ITQAN Accounting & Bookkeeping and Tax Agent
Contact us: info@itqandubai.com
Call us: +971 4 220 4004, ++971 58 827 3907
ITQAN Accounting & Bookkeeping and Tax Agent
The need for reliable and authenticated financial information is gaining more importance and audit & assurance service has become increasingly sought after. iqtan, we take special efforts to provide our clients with deeper insights into their corporate strategies, business processes, financial management and its reports.
We understand the importance of reliable information and we exercise extreme care and caution to ensure the quality and accuracy of the data we vouch and certify.
iqtan is committed to provide the most reliable information to all stakeholders like business owners, customers, creditors, banks & other investors, tax authorities/governments alike to evaluate and understand your business activity or to analyze the trend and to device newer strategies’ or for exercising caution and control and to derive a comfort or to gain confidence in dealing with the business or to decide on further investments or to assess the tax to be paid by the business.
We are with our clients always, to support and to enable the right decisions at all times. iqtan is well appreciated and recognized by various stakeholders across the industry for its strict adherence to the local and international rules and the high ethical and moral standards we uphold.
We are audit experts in various verticals and our years of experience and the highly qualified and experienced team with rich and vivid experience provides our clients with additional insights and advices.
We conduct our audit in accordance with auditing standards issued by the International Audit & Assurance Standards Board (IAASB) and express our opinion about the financial statements in accordance with the International Financial Reporting Standards (IFRS).
Our audit report and the financial reporting always follow the latest international best practices and at iqtan, it is our way of life to make independent, impartial and fair treatment without hurting our customer business interests.
An internal audit provides an independent assurance that, an organization’s risk management, governance and internal control processes are operating effectively and efficiently.
iqtan conducts internal audit on organizational governance, risk management, management controls, efficiency of financial management, fraud investigation & establishing the loss and any other audit where the scope of the work falls within our strengths. We conduct a comprehensive analysis of the systems and provide pragmatic suggestions and guaranteed solutions to empower your business to success.
We are committed to provide an unbiased and objective view to the diverse stakeholders. We will work independent from the operations we evaluate and report the same to the highest level in an organization for remedial actions.
In the internal audit activity, the qualified, skilled and experienced team follow the Code of Ethics and Standards. We guarantee the iqtan value addition in terms of innovative suggestions and recommendations to foolproof your policies, procedures and strengthen your control measures to add up to your bottom line.
Our experienced team of professionals provide a complete range of accounting and book keeping services at minimum cost and maximum efficiency. The team possess the ease and expertise in handling and recording the accounting and financial transactions of all businesses and have in depth understanding of the major accounting software to provide efficient, accurate and speedy solutions to our valued clients. We enhance this service by providing critical analysis, pragmatic solutions and guidance to the management to reach the business goals with most efficient financial management and planning.
We undertake full time and part time accounting assignments to perfection and our clients benefit from the extreme accuracy and the minimum costs at which we manage the assignment.
We also provide the accounting supervision for the small and medium enterprises to ensure the accuracy and the reliability of the company accounts done by their internal team. This acts as an external check and ensures accounting transparency and peace of mind for the management.
iqtan also offers specialist consultations on setting up of efficient accounting and financial systems, internal accounting and financial policies and procedures and the detailed management reporting styles and standards.
We strictly adhere to the Generally Accepted Accounting Principles (GAAP) and International Accounting Standards (IAS) for the execution of accounting services.
We provide the following services:
iqtan guarantees to maximize the business efficiency and reduce the operating cost through our partnership.
Free Zone entities may trade, import/export with entities within the free zone or outside UAE. Free zone entities may buy from UAE, but in case they need to sell goods to the main land of UAE they have to employ the services of a distributor or agent in the mainland.
Each free zone is managed by separate Independent Free Zone Authority, and these authorities are responsible for issuing business permits and licenses, employee visa and regulating the business requirements. Each free zone has their own independent rules and regulations. There are more than 20 free zones in UAE.
Benefits of UAE Free Zones
UAE is one of the well-known jurisdictions in the world for incorporating offshore companies as “tax-free” business territory. Especially because one can avoid the cumbersome process of having the offshore incorporation company documents attested by various embassies and Ministries of Foreign Affairs. The offshore companies are based out of an offshore jurisdiction within the United Arab Emirates and can conduct business with all other parts of the world apart from UAE. The company is allowed to hold assets within and outside the United Arab Emirates and are allowed to bank with banks in UAE and outside.
Why set up an offshore company in Dubai?
At iqtan our expert management consulting team are passionate and proud to work with you to evaluate, justify, plan and deliver a whole new meaningful and pragmatic solutions.
Our management consultancy span across the below fields:
iqtan is an approved auditor and legal liquidator for Limited Liability Companies, Free Zone companies and Offshore companies across UAE. Fast and effective business recovery and insolvency management services are vital for the liquidation of the business.
Under many circumstances, liquidation may be the best option however we carry no pre-conceived notions that a struggling business should be liquidated as a matter of course. We still can help you revive your business and the management consultancy team can help you with this. However, once you have decided not to pursue your business it is mandatory to legally deregister your company from the respective authority under which it is formed. Any failure to the adherence of this formality will invoke many risks for your professional existence in UAE.
We have highly experienced team who can manage effectively and efficiently the liquidation services on a cost effective basis.
Our services include:
VAT certificates are issued by the Ministry of Finance, Government of UAE.
It is a certificate issued for institutions or individuals to exempt them from Value Added Tax in various countries, regardless of the existence of an agreement.
VAT certificates are being issued for:
