+971 54 204 0822
info@taxadepts.com
+971 54 204 0822
Linkedin Facebook Instagram Youtube
+971 54 204 0822
Book Your Appointment

Archives: Services

What is Business Valuation

Business Valuation is the process of determining the economic value of a Business or Company

It involves analyzing various factors such as the financial performance, assets, liabilities, market conditions, and growth potential of the business to arrive at an estimated value.

What is Business Valuation

Business valuation is the process of determining the economic value of a business or company. It involves analyzing various factors such as the financial performance, assets, liabilities, market conditions, and growth potential of the business to arrive at an estimated value.

Why Business Valuation Is Required

Business valuation is an important tool for business owners, investors, and other stakeholders because it provides a comprehensive understanding of the value and financial health of the business
Mergers and Acquisitions
Business valuation is essential for mergers and acquisitions, as it helps buyers determine the fair market value of a target business and sellers to set a reasonable asking price. It can also help negotiate the terms of the transaction and provide insights into potential risks and opportunities.
Fundraising
Business valuation can be important when raising capital, as it provides investors with an objective and accurate estimate of a company’s worth, which can help to attract potential investors and secure funding.
Business consultants
Exit Strategies
Business owners may need to develop an exit strategy for their business, and business valuation can provide them with the necessary information to make informed decisions about the timing and method of exiting the business.
Tax Planning
Business valuation can be an important tool for tax planning, as it provides an objective estimate of the value of the business that can be used for estate planning, gift tax planning, and other tax-related purposes.
Internal Management
Business valuation can help owners and management better understand the financial health of their business and identify areas of improvement or growth potential. It can also provide a benchmark for performance and help with strategic decision-making.

Methods of Business Valuation

Business valuation is a complex process that requires consideration of various factors such as financial performance, assets, liabilities, market conditions, and growth potential. There are several techniques that can be used to perform a business valuation, and each approach has its advantages and limitations. Here are some detailed techniques of business valuation:

Market Approach

The market approach is a popular method for business valuation that involves comparing the target business with other similar companies in terms of size, industry, and location. This approach looks at the prices of similar businesses that have recently been sold in the market, and it is based on the principle that similar businesses will have similar values. The market approach considers the following methods:
Guideline Public Company Method
This approach involves looking at the financial ratios and multiples of publicly traded companies in the same industry to estimate the value of the target business.
Guideline Transaction Method
This approach involves analyzing the financial data of comparable companies that have been recently sold to determine the fair market value of the target business.

Income Approach

The income approach is a widely used method of business valuation that focuses on the expected future cash flows that a business is expected to generate. The income approach considers the following methods.

Discounted Cash Flow (DCF) Method

The DCF method involves estimating the future cash flows of the business and then discounting them back to their present value using a discount rate. This approach considers the risks associated with future cash flows and the time value of money.

Capitalization of Earnings Method

The capitalization of earnings method involves estimating the expected future earnings of the business and then capitalizing them using a rate of return. This approach is commonly used for small businesses that have a stable history of earnings.

Asset-Based Approach

The asset-based approach is a method of business valuation that focuses on the net value of a company’s assets after deducting its liabilities. This approach considers the following methods:
Book Value Method
The book value method involves determining the net value of the company’s assets by subtracting its liabilities from the total asset value. This approach is most commonly used for companies that have a significant amount of tangible assets, such as real estate or manufacturing equipment.
Liquidation Value Method
The liquidation value method involves estimating the value of a business’s assets if they were sold in a forced liquidation scenario. This approach is most commonly used for distressed businesses or those that are about to be sold.
closeup-two-serious-business-men-using-tablet

Weighted Average Cost of Capital (WACC) Approach

The WACC approach is a method of business valuation that considers the cost of both debt and equity capital. The WACC is used to calculate the discount rate for future cash flows, which is then used to determine the present value of the business. The WACC approach is often used in conjunction with the income approach.

Industry-Specific Multiples

Industry-specific multiples involve analyzing the financial ratios of companies in the same industry to estimate the value of the target business. This approach is commonly used in the valuation of public companies, where a large amount of financial data is available.

frequently asked questions

Business valuation is the process of determining the economic value of a business or company.
Business valuation is important for various reasons, such as determining the fair market value of a business, facilitating mergers and acquisitions, and assessing the financial health of a company.
There are various techniques for business valuation, including asset-based valuation, market-based valuation, income-based valuation, discounted cash flow valuation, capitalization of earnings valuation, comparable company analysis, precedent transaction analysis, economic value-added valuation, replacement cost valuation, and liquidation value valuation.
The frequency of business valuation depends on various factors, such as the size and industry of the business, its financial performance, and market conditions. Generally, it is recommended to conduct a business valuation at least once every three years.
The duration of a business valuation depends on the complexity of the business and the valuation techniques used. Typically, it can take anywhere from a few days to several weeks to complete a business valuation.
A business valuation can be performed by a professional valuation firm, a certified public accountant (CPA), or a business appraiser who has expertise in business valuation.
Various factors are considered in a business valuation, such as the company's financial statements, revenue, profits, assets, liabilities, market trends, competition, and industry outlook.

