Monthly Tax insights and updates – March 2023

April 12, 2023

HLB HAMT - Accounting Firm in UAE

Phone:- +971 4 327 7775
WhatsApp:- +971 56 219 1607
Email:- dubai@hlbhamt.com

    Schedule a Consultation






    The month of March saw many regulation changes that businesses need to be aware of. From the news on GCC regions to updates in compliance regulations, HLB HAMT’s tax and compliance experts have got you covered.

    Public Consultation Document Issued For UAE Corporate Tax

     

     

    Would you like to rate us on Google?         

     

    Varun R Chandra
    Varun R Chandra
    07:38 25 Apr 21
    HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
    Giuseppe Assi
    Giuseppe Assi
    06:20 31 Jan 21
    I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
    Mohamed Sheriff
    Mohamed Sheriff
    16:16 28 Jun 20
    Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
    218141 JOSEPH THOMAS
    218141 JOSEPH THOMAS
    16:20 23 Jun 20
    Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
    PMI
    PMI
    07:14 23 Jun 20
    In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
    RAVI CHOKSI
    RAVI CHOKSI
    08:28 21 Jun 20
    Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
    Maharajan Subramaniam
    Maharajan Subramaniam
    18:17 06 Jun 20
    High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
    Mohammed L
    Mohammed L
    08:07 05 Jun 20
    We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
    ROY ROSHAN VIVIAN
    ROY ROSHAN VIVIAN
    06:32 04 Jun 20
    Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
    Basil Daniells
    Basil Daniells
    05:55 03 Jun 20
    I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
    Amar Kashyap
    Amar Kashyap
    19:28 02 Jun 20
    Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
    Radz de Jesus
    Radz de Jesus
    16:03 02 Jun 20
    We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
    Next Reviews
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    Benefits of Outsourcing Accounting Services for Your Business in UAE

    Vimal Kutty

    image

    HLB HAMT - Accounting Firm in UAE

    Phone:- +971 4 327 7775
    Mobile:- +971 56 147 0259
    WhatsApp:- +971 56 219 1607
    Email:- dubai@hlbhamt.com

      Schedule a Consultation






      The landscape of finance and accounting has undergone significant changes in recent years due to the adoption of technology, globalization, and evolving regulations. As a result, traditional roles of finance and accounting professionals have shifted, and new skills and knowledge are required to succeed in the dynamic business environment of today.

      • Technology Adoption – The widespread adoption of technology has automated many repetitive tasks and enabled finance professionals to focus on strategic tasks such as data analysis, risk management, and business planning.
      • Globalization – Another significant trend is the globalization of finance and accounting, which requires a deep understanding of local regulations, tax laws, cultural differences, and seamless collaboration with colleagues from different countries and time zones.
      • Regulatory Compliance – Regulatory compliance is also crucial, and finance and accounting professionals must navigate a complex web of regulations, including the Sarbanes-Oxley Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act.

      Benefits of Outsourcing Accounting Services

      Companies can choose to outsource all or part of their accounting tasks, depending on their needs and budget. Outsourcing accounting services in UAE provides several benefits, including cost savings, improved accuracy and consistency, access to the latest accounting software and technology, and more time and resources to focus on core business activities. Outsourcing accounting tasks and responsibilities to reputable firms like HLB HAMT can offer numerous benefits for businesses operating in the UAE.

      • Cost SavingsOutsourcing accounting services can significantly reduce costs associated with hiring and training full-time employees, providing employee benefits and maintaining office space and equipment.
      • Increased EfficiencyProfessional accounting firms have specialized expertise and software to streamline processes and reduce errors, resulting in increased efficiency and accuracy.
      • Access to ExpertiseOutsourcing accounting allows businesses to access the expertise of professionals who have experience dealing with complex accounting issues and can provide valuable insights.
      • ScalabilityOutsourced accounting services can be scaled up or down as per the business requirements.
      • Focus on Core ActivitiesBy outsourcing accounting functions, businesses can free up valuable time and resources to focus on core activities that drive growth and profitability.
      • Improved ComplianceProfessional accounting firms ensure compliance with all regulatory requirements and help businesses stay up to date with changes in tax laws and regulations.

