FIVE KEY BENEFITS OF FINANCIAL CUBE AS A TAX AGENT
Financial Cube as a Tax agent will give you hours of your life back. What you can claim, what to enter, and which documents you need – it’s all taken care of by Financial Cube.
A tax agent will ensure you are compliant with current tax laws and that your return has been accurately prepared and lodged, ensuring security.
When you lodge your return yourself, the responsibility falls squarely on your shoulders. No matter how unaware or small the mistake, if the Federal Tax Authority comes knocking, you may have to deal with fines and penalties. One of the biggest advantages of using a tax agent is that you receive peace of mind.
COMPLIANCE AND DISCLOSURE
Receiving a tax return is fantastic. What’s even better is knowing that your taxation activities are compliant and legal. Trying to find loopholes to avoid paying tax is a sure fire way to get in trouble with the FTA. Engaging with a tax agent will help ensure you receive the entire refund you are entitled to, while staying within the legal boundaries.
RISKS ARE INSURED
Professional indemnity insurance is a vital consideration for all businesses, for unexpected future losses. You will be fully protected under professional indemnity insurance for any discrepancies or any wrong risk assurance advice.
AUDITING & ASSURANCE SERVICES:
Auditing & Assurance Services are the core of any Financial Management setup. It ensures proper working of the organization according to the laid down internal controls and the efficiency and effectiveness of the controls itself. Financial Cube has a range of Assurance Solutions to help improve your financial efficiency, accuracy and stability.
ACCOUNTING & BOOKKEEPING SERVICES:
Outsourced accounting and bookkeeping service is a good idea that has turned into a typical solution for many organizations today. The firm can now be in line with its vision and focus on increasing its productivity, improving the quality of the goods and services and increasing the profits, while a third party deals with the tedious tasks of accounting and bookkeeping.
FINANCIAL CUBE IS THE SOLUTION:
The question for most business holders is not whether their bookkeeping is organized, but rather how it is organized. With a fundamental choice between employing someone to do your bookkeeping tasks and outsourcing them to a firm, there is certainly no longer a need for anyone in the company to attempt this complex task. Being said that, Financial Cube is the ultimate offshore book keeping solution, chosen by majority of small to medium sized companies around the UAE. We are an option that relieves you from the responsibilities and costs of hiring an in-house accountant.
Financial Cube is a certified cloud accounting partner with leading cloud accounting platforms and has effectively served many businesses within the UAE. With cloud accounting, it is also easier to manage real-time reporting and visibility throughout your organization, with greater mobile capabilities and collaboration. We provide our clients the option to choose the best add-on, with cloud accounting.
OUR BOOK KEEPING SERVICES:
- Accounts Payable & Receivable
- Data Entry
- Bank & Credit Reconciliation
- Maintaining General Ledgers
- Payroll Management
- Income Statement & Balance Sheet Preparation.
- Custom Reports
OUR ACCOUNTNG SERVICES:
- Preparation of Monthly-Quarterly-Year End Financial Statements and Reports
- Preparation of Tax Returns and Filings
- Management Reports
- Financial Analysis
- Fixed Asset Management
- Profit & Loss Statement
- Cash Flow
LEADS TO FINANCIAL SAVINGS
Financial Cube is always a cheaper option than hiring an in-house personnel to manage the finance section. It leads to a reduction in several attributed overhead costs like paid leaves, retirement, sick days, commute, etc. Additionally, it provides the expertise and skills of an entire team of people rather than that of a single person.
Owing to outsourcing, frauds taking place in the accounts of the company can be easily be brought to notice, as opposed to when they are committed by an internal employee. In addition, it actually reduces the risk of fraud being committed as the responsibility lies with Financial Cube.
IMPROVED CASH FLOW
Cash flow is of great importance in running a business. One of the many benefits of engaging with Financial Cube is that it helps in improving the cash flow. Our professionals help in better management of existing resources and avenues of revenue generation for the business.
Even a small business includes many activities and it is not possible to carry out each and every one of them within a given time frame with the same efficiency. Our accounting and bookkeeping services can help save a lot of time, which can then be utilized to focus on other important activities.
MORE EXPERIENCED GUIDANCE
Financial Cube provides more reliable and responsible support than internal staff. We have a lot of experience and possess the capability to deal with any issue that may arise during the term of service. We ensure quality and expert services that only highly skilled professionals are capable of.