RAG Accounting & Audit

RAG Accounting & Bookkeeping LLC is a boutique business services firm specialized in accounting & bookkeeping, CFO/Finance Manager Services, Audit, Value Added Tax (VAT) Consulting. RAG Accounting is a division of Royal Alliance Group which has its presence in Middle East since 2002. Our aim is to provide customized solutions to clients at reasonable rates, whereby we can provide value addition to them.We primarily focus on small and medium companies by providing expert services to the Management so that they are updated and able to take informed decision. All our services are done by experts in their own field. We are affiliated to The Institute of Chartered Accountants of India and The Institute of Management Accountants, USA. Services provided include: • Accounting & Bookkeeping • Finance Manager Services • Internal Audit • Year End Audit • Payroll Services • Management reporting • Accounting software • VAT registration • VAT return filing • Business set up • Receivables follow up • Budgeting & Forecasting • Business Valuation • Liquidation Accounting Services: We are one of the top accounting firm in Dubai. The advantages of outsourcing the accounting works to us include cost reduction, accurate and updated accounts at any time, managed by professional accountants. We act as your dedicated accountant working from another office in Dubai and meetings whenever required. SME sector can particularly benefit as many of the companies doesn’t need a full time accountant. They can considerably reduce the operating expenses especially during the current economic situation, thanks to #COVID 19. Cost reductions include monthly salary, visa charges, medical insurance, airfare, leave salary, gratuity etc in addition to the risk of bad hiring. CFO/Finance Manager Services: Our Finance Manager services are provided by Chartered Accountants and Chartered Management Accountants with over a decade of experience in UAE across various industries. Many of the SME companies do not require a full time Finance Manager or not feasible for many entities. We guide the client accountant, train and support them, periodically review the accounts, submit the monthly financial reports to the Management so that they are aware of the financial position of the company. Accounting Software: We provide accounting programs suitable and cost effective to the organization so that the business owner can access the necessary reports. We are a ZohoBooks Certified Advisor, Xero certified partner. In addition we use Tally, QuickBooks and Microsoft Dynamics and other ERP programs. Value Added Tax (VAT Consulting): The range of services include VAT registration, VAT return Filing, ensuring output tax is correct and input tax claimed on all eligible expenses, VAT de registration and submitting re consideration on VAT penalties and fines. Internal/external Audit: Our periodic internal audit ensures the accuracy of accounting figures, internal control procedures are followed, proper authority matrix followed on approval of payments. In addition we provide year end audit which is now mandatory for most of the mainland and freezone companies in Dubai. Our partner audit firms are the best auditing companies in UAE, listed in most of the freezones. Business set up: We provide company formation services and PRO services, in addition to providing licensed office spaces at reasonable rates. This is done through our parent company Royal Alliance Group.