Bestax - Chartered Accountants in Abu Dhabi, UAE

Bestax is a professional accounting and taxation organization with headquarters in Dubai, UAE, and an office in Mississauga, Canada. They offer accounting, bookkeeping, tax, audit, business setup, and advisory services to Startups, SMEs, corporations, and multinational organizations.

They claim to have more than ten years of experience in the industry with a team of over 35 professional accountants rendering their services internationally.

Company Information

Business Name: Bestax Chartered Accountants

Industry: Accounting, Taxation, Auditing and Business Consulting

Business Type: Chartered Accountants and Financial Advisory Firm

Head Office: Business Bay, Dubai, UAE

Canadian Office: Mississauga, Ontario, Canada

Established Year: 2015

Operations Start: 2015

Experience: 10+ Years

Professionals: 35+

Core Services: Accounting, Bookkeeping, Taxation, Auditing, Business Setup, Corporate Tax, VAT, Transfer Pricing, CFO Advisory, Compliance and Financial Consulting

International Presence: UAE, Canada, USA, Panama and Georgia

Company Timeline Details

2015: Established Year

2015: Operations Start

The firm was established in 2015 and has operated for more than ten years.

Accounting Services

Bestax offers accounting services for businesses in UAE and Canada.

It includes maintaining accounting records, recording financial transactions, preparation of financial reports and statements, maintaining ledgers and helping businesses keep their financial records organized.

Bookkeeping Services

Bookkeeping services involve recording of daily transactions such as sales and purchases, receipts and payments, expenses and invoices among others.

The company helps businesses record their transactions accurately to ensure they report accurate information for tax and audit purposes.

Backlog Accounting

Backlog accounting involves helping businesses with old accounting records that may not be organized.

The company offers backlog accounting service where they go through the old records, cross verify with their transactions to identify missing information or amounts.

Bank Reconciliation

Bank reconciliation services help businesses reconcile their bank accounts.

It involves cross verifying the records in their books with those in the bank to identify any discrepancies and correct them.

The errors could arise due to missing transactions, extra transactions, wrong amounts among other issues.

Financial Statements

The company prepares financial statements including profit and loss statements, balance sheets, cash flow statements and management reports.

The reports help businesses monitor their financial progress and make informed business decisions.

Accounting Software

Bestax offers accounting software support and services.

The services include accounting support software such as Zoho Books, QuickBooks, Xero, Tally and cloud accounting support.

AI Powered Accounting

The company offers AI powered accounting and automation services to help businesses automate some processes and reduce manual work in accounting.

This technology can be used to generate invoices and reminders, track expenses, bank reconciliation and monitoring.

UAE VAT Services

Bestax provides VAT consultancy, registration and return filing services to businesses.

The company has a team of professional tax consultants who help businesses with all their VAT requirements in the UAE.

Corporate Tax Services

The company provides corporate tax registration, return filing and consultancy services in UAE.

It helps businesses meet their statutory obligations by providing UAE corporate tax filing and consultancy services.

Tax Consultancy

Bestax offers tax consultancy services to businesses and individuals.

The consultancy team offers advice and support on matters concerning tax planning, compliance and reports.

Tax Agency

Bestax is an approved tax agency in the UAE with FTA Tax Agency Number 30008692 and FTA Tax Agent Number 20052643.

The company offers tax agent services to businesses and individuals.

Auditing Services

Bestax provides financial audit and assurance services to businesses.

The company helps businesses with financial audit reports, documentation, and compliance with the relevant auditing standards.

Canadian Accounting and Tax Services

Bestax offers accounting and tax services to businesses in Canada.

It provides bookkeeping, corporate tax services, GST and HST services, financial statements and advisory services.

Canadian Corporate Tax

The company’s experts provide corporate tax preparation, filing and consultancy services to businesses in need of Canadian corporate tax support.

GST and HST Services

Bestax offers GST and HST return filing and consultancy services to businesses in need of tax support with regard to these indirect taxes.

Business Setup Services

Bestax offers business setup services to Startups and existing companies.

It provides company formation support for businesses considering setting up in the UAE Mainland, Dubai Free Zone, and offshore company formation.

