Value Added Tax (VAT) is an indirect tax imposed on the supply of goods and services and the general VAT rate is 5%.It’s compulsory for businesses with a turnover exceeding AED 375,000 and nonmandatory for businesses with a turnover exceeding AED 187,500. VAT is a government way to get revenue to enhance public services, and for the development of the nation.

Investment banking consultants work with investors to give them the best-customized financial advice. Their responsibilities comprise knowing investment objectives, making investment plans, distributing client documents, and many more.

Commercial due diligence (CDD) is a process of assessing the commercial aspects of a business or investment opportunity. It involves conducting a thorough review of a company's market position, competition, customer base, revenue streams, and other factors that could affect its financial performance.

Being a business owner, one should know the exact price of the company which needs precise business valuation services.

The benefits of offshoring finance services involve tax advantages, asset safety, privacy, and a wider range of investments. Downsides involve high costs and increased regulatory examination that offshore management and accounts face.

Investment Banking services involve economic functionality by delivering different important financial services to their clients, like helping organizations find the investor for acquiring debt finance, underwriting stock problems, working as a financial advisor, handling mergers and acquisitions, and many more. An investment banking service provider is like a mediator between investor and issuer who helps clients raise money through debt and equity deliverables.

In simple words, a financial consulting firm helps in delivering business and finance-related advice and services to companies to reduce the burden of business owners and run the business smoothly. The financial consultancy firm has a team of professionals for each service it delivers, these professionals help organizations with solutions that help them to grow.

‍Transaction advisory services offered by financial consulting firms can provide your business with professional advice to handle all the operations associated with your business’s transactions from start to end. They can become a support system for your business in significant transactions like mergers and acquisitions.

To understand corporate governance in Dubai, let’s understand what it is and how finance consultancy services can help.