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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
Hisham Farouk, Managing Partner of Grant Thornton discusses supporting dynamic entrepreneurs.
Hamad Bu Amim, director general of the Dubai Chamber, said “The global financial crisis showed the need of growing economies to support innovative ideas and adopt youth enterprises. It is vital to focus on entrepreneurial growth in order to boost SMEs as these businesses also contribute significantly to employment and economic activity.” (as cited in Arabian Business, May 28)
Entrepreneurship within the UAE has steadily increased as government initiatives are put into place to encourage new thinking and innovative ideas. The country heavily supports and encourages dynamic businesses that have an instinct for growth, whether a sole trader startup which with the right professional advice and management can become a large conglomerate, or a family owned business which is passed from one generation to the next.
Recent years, has seen an influx of entrepreneurs with many people developing an initiative or vision and translating these into dynamic businesses. Evidence shows that, “since the emergence of the global economic crisis, the importance of SME’s and creative entrepreneurs has increased in parallel with the declining fortunes of other sectors”.
Universities and graduate programs encourage and promote entrepreneurship as a feasible career pathway, which further supports today’s generation to develop into the leaders of tomorrow. Such support enthuses graduates to think like dynamic future leaders, which in turn supports economic success and renders further opportunities for following generations. It also continues to diversify the economy and creates balanced growth, aswell as encouraging and empowering female entrepreneurs.
As a region, we continue to see a rise in the number of dynamic entrepreneurial startups. We at Grant Thornton UAE believe that it is imperative to support entrepreneurial businesses that with the right business advisors can mature and grow.
In support of entrepreneurial businesses, we have great pleasure in announcing that we will be sponsoring the ‘Entrepreneur of the year’ award at the SMEinfo awards due to take place in November. I will be part of the judging panel and will offer support and guidance to these businesses, which with meaningful and actionable advice can become dynamic in their approach and continue to grow to become the market leaders of the future.
