are the Taxable Person and any person obligated to pay Tax in the State under this Decree-Law, whether a Taxable Person or end customer. Tax Registration Number (TRN) is a unique number issued by the Authority for each person registered for Tax purposes. Maintaining VAT records is done for tracking up-to-date information regarding VAT filing and to avoid unnecessary tax payment.
The financial success of every business start from the accuracy of all records of accounts and compliance of to the government laws and regulations and transparency across business dimensions. AFAC thrives on delivering these business facts. With the extensive assistance of AFAC, businesses are guaranteed with reliable and credible financial solutions for the success of the firms. Initiating a start-up or establishing a business involves tasks on multiple levels every passing day. It becomes difficult for the entrepreneurs to keep a check on everything, but then it becomes essential to maintain them. These bookkeeping services are not confined to the size of an organization.
Internal audit ensures the better management of an enterprise by improving its governance, risk management, and management controls. Internal auditing determines whether the business is on the right track and helps companies to accomplish their objectives by bringing a systematic and disciplined approach. Our experience takes the risk-based approach to evaluate your organizational risks. We help you bring value to your organization by providing services tailored to your needs. We have been helping hundreds of enterprises over the decades in improving their business productivity and in moving their performance to the next level.
Buying insurance is one of the basic needs of an individual and the insurance providers are fundamental to an economy. These companies in the UAE safeguard you from the unforeseen events that you may come across in your business, personal life, health, etc. There are different types of insurance companies in UAE that offer a wide variety of insurance products such as life insurance, car insurance , health insurance, etc. There are a plethora of policies that are offered by different providers, banks and brokers. The company has positioned itself on the quality platform. It has developed a strong corporate governance model based on the core values of excellence, honesty, knowledge, caring, integrity and teamwork.
Starting a new business and running the same in United Arab Emirates is not an easy task. As a client-centric and expert business consultant in UAE, AFAC can provide all the required professional help that you need with your company formation in UAE. When comes to mainland company formation, LLC Company formation in UAE known to be one of the most developed entities. There are three kinds of licenses to be issued for business setup in mainland company formation in UAE, namely- Commercial, Professional and Industrial License. We are incorporated with almost all Free Zones in UAE.
AFAC provide ERP software specifically designed to improve the internal operational efficiency of small businesses. AFAC helps small and medium enterprises across diverse industry verticals to make the best use of their time & human resources by automating & streamlining day-to-day business operations.AFAC integrates & streamlines your accounting, purchase, sales, inventory & payroll for faster operations, reduced expenses and increased productivity. Stay ahead of the competition with UAE’s best ERP software for small enterprises.