The management and accounting staff often do not have the time or expertise to prepare accurate financial statements and audit file or answer all the questions that arise during the audit by statutory auditors. Many times, this results in inefficient audit, and a less than satisfying experience for everyone involved in this process.
HLB HAMT has an experienced team of professionals, who have exposure in different industry segments, deep knowledge in IFRS Framework and familiarity with international standards on auditing and quality assurance.
HLB HAMT has experience in handling several Donor audits and provide the necessary assurance to the Donor and provide recommendations to the project managers for efficient utilization.
Data analysts and data scientists are becoming commonplace in most businesses nowadays and employing them on a full-time basis creates a severe financial burden to the management; this is where HLB HAMT and their data analysis professionals step in.
Dubai is a city-state and one of the seven emirates in the United Arab Emirates. Over the last couple of decades, Dubai has emerged as a cosmopolitan city and leading destination in the MENA region in international trade, tourism and Innovation.
Dubai is nowadays always compared to megacities like Hongkong and Singapore and has become home to 200+ nationalities. The Dubai government and its policies are always unique and transparent and considered a business-friendly welcome approach to its residents and business community.
Strong business processes are crucial for organizations to run their business effectively. Having good processes help organizations reduce their dependency on individuals. Good processes also help companies to scale up their operations and to be equipped to take on emerging market opportunities.
HLB HAMT has been helping many companies across industries adopt digital transformations in the last few years. The most popular and adoptive among the digital transformation processes are Robotic Process Automation (RPA). The software or “bots” emulate human actions, capture data, and manipulate applications to effectively execute a business process.
A probationary period is meant to allow the company to evaluate the new hire and make a decision on whether to keep the working relationship continue or end it.
The management and accounting staff often do not have the time or expertise to prepare accurate financial statements and audit file or answer all the questions that arise during the audit by statutory auditors. Many times, this results in inefficient audit, and a less than satisfying experience for everyone involved in this process.
HLB HAMT has an experienced team of professionals, who have exposure in different industry segments, deep knowledge in IFRS Framework and familiarity with international standards on auditing and quality assurance.
HLB HAMT has experience in handling several Donor audits and provide the necessary assurance to the Donor and provide recommendations to the project managers for efficient utilization.
Data analysts and data scientists are becoming commonplace in most businesses nowadays and employing them on a full-time basis creates a severe financial burden to the management; this is where HLB HAMT and their data analysis professionals step in.
Dubai is a city-state and one of the seven emirates in the United Arab Emirates. Over the last couple of decades, Dubai has emerged as a cosmopolitan city and leading destination in the MENA region in international trade, tourism and Innovation.
Dubai is nowadays always compared to megacities like Hongkong and Singapore and has become home to 200+ nationalities. The Dubai government and its policies are always unique and transparent and considered a business-friendly welcome approach to its residents and business community.
Strong business processes are crucial for organizations to run their business effectively. Having good processes help organizations reduce their dependency on individuals. Good processes also help companies to scale up their operations and to be equipped to take on emerging market opportunities.
HLB HAMT has been helping many companies across industries adopt digital transformations in the last few years. The most popular and adoptive among the digital transformation processes are Robotic Process Automation (RPA). The software or “bots” emulate human actions, capture data, and manipulate applications to effectively execute a business process.
A probationary period is meant to allow the company to evaluate the new hire and make a decision on whether to keep the working relationship continue or end it.
HLB HAMT is a leading ICV certificate provider in UAE accredited by the relevant authorities as one of the certifying bodies. For ICV Certification In Dubai, Contact us.
HLB HAMT have a team of Registered auditor in Abu Dhabi, UAE. Considered as a most trusted international auditor in Abu Dhabi for over a decade. Contact to our Audit firm in Abu Dhabi for Best Services.
Our Audit and Assurance Practices adhere to the International Standards on Quality Control, Auditing, Review issued by the International Federation of Accountants
HLB HAMT is among the certified Auditors in Dubai UAE provides professional audit services in UAE with 29 years of experience. As a reputed audit firm, our service is recognized in middle east.
Data Entry and Transaction Processing.pptxAdarsh748147
HLB HAMT is one of the top data entry and transaction processing companies in Dubai. We serve payers and providers in different sectors at reasonable rates all over UAE.
HLB HAMT offers the best of Accounts payable outsourcing services around UAE that offer completely flexible and innovative accounts payable solutions. Contact Us to know more
In search of Accounting Services in Dubai from the best accounting firm in UAE? Certified professional chartered Accountants providing Bookkeeping and Accounting services in Dubai.
Due Diligence Services for Mergers & Acquisitions in Dubai, UAE.pptxAdarsh748147
Encouraging both parties to conduct due diligence services for mergers and acquisitions in Dubai, UAE on the other company with the assistance of a professional competent firm like HLB HAMT.
We are the best due diligence companies in Dubai. We assist all types of due diligence services. Commercial, Financial and Accounting Due diligence in Dubai UAE
Transaction Advisory Services in UAE.pptxAdarsh748147
Our transaction advisory team at HLB HAMT provide you the assurance of a smooth and seamless transaction experience including Due Diligence, Valuation and other related services.
The United Arab Emirates’ Central Bank or simply CBUAE was founded in 1980, with Dubai and Abu Dhabi both contributing half of their earnings in the organization.
HLB HAMTs professional Business Consultancy in DIFC are expertise and experienced to advise Fund management companies in DIFC and for achieving DIFC Regulated License. Contact Us!
Anti-Money Laundering (AML) in UAE.pptxAdarsh748147
Using the services of HLB HAMT can provide a protective shield against money laundering challenges for firms in the DIFC and related financial institutions in UAE.
HLB HAMT is a leading ICV certificate provider in UAE accredited by the relevant authorities as one of the certifying bodies. For ICV Certification In Dubai, Contact us.
HLB HAMT have a team of Registered auditor in Abu Dhabi, UAE. Considered as a most trusted international auditor in Abu Dhabi for over a decade. Contact to our Audit firm in Abu Dhabi for Best Services.
Our Audit and Assurance Practices adhere to the International Standards on Quality Control, Auditing, Review issued by the International Federation of Accountants
HLB HAMT is among the certified Auditors in Dubai UAE provides professional audit services in UAE with 29 years of experience. As a reputed audit firm, our service is recognized in middle east.
Data Entry and Transaction Processing.pptxAdarsh748147
HLB HAMT is one of the top data entry and transaction processing companies in Dubai. We serve payers and providers in different sectors at reasonable rates all over UAE.
HLB HAMT offers the best of Accounts payable outsourcing services around UAE that offer completely flexible and innovative accounts payable solutions. Contact Us to know more
In search of Accounting Services in Dubai from the best accounting firm in UAE? Certified professional chartered Accountants providing Bookkeeping and Accounting services in Dubai.
Due Diligence Services for Mergers & Acquisitions in Dubai, UAE.pptxAdarsh748147
Encouraging both parties to conduct due diligence services for mergers and acquisitions in Dubai, UAE on the other company with the assistance of a professional competent firm like HLB HAMT.
We are the best due diligence companies in Dubai. We assist all types of due diligence services. Commercial, Financial and Accounting Due diligence in Dubai UAE
Transaction Advisory Services in UAE.pptxAdarsh748147
Our transaction advisory team at HLB HAMT provide you the assurance of a smooth and seamless transaction experience including Due Diligence, Valuation and other related services.
The United Arab Emirates’ Central Bank or simply CBUAE was founded in 1980, with Dubai and Abu Dhabi both contributing half of their earnings in the organization.
HLB HAMTs professional Business Consultancy in DIFC are expertise and experienced to advise Fund management companies in DIFC and for achieving DIFC Regulated License. Contact Us!
