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Below attached file is the profile of WBS Company
The Outsourcing Service Which services can be outsourced
Outsourcing service A lot of enterprises are led by entrepreneurs who possess the energy and passion for their services and products that make their business profitable. However, many entrepreneurs do not have the accounting skills or aren’t inclined to get involved in the accounting aspect of their business. Efficiency is a top goal for CFOs that want outsourcing Finance & Accounts (F & A) processes.
In accordance with the UAE Commercial Company Law 2015 and the UAE VAT Law, every registered company within the country is required to keep the books of accounts. When VAT was added to the UAE on January 1, 2018. it became extremely crucial that all businesses keep accounts and books with full precision to be in compliance with Federal Tax Authority (FTA) regulations). The requirements for compliance are increasing each day, and business owners do not want to be burdened with massive fines for non-compliance.
Outsourcing Services (Key Points)
What is the best way to outsource?
We at WBS are specialized in providing Finance & Accounts (F & A) department outsourcing solutions to a diverse variety of businesses in all sizes, from startups to established firms. We can handle your accounting needs day-to-day and offer you one point to contact. Our team of experts handles the technical and legal aspects of accounting, so that you can concentrate on other aspects of your business activities. The services are offered at a reasonable cost and at the speed you need. All information supplied is stored on a secure server and our security procedures are high.
Accounting is the core of every company because it provides the most vital information needed to manage the company efficiently. A highly-paid accountant’s job can’t be substituted by ordinary accountants , or by an inexperienced accounting company to which you’ve contracted your bookkeeping and accounting services within Dubai as well as any of the other Emirates within the UAE. Maintaining proper accounting is the responsibility of a professional , and it requires the proper qualifications. Services Outsourced Companies who try to manage their accounts on their own have often failed because they do not have the right personnel to do the task. It is possible to outsource accounting tasks in Dubai, UAE to us and have peace of assurance.
The primary reason outsourcing your work is that you are sure that the task is performed by a group of experts who are able to manage your financial records in an efficient manner. You will be able to use your precious time to concentrate on your work. If you contract the accounting functions in Dubai, UAE to us, we’ll ensure that you’re in compliance with Companies Act, Federal Tax laws and Federal laws in this area. We can create reports that conform to IFRS (International Financial Reporting Standard). We can offer a one-stop solution for all your requirements.
If we are appointed to assume the responsibility of maintaining accounts, we’ll ensure that you receive all the information needed to aid in running the company more effectively. The management reports you require for planning your next actions will be available in time. We will make sure that your vendor, bank and customers’ accounts are reconciled regularly to ensure that you are aware of the current financial situation of the company. This will assist you to make choices with confidence regarding purchases and expansion.