      Conclusion

      Finance and accounting workers must adapt and pick up new skills and information if they want to succeed in this dynamic climate. Accounting service outsourcing is an excellent strategy that can assist companies in lowering costs, improving productivity, gaining access to specialized knowledge, scaling their operations, and concentrating on their core competencies. Businesses can make sure their financial management procedures are successful, efficient, and in compliance with regional laws and regulations by working with reputable accounting companies like HLB HAMT.

       

       

       

      Would you like to rate us on Google?         

       

      Varun R Chandra
      Varun R Chandra
      07:38 25 Apr 21
      HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
      Giuseppe Assi
      Giuseppe Assi
      06:20 31 Jan 21
      I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
      Mohamed Sheriff
      Mohamed Sheriff
      16:16 28 Jun 20
      Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
      218141 JOSEPH THOMAS
      218141 JOSEPH THOMAS
      16:20 23 Jun 20
      Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
      PMI
      PMI
      07:14 23 Jun 20
      In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
      RAVI CHOKSI
      RAVI CHOKSI
      08:28 21 Jun 20
      Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
      Maharajan Subramaniam
      Maharajan Subramaniam
      18:17 06 Jun 20
      High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
      Mohammed L
      Mohammed L
      08:07 05 Jun 20
      We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
      ROY ROSHAN VIVIAN
      ROY ROSHAN VIVIAN
      06:32 04 Jun 20
      Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
      Basil Daniells
      Basil Daniells
      05:55 03 Jun 20
      I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
      Amar Kashyap
      Amar Kashyap
      19:28 02 Jun 20
      Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
      Radz de Jesus
      Radz de Jesus
      16:03 02 Jun 20
      We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
      Next Reviews
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      How Analytics in the finance and accounting industry assist small and medium-sized businesses?

      Sumesh Krishna, Partner

      image

      HLB HAMT - Accounting Firm in UAE

      Phone:- +971 4 327 7775
      Mobile:- +971 50 749 0576
      WhatsApp:- +971 56 219 1607
      Email:- dubai@hlbhamt.com

        Schedule a Consultation






        Accounting and financial professionals have long used analytics in their work. Since the 1980s, several financial teams have utilized data to report on trends and past performance. Today’s organizations must utilize data to make informed decisions, enhance efficiency, save costs, and reduce risk. Analytics add significant value and aid in solving business challenges, playing a critical part in corporate success.

        Analytics in finance and accountancy

        • Organizations increasingly rely on more predictive and prescriptive analytics to look ahead across various measures. Finance and accounting professionals must understand this and guarantee that they have the relevant skills.
        • Finance and accounting analytics can be used in risk management, fraud detection, financial forecasting, budgeting, and performance monitoring.
        • Data analytics, for example, may assist banks and financial organizations in identifying possible credit risks and predict the possibility of default based on previous financial data.
        • Financial statement irregularities that point to fraud or mistakes get identified using analytics. Data analysis tools may also assist accountants in recognizing trends in economic performance and improving resource allocation and budgeting decisions.

        Overall, analytics in accounting and finance may give firms valuable information and help them make data-driven decisions to reach their financial objectives.

        Analytics in finance and accountancy for small and medium-sized businesses

        Accessing your company’s financial health and maintaining competitiveness depends on having up-to-date, accurate financial records and reports. To enhance a company’s business performance, you need to relay financial analytics, which offers both high- and granular-level views of its financial data.

        • Predictive, data-driven insights support your team throughout the process by comprehending and analyzing previous performances, forecasting future performance strategies, and outlining actions to follow to make better-assured decisions.
        • The most potent Cloud-based analytics solutions available to large organizations are now available to SMEs. This includes Microsoft Power BI for complex modelling, as well as machine learning using Azure Cloud services and the Salesforce and Tableau analytics platform. It has become increasingly essential for SMBs to respond as SMEs experiment with technology, become data literate, and even develop SME analytics solutions better suited to small businesses than commercial enterprise analytics. At COVID-19, SMBs no longer had to impress members of the practice or clients with the value of analytics in information generation.
        • While the pandemic accelerated the use of analytics by SMBs for SMEs, they also acquired an appreciation of analytics in finance.

