Assist Plus Accounting and Auditing Services

Assist Plus Accounting and Auditing Services Assist Plus is an ICV, Accounting, Auditing and Financial Services firm in Abu Dhabi and Dubai. TAN 30003628.

Assist Plus is a certified public accounting firm headquarter based in Abu Dhabi and a branch office in Dubai. We offer accounts bookkeeping, external auditing, In-Country Value (ICV) certification, assets valuation, VAT consultation, and business liquidation. We are a company that is trusted by the local market and known for its quality of service. Find out how Assist Plus can drive actionable in

sights and streamline workflows so that you can deliver results. We capitalise on building partnerships with our stakeholders based on transparent and open communication. We believe in being part of a team that empowers our clients to achieve their business objectives. In addition, we leverage market knowledge in the United Arab Emirates and the wider region, contributing significant value to our relationships with our partners, clients, and stakeholders. Our company was founded by professionals who share decades of experience in financial services, accounting and business advisory. Highly experienced in building successful companies, our firm leverages these years of experience to provide our clients with a highly dynamic and transparent service built on trust. The local authorities recognize us as approved auditors holding UAE Ministry of economy professional financial license no. 1019, UAE federal tax authority agency no. In addition, we have also been appointed by the UAE Ministry of industry and advance technology and an approved in-country value (ICV) certifying body.

- UAE Ministry of Economy approved auditors License No 1019

- Federal Tax Authority approved Tax Agency (TAN 30003628)

- UAE Ministry of Industry & Advance Technology approved ICV Certifying Body

πŸ“’ Small Business Relief extended until 2029The UAE Ministry of Finance has extended the Small Business Relief (SBR) regi...
12/08/2026

πŸ“’ Small Business Relief extended until 2029

The UAE Ministry of Finance has extended the Small Business Relief (SBR) regime to cover eligible tax periods ending on or before 31 December 2029 under Ministerial Decision No. 131.

This is positive news for eligible SMEs, providing continued support while they navigate the evolving UAE Corporate Tax environment.

However, SBR should not be seen as an exemption from compliance.

Businesses should continue to focus on:

βœ… Maintaining accurate books and accounting records
βœ… Strengthening financial reporting and accounting processes
βœ… Understanding their Corporate Tax obligations
βœ… Meeting registration and filing requirements within the prescribed deadlines
βœ… Building a sustainable compliance framework for the future

The extension provides SMEs with additional relief, but good financial records and timely tax compliance remain essential.

For businesses, this is a good opportunity to use the additional time to strengthen their accounting and compliance practices rather than simply focusing on the immediate tax benefit.

SBR may simplify the tax position β€” but it does not simplify the responsibility to comply.

URGENT: 3 weeks left to have your AED 10,000 Corporate Tax penalty waived β€” deadline 31 July 2026If your business regist...
08/07/2026

URGENT: 3 weeks left to have your AED 10,000 Corporate Tax penalty waived β€” deadline 31 July 2026

If your business registered for Corporate Tax late, this is the most important date on your calendar right now.

WHO THIS APPLIES TO
Businesses whose first tax period ended 31 December 2025 AND registered for Corporate Tax after the required deadline. If you registered on time with no late penalty, this specific waiver doesn't apply to you β€” though the standard 30 September 2026 filing deadline still does.

WHAT THE WAIVER REQUIRES
To have the AED 10,000 late registration penalty waived or refunded, you must file your Corporate Tax return within 7 months of your first tax period ending β€” for a Dec year-end, that's 31 July 2026.

This means a complete return: financial statements, taxable income calculation, relevant elections (e.g. Small Business Relief), and payment of any tax due. Not a placeholder filing.

⚠️ THE CATCH MOST BUSINESSES MISS
The standard filing deadline is 9 months β€” 30 September 2026 for a December year-end. Many businesses have that date circled and assume they're covered.

But if you were a late registrant, your waiver window closes 31 July, not 30 September. File in August or September and you're within the standard deadline β€” but outside the waiver window. The AED 10,000 penalty is not recoverable after 31 July if you miss the 7-month window.

