Additional Services

All in one services

Additional Services

For many people, the process of filing a tax return is duanting. Tax laws change frequently,and many individuals and business owners areĀ  mostlyĀ  unaware of the of the myraid of rules that govern deductions, credit, and reportableĀ income. As a result, the average taxpayer may make mistakes that can result in under payment or overpayment of taxes. If the taxpayerĀ underpay taxes,they might be subjected to an FTA audit, with possibles penalties. If they overpay taxes, they lose money.Ā 

VAT/ Excise Tax Training & Implementation

We help passionate graduates to get a better understanding of taxation in the U.A.E. The training will include registration for tax, return filing, amendments, and deregistration along with tax implementation at your office. Additionally, candidates will get some exposure to real-time cases in a working environment.

Bank Loan Facility

We offer assistance with various banking facilities for our clients. The process and requirements may vary with banks. You may wonder why to go through us when clients can approach banks directly. For instance, consider applying for a loan in a bank; there are so many cases getting rejections or lower amounts sanctioned. This can be due to various factors. A strong representation of the case is needed for getting better success rate. Documentation can get complicated with various factors and tricky while trying to meet deadlines. When a client goes through us, the entire process becomes hassle-free with a higher success rate. We plan the case, prepare necessary documentation and accelerate the entire process.

Immigration Services

Skilled Migration to Residency Programs around the globe. Our services includes:

  • Canadian Skilled Migration & Work PermitsĀ 
  • USA Business Visa ProgramsĀ 
  • European Residency & CitizenshipĀ 
  • European Work PermitsĀ 
  • Canadian Business Immigration
  • UK Residency ProgramĀ 
  • Australian Skilled MigrationĀ 
  • Student & Visit Visas

Tax Residency Certificate (TRC)

The strain of taxation can be avoided with the tax residence certificate in UAE and the added benefit of a double taxation treaty to follow. A Tax Residency Certificate is available to any company operating on the mainland or in a free zone which has been operating in the country for at least a year. Ratheesh & Associates can help you obtain your Tax Residency Certificate (TRC) in the UAE in a timely manner

Anti ā€“ Money Laundering (AML)

Combatting money-laundering practices. Establish a legal framework that supports the authorities concerned with anti-money laundering and crimes related to money-laundering. Counter the financing of terrorist operations and suspicious organizations. As of 27 June 2019, all reporting entities in the United Arab Emirates are required to submit various types of reports, such as suspicious transaction reports (STRs), electronically to the UAE Financial Intelligence Unit using the ā€œgoAMLā€ portal.

  • Registration.Ā 
  • AML/CFT Policy, controls, procedures and documentation.
  • In ā€“ house AML Department setup
  • AML Training.
  • Manage KYC.
  • AML/CFT Risk Assessment Report.

ICV Certification (In ā€“ Country Value)

The National In-Country Value (ICV) Program is a UAE government program that aims to
boost economic performance and support local industries by redirecting higher portions of
public spending into the national economy. Getting an ICV certificate gives the companies
a certain weightage during tender assessments; the suppliers may obtain an ICV Certificate
showing a score based on their contribution as per the latest audited financial statements
and other factors. R & A can help you obtain ICV certificate to help boost your business.

Why ICV Certification is Essential for Suppliers?
By becoming part of the ICV program, suppliers can contribute to the UAEā€™s strategic aim
of bolstering the growth of the local industries and cutting the reliance on imports. The
suppliers can also benefit from the financing incentives that will be announced in the future.
These are some of the general benefits, but the core benefits of the ICV certification program
are listed below:

  • Suppliers who become part of the program can leverage the increase in demand for localĀ products and services along with the opportunity for government contracting.
  • Individual entrepreneurs, as well as small and medium-sized enterprises (SMEs), canĀ boost their business growth as value chains become localized on account of the ICVĀ program.
  • Key objectives of the ICV program include promoting local companies, introducing the products of the local companies into the market, and generating high-skilled jobs.
  • The ICV certification program creates more opportunities for local suppliers to enterĀ partnerships with foreign businesses wishing to leverage the competitive advantages ofĀ a joint supply chain.
  • The holders of the ICV certificate can have a contractual advantage with the partner companies and federal authorities.