The ultimate solution for integrated business setup
The ultimate solution for integrated business setup
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SPC Finance
The financial backbone for businesses across the UAE, offering services such as tax consultation, VAT registration, audits, and bookkeeping. Businesses of all sizes can utilize these services to maintain financial compliance and accuracy.
Corporate Tax
VAT Registration
Financial Audit Report
Bookkeeping
Frequently Asked Questions (FAQs)
SPC Free Zone’s Finance services cater to businesses of all sizes across various industries in the UAE. Whether you are a startup, SME, or large corporation, our services such as tax consultation, VAT registration, audits, and bookkeeping are designed to ensure financial compliance and accuracy.
The UAE introduced a corporate tax rate of 9% on annual profits exceeding 375,000 AED (around $100,000). Businesses with profits below this threshold and “Qualifying Free Zone Persons” are exempt from corporate tax.
Our services include corporate tax advisory, registration, return filing, bookkeeping in Excel (for up to 2 transactions per month), and annual management accounts preparation.
VAT registration is mandatory for UAE-based businesses with taxable supplies and imports exceeding AED 375,000 per year. Non-UAE-based businesses making taxable supplies in the UAE also need to register, regardless of the value.
We handle the entire registration process, including document collection and registration with the Federal Tax Authority (FTA).
A Financial Audit Report is an independent assessment of your financial statements conducted by a Ministry of Economics certified accountant. It verifies the accuracy of your financial information and ensures compliance with regulations.
Our bookkeeping service includes accounting entries, regular updates (real-time bookkeeping), profit and loss statements, balance-sheet statements, bank reconciliation, cash book reconciliation, and optional use of TALLY accounting software.
Bookkeeping is crucial for informed decision-making, ensuring tax compliance, and maintaining accurate financial records. It helps you track and manage your business’s financial activities effectively.