ALREADY PAID THE PENALTY?
Filing within the 7-month window triggers an automatic AED 10,000 credit to your EmaraTax account β€” no separate refund application needed. It appears once your return is processed and can offset future liabilities.

WHAT TO DO THIS WEEK
βœ… Log into EmaraTax and check for an AED 10,000 late registration penalty on your account
βœ… Confirm your first tax period end date and calculate your 7-month deadline
βœ… If you're affected and your return isn't ready, prioritise it now

Three weeks is enough time to file if you start today. It won't be enough if you wait another week.

The UAE has officially entered the voluntary adoption phase of its e-invoicing framework, effective 1 July 2026. Mandato...
02/07/2026

The UAE has officially entered the voluntary adoption phase of its e-invoicing framework, effective 1 July 2026. Mandatory implementation will follow on 1 January 2027, giving businesses a limited window to prepare their systems and operations for the new digital invoicing requirements.

Recent industry findings indicate that while most businesses are aware of the upcoming mandate, many are still in the early stages of implementation. The challenge is no longer understanding the regulations, but ensuring the right technology, processes, and governance are in place.

Key Findings
β–ͺ️ National e-invoicing readiness stands at 57.5%.
β–ͺ️More than 73% of organisations have not yet established post-implementation operating procedures.
β–ͺ️Nearly 65% expect existing finance teams to manage additional e-invoicing responsibilities.
β–ͺ️Over 66% have not mapped compliance requirements for countries they invoice internationally.
β–ͺ️38% report that their ERP systems cannot generate compliant PINT AE XML e-invoices.
β–ͺ️More than 60% have not completed an ERP gap analysis.
Only 14.1% consider themselves fully capable of generating compliant e-invoices today.
β–ͺ️Around 70% cannot automatically process responses from the tax authority, an essential capability under the real-time clearance model.

Successful implementation goes beyond compliance. Businesses should evaluate whether their ERP systems can:
β–ͺ️Generate compliant e-invoices in the required format.
β–ͺ️Integrate with the UAE's e-invoicing framework.
β–ͺ️Automate invoice validation and submission.
β–ͺ️Handle invoice approvals, rejections, and corrections.
β–ͺ️Maintain audit-ready records and reporting.
Without these capabilities, businesses may face operational inefficiencies and compliance challenges once the mandate comes into effect.

Sectors with stronger digital maturity, such as technology, professional services, and logistics, appear to be further ahead in their preparations.
Industries including retail, hospitality, tourism, and manufacturing may require additional investment in ERP upgrades, workflow automation, and operational planning due to their high transaction volumes.

ISO certification: The strategic asset that separates enterprise winners from competitors.Organizations that certify str...
22/06/2026

ISO certification: The strategic asset that separates enterprise winners from competitors.

Organizations that certify strategically unlock three critical advantages:
β†’ Risk & Compliance β€” Third-party validation that satisfies auditors and institutional buyers. Demonstrates governance maturity.
β†’ Buyer Confidence β€” Enterprise contracts require certification. Certified organizations accelerate procurement cycles and command premium positioning.
β†’ Operational Maturity β€” Embedded quality systems reduce defects 25-40%, lower rework costs, and drive efficiency at scale.

The organizations scaling fastest aren't waiting to get certified. They're building systems during certification that become operational advantages.

