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Statutory Audit
We conduct an integrated audit, which combines the financial statement audit,independent and objective assurance on financial information, transactionsand processes.
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Limited Review
We offer services relating to reviews of historical financial informationby expressing negative assurance on such historical financial information.
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Agreed Upon Procedures
We engage with organisationsto perform specific procedures and report findings to conform to their needs.
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Financial Reporting Advisory Services (FRAS)
Our team provides timely advice on the impact of accounting changes to assist businesses in the development of an appropriate implementation roadmap.
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Business Consulting
Grant Thornton UAE provides organisations with implementable plans that drive sustainable growth strategies to grow and optimise their business performance.
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Business Risk Services
Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton UAE helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.
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Regulatory Advisory Services
Grant Thornton UAE's extensive understanding of the overarching supervisory framework within the region equips our professionals to support financial institutions comply and abide by the set of regulatory mandates throughout the rapidly evolving ecosystem.
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Financial Advisory
Grant Thornton UAE works with organisations on transactions from start to finish, assisting with strategy, identifying risks, executing deals, and helping to unlock their potential for growth and value creation.
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Restructuring Advisory
Grant Thornton UAE is committed to realising value for shareholders, in a way that recognises and supports the interests of all stakeholders. Our solutions maximise value, provide clarity and direction, and accelerate recovery and transformation for businesses.
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Technology Advisory & Cybersecurity
IT and technology are fundamental to drive the performance of businesses. Through leveraging the power of technology, Grant Thornton UAE helps organisations define and identify growth opportunities to achieve value-driven transformation and innovation.
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Forensics
Fraud and corruption pose a growing challenge worldwide. As the commercial landscape changes, an increasingly regulated environment requires stringent governance and compliance processes. Grant Thornton UAE helps organisations navigate challenges and crisis with a hands-on approach coupled with the use of technology.
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ESG Services
The Environment, Social and Governance (ESG) agenda has gained significant traction over the years, to become one of the key strategic aspects of any business. It is imperative that all organisations, irrespective of industry sector, engage with their stakeholders and prioritise ESG practices to unlock sustainable growth opportunities.
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Business Process Solutions
Our team at Grant Thornton offers comprehensive and cost effective outsourced solutions, enabling stakeholders and business owners to focus on their core business goals.
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Corporate Tax
Our diversified team of corporate tax subject matter experts combines a perfect blend of international experience across several industry sectors, technical expertise, and commercial nuances with a commitment to deliver exceptional value to your business.
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VAT
The VAT team at Grant Thornton is well versed with the VAT Laws applicable across the region and holds valuable experience and professional accreditation in assisting clients across diverse industries to comply with the VAT obligations.
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Transfer Pricing
Grant Thornton UAE assists its clients in providing transfer pricing solutions that are implementable and operational, considering the facts and concerns of its clients.
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International Tax and Tax Due Diligence
Grant Thornton UAE supports multinational groups to optimise their tax structures. We can also assist businesses in analysing existing group transactions and inter-group supplies, as well as advising on potential implications of various taxes to facilitate an efficient Group tax structure.
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Economic Substance Requirements
Economic Substance rules were introduced in the UAE in 2019, requiring UAE businesses that undertake certain ‘Relevant Activities’ to maintain and demonstrate adequate substance.
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Customs and International Trade
The team at Grant Thornton is positioned centrally to assist the businesses with global cross-border tax structuring, planning and compliance needs.
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Excise Tax
We provide Excise Tax related advisory and compliance services to the producer, importer, and the storekeeper of excisable goods
The GCC region is undergoing a major digital transformation in tax administration, with the implementation of e-invoicing in KSA (in 2021), and in the UAE (from July 2026).
The UAE Ministry of Finance (MoF) recently released a Public Consultation paper on e-invoicing (to which Grant Thornton UAE responded) seeking feedback on the “data dictionary” and “use cases” to be implemented.
In a further significant development, the MoF have updated their website outlining the eligibility criteria and accreditation procedure for service providers under the Electronic Invoicing System. E-invoicing service providers are now invited to submit their applications via the Ministry of Finance's official website. The website also features a comprehensive step-by-step guide and Frequently Asked Questions to assist service providers throughout the process.
Key Points:
While this update is primarily directed at service providers, it highlights the imminent implementation of e-invoicing in the UAE and businesses are advised to start planning for e-Invoicing as soon as possible. The MoF appears to be on track to meet the July 2026 deadline for the first phase of implementation. The key takeaways as we move towards a more definitive scenario of e-invoicing implementation are as follows:
- Submission Process: Service providers must submit their application to the MoF, demonstrating eligibility and readiness. This is followed by rigorous pre-approval testing, a production trial run, and pre-approval certification, ensuring accurate tax data reporting. The whole process timeline is estimated to be 90 working days.
- UAE Trade License and Corporate Tax Registration: ASPs must be UAE-registered companies and registered for Corporate Tax, though VAT registration is not mandatory.
- Eligibility Requirements: Applicants must hold Open Peppol membership and certification, have at least two years of experience in managing an Electronic Invoicing System, and meet specific financial and operational criteria.
- Documentation: Submission of audited financial statements and ISO 22301 certification for business continuity is mandatory.
This accreditation process marks a significant advancement in the UAE's digital infrastructure, reinforcing the nation's commitment to innovation and efficiency in tax administration. Grant Thornton is proud to be part of this transformative journey, contributing to the development of a robust e-invoicing system that benefits businesses and the government alike.
For further details on how we can support you with e-invoicing, please contact Imran Mushtaq, Kabir Dhawan, Harsh Bhatia, and Gouban Gopal.