Dubai Mainland Company Formation

The company offers business setup support services to businesses considering establishing their companies in the Dubai Mainland area.

Dubai Free Zone Company Formation

Bestax offers company formation support services to businesses considering setting up their companies in the Dubai Free Zone.

Offshore Company Setup

The company also provides offshore company setup services to qualified individuals and businesses.

The type of offshore business varies depending on the nature of the business and applicable laws.

Golden Visa Services

Bestax offers golden visa consultancy services to individuals and businesses considering applying for a UAE Golden Visa.

The company provides the necessary support and guidance on applying for this special visa category.

Transfer Pricing Services

Bestax offers transfer pricing advisory services to businesses dealing with related party transactions.

The company assists with documentation and compliance with the relevant transfer pricing regulations.

AML Compliance

The company offers anti money laundering compliance services to businesses looking to meet the standards and requirements of regulations in UAE.

UBO Compliance

Bestax helps businesses meet the ultimate beneficial ownership regulations by offering UBO compliance services.

ESR Compliance

The company provides economic substance regulation compliance services to businesses in need of assistance with meeting the requirements of this regulation.

ICV Certification

Bestax offers In Country Value certification services to businesses considering participating in the government and oil and gas tenders in the UAE.

CFO and Business Advisory

Bestax offers CFO and business advisory services to Startups, SMEs, and growing businesses.

The team of financial experts provides budgeting, forecasting, cash flow management, business valuation, and reporting services among others to help with business growth.

Business Valuation

The company offers business valuation services to businesses looking to determine the value of their company.

This helps with decision making regarding investments, expansion, selling the business, and other needs.

Company Liquidation

The company offers company liquidation services to businesses considering closing down.

It provides the necessary support and guidance with regard to the process of liquidating a company.

International Services

The company has international expertise and operations apart from the services in UAE and Canada.

Bestax offers accounting, taxation, audit, business setup and advisory services to businesses considering investing in the UAE, as well as those already based in Canada, the US, Panama, Georgia and other international locations.

Accounting Services in Dubai

Bestax Chartered Accountants is based in Dubai with its main office in Business Bay.

The accounting firm provides accounting, taxation, audit, business setup, and financial advisory services to businesses across the UAE.

Accounting Services in Canada

The company has an office in Mississauga, Ontario, Canada, providing accounting, bookkeeping, corporate tax, GST and HST, auditing, business setup and advisory services.

Professional Team

The company has a team of over 35 experienced and qualified professional accountants, auditors, and business experts.

The team provides accounting, taxation, audit, corporate business and financial consulting services.

Experience

Bestax Chartered Accountants has over ten years of professional experience since its establishment in 2015.

They offer expert accounting and advising services to Startups, SMEs, corporations, and multinational organizations.

Client Support

The company offers professional accounting and business advisory consultations to businesses and individuals seeking accounting and taxation services.

It provides a wide range of services including accounting, bookkeeping, tax, audit, business setup, compliance, and advisory services.

Why Choose Bestax Chartered Accountants?

Bestax offers a wide range of professional accounting and consulting services that support businesses with their different financial needs and goals.

The company’s expertise in tax agency matters, international presence, team of professional accountants, and services in both the UAE and Canada make it a good choice for businesses seeking expert financial services.

Who is Bestax For?

Startups, SMEs, corporations, investors, individuals and international businesses looking for accounting, bookkeeping, VAT, corporate tax, audit, business setup, compliance or financial advisory services can choose Bestax Chartered Accountants.

Licence and Registration Details

Business Name: Bestax Chartered Accountants

UAE Tax Agency Number: 30008692

UAE Tax Agent Number: 20052643

FTA Status: Registered Tax Agency and FTA Approved Tax Agent

ACCA Employer ID: 29477922

ICAEW Status: Approved Employer

Commercial Registration Number: Not confirmed

Dubai Trade Licence Number: Not confirmed

The FTA and professional registration numbers listed are some of the verifiable company details that Bestax Chartered Accountants provides as a professional tax agency in Dubai and UAE.

However, a separate commercial or trade licence number for the company in Dubai has not been confirmed.