Xact Auditing is an Dubai-based audit firm that specializes in accounting, audit, VAT, tax advisory and excise tax services. The company has more than 25 years experience in providing financial and corporate services.
Xact Auditing offers audit services such as financial audit, internal audit, company liquidation audit, tax audit, stock audit, risk management audit, and audit services for Free Zone Companies in UAE.
The company delivers accounting and bookkeeping services such as journal entries , sales & revenue posting, payments posting, accounting of petty cash, received material posting, payroll accounting, depreciation & fixed assets, and accounts receivable. Also, they will assist with debit & credit adjustments, owner equity statements, debtors and creditors statements, daily or weekly accounting entries, balance sheet, cash flow statement, posting of journal entries and receipts posting. Lastly, company specialists can help with purchase invoices posting, posting of material issued, VAT accounting, admin & general expenses
bank reconciliation, accounts payable reporting, trial balance reporting, and profit and loss accounting
Xact Auditing company liquidation services include preparation and submission of a liquidator’s confirmation to relevant authorities, publishment of liquidation advertisement in any 2 local newspapers for 45 days, realization of assets, cancellation of contracts and identification of liabilities and payment of all the dues such as Etisalat and DEWA and other pending expenses. Besides, they provide payment of wages and cancellation of visas of all the employees of the company, supervise the maintenance of accounting records, closing of bank account, file tax returns, submission of VAT de-registration to federal tax authority. Moreover, they will prepare and submit the report of the liquidator to the concerned authorities, organize the audit of the liquidation, prepare the company liquidation audit report, submission of all the original documents to the concerned authorities and cancellation of the trade license.
Xact Auditing have experienced chartered accountants who aim to look into the broad picture of the client’s business despite the size and complexity of the figures. Our Accounting and Financial reports are in line with the International Financial Reporting Standard (IFRS).
Xact Auditing is offering top audit services in Dubai that includes financial audit, internal audit, tax audit, stock audit and liquidation audit. Our audit report increase the credibility of your financial information by following International Standards of Auditing (ISA).
Bookkeeping services in Dubai, UAE are required by all the companies in UAE to maintain financial records. It is compulsory for all the businesses in UAE to maintain proper and standardized books of accounts. Bookkeeping services enable a business to maintain systematic financial records and keep track of transactions. Xact Auditing is offering quality most reliable bookkeeping services in Dubai. Our experienced chartered accountants are fully equipped to handle complex books for all sizes of businesses.
Xact Auditing aim is to deliver wide spectrum of solution to the tax problems and opportunities for your business in order to succeed in competitive market of UAE. Tax Consultancy is about tax compliance as per the rules and regulations of FTA covering VAT & Excise Tax.
Xact Auditing is covering all the elements of VAT and assists you in VAT registration, VAT Return Filling, VAT Refund, VAT Audit, VAT Training, VAT Consultancy & Deregistration. We ensure VAT compliance by providing quality VAT Services as per FTA laws.