Why Choose ADEPTS

Expertise and Experience
At Adepts Chartered Accountants, our team consists of highly skilled professionals with extensive experience in managing complex regulatory and accounting standards. We are proficient in both local and international regulations, ensuring our services are accurate and fully compliant.
Tailored Solutions
Recognizing the unique nature of each Business, we offer customizable services designed to align with your specific needs and business objectives. We collaborate closely with you to understand your requirements and deliver solutions that achieve optimal results.
Time and Cost Efficiency
By choosing our services, you benefit from significant savings in time and resources. Our solutions are engineered to be cost-effective, providing high-quality support without the need for substantial internal investment.
Accuracy and Compliance
We prioritize accuracy and compliance in every aspect of our service. Our meticulous approach and rigorous procedures ensure precision and adherence to standards, reducing the risk of errors and the potential for non-compliance penalties.
Dependable Service
Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Dubai Free Zones

services

Dubai Free Zones

Aenean haretra quam placerat adipiscing penatibus aliquam adipiscing gravida elementum aliquet eget senectus felis enim diam molestie.

Company Formation in DIFC

Dubai International Financial Centre (DIFC) is one of 30+ Dubai Free Zones that is located between the East and West.
View Detail

Value Added Tax

Stay one step ahead with our FTA-approved tax agency services with a team of tax experts having extensive experience and knowledge about VAT laws and regulations.
View Detail
TESTIMONIALS

What’s Our Clients Say

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip.

Gravida vulputate aliquet tempor siteque sed pretium urna sed etid aenean haretra placerat enim haretra adipiscing penati aliqua varius adipiscing gravida elementum.
Lucas Turner
Business
Gravida vulputate aliquet tempor sitequesed pretium urna aenean haretra placer eharetra adipiscing penati aliqua
James Dawson
Business
Gravida vulputate aliquet tempor sitequesed pretium urna aenean haretra placer eharetra adipiscing penati aliqua
Danica Monroe
Business
overlay-vid-w.jpg
Play Video
Who we WorkED WITH

We've worked With Thousands of Satisfied Clients

Gravida vulputate aliquet tempor sit. Neque sed pretium non urna sed etid aenean haretra quam placerat adipiscing penatibus aliquam adipiscing gravida elementum aliquet eget senectus felis enim diam molestie.
Let’s Talk

Our Clients

UAE Free Zones

services

UAE Free Zones

Company Formation In DIFC

A secure and efficient forum for businesses and financial organizations to reach into the region's emerging markets.
View Detail

Company Formation In DMCC

Dubai Multi Commodities Centre (DMCC) is a strategic initiative by the Government of Dubai to provide a vibrant marketplace for commodities traders and related service providers. Renowned for its state-of-the-art infrastructure, flexible business setup options, and unparalleled facilities, DMCC has positioned itself as an ideal destination for business setup in Dubai.
View Detail

Company Formation In ADGM

Company Formation In ADGM At Adepts Chartered Accountants, we understand the critical role of internal audit in ensuring the effectiveness of your organization's operations, risk management, and internal control systems
View Detail

Company Formation In RAKEZ

At Adepts Chartered Accountants, we understand the critical role of internal audit in ensuring the effectiveness of your organization's operations, risk management, and internal control systems
View Detail

Company Formation In SHAMS

SHAMS, or Sharjah Media City, is one of the newest and most desirable free zones for entrepreneurs and businesses in the UAE. Offering a dynamic environment and exceptional facilities, SHAMS is the perfect place for creativity to flourish.
View Detail

Company Formation In Al Hamriyah

Al Hamriyah Free Zone is an emerging free zone in the UAE known for its simplicity, speed, and security in company formation. It offers businesses a strategic location with access to key global markets and a friendly business environment.
View Detail

Company Formation in DIFC

A secure and efficient forum for businesses and financial organizations to reach into the region's emerging markets

Dubai International Financial Centre (DIFC) is one of 30+ Dubai Free Zones that is located between the East and West. DIFC delivers a safe and efficient platform for businesses to reach into and out of the emerging markets of the region. The quality and range of DIFC’s self-reliant regulation, framework of ordinary law, supportive infrastructure, and tax-friendly administration make it the ideal location from which to capitalize on the region’s constantly expanding need for financial and business services. The DIFC is unique because its legal system is consistent with “English common law.”

DIFC Company Formation

The DIFC’s goals are to deliver a forum for DIFC company formation and particularly financial organizations to operate a business with the region’s emerging markets. It is an international economic centre nestled in the centre of Dubai. It is bounded by an area rich in natural resources.
DIFC helps client growth through authority business process streamlining, service advancement, and improved management structures aimed at a superior client experience. One of the principal factors behind the success of DIFC is its self-reliant risk-based regulator i.e., the Dubai Financial Services Authority (DFSA), which grants licenses and controls the activities of financial services conducted through DIFC.

Benefits of Company Formation in DIFC

The following are the benefits of Company formation in DIFC :

LEGAL AND REGULATORY FRAMEWORK

  • The legal framework supports cross-border activities.
  • 100% foreign ownership permitted.
  • No restriction on foreign talent or employees.
  • No restrictions on capital repatriation.

TAX BENEFITS

  • Zero tax for 50 years on profits, capital or assets from 2004.
  • Zero tax on employee income.

