Mi Capital
Mi CAPITAL comprises of a team of experts who work together to serve clients on a broad range of Investment Banking and Corporate Finance issues and structured solutions.
Phone: +97145655163/64
#406, Level 4, Citadel Tower, Al Abraj Street, Business Bay
Dubai, Dubai 80676

#406, Level 4, Citadel Tower,
Al Abraj Street, Business Bay

We Help Businesses
Innovate & Grow.

VAT & Accounting

The UAE Government has introduced ‘Value Added Tax’ (VAT) with effect from January 1, 2018. As this is a major reform, Businesses need to be well acquainted with its impact on their transactions because this is not merely an introduction of a new tax regime but business systemization. The introduction of VAT will impact all business functions inter alia including Supply Chain, Systems and Procedures, Financial Planning & Pricing, Information Technology & ERP Updating, Realignment of Contracts etc. Therefore, it is imperative that the businesses gear up for the challenge and take crucial steps for effective implementation of VAT and consequent VAT compliances so that there is no disruption in the business. Our tax specialists will help you to fulfil compliances through the following solutions:

A.1. VAT Advisory

  • Advising on day to day queries such as applicability and interpretations of provision of the law, including providing Opinions.

A.2. VAT Compliance

  • VAT Registration and Deregistration support
  • Review of existing business transactions and highlighting VAT impact
  • Assistance in transition to VAT regime
  • Undertaking routine VAT compliance effectively to ensure quality
  • Advising on day to day queries such as applicability and interpretations of provision, including providing Opinions


B: Smart accounting and bookkeeping enable you to look back at your historical records and analyze the progress and expansion of your business, thus facilitating proactive strategies for future growth. We provide part time and periodic accounting and accounting supervision services by qualified and professional accountants. We also offer a full range of accounting services to support your own in-house accountant, bookkeeper or computer accounting system. If you do not have these resources, we can outsource accounting professionals. This helps you avoid adding to your permanent payroll. We can tailor our accounting and book-keeping services to your individual requirements, but in essence they typically include following solutions:

  • Accounting and Book keeping
  • Accounts Supervision
  • Reconciling Bank Position
  • Accounts payables/receivables reporting
  • Payroll with WPS System
  • Preparation and mapping of chart of accounts
  • Getting Audit finalized

Above services can be offered in below modes:

B.1. Inhouse  Accounting: Inhouse accounting is maintained at client office. Professionals visit client office and cater to all there accounting needs in the accounting software maintained by the client.

B.2. Remote Accounting: Remote Accounting is maintained in our office. Professional record all the date received from the client and send the details to client on monthly frequency.