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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
June marked the start of the holy month of Ramadan. Muslims around the world fast during the holy month of Ramadan which is regarded as one of the five pillars of Islam. The word Ramadan comes from an Arabic word, which means scorching heat or dryness. Whilst fasting from dawn to sunset, Muslims refrain from eating, drinking, smoking and any other non-cleansing activities to remain pure and enlightened.
During Ramadan, Muslims also increase their offering by being charitable and giving during this month, along with praying by reciting the Quran. Muslims believe that the benefits of fasting far outweigh the sacrifices that they make during this month for their faith.
When looking at the fundaments of Ramadan, it can be underpinned to something that is observed around the world by various communities and religions – faith. Faith can be translated into confidence, trust, doctrine of a religion and belief. This transpires into everything that we do as individuals, at home, outside and within business.
As a start-up or SME enters the business environment they enlist the faith of business mentors, communities and organisations like Grant Thornton UAE to support them with their new endeavor. For businesses entering the market or at the concept, start-up and entry phase of the business lifecycle having a mentor who can guide you through the early phase is often seen as a competitive advantage.
Enlisting a mentor who believes and has faith within the business means looking beyond the numbers and truly unlocking potential. The fundaments of faith and the lessons which are sought during the holy month of Ramadan, I believe go further than religion and can resonate in other ways as mentioned.
The global market continues to change and with this change sees the emergence of entrepreneurial SME’s. SMEs account for up to 99 percent of businesses and 40-50 percent of GDP within the UAE. Globally, 50 percent of all jobs are generated by SMEs (as cited in the Gulf news on May 19, 2013), thereby making this an important segment.
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.
It is important to reflect during the holy month of June and think not only about how we can continue to grow as individuals within our homes, but how we can then take this element of faith and apply this within our business exchanges and engagements. At Grant Thornton UAE, we believe it is much more than rubbing stamping opinions and numbers if true potential is to be seen and unlocked – an instinct for growth requires an element of faith which we pride ourselves on.
On the notion of faith, I would like to take this opportunity to wish you and your families a Ramadan Kareem. May you be blessed during this holy month.