Anti-Money Laundering (AML) in UAE.pptxAdarsh748147
Using the services of HLB HAMT can provide a protective shield against money laundering challenges for firms in the DIFC and related financial institutions in UAE.
2. With significant growth in recent years, the United Arab Emirates is one of the most
appealing and dependable nations in the Arab world. The UAE’s current position as a
key commercial and business center around the globe is the result of decades of hard
work and devotion, as well as a willingness to adopt new technologies. The UAE has a
majority expatriate population. One might easily say that the country was established
by its expat population, which represents over 200 nations from throughout the world.
3. The UAE government has implemented a variety of visas in order to attract expats who would
help to shape the country’s future and society. Let’s delve into the Visa categories in UAE, which
are as follows:
Business Visa
A business visa allows foreign nationals to apply for a long-term visa for themselves and their
families. Its goal is to establish business-friendly climates that will help the UAE’s economy
thrive.
Guidelines for Eligibility
Individuals with entrepreneurial expertise from any nation are able to apply for a business visa.
Anyone who has owned a business at some point in their lifetime and intends to do it again in the
4. To find business candidates, you’ll need to do the following
Be willing to back up your entrepreneurial skills
A majority stakeholder in a start-up or a top executive in one
be prepared to migrate to the United Arab Emirates and open a legitimate company
in one of the seven emirates
Do you have a business concept or strategy that you’d want to see realized in the
UAE?
5. Applicants must also satisfy the Federal Authority for Identity, Citizenship, Customs, and
Ports Security’s criteria, which include a background check and a health evaluation.
You must get your nomination accepted by an incubator sponsored by the UAE government
in order to apply for a business visa (currently, AREA2071 in Dubai and HUB71 in Abu
Dhabi). You will be requested to apply for a visa through the Federal Authority for Identity,
Citizenship, Customs, and Ports Security after your nomination has been accepted.
If your nomination is approved, you will be sent a link to upload the necessary papers and
finish your visa application.
If your nomination is denied, you must reapply after 90 days.
6. The advantages of a business visa
Following the issuance of the visa, the applicant is permitted to:
To make the process of establishing a business easier, enter the nation for six
months on a multiple-entry visa
Nominate up to three of his company’s senior employees for residence
7. Remote Work Visa
The UAE cabinet authorized new Remote Work Visa plan to allow employees from all
over the globe to work remotely from the UAE, with the goal of attracting talents and
skills from all over the world. The one-year visa permits foreigners to visit the UAE on
their own initiative and work in accordance with the visa’s terms and limitations.
The significant move, which is the country’s first of its type, allows entrepreneurs and
professionals to develop in the UAE’s favorable investment business climate, with
proximity to all required facilities. The Dubai remote working visa allows you to enter
the UAE several times. In this Visa type, you are only allowed to stay outside the UAE
for a maximum of six months. You will also need to reapply if you want to reside in the
UAE for longer than a year.
8. The conditions for applying for a remote working visa in Dubai are as follows:
The following information is required of all candidates for the remote work programme:
A passport that is valid for at least six months
UAE health insurance.
You’ll also need to provide proof of work, although the documentation you’ll require may
vary depending on your position. If you work for a firm, you must present the following
proof of employment for your visa:
A one-year job contract is required
9. Documents demonstrating your ability to meet the financial requirement, which
include:
A starting salary of at least $5,000 USD is required.
Your previous month’s pay slip
Bank statements from the previous three months
Tourist Visa
Tourist visas are available to people who do not qualify for a visa on arrival or visa-free
entrance to the UAE. Individual travelers from all around the globe can apply for a
tourist visa. Unless they are travelling with their parents, females under the age of 18
10. Children under the age of 18 who are accompanied by adults can acquire a free visa
for their stay from July 15 to September 15 each year, according to a Cabinet decision
signed in July 2018.
