Corporate Tax
- - Customized Tax Impact Assessment
- - Transition Support
- - Post-Implementation Support
- - Tax Group v/s Individual Entity Registration
International Financial Reporting Standards (IFRS) refers to a globally-accepted set of accounting and financial reporting guidelines for preparing and presenting financial statements. At MBG, we support companies in insuring the financial statements are as per the financial reporting guidelines. These IFRS standards are issued by the International Accounting Standards Board (IASB) to create a common accounting language that could be understood globally by investors, auditors, government regulators, and other interested stakeholders. These common rules and guidelines are applicable across the globe helping make financial statements consistent, credible and comparable.
Additionally, certain regulatory bodies and free zones may require or permit the use of IFRS for financial reporting.
At MBG Corporate Services, we give you a holistic 360 degree approach to the implications of the upcoming Corporate tax regime. We offer solutions related to legal, VAT, audit, IFRS, and other UAE-related laws and regulations.