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Accounting Firms in Dubai | Accounting Services | Accounting in UAE

HLB HAMT, a renowned Accounting Firm in Dubai, takes care of your diverse financial needs and also ensure that your businesses strategize better and scale new heights. Our Chartered Accountants in UAE are well-versed in diverse aspects of accounting and finance and thus our clients’ company accounts are safe in our hands. You can rely on our team for accurate accounting services and use your valuable time on other significant areas of your business.

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Auditors in Dubai, Sharjah, Abu dhabi | Audit Services in Dubai, UAE — HLBHAMT

HLB HAMT provides the high-quality Audit Services in Dubai, Which includes external audit, internal audit, control system reviews and more. Get in touch with the Top Auditing Company in UAE

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Chartered Accountants in UAE | Accounting Services — HLB HAMT

HLB HAMT, a renowned Accounting Firm in Dubai, takes care of your diverse financial needs and also ensure that your businesses strategize better and scale new heights. Our Chartered Accountants in UAE are well-versed in diverse aspects of Accounting and Finance and thus our clients’ company accounts are safe in our hands. You can rely on our team for accurate Accounting Services and use your valuable time on other significant areas of your business.

Click here to know more about Accounting Services in Dubai, UAE

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Bookkeeping Services in Dubai, UAE | Chartered Accountant Firms in Dubai | HLB HAMT

HLB HAMT is a chartered accountant firm in Dubai, that offers a variety of accounting services across UAE and each service can be customized to meet your needs and comfort level. Our technology driven specialists work to understand the dynamics of your organization so that your specific accounting needs are taken care of. We provide management with information vital to the functioning of the business and ensure that you are fully compliant with regulatory requirements. We also make it a point to review the accounts prepared by the client and recommend corrections to improve the reliability of financial information and internal control process.

HLB HAMT offers bookkeeping services in Dubai and also various reconciliation services such as Cash/Bank Reconciliation, inventory reconciliation and receivables and payable reconciliation.

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Internal Audit And Risk Advisory | Business Audit Services | Audit Firms in UAE - HLB HAMT

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.

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The Role of Accountants in Detecting Fraud | Best Accounting Services | Accounting Firms - HLB HAMT

Accounting is not just about numbers; it’s much more than that. The field of accounting has undergone a significant transfiguration in the last decade, which is mainly due to the technology involved in it.

Accounting plays a significant role in decision-making as accountants come up with novel strategies for the enhancement of the organisation. To add to all these, the profession also contributes immensely in detecting and reducing corruption. Accountancy is about transparency, trust, integrity and accountability, and these characteristics help in identifying and preventing fraud.

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Accounts Payable Outsourcing Services | Accounting Outsourcing Dubai | Accounting Services in Dubai - HLB HAMT

Business entities are always challenged to reduce costs, avail the best services and add maximum value from their expenditures. HLB HAMT offers completely flexible and innovative Accounts Payable outsourcing Services. This enables our clients to transform their complex accounts payable processes to an automated system.

Our services include accounts payable workflow setup, payables Vendor Management, employee expense processing and project (construction)cost management and accounting. Outsourcing accounts payables comes with numerous benefits such as reduced processing costs, improved management on working capital and payables, removal of duplicate payments, improved financial control, reduced invoice discrepancies and management of disputes and strengthening vendor relations.

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VAT Accounting | VAT Return Filing | VAT Implementation in UAE | VAT Consultancy Services in UAE - HLB HAMT

UAE had implemented VAT laws and regulations with effect from January 1, 2018, along with Kingdom of Saudi Arabia. The businesses registered under UAE VAT will be levied 5 percent tax.

HLB HAMT offers VAT services to clients across all sectors, following tax implementation in Dubai, UAE.

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Accounting Services in Dubai | Bookkeeping Services Dubai - HLB HAMT

HLB HAMT offers Bookkeeping Services Dubai. The right accounting and bookkeeping services help in the smooth running of your businesses. Get free consultation for Accounting Services in Dubai

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Best Payroll Services Dubai | Payroll Process in UAE | Payroll Outsourcing Companies in Dubai, UAE - HLB HAMT

Designed to evolve with the needs of a business, HLB HAMT’s Payroll Services in Dubai help you save time and money and streamline Payroll Processes to attain greater Payroll Accuracy across the board. We have been providing payroll services to numerous countries over the decades and our client base includes some of the leading multinational companies.