Licensed tour operators and hotels in the UAE can help you get a tourist visa if you
buy your ticket via them and keep your hotel reservation with them. It’s critical to
double-check the legitimacy of any travel agencies you’re working with, and to hold off
on paying or submitting copies of your official papers until you’re certain the tour
operator is legitimate.
11. The duration of a tourist visa’s validity
Tourist visas to the UAE can be provided for 30 days or 90 days, single entrance or multiple
admissions, depending on your plans. The UAE has introduced a five-year visa that allows
travellers to enter the nation several times on self-sponsorship and stay for 90 days on each
visit, which may be extended for another 90 days.
Getting a tourist visa renewed
All forms of visit and tourist visas can be renewed for another 30 days once they have been
applied for and approved by the proper authority. This can be accomplished without leaving
the country. Visitors and tourists can request for a second renewal before the first one
expires for each renewal period. Over-stayers who do not renew their visas will be charged a
fee for each day they overstay, starting 10 days after their visa expires.
12. Retirement Visa for UAE Residents
The UAE Cabinet adopted a measure in September 2018 that would grant retired
residents over the age of 55 a 5-year long-term visa. If the qualifying conditions are
satisfied, the visa may be renewed.
A retiree must meet one of the following conditions to be qualified for a 5-year extendable
retirement visa:
Invest in a 2 million AED worth property.
Having a minimum financial savings of AED 1 million
Having a monthly active income of at least AED 20,000
13. The visa is valid for 5 years and can be renewed provided they fulfil the qualifying
requirements.
There are various ways to apply for a Dubai Retirement Visa, depending on where you
live:
If you’re presently on a work permit in Dubai, you’ll need to go to the Dubai branch of
the General Directorate of Residency and Foreigners Affairs (GDRFA).
If you are visiting Dubai from another country, you will need an entrance visa,
because that’s when you may request for the Residence Retirement Visa.
Visas for the UAE, including Dubai, are issued by the General Directorate of Residency
and Foreigners Affairs (GDRFA).
14. Documents required
A copy of the applicant’s passport and that of any dependents (spouse and children)
If you’re sponsoring your spouse, you’ll need a copy of marriage certificate
Current visa copy of applicant and dependents – If you are a UAE resident
Copy of Emirate’s IDs of applicant and dependents – If you are UAE resident
15. The Investor Visa
Foreign citizens who want to start their own business or participate in an existing firm in
Dubai can apply for the Dubai Investor Visa, also known as the Dubai Partner Visa.
For the period of the visa, the owner of a Dubai investor visa has the right to remain in the
UAE and visit and go as they want. The bearer of a Dubai Investor Visa becomes a UAE tax
resident and is not chargeable in their home country, but this is dependent to the
individual’s home country’s restrictions.
A Dubai Investor Visa holder is eligible to apply for an Emirates ID card, establish a bank
account, get a UAE driver’s license, and a variety of other services. The Dubai Investor Visa
also allows the bearer to nominate their spouse, children, and parents for entry into the
16. The Dubai Investor Visa can be obtained in one of four types:
1. Investment in Residential Property
Individuals who choose to invest in residential property worth AED 1 million or more, with a
maximum of 50% of the property value under mortgage, are eligible. If each individual’s
stake in a jointly held property is valued at least AED 1 million, they are qualified to apply.
It must be a single residential property, not a business property. Furthermore, the visa is
only available for freehold residential properties; off-plan houses are not eligible for this
visa.
The visa is valid for three to five years and can be renewed as long as the investor holds real
17. 2. Investing in a Business
Individuals who choose to invest in or create a business in Dubai’s mainland or setting
up a business in other free zones are eligible. This visa is available to investors who
possess shares in a firm worth at least AED 72,000 or who are starting a business
with a capital investment of the same amount. For international investors,
establishing a business in one of Dubai’s free zones requires no local sponsors or
partners, corporations are tax-free, and foreign nationals can own 100% of the
company. The visa application procedure may vary based on a number of factors,
including the company’s location in a free zone and the type of its operation
18. Golden Visa
The UAE introduced a new system for long-term residency permits in 2019.