Ready to make certification a strategic advantage?
Schedule Your Strategy Call with Us

πŸ“ž +971 (2) 641 6751
🌐 www.assistplus.ae

Understanding Small Business Relief & Your Compliance ObligationsThe Federal Tax Authority has clarified essential compl...
19/06/2026

Understanding Small Business Relief & Your Compliance Obligations

The Federal Tax Authority has clarified essential compliance requirements for businesses eligible for Small Business Relief under the Corporate Tax Law. Here's what you need to know:

To Claim Small Business Relief:

βœ… Be registered for Corporate Tax as an eligible Taxable Person
βœ… Elect the relief through your Tax Return
βœ… Make the election in each Tax Period

Important: Once you elect Small Business Relief, you remain a Taxable Person with ongoing obligations:

πŸ“ Meet Corporate Tax compliance requirements
πŸ“Š File a simplified Tax Return (reduced administrative burden)
πŸ—‚οΈ Retain relevant records and supporting documents

This relief is designed to reduce compliance complexity while maintaining your tax filing responsibilities. Whether you're a growing startup or established SME, understanding these requirements ensures seamless compliance and maximizes the relief benefits available to you.

πŸ’‘ Are you eligible? Consult with your tax advisor to determine if Small Business Relief is right for your business.

πŸ“ž +971 (2) 641 6751
🌐 www.assistplus.ae

Many organizations rely on asset registers that are incomplete, outdated, or inaccurate, creating hidden risks that impa...
09/06/2026

Many organizations rely on asset registers that are incomplete, outdated, or inaccurate, creating hidden risks that impact financial reporting, operational efficiency, compliance, and strategic decision-making.

Without accurate asset records, businesses may face:

βœ” Misstated financial statements
βœ” Increased audit and compliance risks
βœ” Poor capital allocation decisions
βœ” Untracked or underutilized assets
βœ” Inefficient maintenance and replacement planning

A comprehensive asset verification and valuation exercise provides the visibility needed to make informed business decisions, strengthen governance, and optimize asset performance.

At Assist Plus, we help organizations establish accurate asset registers and determine the fair value of their assets through professional asset verification and valuation services, ensuring confidence in every financial and operational decision.

Accurate data drives better decisions. Make sure your assets are working for your business, not against it.

πŸ“ž +971 (2) 641 6751
🌐 www.assistplus.ae

The UAE Ministry of Finance, UAE has extended the deadline for businesses to appoint an Accredited Service Provider (ASP...
12/05/2026

The UAE Ministry of Finance, UAE has extended the deadline for businesses to appoint an Accredited Service Provider (ASP) for e-invoicing.

Businesses with revenue above AED 50 million now have more time to appoint an Accredited Service Provider (ASP).

New Timeline:

πŸ”΄ Previous Deadline: 31 July 2026
🟒 New Deadline: 30 October 2026
πŸ“… Go-Live Date: 1 January 2027 (unchanged)

What You Should Do Now:
βœ“ Review your e-invoicing readiness
βœ“ Evaluate and engage with ASPs early
βœ“ Prepare your systems and data for implementation

This extension provides critical time to strengthen your compliance framework and ensure a smooth transition to mandatory e-invoicing.

Ready to navigate this transition smoothly? Contact us for expert e-invoicing compliance guidance.

πŸ“ž +971 (2) 641 6751
🌐 www.assistplus.ae

Asset tagging is more than just labeling equipmentβ€”it's a fundamental business practice that ensures financial accuracy,...
04/05/2026

Asset tagging is more than just labeling equipmentβ€”it's a fundamental business practice that ensures financial accuracy, regulatory compliance, and operational efficiency.

β–ͺ️ Why does it matter?
Accurate asset records form the foundation of reliable financial statements. When assets are properly tracked and documented, businesses gain:

Complete visibility β€” Know exactly what assets you own, where they're located, and their condition
Financial accuracy β€” Ensure depreciation calculations are correct and align with accounting standards
Audit readiness β€” Eliminate discrepancies between physical assets and financial records
Risk management β€” Detect losses, theft, or misplacement early
Compliance confidence β€” Meet IFRS and local regulatory requirements

β–ͺ️ The Challenge
Many organizations rely on manual tracking methods, spreadsheets, or outdated systems. This leads to reconciliation issues during audits, inaccurate valuations, and unnecessary time spent investigating discrepancies.

β–ͺ️ The Solution
Modern asset tagging systems provide real-time tracking, automated record-keeping, and seamless integration with financial systems. This creates a single source of truth for all asset information.