COUNTERPARTY CONFIDENCE

  • Highly regarded, independent regulator.
  • Independent, English-speaking, common law judicial system.
  • Distinct from the UAE legal system.
  • Risk-based regulatory approach.
DIFC

DIVERSE ECOSYSTEM

  • Central to regional deal-making without any restrictions.
  • Presence of well-known international firms, investment and wealth management firms, banks, and financial institutions.
  • Professional auditing and tax services with complete knowledge.
  • The largest fund domicile in the region.

GEOGRAPHIC EPICENTER

  • Working areas, including holding companies and family offices, are closer to the assets that they manage.
  • The Middle East, Africa and South Asia (MEASA) is rapidly becoming a centre of gravity for the global economy.
  • Dubai plays a vital role in the growing trade, primarily between Asia and Africa.
  • Positioned centrally to reap the benefits of emerging markets.

Why Set Up a Business in DIFC?

There are several reasons to build a business in the Dubai International Financial Centre (DIFC). The DIFC delivers a world-class regulatory environment and an extended range of business activities to banks, financial institutions, and professional services firms. The DIFC is also a convenient location for corporations in the Middle East and North Africa. With a strong legal system and English as an official language, DIFC welcomes a West-oriented business model. Thus the DIFC is an important financial hub in the Middle East and is home to several popular banks and financial organizations. The Centre is also a favored choice for setting up a business due to its low taxes and easy business set-up process.
business meeting

Key Steps for Establishing a Business in DIFC

The following factors are to keep in mind while establishing a business in DIFC:
  • You should first choose your company's legal structure to determine the types of licenses and approvals you will need to obtain beforehand. This will help you plan better with an understanding of legalities and peace of mind
  • Once you have a strategy, you need to secure the necessary financing for your business. This may involve approaching local banks or financial institutions for help.
  • You need to obtain the required business licenses and permits from the DIFC Authority for execution.
  • Lastly, you need to find suitable office space within DIFC after registering your business with the DIFC Registrar of Companies.
Following these steps will ensure that your business is properly set up and compliant with all the relevant laws and restrictions. With the most favorable business environment and effortless company set-up process, the DIFC is the perfect spot to start establishing your business in the Middle East.

Document Required for Business setup in DIFC

  • Proof of trade name reservation
  • Passport(PP) Copies for the shareholder(s)
  • List of  activities to obtain the relevant license in DIFC
  • Personal Information sheet for each shareholder & manager
  • Passport copy and C.V of the Manager
  • Notarized Power of Attorney appointing as your legal representative, So that we can act on your behalf and/or on behalf of the shareholders.
  • Lease agreement – Lease Documents Having a physical address for your venture/office is a Compulsory requirement in the UAE. The rent on average within the free zone area is US$ 25 up to US$ 45 per sq. / ft. (US$ 225 up to US$ 400 per sq. /m.). Our company can assist you while searching for your Physical address.
  • You might require to submit other documents as well to fully complete the process.
There are some activities which might require third-party / authority pre-approval – accordingly additional costs and professional fees might be applicable. Contact us to know more.

What We Offer?

Our company formation specialists suggest to our clients the best possible way to structure their business per the business activities which our clients are willing to undertake. Our experienced professionals can help you in dealing with all the legislative requirements in an efficient and cost-effective way so that you can implement your business activities according to the land with no legal worries.
At Adepts, we assist companies and organizations in setting up their business in DIFC. The DIFC can carry out the following financial service activities:
  • investment banking
  • private banking
  • fund management
  • asset management
  • brokerage
  • investment advisory services

frequently asked questions

DIFC (Dubai International Financial Centre) is a free-zone located in Dubai, United Arab Emirates. It was established in 2004 with the purpose of attracting international financial services and companies to the region. It operates as an independent jurisdiction with its own legal system, tax regime, and regulatory framework. The DIFC is a hub for many regional and international financial institutions and offers a business-friendly environment and world-class infrastructure.

Setting up a business in the DIFC offers several advantages, including:

  • Access to a large pool of international talent and expertise
  • Zero tax on income and profits
  • Strategic location within close proximity to major Middle Eastern, African and South Asian markets
  • Access to a well-developed financial and regulatory infrastructure
  • A supportive and conducive business environment that enables the growth of companies
DIFC offers a wide range of company setup options, including limited liability companies (LLCs), branches of foreign companies, partnerships, limited partnerships and sole proprietorship companies. The DIFC also has specific provisions for financial services companies, such as banks, insurance companies, investment firms, and others.

The eligibility criteria for setting up a business in DIFC are as follows:

  • The business should be owned by an individual or company registered outside the UAE
  • The business should provide financial or professional services
  • The business should be approved by the DIFC Authority
The time required to set up a business in DIFC depends on several factors, such as the type of business, the complexity of the business model, the availability of necessary documents and approvals, and others. Typically, it takes between 4 to 8 weeks to set up a business in DIFC.

The costs involved in setting up a business in DIFC include:

  • Application fee
  • Company registration fee
  • Office rental
  • Legal and regulatory fees
  • Licensing and visa fees

 

The exact cost of setting up a business in DIFC will depend on the type of business, the size of the office, the number of visas required, and other factors.