Foreigners can now live, work, and study in the UAE without the requirement for a
national sponsor, and they can own 100% of their businesses on the UAE’s mainland.
These visas will be given for a period of 5 or 10 years and will be automatically
renewed. Golden Visa system essentially grants long-term residency (5 to 10 years) to
the following categories: investors, entrepreneurs, individuals with exceptional talents
such as researchers, medical professionals, in scientific and knowledge fields, and
exceptional students.
19. Acquiring a 10-year visa
In order to apply for a 10-year resident visa in the UAE, you must fall into one of the
following categories.
Investors with a minimum investment of AED 10 million in public investments:-
investment might take a variety of forms, including:
A deposit of at least AED 10 million in a domestic investment fund
Forming a corporation in the UAE with a minimum capital of AED 10 million
Investing in an existing or new firm having a market capitalization of at least AED10
million.
Having a total investment of not less than AED 10 million in all areas specified, with the
20. Applicants for the 10-year visa must have a minimum public investment of AED 10
million, which might be in the form of a business or an investment fund. However, at
least 60% of the total investment must not be in real estate, the invested money
cannot be borrowed, and investors must accept full ownership of assets if they exist.
In addition, the investor must be able to hold the funds for at least three years. If each
partner contributes a total of AED 10 million, this 10-year visa might be extended to
include business partners.
21. Individuals who have specialised skills:- Doctors, researchers, scientists, investors,
and artists are among those included under the specialised talents group. After
certification from their respective departments and areas, these persons may be
given a 10-year visa. Their spouses and children are also eligible for the visa.
Doctors:- In “honour of their efforts and sacrifices,” the UAE will award doctors, the
first line of defence, a long-term residence.In their various fields of practice, doctors
and specialists must satisfy at least two of the following requirements:
A doctorate from one of the world’s top 500 institutions.
A Ph.D. and ten years of professional experience in the applicant’s field are required.
22. An honorary award in the applicant’s field of endeavour.
Making a significant contribution to key scientific studies.
In prestigious publications, papers or scientific books have been published.
Participation in a field-related organisation.
Specialization in areas where the UAE places a high focus.
Coders:- Coders of all countries and genders can apply for the UAE Golden Visa
through the UAE Government’s Department of Artificial Intelligence or the Federal
Authority for Identity and Citizenship, regardless of whether they are UAE citizens or
non-residents.
23. Acquiring 5-year visa
Investment in real estate:- The 5-year visa has many of the same conditions as the
ordinary investor visa. The only difference is that the needed investment amount is AED
5 million.
Entrepreneurs:- Entrepreneurs can apply for a 5-year resident visa in the United Arab
Emirates. Those who have a current project with a minimum capital of AED 500,000 or
who have the permission of an approved business incubator in the nation are also
eligible. Entrepreneurs are granted a six-month multi-entry visa that can be renewed for
another six months. The spouse and children, a partner, and three executives are all
included in the long-term visa.
24. Excellent Students:- In the UAE, exceptional high school and university students
can apply for a 5-year resident visa. Students from top high schools in the country (a
minimum grade of 95%) and students with a GPA of 3.75 or above after graduation
from specific colleges. The family of excellent students is also eligible for a long-term
visa. Through these measures, the UAE government has demonstrated its
commitment to providing employees, expats, investors, entrepreneurs, and everyone
else who want to make the UAE their home an extra reason to feel secure in their
future professional and personal life.
25. Employment Visa
A Residence Visa is required for foreign nationals who wish to live in the UAE for an
extended period of time. In addition, if you wish to work in the UAE, you must first get a
work permission. So, you must first find a business ready to recruit you and begin the
process of obtaining an employment visa and work permit in the UAE.
To work in the UAE, both you and the organization that hires you must meet the following
requirements:
You must be at least 18 years old to participate.