        Things/Suggestions that support SMEs and help them gain familiarity with analytics

        • Ensure you have a strong chart of accounts with few clear expense lines and different jobs within accounting tools such as Xero, MYOB, or QuickBooks, and utilize an appropriate tool for each project.
        • The next step is to extract the transactions and data from the accounts. Data Dear assists with the extraction of data into Excel and report generation utilizing pivot tables for quick analysis.
        • With knowledge of the accounting data, cash flow forecasting and scenario planning are possible with Float, which delivers an automatic two-year forecast and scenarios based on the present cash flow status. The Scenarios may include the loss of a significant client, late payments, or new hiring.
        • The utilization of financial prediction software “Futrli’s Predict”. This software functions like a GPS, which automatically pulls all financial data from the Cloud accounting system and delivers a precise cash flow forecast (e.g., the future business position inclusive of cash, sales, expenditure, profit, and tax).

        Role Of Analytics in Finance and Accountancy

        • Financial Forecasting and Planning:

          Small and medium-sized businesses (SMBs) may utilize analytics tools to estimate future income and spending, create financial strategies, and find cost-cutting possibilities.

        • Cash Flow Management:

          SMBs may better manage their cash flow and ensure they always have adequate cash by reviewing cash flow statements and utilizing predictive analytics.

        • Risk Management:

          Small and medium-sized businesses (SMBs) may utilize analytics to detect and manage financial issues such as credit and market risks.

        • Budgeting and Performance Analysis:

          Small and medium-sized businesses (SMBs) can employ data analytics to evaluate actual financial performance to budgeted expectations. This can allow them to identify areas for improvement and make more intelligent budgeting decisions in the future.

        • Bookkeeping Automation:

          By automating regular accounting operations, SMBs, and practices may spend less time on manual bookkeeping and more time on higher-value activities (Purchase and procurement data entries, bank reconciliations, etc.).

        • Fraud Detection and Prevention:

          By intensely analyzing financial data, practices may spot possible fraud and implement measures to prevent it.

        • Audit Analytics:

          Data analytics do better and more effective audits, detect risks and errors, and assure compliance.

        • Compliance Risk Management:

          Using analytics to identify areas where the firm may be non-compliant and provide ways to implement remedial measures can assist in reducing the risk of non-compliance.

        Wrapping up

        As organizations increasingly focus on the 3Ps (people, profit, and purpose) in creating their strategy, assessing various performance targets become critical. The broader predictive and prescriptive analytics to look forward across this more significant range of metrics is becoming increasingly important for organizations. Finance and accounting professionals must understand this and ensure they have the necessary skills.

        • We must recognize that the data we need to operate with comes from several sources. It might be structured or unstructured data like video, audio, text, or email. Any information that helps us analyze organizational performance and customer behaviour. Financial professionals must take an active part in data governance and data accuracy.
        • Machine learning algorithms applied to data sources can provide insights into the future. Yet, we must ensure that; we can comprehend the narrative presented.
          In short, by harnessing data to deliver necessary insights, analytics may help SMBs and practices in finance and accounting become more efficient, make better-informed decisions, and reduce risk. SMBs can obtain a competitive advantage and boost their bottom line by implementing data analytics approaches.

        HLB HAMT to Assist!

        With numerous changes in rules and technologies, the auditing sector is undergoing rapid transformation. HLB HAMT seeks and provides high-quality audit and advisory services, with technology at the core of its operations, such as Data Analytics, RPA, and Business intelligence dashboards. Our service focuses on the customer’s risk aspects, and we work as a team with our employees and the client to provide quality services at a low cost.

         

         

        Would you like to rate us on Google?         

         

        Varun R Chandra
        Varun R Chandra
        07:38 25 Apr 21
        HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
        Giuseppe Assi
        Giuseppe Assi
        06:20 31 Jan 21
        I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
        Mohamed Sheriff
        Mohamed Sheriff
        16:16 28 Jun 20
        Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
        218141 JOSEPH THOMAS
        218141 JOSEPH THOMAS
        16:20 23 Jun 20
        Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
        PMI
        PMI
        07:14 23 Jun 20
        In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
        RAVI CHOKSI
        RAVI CHOKSI
        08:28 21 Jun 20
        Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
        Maharajan Subramaniam
        Maharajan Subramaniam
        18:17 06 Jun 20
        High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
        Mohammed L
        Mohammed L
        08:07 05 Jun 20
        We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
        ROY ROSHAN VIVIAN
        ROY ROSHAN VIVIAN
        06:32 04 Jun 20
        Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
        Basil Daniells
        Basil Daniells
        05:55 03 Jun 20
        I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
        Amar Kashyap
        Amar Kashyap
        19:28 02 Jun 20
        Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
        Radz de Jesus
        Radz de Jesus
        16:03 02 Jun 20
        We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
        Next Reviews
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        Emiratisation Law in UAE

