Helping accelerate your growth at every stage
BCL Globiz is a part of the BCL Group, which was set up in the year 2011 at Bangalore, India, and has a track record of more than a decade. The firm is providing under one roof, services in the field of Accounting, Statutory/Internal Audit, Taxation, International Taxation, Company Law Matters, Transfer Pricing, Management Consultancy & matters relating to Mergers and Acquisitions.
With a strong team of Chartered Accountants, Company Secretaries and 200+ members, our extended family also consists of some of the best lawyers, tax advisors, corporate governance experts, bankers and other subject experts in the industry.
An efficient accounting & bookkeeping system is the backbone of any business. This pivotal responsibility is augmented by regulations of GAAP and IFRS. BCL’s calibre in the process brings to you the following services in a trustworthy, secure, and reliable pipeline. We have also adopted advanced software tools and systems to deliver zero-error data on-time.
Incorporation of a company is the foundation of any business, and we help you lay it out smoothly. A series of formalities with registrations, licensing, PRO services, VISA, renewals, approvals, office spacing and bank account assistance are required to be undertaken.
Do not worry!! BCL Globiz delivers tailored solutions with a thorough understanding of your needs and scope, through-out your company’s life cycle.
Value Added Tax (VAT) is a tax on consumption levied at each stage of the supply chain (Goods and Service) and ultimately borne by the end consumer. VAT was introduced in the UAE on 1st January 2018 by the Federal Tax Authority.
Every concerned state of the organizations due to the increased number of audits and random health checks, maybe dreading. We ease off that burden by enabling end-to-end internal audits which ensure compliance and protect you from penalties and legal actions.
VAT is paid by the business entity to the government after offsetting the tax amount it has paid to its suppliers and the tax amount it collected from its customers. We offer various services under VAT compliance and below is the list:
Tax Management is considered as the toughest responsibility of an organization as it demands intricate detailing and effective structuring. However, proper tax history helps prevent financial loss and reduces liability while enhancing the goodwill of the organization. BCL’s tax service suite provides a comprehensive approach to the overall tax structure of your organization.
A successful business needs a successful planning that combines comprehensive budgeting, better financial planning, and realistic forecasts. Such business planning goes on to provide financial stability, enhance visibility of risks, help analyze bottlenecks, enable control over expenses, and facilitates better fundraising.
Economic Substance Regulations (ESR) is the initiative by the government of UAE in accordance with its international commitment to global trade regulatory body such as the Organization for Economic Co-operation and Development (OECD). ESR imposes a requirement for UAE entities including offshore companies and branches of local and foreign companies that carry out certain activities, to maintain adequate economic substance in UAE.
When an organization plans to buy, sell, or transfer shares of business in the UAE or anywhere else, ascertaining the right transaction value is a prerequisite. That is when Business Valuation comes into play. The procedure includes understanding the business profile, analysing historical finances, obtaining market insights, selecting suitable valuation method, creating projections, and computing enterprise value.
Transfer Pricing refers to a pricing mechanism with respect to the price charged for goods and services, transacted between related parties. From a taxation perspective, be it local or cross-border, entities are expected to transact on an Arm’s Length basis i.e.,as if the same is being transacted between two unrelated entities. For example, the provision of management services by a Parent company to its subsidiaries or the supply of services by a company to its sister company.
History of delivering specifically designed reports before 5th of every month, with expert comments
Reports are prepared in orgainzed & precise manner, reflecting accurate details to the management
Usage of advanced technology and reporting mechanism, with no risk of manual errors
Detailed analysis of financial transactions highlighting the root cause of it
Following Standard Accounting practices & fully compliant with GAAP provisions
With strong hold on numbers and enriched accounting practices, filing of returns is never a burden
Introduction The UAE is well-known for its rapidly expanding economy and thriving business environment. With a multitude of companies operating within its borders, it is
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