Skip to content

Chatered Accountants & CertifiedTax Advisors

Accounting & Audit Services

Abrahim and Co

Delivers premier accounting, bookkeeping, and audit services, tailoring its expertise to meet the distinct financial regulations of the United Kingdom, the United Arab Emirates, and Pakistan.

With a commitment to precision and compliance, the firm serves as a trusted partner for businesses navigating diverse international financial landscapes.

bk

Audit & Assurance

  • Financial statement audits
  • Internal audits
  • Compliance audits
  • Due diligence services
  • Sustainability audits
  • Audit Assistance
mr2

Business Advisory

  • Financial Consulting and planning
  • Risk Management
  • Strategic analysis, and performance improvement
  • Software planning & Implementation
  • Business restructuring

Taxation Services

Abrahim and Co

Specializes in providing comprehensive taxation services tailored to the unique regulatory environments of the United Kingdom, the United Arab Emirates, and Pakistan.

With expertise in tax planning, compliance, and advisory, the firm ensures clients navigate the intricacies of each jurisdiction seamlessly, optimizing their financial positions.

UK TAX SERVICES
UAE TAX SERVICES
PAKISTAN TAX SERVICES

United Kingdom (UK)

Personal Tax Services:

  • Assistance with personal income tax returns for individuals.
  • Advice on tax planning to minimize liabilities.
  • Inheritance tax planning.
  • Capital gains tax calculations and planning.

Corporate Tax Services:

  • Preparation and filing of corporate tax returns.
  • Advice on tax-efficient business structures.
  • Corporate tax planning to optimize reliefs and allowances.
  • Compliance with Making Tax Digital (MTD) regulations.

VAT Services:

  • VAT registration and deregistration assistance.
  • Preparation and submission of VAT returns.
  • VAT compliance and advice on complex transactions.

Employment Tax Services (PAYE):

  • Payroll services, including PAYE (Pay As You Earn) compliance.
  • Advice on employee benefits and expenses.
  • Compliance with National Insurance contributions.

Construction Industry Scheme (CIS):

  • CIS Registration, Varifcation & Compliances.
  • Deduction, Payment and submision to HMRC
  • Annual reporting and refund

United Arab Emirates (UAE)

Personal Tax in UAE:

There is currently no personal income tax in the United Arab Emirates. As such, there are no individual tax registration or reporting obligations.

Value Added Tax (VAT):

  • VAT Registration
  • VAT Compliance
  • VAT Return Filing
  • VAT Planning
  • Reverse charge mechanism
  • VAT Refund Services
  • VAT Dispute Resolution
  • Updates on VAT Legislation
  • VAT De-Registration

Corporation tax in UAE:

All the businesses whose taxable profit is more than 375,000 AED fall under the purview of corporate tax.

  • Registration for corporate tax
  • CT advise and planning
  • Preparation and filing to FTA
  • Carry forward & carry back losses
  • Deferred tax and tax adjustments
  • Dispute resolution with FTA

Customs & Duty:

  • The UAE applies customs duty rates to various goods based on the type of goods, their origin, and other factors.
  • Duty rates can vary, and certain goods may be exempt from customs duties.
  • Certain goods may be prohibited or restricted from importation into the UAE.
  • It’s important to be aware of any restrictions on specific items and comply with regulations to avoid legal consequences.

Pakistan

Income Tax:

  • Individuals and businesses are subject to income tax in Pakistan.
  • Income tax rates for individuals vary based on income slabs.
  • Corporate income tax is imposed on the income of companies at different rates depending on the type of entity.

Sales Tax:

  • Sales tax is levied on the sale of goods and services.
  • The Federal Board of Revenue (FBR) oversees the sales tax regime at the federal level.
  • Each province in Pakistan may also have its own sales tax on services.

Federal Excise Duty (FED):

  • FED is a federal tax imposed on specific goods and services.
  • It is typically applied at the manufacturing or import stage.
  • Goods subject to FED include cigarettes, beverages, and certain services.

Capital Gains & Property Tax:

  • Capital gains tax is applicable on the sale of certain assets, including real estate and securities.
  • The rates may differ for short-term and long-term gains.
  • Property tax is levied on the ownership of immovable property.
  • Rates and regulations may vary among provinces.

Withholding & Advance Taxes:

  • Withholding taxes are deducted at the source of income, such as on salaries, dividends, and payments to non-residents.
  • Various rates and thresholds apply depending on the nature of the payment.
  • Advance tax is collected in advance on certain transactions, including banking transactions and services.

"Unlock Your Financial Potential with Abrahim & Co

“Expert Accounting and Audit Services Tailored for Success in the UK, UAE, and Pakistan.”