        HLB UAE Payroll Team

        image

        HLB HAMT - Accounting Firm in UAE

        Phone:- +971 4 327 7775
        Mobile:- +971 55 971 5959
        WhatsApp:- +971 56 219 1607
        Email:- dubai@hlbhamt.com

          Schedule a Consultation






          Throughout the last decade, the United Arab Emirates (UAE) has made efforts to boost the proportion of Emirati people working in the nation’s workforce. The goal of the government-led Emiratisation effort is to provide possibilities for Emirati citizens to contribute to the economy. The strategy makes use of a number of rewards, subsidies, and penalties to accomplish this. Businesses who hire Emiratis will get subsidies, while those that do not adhere to the Emiratisation plan will pay fines.

          The New Emiratisation Standards in UAE

          In the United Arab Emirates (UAE), a new Emiratisation plan has been implemented to address the employment gap between Emirati and foreign workers. All employers who fall within the purview of the Ministry of Human Resources and Emiratization are subject to the new Emiratisation criteria.

          Businesses outside of free zones with 50 skilled employees or more are required to have a minimum of 2 percent of their workforce in the country must be Emiratis by January 2023. After every year till 2026, the target percentage increases by 2%, requiring that 4 percent of the workforce consist of Emiratis by 2024. In 2025, the target percentage increases to 6 percent, in 2026 to 8 percent, and by 2027 January , the required percentage of Emiratis at companies is 10 percent.

          To break it down further, for establishments with 50 skilled workers, only one national employee is required. For those with 51 to 100 skilled workers, two national employees are required. For establishments with 101 to 150 skilled workers, the minimum target for recruitment of national employees increases to three. Finally, for establishments with 151 workers or more, one national employee is required for every 50 workers or less.

          What is the Impact on Emiratisation in UAE businesses?

          Companies that fall under the jurisdiction of Ministry of Human Resources & Emiratization (MOHRE) have to compulsorily follow the new Emiratisation laws. At least 2% of a private company’s workforce are to be Emirati, on the provision that they have at least 50 members of staff on their payroll.

          What are the penalties for not following the 2% Emiratisation law?

          Starting January 1, 2023, companies who fail to comply with the Emiratisation targets will have to pay hefty fines as stated below:

          • A fine of Dh6,000 per month for each UAE national who is not employed.
          • A minimum fine of Dh20,000 and a maximum fine of Dh100,000 may be applicable, if:
            • After acquiring a work permit, a company does not hire a UAE national but still receives support from Nafis.
            • Employees benefitting from this program exhibit a lack of dedication to their jobs, and if the company neglects to inform Nafis.
            • Employees benefitting from the programme fails to come to work and the company fails to notify this to Nafis.
            • If the company terminates an employee’s benefits without providing a legitimate explanation and without notifying Nafis.
            • If the company refuses to hire a UAE national after they complete their training, without providing a legitimate explanation.

          Does Emiratisation applicable to Free zone?

          Emiratisation law applies to main land companies across UAE. Therefore companies based in  free zones are exempted from Emiratisation rules.

          What does ‘skilled workers’ mean in Emiratisation program?

          Skilled workers’ as an employee who fulfils any of the following qualifications:

          • To have a certificate higher than the secondary or equivalent to secondary;
          • To have a worker certificate that has to be attested by a competent authority;
          • To have a salary which is no less than AED 4,000 per month;
          • To be under one of the following categories:
            • Legislators, business executives and managers;
            • Writing professionals.
            • Professionals in technical, scientific, and human fields.
            • Technicians in technical, scientific, and humanitarian fields.
            • Service and sales occupations.

          How companies will be monitored in Emiratisation program for compliance?

          As per MoHRE guideline the requirements are:

          • UAE national must possess a valid work permit.
          • Salaries shall be paid through the Wages Protection System
          • Must be registered with one of the approved pension funds in the country.
          • The relationship between the Emirati and the establishment shall be a contractual one.

          How HLB HAMT can help with Emiratisation to Promote EOR Services?