The following documents are required for setting up a business in DIFC:

  • Business plan
  • Company profile
  • Passport and visa copies of all shareholders
  • Proof of address for all shareholders
  • Company registration documents
  • Memorandum and articles of association
The visa requirements for setting up a business in DIFC depend on the type of business and the number of employees. Typically, a business visa is required for the sponsor, the manager, and the employees of the business. The visa process requires the submission of several documents, including passport copies, proof of address, and others.

Why Choose ADEPTS

Expertise and Experience
At Adepts Chartered Accountants, our team consists of highly skilled professionals with extensive experience in managing complex regulatory and accounting standards. We are proficient in both local and international regulations, ensuring our services are accurate and fully compliant.
Tailored Solutions
Recognizing the unique nature of each Business, we offer customizable services designed to align with your specific needs and business objectives. We collaborate closely with you to understand your requirements and deliver solutions that achieve optimal results.
Time and Cost Efficiency
By choosing our services, you benefit from significant savings in time and resources. Our solutions are engineered to be cost-effective, providing high-quality support without the need for substantial internal investment.
Accuracy and Compliance
We prioritize accuracy and compliance in every aspect of our service. Our meticulous approach and rigorous procedures ensure precision and adherence to standards, reducing the risk of errors and the potential for non-compliance penalties.
Dependable Service
Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Company Setup

services

Company Setup

Embark on your business journey with confidence using our comprehensive Company Setup services. Whether you're looking to establish your presence in a Free Zone or Mainland area, our adept team is here to guide you through every step, ensuring a smooth and efficient setup process tailored to your business needs.

UAE Free Zones

Setting up in a Free Zone offers a host of benefits, including tax exemptions, 100% foreign ownership, and more. Our Free Zone company setup services are designed to maximize these advantages for your business. We provide end-to-end guidance on choosing the right Free Zone, understanding the specific regulations, and handling all the administrative procedures so you can focus on growing your business.
View Detail

UAE Mainland

For those looking to immerse themselves in the local market, a Mainland company setup is the way to go. We navigate you through the regulatory landscape, offering expert advice on legal structures, compliance, and local sponsorship requirements. Our team ensures your Mainland setup aligns with your business objectives, providing a solid foundation for your operations and growth.
View Detail

Finance Function Set-Up and Process

Understand and Manage your Company's Financial Resources

The accounting and finance function is primarily responsible for maintaining the accuracy of financial records, tracking cash flows, and developing financial statements. Accounting and financial analysis allow companies to make better decisions regarding their assets, liabilities, investments, taxes, and other assets.

What is Financial Function Set-up?

Financial Function Set-Up is the process of establishing a company’s financial system and procedures to ensure accurate and timely recording, tracking, analysis and reporting of financial transactions. This involves setting up the organizational structure of the accounting and finance department, developing accounting policies and procedures, implementing internal controls over financial activities, selecting appropriate software applications for record-keeping and reporting, as well as establishing systems for compliance with legal, regulatory and other applicable requirements.

Why is it Necessary for your Business?

Proper accounting and finance functions are essential components of a successful, well-run business, as they provide information that is crucial to the company’s financial health. With proper accounting and finance functions, businesses can better budget and forecast their income and expenses, maintain compliance with financial regulations, and ultimately achieve success in their respective industries. Furthermore, having these functions in place can help build credibility with customers, vendors, and other stakeholders. Having proper accounting and finance functions also allows businesses to gain insight into the performance of their operations on both a macro and micro level. This type of analysis can help identify areas for improvement within the organization as well as reveal opportunities for growth or expansion. Additionally, having these functions in place will provide the necessary data to make informed decisions regarding cash flow management or long-term investment strategies.

Benefits Of Accounting And Financial Set-Up ​

Accurate financial reporting
Accounting and finance functions help businesses maintain accurate financial records, which can be used to generate reports that detail profits, losses, assets, and liabilities. These records and reports accurately depict the business’s current financial standing. They can be used as a basis for measuring progress and making informed decisions about future investments or changes in operations.
Comprehensive Budgeting
Without proper accounting and finance functions, businesses cannot accurately budget for their expenses or forecast potential income. With comprehensive budgeting capabilities, businesses can better manage their cash flow by creating plans to allocate resources according to their goals and needs. This helps ensure that businesses can operate without over-extending themselves financially.
Compliance with Regulations
Accounting and finance functions help businesses comply with applicable laws and regulations regarding taxes, payrolls, audits, accounting standards, and other related issues. Businesses can avoid costly fines or legal ramifications associated with noncompliance by having a team of professionals dedicated to these tasks.
businessman-holding-mobile-phone-with-analyzing-financial-chart-tablet-strategy-concept-business-idea-business-concept (1) (1)

Improved Decision-making

Access to accurate financial data allows business owners to make informed decisions about growth strategies, investment opportunities, expansion projects, and more. With the right information at their fingertips, businesses can proactively analyze risks versus rewards before committing funds or entering into contracts with vendors and customers.
Increased Visibility
The accuracy of financial records generated from accounting and finance functions also provides better insight into the performance of the business, which can help identify areas for improvement or opportunities for growth that may have overlooked in the past due to inadequate record-keeping practices. Additionally, gaining visibility into the financial health of a business allows stakeholders such as investors or banks to gain trust in the company’s ability to fulfill its obligations before offering financing services or other forms of capital support.

