fbpx

Services

Accounting Services

Financial Services

Comprehensive financial management, helping businesses maintain accurate records and make informed decisions

We work with a network of trusted partners who specialise in providing high quality accounting services.

Our team collaborates with these experts to ensure that you receive comprehensive assistance in various financial processes.

Whether you need assistance with bookkeeping, tax preparation, or financial analysis, our partners have the expertise to handle it all. With their guidance, you can rest assured that your financial records are accurately maintained, taxes are prepared efficiently, and valuable insights are derived from detailed financial analysis.

Our goal is to empower businesses with the right tools and knowledge to make informed decisions that drive growth and success.

Bookkeeping
This is the process of recording all company financial transactions into organised accounts on a daily basis. This is done by gathering all necessary documents, consolidating them and converting them into financial reports.
Monthly Management Accounts
These are a set of financial reports which can include a profit and loss account, balance sheet, cash flow statement and short reports. They give valuable insight into the performance of your business and help guide business decisions on an ongoing basis.
Payroll and WPS
This is the management of all aspects of payroll on your behalf to ensure timely payment of salaries and ensuring that all requirements around the Wage Protection System are in place and fully compliant with regulations.
VAT Registration and Setup
VAT registration requires a large amount of documentation to be submitted, some of which must be completed in Arabic. Insufficient or incomplete documents can delay the process significantly. We ensure that all documents are completed on your behalf accurately and in a timely manner to avoid unnecessary delays or fines.
VAT Quarterly Submissions and Filings

VAT returns must be submitted quarterly and must keep to specific deadlines. The filings involve a declaration of standard-rated supplies, zero-rated supplies, exempt supplies, reverse charge transactions, imports and other relevant taxes. 

Annual Audit Services

A financial statement audit is the highest level of review of a business’s books and records. It is an important way of checking financial records and procedures, identifying weaknesses in accounting procedures and correcting any financial problems. 

ESR – Annual Assessment, Notification and Reporting

The Economic Substance Regulations (ESR) are a set of regulations applied around the world and targeted towards jurisdictions that offer minimal tax liabilities to businesses. They require the regular tracking and reporting of all economic activities carried out by businesses in the UAE and involve the completion of an ESR notification template and reporting to the relevant regulatory authority on the income generated from business activities. 

Working with Jenna at Luxe Incorporations is an absolute delight. We are consistently provided with thorough and complete advice thus ensuring that we in turn provide good and honest advice to clients. I would not ever recommend anybody else over Luxe Incorporations because of how proactive and good they are at what they do.

Bianca Gracias

Crimson Legal