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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
As we mark International Women’s Day in March it is an opportune time to look at global and local trends in relation to women in leadership. With a number of women taking key leadership roles and making history such as Helle Thorning-Schmidt who became the first female prime minister in Denmark; Ginni Rometty who became the first female CEO of IBM; Indra Nooyi who is the CEO of Pepsico and Marissa Mayer who is the CEO of Yahoo to name a few, numerous organisations and governmental initiatives are aiming to ‘bridge the gap’ to further endorse women in leadership.
Women in leadership has been a long standing matter with greater leaps being made to promote females globally. Many believe this could be due to the changing business dynamics and greater access to education globally which further supports and encourages females to ‘break’ the so called glass ceiling.
Succession planning and the introduction of young dynamic leaders within a family owned business need to consider female family members as potential primary decision makers and or stakeholders, ensuring positive influence of women extends into management and strategic decision making which can further shape the direction of the business.
When looking at the key attributes associated to leadership, it becomes evident that the participation of females on the board provides a refreshing perspective on issues and ideas. We can’t forget that for most businesses, 50% of their target market is females.
A report by Grant Thornton titled “Women in Business: from the classroom to the boardroom” (taken from the International Business Report research) identifies that there has been very little change in relation to women in leadership and that the proportion of women holding senior roles in business around the world remains at 24% - identical to the results in 2013, 2009 and 2007.
However, quotas which have been announced within the UAE will further move the gender inequality into a dynamic place over the coming years. We are already beginning to see the shift in balance with a number of qualified entrepreneurial women adding to business start-ups and key industries across the region. The top 100 most powerful Arab woman published by Arabian Business highlighted the significant leaps being made in relation to females within leadership roles such as Sheikha Lubna Al Qasimi who is the Minister of Foreign Trade; Raja Easa Al Gurg who is the Managing Director of Easa Saleh Al Gurg Group; Dr Amina Al Rustamani who is the President of Tecom Business Parks and Fatima Al Jaber who is COO of Al Jaber Group to name a few. Furthermore, businesses across the UAE need to embrace the change and empower its women to reach the boardroom so that dynamic females can continue to not only bridge the gender gap but can also significantly make a difference by adding insight to support business growth.
Grant Thornton UAE encourages and supports its own female employees to be a part of the Women’s International Leadership Link network which is developed and managed by Grant Thornton International to support, encourage and promote females within the workplace. At Grant Thornton UAE, we also introduced the first female Director to the leadership team which further endorses are commitment to promoting a culture of inclusion and empowerment and recognises how a dynamic and diverse board can further support a dynamic business to grow.
His Highness Sheikh Mohammed bin Rashid Al Maktoum said, “Women have proved themselves in many workplaces and we want them to have a strong presence in decision making positions”. The inevitable change in dynamics will lead to the makeup of the boardroom in 10 years’ time being much more balanced, inclusive and diverse than ever before.