Process of Setting up Accounting and Finance Functions

Step 1
Defining the Purpose and Objectives of the Accounting and Finance Function

Some key objectives include:
  • Ensuring financial records are accurate and complete
  • Providing financial information to management for decision-making
  • Effectively managing the company's financial resources
  • Meeting legal and regulatory requirements
  • Managing the company's cash flow and liquidity

Step 2
Assess the Current Accounting and Finance System

Some key objectives include:
  • The current accounting software and systems
  • The current accounting and finance procedures and processes
  • The current level of automation and technology
  • The current staff and resources available to support the function
  • The current level of compliance with legal and regulatory requirements.

Step 3
Identify the Resources Needed to Set Up the Accounting and Finance Function

Some key objectives include:
  • Accounting systems and software
  • Tools and templates for financial reporting
  • Audit and compliance software and systems
  • Recruiting staff, including accountants, financial analysts, and compliance experts
  • Staff training and development resources

Step 4
Develop a Plan for Implementing the Accounting and Finance Function

Some key objectives include:
  • Installation of accounting software and systems
  • Implementation of new accounting and finance processes and procedures
  • Staff training on the new software
  • Implementing new tools and templates for financial reporting
  • Ensuring compliance with legal and regulatory

Step 5
Monitor and Evaluate the Accounting and Finance Function

Some key objectives include:
  • The accuracy and consistency of financial records
  • The efficacy of accounting and finance processes and procedures
  • The amount of automation and technology employed
  • The level of compliance with legal and regulatory standards
  • The efficacy of financial reporting tools and templates

frequently asked questions

The steps involved in setting up an accounting and finance function include: defining the business's financial goals, determining the financial reporting requirements, selecting accounting software, hiring and training personnel, and establishing internal controls.
Selecting the right accounting software is critical to the success of an accounting and finance function. It is important to choose software that is easy to use, scalable, and provides the necessary financial reporting and analysis capabilities.
An accountant should have a relevant bachelor's degree, such as in accounting or finance, and certifications, such as a Certified Public Accountant (CPA), Chatered Accountant (CA) or ACCA.
Technology plays a significant role in setting up an accounting and finance function. From selecting accounting software to automating processes, technology helps to improve accuracy, efficiency, and the overall effectiveness of the function.
Common mistakes to avoid when setting up an accounting and finance function include failing to align financial goals with business goals, not properly training personnel, not implementing internal controls, and choosing the wrong accounting software.
To ensure that the accounting and finance function is running effectively, it is important to regularly review financial statements, implement internal controls, and conduct regular audits. Additionally, it is important to continuously assess and update processes and procedures to improve efficiency.

Why Choose ADEPTS

Expertise and Experience
At Adepts Chartered Accountants, our team consists of highly skilled professionals with extensive experience in managing complex regulatory and accounting standards. We are proficient in both local and international regulations, ensuring our services are accurate and fully compliant.
Tailored Solutions
Recognizing the unique nature of each Business, we offer customizable services designed to align with your specific needs and business objectives. We collaborate closely with you to understand your requirements and deliver solutions that achieve optimal results.
Time and Cost Efficiency
By choosing our services, you benefit from significant savings in time and resources. Our solutions are engineered to be cost-effective, providing high-quality support without the need for substantial internal investment.
Accuracy and Compliance
We prioritize accuracy and compliance in every aspect of our service. Our meticulous approach and rigorous procedures ensure precision and adherence to standards, reducing the risk of errors and the potential for non-compliance penalties.
Dependable Service
Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Property Valuation

Get an accurate estimate of your property with our highly qualified chartered surveyors who specialize in property valuation for residential and commercial spaces

If you want to sell your property in UAE, you must be looking for a real estate agent or someone who can provide you with an estimate of how much it may cost. Calculating a property’s worth is important for you to determine how much you will be able to sell the property for.
Our team at Adepts consists of highly qualified chartered surveyors who specialize in both residential and commercial valuations. We provide a self-reliant and comprehensive report and advice for a spectrum of different assets like apartments, villas, offices, large-scale development projects and buildings. We provide our service to our clients in a variety of different sectors for a variety of purposes according to the demands of our clients.

What is a Property Valuation Service?

Property Valuation Services can play an essential role in the efficient market by providing accurate and fast property valuations used to calculate loan, lease, and mortgage applications. This service is crucial to avoiding costly mistakes during the purchase process or verifying property value before buying a new home (or selling).
Whether you are a seller or a buyer, everyone can benefit by getting an accurate estimation from experts in this field. These property valuation services offer many services, from residential to commercial property valuation.

Why do you need a Property Valuation Service?

If you are considering selling or buying a property in UAE, you need to hire a property valuation company because it will let you know the worth of the property. We at Adepts provide professional service and advice to our clients regarding such matters to make things easier for our clients.
Getting an estimate of your property is the process of property appraisal. It is important to get an accurate valuation as this will determine how much you will be able to sell or buy the property for.

