What we do

Accounting & Consulting Services in Dubai, UAE

Outsourced Accounting

If you are feeling overwhelmed with managing your accounting needs for your small or medium-sized firm, Anantara Accounting is here to help! Our outsourcing services can provide you with reliable and accurate solutions tailored to fit your unique needs. Our team of experts are well-versed in UAE laws and regulations, ensuring that your business remains compliant while streamlining your accounting processes. Our goal is to help you save time and achieve financial success by taking the burden of accounting off your shoulders. So why not contact us today to learn more about how we can help your business thrive? With Anantara Accounting, you can rest assured that your accounting needs are in good hands!

New Companies

Starting a new business can be a daunting task, with numerous challenges and obstacles to face. You need to make strategic decisions about your operations, finance, and business processes that can seem overwhelming at times. However, fret not, as our dedicated team of qualified MBA professionals is here to help you every step of the way! With years of experience under our belt, we have the knowledge and expertise needed to guide you through the entire process. We understand that starting your own business can be an overwhelming experience, which is why we prioritize personalized guidance that ensures your business is poised for success right from the get-go. But that’s not all! With our assistance, you can also source the best accounting software from the most reputed accounting software companies based in Dubai – guaranteeing you seamless operations and growth in no time. With our support and expertise, you can rest assured that your business will be set up for sustainable growth and profitability.

Tax Services

Individual Tax Services

Corporate & Partnership Tax Services

Tax season can be a very stressful time, especially if you are not well-versed in the intricacies of UAE tax laws and regulations. Fortunately, our team of expert accountants is here to assist you with our comprehensive tax services. We understand that each individual has unique tax needs, so our services are tailored to suit your specific requirements.

With our extensive knowledge and experience in the field of taxation, we will ensure that you are fully compliant with all the necessary regulations while minimizing your tax liability. So, instead of worrying about taxes, why not contact us today and discover how we can help you stay on top of your tax obligations. With our help, you can be assured that your tax filings will be accurate and up-to-date, giving you peace of mind and allowing you to focus on your business and personal endeavors.

As a business owner in the UAE, it’s important to stay on top of complex corporate and partnership tax challenges. That’s where our team of experienced accountants come in. We offer comprehensive tax services that are specifically designed for businesses operating in the UAE, ensuring that you stay fully compliant with local tax laws and regulations. Our goal is to develop tailored tax strategies that minimize your liability and optimize your tax position. Having a solid tax strategy is crucial for the success of any business, and we’re here to help you succeed. Don’t wait until it’s too late, contact us today to learn more about how we can help your business thrive. Let us take care of your tax challenges so that you can focus on what really matters – growing your business.

Financial Advisory

Mergers & Acquisitions

Are you looking to grow your business through acquisitions or mergers? With the constantly changing business environment, these opportunities arise frequently. Anantara Accounting can assist you with the valuation of your target business for acquisitions, mergers, or an outright sale. Our expertise lies in the valuation of businesses across various industries such as hotels and hotel apartments, trading companies, rent-a-car services, gyms and health clubs, healing centers, yoga centers, workshops, automobile machinery, repairs, and services.

Our approach involves ensuring the accuracy and updating of financial records that include details of fixed assets, inventory, receivables, and payables. We also evaluate the past performance of the company and realistically project future profitability using various data tools. Finally, we use benchmark tests to calculate the net present value of the business and internal rate of return, testing it against relevant market scenarios and benchmarks.

We, at Anantara Accounting, have extensive experience in carrying out the valuation of businesses across numerous industries for mergers and acquisitions, dissolution of partnerships, calculation of the share of an outgoing partner and re-establishment of partnership ratios of the remaining partners. Contact us today to avail the best accounting services to help you buy, sell, or merge with another business. Call us on 050-4576056 or email us at ajay@anantaraaccounting.com.

Financial Crisis

Our team of expert financial advisors understands that financial crises in the UAE can be worrisome and overwhelming. That’s why we offer a wide range of comprehensive financial crisis management services that are tailored to your specific needs. We’ll work closely with you to develop customized strategies that address your concerns and protect your assets. Our services include risk management, cash flow forecasting, and more, all aimed at helping you weather any storm that may come your way.

When it comes to navigating financial crises, having the right plan in place is essential. That’s why we take a personalized approach to every client, listening to your unique needs and concerns before developing a customized plan to help you emerge stronger on the other side. Our expert advisors have years of experience and a deep understanding of the UAE’s financial landscape, so you can trust us to provide sound advice and reliable support. Don’t let financial crises keep you awake at night – contact us today to learn more about our services and how we can help you navigate uncertain times with confidence.

VAT De-registration

Legal Process of VAT de-registration

Our company specializes in providing top-notch VAT consultancy services to clients located in Dubai. We pride ourselves on having the most knowledgeable and competent consultants who possess a wealth of experience in all areas of VAT in the UAE. Our experienced subject matter experts offer invaluable guidance regarding VAT liabilities associated with different businesses owned by our clients, as well as the diverse VAT implications of transactions being undertaken.

Our services are wide-ranging and include VAT registration, amendments, and deregistration as needed. As your dedicated VAT consultants, we help you understand and comply with UAE Federal Tax Authority requirements specific to your business, so that your books are managed in accordance with UAE VAT laws. We pay close attention to all the requirements of VAT deregistration in the UAE, and ensure that your business complies with all the laid-out conditions for a successful VAT deregistration process.

For instance, if your business has stopped making sales, we advise you to deregister immediately. However, if your sales are low, we ensure that you meet the minimum threshold of AED 375,000 in the last twelve months to maintain your VAT registration. Factors such as being under voluntary or mandatory registration, and specific timing requirements, also play a role in deciding whether to deregister from VAT in the UAE, which we expertly guide you through. In the event of a deregistration, our team prepares your accounts as required for FTA to facilitate a smooth deregistration process.

Penalty on failure

The failure of the Registrant to submit a deregistration application within the timeframe specified in the Tax Law, the penalty is 1,000 AED in case of a delay and on the same date monthly thereafter, up to a maximum of 10,000 AED.