Third Eye Consultancy

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STRATEGIC MANAGEMENT AND ACCOUNTING SERVICES


Our broad range of services :

Accounting and Bookkeeping
Financial Planning and Analysis
Cash Flow Management
Tax services
Financial Modelling
Project Management
Strategy Analysis and Restructuration

Happy UAE National Day from all of us at Third Eye Consultancy.Congratulations to the leaders of the United Arab Emirate...
02/12/2022

Happy UAE National Day from all of us at Third Eye Consultancy.

Congratulations to the leaders of the United Arab Emirates for their great vision and leadership, as well as to the people of the country on this wonderful occasion.

May this year be filled with opportunities and prosperity.

The United Arab Emirates is introducing a new Corporate Tax regime for financial years beginning on or after 1 June 2023...
16/11/2022

The United Arab Emirates is introducing a new Corporate Tax regime for financial years beginning on or after 1 June 2023.

Taxable income will be the accounting net profit stated in the financial statements, with few exceptions and adjustments. Tax losses incurred after the effective date of the new regime may be carried forward up to a maximum of 75% of taxable income in each subsequent period.

Businesses across the UAE must ensure they are ready to comply with the new UAE CT.
The new regime will impact organisations' processes, systems, data and people.
Small businesses will be more affected by the changes as many need more resources to have a solid accounting process to track their financial data and deliver periodic financial statements.

Implementing the changes will require time and careful planning, so organisations must initiate an impact assessment. This analysis should start now so that specific measures and planning strategies can be implemented to comply with the upcoming corporate tax.

The companies must determine if they are subject to corporate tax and estimate any additional tax expenses.

New tax laws do not simply impose new tax costs on businesses; they also set new organisational and operational demands.

Third Eye Consultancy is here to help you prepare for the UAE CORPORATE TAX regime.
+971 54 462 5298
[email protected]

"Courage doesn't always roar. Sometimes courage is the little voice at the end of the day that says, 'I'll try again tom...
19/10/2022

"Courage doesn't always roar. Sometimes courage is the little voice at the end of the day that says, 'I'll try again tomorrow.'"
– Mary Anne Radmacher

OCTOBER is Pink. Third Eye Consultancy supports breast cancer awareness.

If you're running a business, you know how important it is to have a solid business plan. A business plan is a written d...
17/10/2022

If you're running a business, you know how important it is to have a solid business plan.

A business plan is a written document describing a business's goals and how it plans to achieve them.

Your business plan is your roadmap to success, so it's essential that you put together a well-thought-out and comprehensive document.

It is essential for all businesses, both new and established.

Here are five tips for an effective business plan:

1. Keep it concise and realistic,
2. Outline your goals and the strategies to reach those goals,
3. Conduct market research to have a grasp on your customers and to be one step ahead of your competitors,
4. Plan your finances for the next three to five years,
5. Update your business plan as your business grows and changes.

Contact us; we will assist you in writing a solid business plan to set your business up for success.
+971 54 462 5298
[email protected]

At Third Eye Consultancy, we understand SMEs' challenges when it comes to accounting and financial management. We offer ...
28/09/2022

At Third Eye Consultancy, we understand SMEs' challenges when it comes to accounting and financial management.

We offer various services to support SMEs, including bookkeeping, VAT preparation, and financial consulting.

Our goal is to help businesses grow and succeed by providing them with the tools and resources they need to make sound financial decisions.

Contact us to scale up to your next level of growth.

19/09/2022

Every business is unique, and so is financial management.

There is no one-size-fits-all approach when it comes to managing finances. Instead, each business needs to develop its process and system that works best for them.

There are a few key factors that you should keep in mind when adapting your financial management process:

1. The size of your business: small businesses have different financial needs than large businesses.

2. The industry you're in: different sectors have different financial challenges.

3. Your business model: your revenue and cost structure will impact your financial management process.

Remember these factors as you adapt your financial management process to fit your unique business. Doing so will ensure that your strategy is effective and efficient and that you make the best use of the resources you need to grow and succeed.

CONTACT US TO GET A FREE ASSESSMENT OF YOUR COMPANY'S FINANCIAL MANAGEMENT PROCESS

+971 54 462 5298
[email protected]
www.tecy-consultancy.com

If you're running a business, you must be aware of the effect inflation can have on your bottom line. Inflation can erod...
12/09/2022

If you're running a business, you must be aware of the effect inflation can have on your bottom line. Inflation can erode profits, increase costs and make it difficult to maintain financial stability.

You can do several things to help offset the effects of inflation and keep your business running smoothly.

1. Keep a close eye on your costs. Inflation can cause the cost of goods and services to increase, so it's essential to keep track of your expenses. Review your budget regularly and make adjustments as necessary.

2. Raise prices gradually. If you need to raise prices to offset the effects of inflation, do so gradually. If you raise prices too quickly, you risk losing customers.

3. Use efficient accounting practices. Use accurate accounting methods and keep good records of all transactions. Inflation can complicate your financial records and make it difficult to track your profits accurately.

4. Review your financing options. Inflation can affect your ability to secure financing. Review your options and make sure you are getting the best possible terms.

5. Stay flexible. Inflation can create much uncertainty, so it's essential to be flexible in your planning. Be prepared to adjust your plans as inflation rates change.

Contact us; we will assist you in your financial processes and keep your business running smoothly.
+971 54 462 5298
[email protected]

Whether you are a start-up or an established business, having accurate accounting and financial statements is fundamenta...
02/09/2022

Whether you are a start-up or an established business, having accurate accounting and financial statements is fundamental, as they work together to ensure profitability.

Contact us if you need assistance with your financial processes and learn about our remote management accounting services and available packages.

We wish you and your loved ones a blessed Eid Al Adha, full of joy, success and prosperity.
09/07/2022

We wish you and your loved ones a blessed Eid Al Adha, full of joy, success and prosperity.

Contact us now for a free 30 min call.We would love to learn more about your business status, strategic and accounting n...
09/07/2022

Contact us now for a free 30 min call.
We would love to learn more about your business status, strategic and accounting needs and how Third Eye Consultancy can best assist you

Welcome to Third Eye Consultancy!We are a UAE-registered consulting firm providing strategic management and accounting s...
09/07/2022

Welcome to Third Eye Consultancy!

We are a UAE-registered consulting firm providing strategic management and accounting services.

Our services are designed for SMEs, Start-up and Family Businesses in the UAE.

Contact us now for a free 30 min call.
We would love to learn more about your business status, need and how Third Eye Consultancy can best assist you

Address

Al Sufouh
Dubai

Opening Hours

Monday 09:00 - 06:00
Tuesday 09:00 - 06:00
Wednesday 09:00 - 06:00
Thursday 09:00 - 06:00
Friday 09:00 - 06:00

Telephone

+971544625298

Website

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