Property valuation in UAE is an important procedure that helps define the value of real estate. And this value can be utilized for many purposes, including mortgages, insurance, and tax assessments. A professional values will consider many different factors when conducting a valuation, such as the property/ real estate’s location, size, condition etc.

Benefits of engaging expert team of Property Valuers

We have an extraordinary reputation with our clients and a proven track record of satisfied companies and individuals who received our services. Our highly qualified team of professionals follows international standards and accepted marketing practices. They are also licensed by various land government agencies in UAE. We can handle any type of real estate asset, from small businesses to high-profile clients.

The following are the key benefits of hiring our Property Valuation Services:
  • Maximize value
  • Strengthen credibility
  • Reliable valuation reports
  • Good planning
  • Expert advice available all the time

What services do we offer?

We value residential, commercial and industrial, and trading real estate assets with the best of results, service, and value for money. Our property valuation services are extended on an arm’s length basis and equally professionally.
We offer:
  • Real Estate Valuation
  • Residential Property Valuation
  • Commercial property valuation
  • Business valuation
  • Property Inspection
  • Machinery valuation

frequently asked questions

Property valuation will help determine a range of values for the property in question. It can help you make a better decision for your property.
Property valuation helps the buyer make an informed decision before buying a property. A property valuation involves a thorough inspection of the real estate. The in-depth inspection often leads to finding potential points that might lead to getting a better deal on the property.
Sellers need to have a clear idea about the estimated value of their property as per the market trends. Setting a value that is way higher or way lower than the market trends can lead to a delay in making the sale.
The cost of property valuation depends on the size and type of property that is being valued and estimated.
The property valuation procedure may take 2 days to complete if the property being valued is a single property unit.

Why Choose ADEPTS

Expertise and Experience
At Adepts Chartered Accountants, our team consists of highly skilled professionals with extensive experience in managing complex regulatory and accounting standards. We are proficient in both local and international regulations, ensuring our services are accurate and fully compliant.
Tailored Solutions
Recognizing the unique nature of each Business, we offer customizable services designed to align with your specific needs and business objectives. We collaborate closely with you to understand your requirements and deliver solutions that achieve optimal results.
Time and Cost Efficiency
By choosing our services, you benefit from significant savings in time and resources. Our solutions are engineered to be cost-effective, providing high-quality support without the need for substantial internal investment.
Accuracy and Compliance
We prioritize accuracy and compliance in every aspect of our service. Our meticulous approach and rigorous procedures ensure precision and adherence to standards, reducing the risk of errors and the potential for non-compliance penalties.
Dependable Service
Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Selling a Business

Get your business ready for sale with Adepts Chartered Accountants!

Our experienced team of accountants provides a wide range of accounting, auditing, and financial services to businesses in the UAE. Let us help guide you through the complex process of selling your business and ensure it is presented in the best light to potential buyers.

What do we do?

At Adepts, we are dedicated to providing a comprehensive array of accounting, auditing, and financial services to businesses in the UAE. Many business owners don’t realize just how complex selling a business can be. That’s why our team of chartered accountants is here to serve as trusted advisors and guide through the selling process.
We understand the importance of navigating complicated financial regulations, market conditions, and buyer expectations in order to maximize successful outcomes for all parties involved. With extensive experience and knowledge of selling businesses in the UAE, you can trust that our team will make a hassle-free selling experience.

How do we sell your Business?

We understand that selling a business can be a complex and time-consuming process, and our team of experienced chartered accountants is here to help guide you through the process and ensure that your business is presented in the best possible light to potential buyers.

Pre-sale Business Valuation

The first step in selling a business is to determine its value. Our team of chartered accountants has the expertise and experience to provide accurate and reliable business valuations. We use a variety of methods, including the market approach, the income approach, and the asset approach, to determine the fair market value of your business. This will help you to set a realistic asking price and negotiate with potential buyers.
Pre-Business Valuation
Financial Statement

Preparation of Financial Statements

When selling a business, it is essential to have accurate and up-to-date financial statements. Our team of chartered accountants can help you to prepare financial statements that accurately reflect the financial position of your business. This includes preparing the balance sheet, income statement, and cash flow statement. We will also ensure that your financial statements are compliant with all relevant accounting standards and regulations.

Tax Planning and Compliance

Selling a business can have significant tax implications, and it is important to plan ahead to minimize any potential tax liabilities. Our team of chartered accountants has extensive experience in tax planning and compliance and can help you to understand the tax implications of selling your business. We will work with you to develop a tax strategy that minimizes your tax liability while ensuring compliance with all relevant tax laws and regulations.
post-sale support

Legal and Regulatory Compliance

When selling a business, it is essential to ensure that the business is compliant with all relevant legal and regulatory requirements. Our team of chartered accountants can help you to review your legal and regulatory compliance and identify any potential issues that need to be addressed. We can also work with you to develop a plan to address any compliance issues and ensure that your business is compliant with all relevant laws and regulations.

Marketing and Advertising

In order to attract potential buyers, it is important to market and advertise your business effectively. Our team of chartered accountants can help you to develop a marketing and advertising strategy that effectively promotes your business to potential buyers. We can also help you to prepare marketing materials such as brochures and flyers, and assist with online and offline advertising efforts.

