Welcome to B4B Consultancy

TAX Consultant B4B Accounting Corporate Services B4B Assurance Services Bank Account Services Golden Visa Services

15+years of helping business professionals in the UAE Award Winning Business Setup Consultancy in Dubai

Our Services

Company
Formation

Company
Formation

Business
Setup

Business
Setup

Accounting
Book Keeping

Accounting
Book Keeping

VAT
Registration

VAT
Registration

TAX
Consultancy

TAX
Consultancy

Business
Advisory

Business
Advisory

Bank
Account Opening

Bank
Account Opening

Visa
Solution

Visa
Solution

ESR
Services

ESR
Services

VAT
Returns

VAT
Returns

Property
Solutions

Property
Solutions

Company
Amendment

Company
Amendment

Internal
audit

Internal
audit

Trade
Mark Reg

Trade
Mark Reg

Company
Liquidation

Company
Liquidation

Free Consultation for DMCC Companies Set Up Free Consultation for DMCC Companies Set Up Free Consultation for DMCC Companies Set Up Free Consultation for DMCC Companies Set Up Free Consultation for DMCC Companies Set Up Free Consultation for DMCC Companies Set Up Free Consultation for DMCC Companies Set Up Free Consultation for DMCC Companies Set Up Free Consultation for DMCC Companies Set Up Free Consultation for DMCC Companies Set Up Free Consultation for DMCC Companies Set Up

About B4B Consultancy

Business 4 Business Consultancy We are your reliable companion to attain commercial distinction and extraordinary triumph in Dubai’s exciting world. In more than ten years of knowledge, we have made a name for ourselves as experienced providers of business consultancy services in Dubai, the best-connected professionals with clients, and an unwavering commitment to advancement.

At B4B we recognize that no two businesses are the same, each encountering its difficulties, opportunities, and ambitions. As a result, we put a premium on collaborative partnerships and strive to meet customers’ wishes, as well as provide them with award-winning Strategic Advisory in Dubai. With a wealth of expertise, a proven track record, and a tailored approach, we have the tools and expertise to work with clients who want to create a new brand, organizations that have outgrown their current scale, or businesses that develop business models to stay at a profitable level for long-term.

Why client choose us

Strategic Synergy

We believe in synergy – the power of collaboration. When you choose B4B Consultancy, you're not just hiring consultants; you're gaining strategic partners invested in your success.

5 Star Customer Services

We’re with you every step of the way, providing comprehensive support that extends beyond business setup.

Trusted By 6000+ Business Holders

Partnering with B4B Consultancy isn’t just about setting up a business; it’s about embarking on a transformative journey towards sustainable success in the vibrant UAE market, facilitated by expert Business Setup Consultants in Dubai. Let’s elevate your business together.

Comprehensive Support

We’re with you every step of the way, providing comprehensive support that extends beyond business setup.

Our Awards

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Business Setup Packages.

1

Basic Package

Essential solutions to kickstart your business, designed for startups and small enterprises.

2

Silver Package

Enhanced support for growing businesses, combining essential services with advanced consultancy.

3

Gold Package

Comprehensive solutions for significant business growth, perfect for scaling established businesses.

4

Platinum Package

Premium services to maximize potential, with tailored consultancy and top-level expertise.

The Best choice of business bank accounts in UAE.

We work closely with all Government Agencies

In partnership with

Let’s Work Together Company Formation Assurance Services Accounting Bookkeeping TAX Consultancy Business Advisory Bank Account Opening Golden Visa Pro Services VAT Registration TAX Consultancy Assurance Property Solutions

FAQ's

Company formation in Dubai

Most of the tourist finds the UAE attractive because of investment incentives, lifestyle appeal and many more. If you are looking for an opportunity to start your own business, UAE is an ideal place to start a new business. It is known as Business hub of the Middle East. Below are the frequently asked questions when considering to begin a new business.

The required licences depend on the nature of the business and its activities. Common licences include:

  • Trade licence issued by the Department of Economic Development (DED) or the relevant free zone authority.
  • Professional licences for specific professions.
  • Specialised licences or permits based on industry regulations and local laws.

The minimum capital requirement to incorporate a company in the Free Zone depends on the business activity. There is no capital requirement for branch companies.

