Karma Accounting Solutions

Karma accounting solutions, our very own company, understand that the key to success in any business lies in proper accounting. We’re here as your business ally, ensuring you save not just money but also valuable time.

Our goal is to assist you in comprehending every aspect of your business and keeping track of it, empowering you to pursue your aspirations and progress. Our team of seasoned professionals stands by your side, ready to address any queries or concerns you may have.

Join us on the path to your Emirati business triumph and discover how Team Karma can be your reliable partner. Below are some of the services we offer; take a look and let’s embark on this journey together…!

Accounting & Bookkeeping ++

Full Accounting Cycle
Recording Invoices (Purchase/ Sales/ Expenses)
Accounts Payables Management
Accounts Receivables Management
Inventory management
Ageing Reports and Summaries
Payment/ Collection Recording
Debtor/ Creditor Ledger Scrutiny
Accounts Reconciliation
Fixed Assets Recoding
Month and Year End Journals
Month and Year End Closing
Finalization of Books of Accounts
Management Reporting
Analytical review and variance analysis
Accounting System Set Up

Accounts Reconciliation

Bank Reconciliation
Credit card Reconciliation
Sales Reconciliation
Vendor Reconciliation
Customer Reconciliation
Inventory Reconciliation
General Ledger Reconciliation
Inter Company Reconciliation
Payroll Reconciliation
Fixed Assets Reconciliation
Liabilities Reconciliation
Accrual Reconciliation
Prepaid Reconciliation
Specific Need Based Reconciliation

Tax Compliance & Advisory

Tax Registration for VAT and Corporate Tax
Tax Return Filing Services
Tax Payment to Federal Tax Authority (FTA)
Tax Rebate & Credit Services For Refund
Transfer Pricing Advisory including Benchmarking
Foreign Tax Credit (FTC) Advisory

Corporate Tax Impact Assessment
Permanent Establishment (PE) Advisory
Tax Residency Advisory
Tax Residency Certificate
Tax Advisory and Consulting Services

Risk Advisory Services

Anti-Money Laundering Compliance (AML)
Accounting Review
Internal Audit Services
IFRS Advisory
IFRS Conversion

Business Set Up

Business Set Up in UAE
Company Formation in Mainland
Company Formation in Free Zones
Company Formation in Offshore

Thank You for Reaching Out!

We appreciate your interest in Karma Accounting Solutions.
Our team has received your inquiry and is eager to assist you.
Expect to hear from us soon!

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