Negotiations and Closing

Once you have found a potential buyer, the next step is to negotiate and close the deal. Our team of chartered accountants has the experience and expertise to help you to negotiate the best possible terms for your business. We can assist with drafting and reviewing legal documents, such as purchase agreements and closing documents, and ensure that the deal is completed in a timely and efficient manner.

Post-Sale Support

Our services don’t end once the sale is complete.Our team will work with you to ensure a smooth transition for both you and the new owner, and provide any necessary support during the first few months after the sale.
post-sale support

frequently asked questions

The process usually involves finding a buyer, valuing the business, negotiating a sale price, and closing the deal.

Business valuation can be done by considering factors such as revenue, profit, assets, liabilities, and market trends.

You can find a buyer through merger and acquisitions experts, online marketplaces, advertising, or by reaching out to potential buyers directly.
It can take several months to sell a business, depending on factors such as the size and complexity of the business and the availability of buyers.
The sale of a business can result in capital gains tax or other taxes, depending on the specific circumstances of the sale. Consult a tax professional for advice.
Yes, you can sell a business with debt, but the debt may affect the value of the business and the terms of the sale.

Why Choose ADEPTS

Expertise and Experience
At Adepts Chartered Accountants, our team consists of highly skilled professionals with extensive experience in managing complex regulatory and accounting standards. We are proficient in both local and international regulations, ensuring our services are accurate and fully compliant.
Tailored Solutions
Recognizing the unique nature of each Business, we offer customizable services designed to align with your specific needs and business objectives. We collaborate closely with you to understand your requirements and deliver solutions that achieve optimal results.
Time and Cost Efficiency
By choosing our services, you benefit from significant savings in time and resources. Our solutions are engineered to be cost-effective, providing high-quality support without the need for substantial internal investment.
Accuracy and Compliance
We prioritize accuracy and compliance in every aspect of our service. Our meticulous approach and rigorous procedures ensure precision and adherence to standards, reducing the risk of errors and the potential for non-compliance penalties.
Dependable Service
Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Transfer Pricing in UAE

The United Arab Emirates (UAE) joined the OECD Inclusive Framework on Base Erosion and Profit Shifting (BEPS) on May 16, 2018.

  • home
  • Transfer Pricing In UAE
The introduction of the Corporate Tax Regime in the UAE, effective June 1, 2023, would also bring Transfer Pricing Regulation, mandating arm’s-length transactions between connected parties.
The United Arab Emirates (UAE) joined the OECD Inclusive Framework on Base Erosion and Profit Shifting (BEPS) on May 16, 2018.
By accepting the Inclusive Framework, the United Arab Emirates has committed to implementing BEPS basic standards, including Transfer Pricing Documentation and Country-by-Country Reporting (“CbCR”).

What is Transfer Pricing?

“Transfer Pricing” refers to the transaction price between two connected parties. In a tax context, this type of transaction is conducted between two affiliated businesses and is frequently referred to as a “Controlled” transaction. Therefore, “Transfer Pricing” is the price at which a business transfers:
  • Physical commodities
  • Intangible goods or
  • Provides services to affiliated businesses.
Transfer pricing refers to all pricing arrangements made between linked parties.

What is the Arm's Length Price?

The arm’s-length price (ALP) of a transaction between two affiliated firms is the price that would have been paid if the transaction had occurred between two equivalent independent and unconnected parties, where the primary consideration was commercial.

Transfer Pricing Documentation

Businesses are required to comply with transfer pricing standards and documentation requirements derived from the OECD Transfer Pricing Guidelines.
Transfer pricing documentation will help taxpayers demonstrate that their transactions comply with the arm’s length principle, so preventing transfer pricing problems. If the amount and complexity of a company’s international and domestic activities expand, transfer pricing concerns will arise, resulting in a considerable increase in compliance expenses for taxpayers.
In this regard, it is observed that clear and broadly approved documentation norms can reduce compliance expenses that might otherwise result from a transfer pricing disagreement. To address such challenges, a company must have the necessary resources, such as an in-house or outsourced tax expert with knowledge of transfer pricing rules and foreign transactions.
Generally, a self-declaration about conformity with TP requirements must be provided online alongside the tax return.

Why Transfer Pricing?

Transfer Pricing regulations are applicable under the following conditions:
When businesses in the same country are divided into multiple departments or divisions and
  • Business Management demands the identification of value-generating company activities.
  • A division of the group offers services or transfers items to another division of the same company, and it is necessary to determine the profitability of each division;
In the case of international transactions:
  • When transactions involving tangible supplies, services, finances, or intellectual property occur between companies that share ownership and control.

Documentation Model Under OECD Guidelines

In accordance with OECD transfer pricing rules, authorities use a three-tiered strategy for transfer pricing paperwork, which includes:
Master file – contains standard data for all MNE group members
Local file — transactions involving local taxpayers
Country by Country Report – Global allocation of the MNE group’s income and taxes paid, indicators of the location of the MNE group’s economic activities.