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Five-year multi-use visa for Tourists in UAE | HLB HAMT - Audit Tax Advisors

UAE has welcomed 2020 with a great news for tourists; a five-year multi-use visa. The visa will be implemented in the upcoming four months and people of all nationalities can avail it.

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The UAE Cabinet recently issued the Cabinet of Ministers Resolution No.31 of 2019, that requires all in-scope UAE entities to maintain an economic substance. This will be applicable to onshore and free zone companies that engage in any of the below mentioned “Relevant Activities”;

- Banking Businesses as licensed in the State, including Banking Businesses licensed in a Free Zone or a Financial Free Zone. - Insurance Businesses as licensed in the State, including Insurance Businesses licensed in a Free Zone or a Financial Free Zone. - Investment Fund Management Businesses as licensed in the State, including Investment Fund Management Businesses licensed in a Free Zone or a Financial Free Zone. - Lease-Finance Businesses as licensed in the State, including Lease-Finance Businesses licensed in a Free Zone or a Financial Free Zone. - Headquarters Businesses as licensed in the State, including Headquarters Businesses licensed in a Free Zone or a Financial Free Zone. - Shipping Businesses as licensed in the State, including Shipping Businesses licensed in a Free Zone or a Financial Free Zone. - Holding Company Businesses as licensed in the State, including Holding Businesses licensed in a Free Zone or a Financial Free Zone. - Intellectual Property Businesses as licensed in the State, including Intellectual Property Businesses licensed in a Free Zone or a Financial Free Zone. - Distribution and Service Centers Businesses as licensed in the State, including Distribution and Service Centres Businesses licensed in a Free Zone or a Free Zone.

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#hlbhamt #business #dubai #uae #companyformation #BusinessStructure #businessindubai #mainland #businessformation #startups #freezone #budgeting #taxadvisors #payroll #vat #costing #finance #gst #founders #taxes #investors #expo2020 #dubai2020 #uae2020 #auditing #assurance #auditingfirms #auditingcompany #auditingassurance #bestauditcompany #auditingservices #audit #internalaudit #externalaudit #auditors #it #itaudit

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IFRS 16 is an International Financial Report Standard (IFRS) promulgated by the International Accounting Standards Board (IASB) providing guidance on accounting for leases.

It is expected to give many enterprises a significant headache during its initial implementation phase – as teething problems are a common occurrence when it comes to new robust financial regulations.

However, on-hand to help businesses navigate their way around all these tricky implementation issues, is Nithin NK, Director, Audit at HLB HAMT.

NK explained: “IFRS 16 can initially cause trouble to the entities as there are huge changes in the lessee’s books of accounts. It was issued in January 2016 and will be applicable for financial periods starting January 1st, 2019 or later.”

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The year of tolerance has come to an end and its time for a new beginning. This time the government of UAE has decided to take a different route, by developing a plan for the upcoming fifty years, instead of just one year.

The year branded “2020: Towards the next 50”, will “involve all segments of the UAE society in shaping life in the UAE for the next 50 years and preparing for the country’s Golden Jubilee celebrations of 2021”. The UAE aims to implement numerous plans across diverse sectors that include economy, education, infrastructure, health and media.

A committee will be created to develop a comprehensive plan for the next five decades. According to His Highness Sheikh Mohammed bin Rashid Al Maktoum, “50 years ago, the founding fathers shaped our life today, and next year, we will shape the coming five decades for the future generations.”

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AI: The Future Of Accounting and Audit — Auditors, Consultants, Aaccountants and Tax Agents

Artificial intelligence has the potential to be a true game-changer for the professional services industry. It has two main purposes, which are to use the power of computers to augment human thinking, and to use a computer’s power to understand how humans think. Testing programmes for how they can solve

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Ultimate Guide for Business Setup in Dubai

UAE is one of the most promising and stable countries in the Arab world that has experienced substantial expansion over the last few years. The current status the UAE enjoys today as a leading commercial and trading hub is the result of years of hard work and dedication and its willingness to adopt innovative technologies.

The government has been implementing various strategies to promote technologies such as artificial intelligence and blockchain, that helps shape the future and society. The massive investments UAE has made in these fields prove the country’s appetite for digital transformation. According to reports, AI is estimated to contribute $9.6 billion to the UAE economy by 2030— nearly 13.6 per cent of its Gross Domestic Product (GDP).

HLB HAMT, well-renowned Audit Firms in Dubai & Certified Business Setup Consultants in Dubai providing Audit services, Business setup, company formation services & Accounting services all over the globe