Whether you're a growing business, an established enterprise, or preparing for an auditβ€”proper asset management is essential.

Interested in learning more about asset management best practices?

πŸ“ž +971 (2) 641 6751
🌐 www.assistplus.ae

Every great business was once just a question:"Will this actually work?"It starts with an idea, sometimes years of indus...
15/04/2026

Every great business was once just a question:
"Will this actually work?"

It starts with an idea, sometimes years of industry experience finally pushed to the surface. You see the opportunity clearly. The market feels right. The timing feels right.

But then comes the harder question: how do you turn that vision into something investors trust, banks fund, and partners believe in?

The UAE in 2026 is one of the most dynamic business environments in the world. Abu Dhabi, Dubai, and Sharjah are attracting record numbers of startups, SMEs, and global investors. The opportunity is real β€” but so is the competition. Businesses that succeed here don't just have great ideas. They have a plan built on data, clarity, and strategy.

Too many founders skip the groundwork. They spend months β€” sometimes years β€” building something the market wasn't ready for, or a model that couldn't survive its first cash flow crunch. A proper feasibility study and business plan doesn't slow you down. It stops you from running in the wrong direction.

A solid plan gives you:

Confidence to pitch investors and secure bank funding
Clear financial projections β€” revenue, costs, break-even, and ROI
Market intelligence on your competitors, customers, and timing
Risk identified and addressed before it costs you
Regulatory alignment with UAE laws, licenses, and compliance

At Assist Plus, we go beyond generic templates. Our internationally proven 7-Phase Business Planning & Feasibility Study framework gives you everything you need to move forward with confidence β€” from initial consultation and market analysis, through financial modeling and strategic planning, all the way to implementation support.

Whether you're a startup validating your first idea, an SME expanding into a new sector, or an investor seeking third-party due diligence β€” we're your trusted partner across Abu Dhabi, Dubai & Sharjah.

Book a free consultation β†—
https://www.assistplus.ae/business-planning
Phone: +971 (2) 641 6751
Email: [email protected]

The UAE Ministry of Finance (M*F) has introduced amendments to Cabinet Decision No. (74) of 2023, the Executive Regulati...
06/04/2026

The UAE Ministry of Finance (M*F) has introduced amendments to Cabinet Decision No. (74) of 2023, the Executive Regulation of Federal Decree-Law No. (28) of 2022 on Tax Procedures β€” in line with changes that came into force on 1 January 2026.

Here's what changed:

1. Voluntary Disclosures Procedures for submitting voluntary disclosures have been clarified and brought in line with the updated Tax Procedures Law β€” making it easier for businesses to correct past errors proactively.

2. Refund Procedures Broadened Refund procedures now apply to any credit balance in favour of the taxpayer β€” not just specific refund scenarios β€” ensuring more consistent and fair treatment across all cases.

3. Disclosure to Government Authorities β€” Revised Mechanisms for disclosing information to competent government authorities have been refined, with stronger protections for data confidentiality and a clearly defined scope and limitations for its use.

4. Record Retention Extended by 2 Years For tax periods where a refund claim was submitted before the expiry of the statute of limitations and the Authority has not yet issued a final determination, businesses must now retain records for an additional two years.

5. Audit Document & Asset Seizure Window Expanded The amendments introduce the possibility of extending the period for preservation or seizure of documents and assets where necessary to support ongoing tax audits and examinations.

6. M*F Commitment to Taxpayer Rights The Ministry stressed these measures aim to enhance transparency, facilitate compliance, and ensure the integrity and efficiency of tax procedures β€” while fully safeguarding taxpayers' rights.

πŸ“Œ These changes affect businesses registered for VAT, Corporate Tax, and Excise Tax across the UAE.

Not sure how these amendments affect your business? Our tax team is here to help.

πŸ“ž +971 (2) 641 6751 πŸ“© [email protected] 🌐 assistplus.ae/

ο»Ώ

Address

Muroor Road
Abu Dhabi
6533

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

Telephone

+97126416751

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