          Talent acquisition is a critical component of the Emiratisation initiative. Companies that are successful in attracting and retaining Emirati talent will be more likely to meet their Emiratisation targets and avoid the new fines. However, there are challenges in recruiting and retaining Emirati talent, including a lack of qualified candidates and competition from other employers.

          Businesses must collaborate with universities and fund training and development initiatives in order to address these challenges. The creation of a varied and friendly workplace is another essential component in luring Emirati employees. Employers who provide flexible work hours, chances for professional growth, and competitive pay packages are more likely to attract Emirati job seekers.

          Conclusion

          Emiratization presents both challenges and opportunities for employers in the UAE. The new Emiratisation plan is a significant step towards addressing the employment gap between Emirati and foreign workers in the UAE. While it may pose challenges for some companies, it is an opportunity for others to diversify their workforce and promote a more inclusive and equitable work environment. Companies that prioritize Emiratisation and invest in their employees’ development will not only comply with the Emiratisation plan but also position themselves for long-term growth and success.

           

           

          Would you like to rate us on Google?         

           

          Varun R Chandra
          Varun R Chandra
          07:38 25 Apr 21
          HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
          Giuseppe Assi
          Giuseppe Assi
          06:20 31 Jan 21
          I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
          Mohamed Sheriff
          Mohamed Sheriff
          16:16 28 Jun 20
          Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
          218141 JOSEPH THOMAS
          218141 JOSEPH THOMAS
          16:20 23 Jun 20
          Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
          PMI
          PMI
          07:14 23 Jun 20
          In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
          RAVI CHOKSI
          RAVI CHOKSI
          08:28 21 Jun 20
          Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
          Maharajan Subramaniam
          Maharajan Subramaniam
          18:17 06 Jun 20
          High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
          Mohammed L
          Mohammed L
          08:07 05 Jun 20
          We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
          ROY ROSHAN VIVIAN
          ROY ROSHAN VIVIAN
          06:32 04 Jun 20
          Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
          Basil Daniells
          Basil Daniells
          05:55 03 Jun 20
          I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
          Amar Kashyap
          Amar Kashyap
          19:28 02 Jun 20
          Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
          Radz de Jesus
          Radz de Jesus
          16:03 02 Jun 20
          We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
          Next Reviews
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          MoF Issues New Ministerial Decision to Streamline Tax Residency Certificates

          Lavin Nalinababu

          image

          HLB HAMT - Accounting Firm in UAE

          Phone:- +971 4 327 7775
          Mobile:- +971 55 160 1291
          WhatsApp:- +971 56 219 1607
          Email:- dubai@hlbhamt.com

            Schedule a Consultation






            The enforcement of certain provisions of Cabinet Decision No. 85 of 2022 on the determination of tax residency has been announced in Ministerial Decision No. 27 of 2023 by the Ministry of Finance (MoF). On March 1, 2023, this decision was published in the Official Gazette and entered into force.

            The Ministerial Decision aims to clarify and offer direction on the application of the Cabinet Decision, which was released last year, regarding the policies and processes for establishing tax residency status for both individuals and companies in the UAE.

            The Federal Tax Authority’s website can now be used to instantly issue a UAE tax residency certificate, making the procedure quicker and more convenient for filers.

            The Decision further states that when deciding whether the 183-day or 90-day thresholds have been reached, all days or parts of days on which a person is physically present in the UAE will be taken into account. Additionally, the Decision states that a person need not own their “permanent place of residence,” but such place must be continuously available to them.

            The decision additionally defines the standards and prerequisites that individuals and companies must satisfy in order to receive the tax residency licence. The prerequisites include having a legal residency permit, staying in the UAE for a predetermined number of days, and meeting any additional requirements outlined in the Cabinet Decision.

            The new Ministerial Decision from the MoF is an important step towards improving and harmonising the UAE’s tax residency system with global norms. For individuals and businesses working in the UAE, it offers the clarity and openness necessary to determine tax residency.

            HLB HAMT can assist individuals and businesses in complying with the regulations as well as applying for a tax residency certificate as outlined in Ministerial Decision No. 27 of 2023.

             

             

            Would you like to rate us on Google?         