There are several free zones in the UAE to choose from, and select among these options the most economical Free Zone available. Business 4 Business Consultancy can guide you on the most suitable Free Zone for you that fits your budget.

The timeline for obtaining a business licence varies depending on factors such as licence type, jurisdiction, and application completeness. Typically, the process can range from a few days to several weeks. Working with a reputable business setup consultant can streamline the process and expedite licence issuance.

Outsourcing accounting services offers numerous benefits, including cost savings, access to specialised expertise, and enhanced compliance. By delegating accounting tasks to professionals, businesses can focus on their core activities while ensuring precise and timely financial reporting. Additionally, outsourcing provides flexibility, scalability, and access to advanced accounting software and technology.
Businesses should update their accounting records regularly to maintain accurate and current financial information. Ideally, transactions should be recorded daily or weekly to ensure timely reporting and decision-making. Regular reconciliation of accounts, such as bank and accounts receivable/payable reconciliations, helps identify discrepancies and prevent errors in financial reporting.
A VAT health check provides insights into your VAT compliance status and identifies areas for improvement. It involves reviewing VAT processes, procedures, and documentation to identify potential issues or non-compliance areas. Benefits include proactive issue resolution, implementation of corrective measures, process optimisation, improved efficiency, and minimise risk of errors in VAT reporting.

Cross-border transactions involving imports and exports are subject to VAT in the UAE. Imports are subject to VAT at 5%, accounted for through the reverse charge mechanism. Exports are generally zero-rated, meaning VAT is not charged, but businesses can claim input VAT credits on related expenses. Accurate record-keeping and compliance with VAT reporting requirements are essential for businesses engaged in cross-border transactions

The process of registering for VAT in the UAE involves:

  • Determining eligibility based on annual taxable supplies and imports.
  • Submitting a VAT registration application to the FTA through the online
    portal.
  • Providing accurate information about the business, including activities,
    financial records, and contact details.
  • Receiving a VAT registration certificate from the FTA upon approval.
  • Commencing VAT invoicing and maintaining proper VAT records.
The UAE enforces various fines and penalties for non-compliance with VAT regulations. Penalties can be imposed for late registration, delayed submission of VAT returns, late payment of VAT, and incorrect tax filings. The amount varies depending on the violation’s severity and may include fixed amounts or a percentage of the unpaid tax. The Federal Tax Authority (FTA) may also impose penalties for failing to maintain proper VAT records or comply with VAT regulations.
Discounts are accounted for by deducting the taxable amount before calculating VAT. Tax invoices should clearly indicate the original price, discount amount, net payable amount, and the corresponding VAT calculated on the net sum to ensure transparency and compliance with VAT regulations. Proper documentation and accounting for discounts in VAT invoices are crucial to avoid errors and potential penalties.
Businesses exceeding the mandatory registration threshold for VAT or excise tax are required to register with the FTA in the UAE. Additionally, businesses with an annual turnover surpassing the voluntary registration threshold may opt for voluntary registration to benefit from input tax recovery and ensure compliance with tax regulations.

The tax registration process involves:

  • Submitting an online application to the FTA through its e-services portal.
  • Providing accurate information regarding business activities, turnover, and other relevant details.
  • Receiving a tax registration certificate from the FTA upon successful registration, enabling businesses to legally collect and remit taxes.
An audit provides an independent and objective evaluation of a company’s financial statements and internal controls. It ensures the accuracy, reliability, and integrity of financial information presented to stakeholders. Audits help uncover inefficiencies, errors, or instances of fraud, offering valuable insights for business improvement and risk management.
The frequency of audits varies based on regulatory requirements, industry standards, and company size and complexity. Publicly traded companies typically undergo annual external audits, while smaller private companies may opt for less frequent audits, such as biennial or triennial audits, depending on their risk profile and stakeholder expectations.
Internal audits evaluate and enhance a company’s internal controls, risk management processes, and operational efficiency. They help identify weaknesses or non-compliance areas, enabling management to implement corrective actions and mitigate risks effectively. Internal audits promote accountability, transparency, and ethical conduct within an organisation, fostering a culture of compliance and continuous improvement.

Testimonials

Rated 5 stars on Google for our top-quality services.

Award Wining Consultant.

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