RV Accounting



Accounting Services in U.A.E
Do we need to have a hire a full accountant?
This is a question often asked by numerous entities as they commence their operations. In order to control costs as well as due to the inability to find the right candidate, a large number of business entities choose to outsource their book-keeping requirements. This is where RVA comes into the picture.

Being quite versed with the book-keeping requirements in U.A.E as well as having handled numerous accounting softwares, we are able to provide a one stop solution to all your accounting related headaches. Even with an in house accountant, it is still recommended to have an external check to ensure that the book-keeping is done in line with the regulations in U.A.E as well as relevant international standards.

Once we familiarize ourselves with your books of accounts, accounting procedures and policies, we can handle all your routine day-to-day tasks such as:

  • Book Keeping
  • Payroll
  • Accounts Receivable
  • Accounts Payable.
  • Bank & Credit Card Reconcilliation(BRS)
  • Inventory Verification
  • Maintenance of Fixed Asset Register
  • Income Statement and Balance sheet.
  • Management Information System (MIS)
  • Cash Flow Statement.
  • Updating General Ledger

Having the headache associated to maintenance of books of accounts under control, the Management can allot the time to other pressing matters to ensure the success of the entity. RVA can also assist in the same, by generating required MIS reports catered to the business and also advice the Management in key areas for improvement. Accounting is not looked upon merely as debits and credits here, and we try to add inputs which gives clarity to the Management on how the business is performing.

Tax Consultancy Services in U.A.E

Finding it difficult to understand the detailed VAT rules and how it works?

Need help in getting registered and filing returns?

We at RVA Auditing, are here to help you plan, manage and adapt to the tax environment in UAE. VAT has been implemented in the UAE from January 01, 2018 and still a large majority of business entities are unaware about the nuances and implications of the regulations. All business entities must register for VAT if their taxable supplies and imports exceed the mandatory registration threshold of AED 375,000 in 12 months. Furthermore, a business may choose to register for VAT voluntarily if their supplies and imports are less than the mandatory registration threshold, but exceed the voluntary registration threshold of AED 187,500. Hence there is no avoidance of the VAT implications if you are operating in U.A.E and it is also of the utmost importance that one understands the reporting requirements of the Federal Tax Authority so as to avoid fines and penalties.

RVA have been keenly following the VAT regulations since it’s implementation as well as all the subsequent clarifications and amendments to the laws. We are able to undertake the following responsibilities along this matter:

  • VAT registration and de-registration.
  • VAT filling
  • VAT training
  • Verifications of books of accounts and invoices to ensure VAT adherence.
  • VAT penalty reconsideration

Having catered to the VAT requirements for a wide array of businesses operating in UAE, we are aware about all possible clauses which your business may be subject to and can advise how to ensure that the same is effectively implemented.