Frequently Asked Questions

Find answers to common questions about accounting, audit, tax, Corporate Tax, transfer pricing and financial consultancy services in the UAE.

Get Answers to Your Questions

Whether you are looking for accounting support, audit services, VAT assistance, Corporate Tax guidance or transfer pricing solutions, our FAQ section provides quick answers to common questions about German FinTax Consultancy and our services across the UAE.

General FAQs About German FinTax Consultancy

Find answers to common questions about our firm, services, coverage and how we can support your business in the UAE.

What is German FinTax Consultancy?

German FinTax Consultancy is a professional accounting, audit, tax and financial consultancy firm serving businesses in Dubai and across the UAE.

What services does German FinTax Consultancy provide?

German FinTax Consultancy provides audit and assurance, accounting and bookkeeping, VAT, Corporate Tax, transfer pricing, payroll, AML and other financial consultancy services.

Does German FinTax Consultancy serve businesses across the UAE?

Yes. German FinTax Consultancy provides professional accounting, audit, tax and financial support to businesses in Dubai and other locations across the UAE.

Can German FinTax Consultancy support new and established businesses?

Yes. Our services can be tailored to startups, SMEs, established companies and businesses undergoing expansion, restructuring or other significant changes.

How can I contact German FinTax Consultancy?

You can contact our team through the website, email us at info@germanfintaxconsultancy.com or call +971 50 667 0856 to discuss your requirements.

Audit & Assurance FAQs

Explore common questions about audit and assurance services in the UAE

What are audit services in Dubai?

Audit services involve an independent review of a company’s financial records, statements and supporting documentation within the applicable audit scope.

How do I choose an audit firm in Dubai?

Consider the firm’s professional qualifications, relevant experience, industry knowledge, audit approach and understanding of applicable UAE requirements.

Do free zone companies in Dubai need an audit?

Audit requirements can vary by free zone, entity type and applicable regulations. Businesses should confirm the specific requirements relevant to their company.

What is a forensic audit?

A forensic audit is a detailed financial examination used to investigate specific financial concerns, irregularities or disputed transactions.

What is a statutory audit?

A statutory audit is an audit required under applicable legislation, regulations or other requirements relevant to a business.

Tax & VAT FAQs

Find answers to common questions about VAT and Corporate Tax services in the UAE.

What are VAT services in the UAE?

VAT services may include registration, return filing, compliance reviews, health checks, deregistration and other VAT-related support.

How do I file a UAE VAT return?

VAT return filing involves preparing and reporting relevant taxable supplies, purchases, output VAT, input VAT and other required information for the applicable tax period.

What is a VAT health check?

A VAT health check reviews a business’s VAT records, calculations, returns and processes to identify potential errors or compliance gaps.

When can a business deregister for VAT?

Eligibility depends on the business’s circumstances, taxable activities, turnover and applicable UAE VAT requirements.

What is UAE Corporate Tax?

UAE Corporate Tax is a federal tax applicable to taxable persons and taxable income in accordance with the UAE Corporate Tax legislation and applicable rules.

Transfer Pricing FAQs

Get answers to common questions about transfer pricing services in the UAE.

What are transfer pricing services?

Transfer pricing services help businesses evaluate, document and manage relevant transactions between related parties and connected persons.

What is transfer pricing benchmarking?

Transfer pricing benchmarking compares controlled transactions with appropriate comparable transactions to assess pricing under the applicable arm’s length principle.

What is transfer pricing documentation?

Transfer pricing documentation records how related-party transactions have been evaluated and supports the business’s transfer pricing compliance position.

When should a transfer pricing structure be reviewed?

A review may be appropriate when business activities, group structures, related-party transactions or applicable tax requirements change.

Can consultants support a transfer pricing review?

Yes. Professional advisers can assist with transaction analysis, documentation, benchmarking and other transfer pricing matters within the agreed scope.

Accounting & Business Services FAQs

Get answers to common questions about transfer pricing services in the UAE.

What are accounting and bookkeeping services?

Accounting and bookkeeping services involve recording, organising and maintaining a company’s financial transactions and accounting records.

Can payroll services be outsourced?

Yes. Businesses can outsource payroll processing and related administrative activities to a professional service provider.

What are AML services?

AML services help businesses establish and maintain processes designed to meet applicable Anti-Money Laundering requirements.

How can you help with business setup in the UAE?

Business setup support may include assistance with selecting a suitable structure, preparing documentation and coordinating applicable company formation procedures.

What is an ICV certificate?

An In-Country Value certificate measures certain aspects of a company’s contribution to the UAE economy under the applicable ICV programme.

Other Locations FAQs

Find answers about our services for businesses across different locations in the UAE.

Do companies in Sharjah need audit services?

Some businesses may have audit obligations based on their legal structure, licence, regulatory requirements and other applicable rules.

Do businesses in Ajman require an audit?

Requirements vary according to the business structure, licence, jurisdiction and applicable regulations.

Does German FinTax Consultancy serve businesses outside Dubai?

Yes. German FinTax Consultancy provides professional services to businesses in Dubai and other locations across the UAE.

What UAE locations do you serve?

Our services are available to businesses across the UAE, subject to the requirements and scope of the individual service.

How can I get support for my business location?

Contact German FinTax Consultancy with your business location and service requirements, and our team can discuss the appropriate next steps.

About German FinTax

German FinTax Consultancy offers expert solutions in taxation, accounting, and compliance to individuals and businesses across the UAE.

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