             

            Varun R Chandra
            Varun R Chandra
            07:38 25 Apr 21
            HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
            Giuseppe Assi
            Giuseppe Assi
            06:20 31 Jan 21
            I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
            Mohamed Sheriff
            Mohamed Sheriff
            16:16 28 Jun 20
            Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
            218141 JOSEPH THOMAS
            218141 JOSEPH THOMAS
            16:20 23 Jun 20
            Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
            PMI
            PMI
            07:14 23 Jun 20
            In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
            RAVI CHOKSI
            RAVI CHOKSI
            08:28 21 Jun 20
            Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
            Maharajan Subramaniam
            Maharajan Subramaniam
            18:17 06 Jun 20
            High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
            Mohammed L
            Mohammed L
            08:07 05 Jun 20
            We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
            ROY ROSHAN VIVIAN
            ROY ROSHAN VIVIAN
            06:32 04 Jun 20
            Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
            Basil Daniells
            Basil Daniells
            05:55 03 Jun 20
            I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
            Amar Kashyap
            Amar Kashyap
            19:28 02 Jun 20
            Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
            Radz de Jesus
            Radz de Jesus
            16:03 02 Jun 20
            We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
            Next Reviews
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            How to keep your business on track: The Ultimate Accounting Checklists

            Vimal Kutty

            image

            HLB HAMT - Accounting Firm in UAE

            Phone:- +971 4 327 7775
            Mobile:- +971 56 147 0259
            WhatsApp:- +971 56 219 1607
            Email:- dubai@hlbhamt.com

              Schedule a Consultation






              Do you struggle to keep up with your accounting responsibilities as a business owner? At the conclusion of each month, do you find yourself buried under a pile of receipts and financial data?

              If so, the answer you have been searching for is to create a schedule for your accounting duties. You can make sure that your financial documents are correct, current, and reliable by adhering to a regular routine. This can avoid costly errors, minimize negative effects on your company, and promote business expansion. In this blog post, we’ll outline the essential accounting tasks that you should perform on a daily, weekly, and monthly basis.

              A. Tasks for Daily Accounting

              • Adjust the Cash and Receipts

                Reconcile currency and receipts at the conclusion of each day to swiftly identify cash shortages. You can track down where the money went and spot mistakes or fraud using this method.

              • Analyze and reconcile the transactions

                Your bank connection and your accounting software should sync on a daily basis. You won’t need to wait for your weekly bank account because of this. Spend some time each day on this task to review and approve the recommended matches to eliminate a grueling month-end chore.

              • Update and Refresh Your Financial Information

                It’s necessary to daily sync your accounting software with your bank and credit card data, as well as your POS system, to have an up-to-date view of your accounts. This process makes it easier to spot discrepancies with recent transactions.

              • Record and classify your expenses

                There are also applications for many accounting software packages that let you record expenditures and share receipts. Just snap a photo of the ticket and make a note of the information rather than going through a stack of receipts at the end of the month.

              • Received a record of inventory

                By entering inventory into your system the same day you receive it, you maintain your system up to date and can see your supply more accurately. Daily inventory management also lowers the risk of product maturity and loss. It plays a critical role in checks and balances.

              B. Tasks for Weekly Accounting

              • Payments of a Record

                To maintain a healthy financial flow and up-to-date documents, deposit paper checks and currency payments once a week. Check to see if your bank takes mobile deposits if the majority of your accounts due are electronic payments.

              • Invoice Your Customers

                Regular billing encourages timely payment from your customers. Your customer will take longer to pay you the longer you delay to bill them.

              • Review time records for employees

                Review timesheets regularly at least once per week to help you identify inconsistencies and actions that might be detrimental to your business.

              C. Tasks for Monthly Accounting

              • Pay vendors, or organize for the payment of bills

                Check invoices for errors, and plan payments early to benefit from discounts for doing so. Make payment reminders if necessary to settle your expenses on time and prevent late fees.

              • Monitor spending and deviations

                Budgeting for different costs, activities, and tasks is simple to do, but maintaining these budgets can be challenging. Checking for such issues each month and taking remedial action is the best method to lower budget variances.

              • Maintaining schedules for accurate financial tracking

                It is important to maintain schedules for tracking and amortization of expenses, depreciation, etc., which can help you keep your accounting records up to date and reduce errors. This process will also help you identify any trends or issues that may arise in your financial reports.

              • Protect Your Data

                Create a physical backup of your financial information if you don’t use cloud-based accounting software at least once per month. This will offer you confidence even in the unlikely circumstance of a hardware malfunction.

