IndexServices
(02) Services
Accounting, tax and audit, run as three teams on one calendar. Most clients start with one practice and add a second within a year.
01
Bookkeeping, payroll, management accounts
01
We run your bookkeeping, payroll and management accounts every month and close the books by the tenth working day. You get one set of numbers that your board, your bank and your investors can all use.
From
AED 2,500
a month
Leo Brandt
Head of Accounting
02
VAT, corporate tax, registrations
02
We register you, keep the tax calendar and file every VAT and corporate tax return before it falls due, in the UAE and the UK. Nothing is filed until you have read it and approved it.
From
AED 1,500
a quarter
Rami Nassar
Tax Partner
03
Statutory audit, licence renewals, group packs
03
Our audit team signs statutory audits for free zone and mainland companies in the UAE, and for UK companies that need one. We plan in the first month of your year, so year end is a review, not a rescue.
From
AED 18,000
an audit
Hannah Okoye
Audit Partner
(04) The year
Accounting
Tax
Audit
Jan
VATPlanningFeb
FieldworkMar
Sign offApr
VATMay
Jun
InterimJul
VATAug
Sep
CTOct
VATNov
Dec
CTJan
Audit planning for the new year. UAE VAT for the quarter to 31 December is due on the 28th.
Feb
Audit fieldwork for last year begins. UK VAT for the quarter to 31 December was due on the 7th.
Mar
Signed audit reports and management letters go out.
Apr
UAE VAT for the quarter to 31 March is due on the 28th.
May
UK VAT for the quarter to 31 March is due on the 7th.
Jun
Interim audit visits and early testing.
Jul
UAE VAT for the quarter to 30 June is due on the 28th.
Aug
UK VAT for the quarter to 30 June is due on the 7th.
Sep
UAE corporate tax returns for last year are due on the 30th, as are UK accounts at Companies House.
Oct
UAE VAT for the quarter to 30 September is due on the 28th. UK corporation tax is payable on the 1st.
Nov
UK VAT for the quarter to 30 September is due on the 7th.
Dec
UK company tax returns for last year are due on the 31st.
Every month closes by the tenth working day. Tax and audit dates assume calendar quarters and a 31 December year end.
(05) Fees
For one company with fewer than 150 transactions a month.
Fixed fee
AED 2,500
per month, plus VAT
For growing companies with a payroll, investors and a board.
Fixed fee
AED 6,000
per month, plus VAT
For groups with several companies across the UAE and the UK.
Fixed fee
AED 12,000
per month, plus VAT
VAT and corporate tax registration, done within a week.
Fixed fee
AED 3,000
one off, plus VAT
For free zone and mainland companies in the UAE.
From
AED 18,000
per engagement, plus VAT
Financial due diligence for buyers and investors, before they sign.
From
AED 25,000
per engagement, plus VAT
Fees exclude VAT. Monthly fees are reviewed with you once a year, never in the middle of a contract. London clients are quoted in pounds.
(06) Case studies
(07) Questions
The six questions we hear most in a first call. Anything else, ask us directly.
Xero, QuickBooks Online and Zoho Books. If you use something else, we will either work in it or move you, and we will tell you which costs less.
Yes. Most clients join mid year. We rebuild the months before we started, so the year closes on one consistent set of books.
No. Our audit team never audits a company that our accounting team works for. If you need both, we will introduce you to an audit firm we trust.
A named accountant for the monthly work and a partner who reviews everything that leaves the building. You will have both of their numbers.
Monthly work is a fixed fee agreed up front. Projects such as audits and registrations are quoted before we start. We do not bill by the hour.
We look after group companies in Saudi Arabia, Bahrain and the EU through partner firms, coordinated by one team at Vika.
