30 Years of Excellence
in Legal Accounting & Financial Arbitration.
Your trusted partner for integrated accounting solutions, forensic expertise, and financial arbitration, adhering to the highest professional and legal standards in the UAE.
About Us
Services
providing you with
Financial Audit & Assurance Services
We provide independent and reliable audit services that comply with International Financial Reporting Standards (IFRS). Our goal is to provide clients with transparent financial insights that help them make informed decisions and build trust with stakeholders and regulatory bodies. Our services include:
- Annual financial statement auditing.
- Preparation of IFRS/GAAP compliant financial reports.
- Specialized assurance and limited review engagements.
Business Formation
We provide comprehensive guidance and full support for investors wishing to establish their companies in the UAE. We help you select the most suitable legal structure (mainland or free zone), register the trade name, and obtain necessary government approvals. Our services include:
- Identifying the nature of the business activity and legal structure.
- Preparing and notarizing the Memorandum of Association (MOA) and required legal documents.
- Assistance with office leasing or obtaining attested tenancy contracts.
Accounting & Bookkeeping Services
We manage all aspects of your company’s day-to-day accounting, ensuring accurate financial records and compliance with local regulations. Our services help you save operational costs (such as the cost of an ERP system and full-time accountant salaries). Our services include:
- Daily sales, purchase, and expense entry.
- Bank and cash reconciliation.
- Accurate tracking of receivables and payables (PDCs).
- Monthly/quarterly financial reporting (Balance Sheet, P&L, Cash Flow Statement).
Business & Management Consultancy
Our team of experts is ready to help you navigate market challenges and significantly improve your business performance. We provide tailored solutions to enhance operational efficiency, build effective growth strategies, and increase profitability. Our consultations include:
- Strategic planning and crafting actionable roadmaps.
- Market and competitor analysis offering data-driven insights.
- Streamlining operational processes and optimizing workflows to minimize costs.
- Business valuation and financial restructuring services.
Tax Consultancy
As an FTA Approved Tax Agency, we ensure full compliance with all tax requirements in the UAE, covering both VAT and the new Corporate Tax. Our services aim to optimize your tax position and avoid financial penalties.
- Tax registration for VAT and Corporate Tax.
- Preparation and accurate filing of periodic tax returns.
- Representing clients before the Federal Tax Authority (FTA) and responding to inquiries.
- Specialized consultancy for optimizing tax planning and minimizing liabilities.
Ready to Grow with Confidence?
You don’t have to scale alone. Our experts are here to guide you every step of the way with personalized strategies and trusted support.
FAQs
Have questions about auditing, corporate tax, or financial arbitration services in Dubai? Find quick and comprehensive answers to our clients’ most common inquiries here.
Welcome to our Frequently Asked Questions section. We have compiled the most common queries we receive from clients regarding accounting, tax, legal, and financial consultancy services in the UAE.
If you do not find the answer to your question here, we invite you to contact our team of experts directly via the Contact Us page for a personalized consultation.
General Questions
Are you officially approved Tax Agents by the Federal Tax Authority (FTA)?
Yes, “Masters” is an officially licensed Tax Agency (TAN No. 30000558), and Dr. Bassam Ajoul is an approved Tax Agent (TAAN No. 20016952).
What types of companies do you serve?
We serve a wide range of businesses, from startups and SMEs to large private companies operating on the mainland and in free zones across the UAE. Our expertise spans over 30 years in the local market.
Audit & Accounting Questions
Can you help with day-to-day bookkeeping?
Yes, we offer comprehensive bookkeeping services that ensure the accuracy of your financial records and IFRS compliance, saving you the hassle of internal hiring.
Is a financial audit mandatory for all companies in the UAE?
Yes, under the UAE Commercial Companies Law, most companies are required to appoint an independent auditor and submit audited financial statements annually to regulatory authorities for trade license renewal.
Tax Questions
How do you help companies comply with VAT?
We provide registration services, periodic VAT returns filing, representation during FTA audits, and expert consultation to avoid penalties.
When should I register for Corporate Tax in the UAE?
The registration deadline depends on your company’s financial year start date. We help you determine the exact deadline and complete the registration process via the EmaraTax portal.
Arbitration & Bankruptcy Questions
Does Dr. Bassam Ajoul provide consultation on bankruptcy cases?
Yes, Dr. Bassam is the first approved Bankruptcy Expert registered with the Dubai Courts, offering specialized consultation on financial restructuring and solutions related to the new Bankruptcy Law.
What is financial arbitration?
Financial arbitration is a confidential and swift alternative dispute resolution method for commercial and financial disputes outside of traditional courts. Dr. Bassam Ajoul is a certified court expert, and our reports are highly regarded and accepted in Dubai Courts.