              Bottom Line

              For any business to be successful, precise accounting records must be kept. You can make sure that your funds stay in order and on schedule by adhering to this accounting check list. Keep in mind that you must perform these duties regularly to prevent inconsistencies or mistakes in your financial records. By using adequate accounting procedures, you can assess the financial health of your company with assurance and make the required corrections to facilitate business expansion.

              HLB HAMT to Assist!

              If you’re in need of financial assistance or guidance, HLB HAMT is here to help! With a team of experienced professionals, HLB HAMT can provide you with personalized financial solutions tailored to your specific needs.

              Get in touch with us right away to schedule a consultation and take the first step towards a more secure financial future.

               

               

              Would you like to rate us on Google?         

               

              Varun R Chandra
              Varun R Chandra
              07:38 25 Apr 21
              HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
              Giuseppe Assi
              Giuseppe Assi
              06:20 31 Jan 21
              I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
              Mohamed Sheriff
              Mohamed Sheriff
              16:16 28 Jun 20
              Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
              218141 JOSEPH THOMAS
              218141 JOSEPH THOMAS
              16:20 23 Jun 20
              Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
              PMI
              PMI
              07:14 23 Jun 20
              In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
              RAVI CHOKSI
              RAVI CHOKSI
              08:28 21 Jun 20
              Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
              Maharajan Subramaniam
              Maharajan Subramaniam
              18:17 06 Jun 20
              High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
              Mohammed L
              Mohammed L
              08:07 05 Jun 20
              We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
              ROY ROSHAN VIVIAN
              ROY ROSHAN VIVIAN
              06:32 04 Jun 20
              Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
              Basil Daniells
              Basil Daniells
              05:55 03 Jun 20
              I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
              Amar Kashyap
              Amar Kashyap
              19:28 02 Jun 20
              Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
              Radz de Jesus
              Radz de Jesus
              16:03 02 Jun 20
              We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
              Next Reviews
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              The Top Four Components of Predictive Practice: A Comprehensive Guide for Businesses

              Sumesh Krishna, Partner

              image

              HLB HAMT - Accounting Firm in UAE

              Phone:- +971 4 327 7775
              Mobile:- +971 50 749 0576
              WhatsApp:- +971 56 219 1607
              Email:- dubai@hlbhamt.com

                Schedule a Consultation






                In today’s fast-paced and constantly evolving business environment, it’s more important to anticipate and prepare for future scenarios. A crucial tool in accounting and finance, the predictive practice uses several methods to examine historical data and generate precise forecasts about future events.

                In this article, we will discuss the importance of predictive practice and its multiple components, which could assist firms in taking preventative action and succeeding.

                Importance of Predictive Practice

                The emergence of the predictive practice is guided by four fundamental components that assist in reshaping current accounting tasks for an online environment:

                1. Proactive Behavior: Businesses must be proactive in their financial planning and decision-making to use predictive practices. Organizations can lower risk and improve efficiency by foreseeing patterns and occurrences in the future.
                2. Predictive Models: To forecast sales, costs, and profits, predictive models are statistical methods that are often used in accounting and finance.
                3. Employing big data: Big data is the term for the enormous data volumes produced by consumers and corporations. Big data is used in predictive practice to find patterns and trends that can guide business-related decision-making.
                4. Professional Services Online: Businesses can obtain expert advice, gain real-time insights into their financial performance, and make choices based on correct data through online professional services.

                Proactive Behaviour

                Proactive behaviour can be described as taking charge of a situation by anticipating problems in the future and taking steps to prevent them. Being proactive is essential in predictive practice since it aids in recognizing possible hazards and possibilities in accounting and finance.

                Financial professionals may use predictive models and Big data analysis to study historical data and create precise forecasts about future trends, situations, and events that potentially affect the financial conditions of their customers. Proactive behaviour can assist customers in capitalizing on opportunities and reducing risks.

                Some proactive advice that financial professionals can offer to their clients includes creating backup plans for potential risks, like economic crises, creating strategies to lessen risks associated with a particular investment, diversifying investment portfolios, and providing advice on maximizing financial performance by discovering cost-saving opportunities. In conclusion, proactive behaviour is vital for predictive practice in accounting and finance.

