UAE

Our CA Services for UAE

Corporate Tax

Value Added Tax

Book-Keeping

Incorporation Services

Advisory Services

FAQ

How to set up company in india. Please guide me what to do?

A Private Limited Company is ideal for startups seeking investment and limited liability. A Public Limited Company is suitable for large businesses planning IPO. A Limited Liability Partnership (LLP) combines partnership flexibility with limited liability. A One Person Company (OPC) allows single promoters to operate with corporate status. A Partnership Firm is easy to form but has unlimited liability. A Sole Proprietorship is simple and best for small businesses but has no separate legal identity.

I want to set up company in AUE. Please guide me what to do?

To set up a company in the UAE, first decide the business activity (trading, services, consultancy, etc.). Choose the right jurisdiction: Mainland (under Department of Economic Development), Free Zone (like DMCC), or Offshore. Select a trade name and obtain initial approval. Prepare MOA, passport copies, and lease agreement (Ejari for Mainland). Apply for license (Commercial/Professional/Industrial). After license issuance, open a corporate bank account and register for VAT (if turnover exceeds AED 375,000) under Federal Tax Authority. Finally, apply for establishment card and residence visas. Proper planning of tax and compliance is very important.

In UAE, I want to register under Corporate Tax VAT and other Business Licenses along with VISA . Please guide me?

In the UAE, business setup involves four key registrations:

Company Formation – Choose Mainland, Free Zone, or Offshore. Register with the relevant authority (e.g., Department of Economic Development for Mainland or respective Free Zone authority). Obtain Trade License.
Corporate Tax Registration – Register with Federal Tax Authority (FTA) after license issuance. Mandatory for all taxable persons under UAE Corporate Tax Law.
VAT Registration – Required if turnover exceeds AED 375,000 (mandatory) or voluntary above AED 187,500.
Visa Processing – Apply for Establishment Card, Immigration Card, Emirates ID, Medical Test, and Residence Visa.
Other Licenses – Depending on activity (e.g., municipality, food, import/export approvals).

What is the tax process for NRI in india . Please guide me what to do?

For an NRI, taxability in India is governed by the Income Tax Act, 1961 and depends on residential status. If you qualify as Non-Resident (stay in India less than prescribed days), only income earned or received in India is taxable—such as salary in India, rent, capital gains on property, or interest from Indian investments. NRE account interest is generally exempt, while NRO interest is taxable. TDS is usually deducted at higher rates. You must obtain PAN, check DTAA benefits between India and your resident country, compute total income, and file Income Tax Return (ITR) if income exceeds the basic exemption limit.

I have sold the property and what is tax provision . Please guide me what to do?

If you have sold a property in India, tax is calculated under the Income Tax Act, 1961 as Capital Gains Tax. First, check whether it is Short-Term Capital Gain (STCG) (held ≤ 24 months for immovable property) or Long-Term Capital Gain (LTCG) (held > 24 months).STCG is taxed as per your normal income slab. LTCG is generally taxed at 20% with indexation benefit. You can claim exemption under Sections 54, 54F, or 54EC by reinvesting in residential property or specified bonds.You should calculate gain, pay advance/self-assessment tax (if applicable), and report it in your Income Tax Return for the relevant assessment year. Consult a CA for accurate computation.

Purchased the property and what is tax provision for resident and NRI . Please guide me what to do?

Under the Income Tax Act, 1961, tax provisions on purchase of property in India differ for Resident and NRI sellers (buyer’s responsibility):If you purchase from a Resident, TDS @1% is deducted under Section 194-IA if property value exceeds ₹50 lakhs. Deposit TDS using Form 26QB and issue Form 16B.If you purchase from an NRI, TDS is higher—20% (plus surcharge & cess) on long-term capital gains or as applicable under Section 195 on total sale value, unless lower certificate obtained.Ensure PAN, stamp value compliance (Sec 56(2)(x)), and proper documentation. Consult a CA before payment to avoid penalties.

What is virtual CFO and how can it help my business . Please guide me what to do?

A Virtual CFO (Chief Financial Officer) is an outsourced financial expert who provides strategic financial guidance without being a full-time employee. Unlike a traditional CFO, a virtual CFO works remotely and part-time, making it cost-effective for startups and MSMEs.A virtual CFO helps your business by managing cash flow, budgeting, financial planning, compliance, tax planning, MIS reporting, and profit improvement strategies. They also assist in fundraising, bank loans, and investor presentations.To get started, first assess your business financial gaps, then hire an experienced CA or financial consultant, define clear goals, and review monthly financial reports regularly to improve growth and profitability.

I can not afford full time accountant and how can ca firm help my business . Please guide me what to do?

If you cannot afford a full-time accountant, hiring a CA firm is a smart and cost-effective option. A Chartered Accountant firm can provide part-time or virtual accounting services at a lower cost. They can handle bookkeeping, GST returns, income tax filing, ROC compliances, payroll, TDS, and financial statements. They also give tax planning advice to reduce unnecessary tax liability and improve cash flow. Instead of paying a fixed monthly salary, you pay only for required services. This helps you stay compliant with laws, avoid penalties, and focus on growing your business while experts manage your financial and legal responsibilities professionally.

I want to start online business on amazone flipkart etc and how can ca firm help my business . Please guide me what to do?

Starting an online business on Amazon and Flipkart requires proper planning, registration, and compliance. First, choose a business structure (Proprietorship, LLP, or Pvt Ltd), obtain GST registration, open a current bank account, and register as a seller on Amazon India and Flipkart. Select profitable products, manage inventory, pricing, and logistics.A CA firm can help with business registration, GST registration and returns, TDS compliance, bookkeeping, profit analysis, tax planning, and handling notices. They ensure proper invoicing, input tax credit optimization, and financial management. With professional compliance support, you can focus on sales, branding, and scaling your online business successfully.

We have high growing business now we want to list our company in SME IPO and how can ca firm help my business?

If your business is growing fast, listing on an SME platform like BSE SME or NSE EMERGE can raise capital and improve credibility. First, ensure your company is a public limited company with strong financials, proper governance, and compliance history.A CA firm plays a key role by preparing audited financial statements, restating accounts as per SEBI regulations, conducting due diligence, improving internal controls, tax planning, and coordinating with merchant bankers. They also assist in drafting the DRHP, valuation support, and ensuring ROC and tax compliances.Proper planning, transparency, and professional advisory support are essential before applying for SME IPO listing.

Get in Touch

Head Office : Office No 92, First Floor, D Wing, Elco Arcade CHS,46 Hill Road, Bandra West, Mumbai-400050
9076810185
mumbai@igskca.com

Scroll to Top