Local File

In accordance with applicable laws and regulations, business entities that engage in transactions with linked parties must keep accurate records and files. The local file for OECD recommendations includes:
Regional Entity
  • Description of local entity’s management structure
  • A thorough overview of the firm and its strategies
  • Key competitors
Transaction
Controlled Transactions
  • A detailed description of material-controlled transactions and their context
  • Amount of intra-group payments and receipts for individually controlled transaction category.
  • Identification of related businesses and their relationships.
  • Copies of all significant interfirm agreements
  • Comparability and functional analysis with a focus on changes relative to past years
  • A description of the most appropriate transfer pricing systems and the justification for their selection.
  • A summary of the underlying assumptions of the method selection
  • A listing and summary of comparable uncontrolled transactions
  • A description of all comparative modifications made
  • A summary of the financial data used in the implementation of the chosen TP methodology.
Financial data
  • Financial information and an allocation schedule are utilized for the TP approach
  • A summary of financial data schedules for comparable uses and their source.

TP Methods under OECD guidelines

By selecting and implementing the most applicable transfer pricing method, the arm’s length price for a controlled transaction can be established. Five transfer pricing strategies are recognized by OECD

Traditional Transaction Method
  • Comparable Uncontrolled Prices Process
  • Resale Price Technique
  • Cost Plus Procedure
Transactional Profit Method
  • Transactional Profit Splitting Method
  • Transactional Net Margin Method
Financial data
  • Financial information and an allocation schedule are utilized for the TP approach
  • A summary of financial data schedules for comparable uses and their source.
Companies should select an acceptable transfer pricing technique by examining a variety of variables, such as the availability of information, the strengths and weaknesses of the transfer pricing method, the method’s suitability in light of the types of the transactions, etc. Once the transfer pricing method and a credible comparative are identified, a range of arm’s length pricing can be determined.
There may also be an option in the rules to use methods other than the approved Transfer Pricing Methods listed above, provided the Taxable Person can determine a reliable measure of an Arm’s-Length price and supporting documentation and the proposed method satisfies the requirements of UAE tax law.

Advisory

We can give you advice and help with all of your TP needs and make sure that the policies are strong and aligned with value creation, designing new prices, or reviewing your current policies..
We can provide an inclusive range of services to help our clients optimize their tax planning through effective transfer pricing policies. We specialize in developing and implementing efficient transfer pricing policies that are compliant with the regulations of the countries involved in the transaction.

Documentation and Reporting

We provide comprehensive services to ensure that our clients are compliant with all the transfer pricing regulations in the UAE. Once an audit plan is approved, we begin our fieldwork by conducting walk-throughs, inquiries, and questionnaires to collect necessary information and data. Furthermore, we keep our clients updated with the progress of the audit process and its status at all times. We also make sure to use data analysis techniques to identify any discrepancies or issues, if any, and apply corrective actions accordingly.

frequently asked questions

Yes, the current announcement says that transfer pricing applies to all transactions between related parties.
No, there are no exceptions for SMEs or new businesses. Based on what we know now from MoF, TP documentation is required for transactions with related parties that meet a certain threshold.
Yes, if the business can show that the specified methods can't be used in a reasonable way to get an arm's-length result.

Why Choose ADEPTS

Expertise and Experience
At Adepts Chartered Accountants, our team consists of highly skilled professionals with extensive experience in managing complex regulatory and accounting standards. We are proficient in both local and international regulations, ensuring our services are accurate and fully compliant.
Tailored Solutions
Recognizing the unique nature of each Business, we offer customizable services designed to align with your specific needs and business objectives. We collaborate closely with you to understand your requirements and deliver solutions that achieve optimal results.
Time and Cost Efficiency
By choosing our services, you benefit from significant savings in time and resources. Our solutions are engineered to be cost-effective, providing high-quality support without the need for substantial internal investment.
Accuracy and Compliance
We prioritize accuracy and compliance in every aspect of our service. Our meticulous approach and rigorous procedures ensure precision and adherence to standards, reducing the risk of errors and the potential for non-compliance penalties.
Dependable Service
Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.

Corporate Tax

services

Corporate Tax

Transfer Pricing in UAE

The United Arab Emirates (UAE) joined the OECD Inclusive Framework on Base Erosion and Profit Shifting (BEPS) on May 16, 2018.
View Detail

Corporate Tax Advisory

The Corporate Tax is a direct tax applied on the net income or profit of corporations and businesses.
View Detail

request For proposal

Let's Work Together: Your Ideas, Our Expertise
Request For Proposal​

Join Our Newsletter

Get exclusive insights and expert advice on financial management. Subscribe to our newsletter now!

Welcome to Adepts Chartered Accountants a leading professional Audit firm, practicing in Audit and Assurance, Taxation and Advisory services with a cumulative experience of 15 years. Adepts has grown by exceeding clients’ expectations in the provision of professional services.
Linkedin Facebook-f Instagram Youtube

Quick Menu

About Us
Blog
Contact us
Free Consultation
Privacy Policy

Services

ICV Certification
Tax Agency
Feasibility Studies
Financial Reporting
Excise Tax Audit

Contact

  • Abu Dhabi Office
    Office No. 503, New EMI Tower, Airport Road, Abu Dhabi United Arab Emirates
  • Dubai Office
    Office No. 201, Blue Bay Tower,Business Bay, Dubai, United Arab Emirates
  • info@taxadepts.com
  • +971 2 546 5849
© 2023 Adepts. Powered by Adepts Holding Limited.