                Predictive Models

                Through analyzing past data and discovering patterns and trends, predictive models are practical tools that enable companies to foresee likely future occurrences and take appropriate action. They support proactive behaviour in the predictive practice by making it possible to evaluate vast volumes of data and derive insightful information that could assist with proactive decision-making.

                Several software packages are available for managing extensive data and predictive analytics, including KNIME, Orange, NLTK, RapidMiner, R-programming, and Weka. With the assistance of these tools, users may create prediction models, conduct data mining and analysis and view the findings intuitively. Since many of these technologies are free and open source, businesses of all sizes can utilize them.

                The capacity of companies to use the insights gained from these models and take proactive action to address probable future occurrences is critical to the success of predictive modelling in the predictive practice. Organizations can more effectively prepare for and react to potential problems and opportunities, eventually fostering growth and achievement.

                Employing Big Data

                In the current financial situation, the capacity to manage and analyze vast amounts of data, often known as big data, is becoming increasingly crucial. Effective use of this data by businesses may frequently lead to a competitive edge in the market. Therefore, professionals in finance and accounting need to become proficient in the methods and tools required for using big data and analytics.

                Google and Google Trends are tools that can be especially helpful in assessing the potential for new clients in new areas. By examining Google search data, finance and accounting experts may see trends and patterns in customer behaviour. Non-financial Information (NFI) is another helpful resource for trend forecasting. The NFI might contain information about customer satisfaction, internet traffic, and social media involvement.

                Various technologies like Similar Web and Alexa are accessible for competitive intelligence. Professionals in finance and accounting can use these tools to research search terms, upstream websites, and traffic sources. Choosing the appropriate course of action based on the insights discovered is the key to adequately leveraging big data and analytics.

                Professional Online Services

                Increased companies are choosing to provide their services online in the digital era. The same is valid for experts in finance and accounting who use online platforms to deliver proactive work to their clients. One of the key benefits of offering professional services online is the capacity for aggressive work delivery. Finance and accounting professionals can remain ahead of the curve and provide their clients with predicted insights and solutions thanks to access to a multitude of data and analytics technologies.

                Online tools also make it possible for customers of finance and accounting professionals to collaborate and communicate with one another in real-time. This may increase openness, promote confidence, and improve the customer experience. Cost-effectiveness is a significant advantage of offering professional services online. Finance and accounting professionals may lower overhead expenses by eliminating the requirement for brick-and-mortar offices and in-person meetings.

                Bottom Line

                It is impossible to understate the value of predictive practice in the accounting and finance industry. In today’s modern workplace, companies can gain a competitive edge by being proactive, utilizing predictive models, leveraging the power of big data, and providing online professional services. Finance and accounting professionals must master the techniques and instruments to implement predictive practice using big data and analytics. Businesses can be a step ahead of their peers and reach their financial objectives by utilizing these resources.

                HLB HAMT to Assist!

                With the assistance of HLB HAMT, organizations can implement the top four components of predictive practice covered in this blog. With its experience in finance and accounting, HLB HAMT can aid in developing predictive models and employing big data analytics to provide precise projections and discover patterns that help direct business-related decision-making.

                 

                 

                Would you like to rate us on Google?         

                 

                Varun R Chandra
                Varun R Chandra
                07:38 25 Apr 21
                HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
                Giuseppe Assi
                Giuseppe Assi
                06:20 31 Jan 21
                I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
                Mohamed Sheriff
                Mohamed Sheriff
                16:16 28 Jun 20
                Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
                218141 JOSEPH THOMAS
                218141 JOSEPH THOMAS
                16:20 23 Jun 20
                Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
                PMI
                PMI
                07:14 23 Jun 20
                In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
                RAVI CHOKSI
                RAVI CHOKSI
                08:28 21 Jun 20
                Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
                Maharajan Subramaniam
                Maharajan Subramaniam
                18:17 06 Jun 20
                High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
                Mohammed L
                Mohammed L
                08:07 05 Jun 20
                We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
                ROY ROSHAN VIVIAN
                ROY ROSHAN VIVIAN
                06:32 04 Jun 20
                Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
                Basil Daniells
                Basil Daniells
                05:55 03 Jun 20
                I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
                Amar Kashyap
                Amar Kashyap
                19:28 02 Jun 20
                Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
                Radz de Jesus
                Radz de Jesus
                16:03 02 Jun 20
                We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
                Next Reviews
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