The firm that hires you must have a valid licence.
There must be no infractions in the company.
The work you conduct must be appropriate for the firm that hired you.
26. Any foreigner above the age of 18 can work in the UAE as long as they fulfil the
Ministry of Human Resources and Emiratisation’s requirements (MoHRE). In the
United Arab Emirates, there is no upper age limit for employment.
Based on their academic qualifications foreign employees are categorised into three
categories:
If you hold a bachelor’s degree or higher, you are in category 1.
If you hold a post-secondary diploma in any discipline, you fall into category 2.
If you have a high school diploma, you are in category 3.
27. Documents Required for Employment Visa
Several supporting papers are required when applying for an employment visa in the UAE,
including:
A copy of your passport as well as your original passport
A passport-size photograph, as required by the UAE
Copies of your academic credentials
A medical certificate from a government-approved health institution in the United Arab
Emirates.
Documents from the firm that hired you, such as the company’s commercial licence or
business card
28. Transit Visa
The transit visa is a single-entry visa for those who will be in the UAE for more than 8
hours as part of their airport transit. It’s an e-visa, and you’ll need to apply for it
before you arrive in the country.
The UAE offers two types of transit visas: one that is free for 48 hours and another for
96 hours. Only UAE-based airlines can provide transit visas, which must be completed
and granted before entering the UAE. You’ll need a transit visa if you’re not one of the
nationalities eligible for visa on arrival or visa-free entrance to the UAE.
29. 48-hour transit visas are available
Travelers passing through the UAE’s airports are provided with complimentary 48-hour
transit visas. You must apply for the visa in advance through an airline located in the UAE.
This is a one-time use visa that cannot be extended or renewed.
To obtain a transit visa, you must have the following documents:
a passport with a three-month minimum expiration
a self-portrait on a white backdrop
a reservation for a flight to a third location other than the one from which you are
30. 96-hour transit visas are available
Travelers passing through the UAE’s airports are awarded 96-hour transit permits for a
charge of AED 50. You must register for the visa in advance through an airline located in the
UAE. This is a one-time use visa that cannot be extended or renewed.
To obtain a transit visa, you must have the following documents:
a passport with a six-month minimum duration
a self-portrait on a white backdrop
a reservation for a flight to a third location other than the one from which you are
31. Student Visa
Expat students over the age of 18 who are residing in the UAE are granted a student visa.
Outstanding students could be eligible for a five-year visa. A student visa is for students
attending university or college in the UAE. The student must be 18 years old or older.
Conditions for a student visa
An authorized admission letter from the university where the candidate is studying is
required in order to receive a freshman student’s visa. A proof of continued study is required
for older students. There are also the following requirements:
Clearing a medical fitness examination
A visa sponsorship, which might be the university or a parent or family
Permission of the General Directorate of Residency and Foreigners Affairs (GDRFA)
32. A student’s visa is granted for a term of one year, extendable for a comparable length
upon presentation of official documentation of continued study from the appropriate
higher educational establishment in the UAE to which the student has been enrolled.
Residents can get a student visa in the UAE by endorsing their children or by
enrolling in one of the UAE’s approved institutions or colleges. Visa applications are
handled by visa officials in each emirate, which are administered by the appropriate
General Directorate of Residency and Foreigners Affairs.
33. Outstanding students may be granted a long-term visa
The UAE government passed the resolution to award excellent students a 5-year visa.
The following are the requirements for obtaining a 5-year visa:
Students at secondary schools, whether public or private, must graduate with a grade
of at least 95%.
University students from both within and outside the nation must have a GPA of at
least 3.75 to graduate.
34. Dependent Visa
With over 80% of its population being expats, the UAE is a migrant-friendly country. The UAE
Dependent Visa permits spouses and children of such expats to join their family member who is
working overseas in Dubai or any of the Emirates.
The categories of dependent visas available in the UAE are as follows:
Husband provides financial support for his wife and children
Parents who sponsor their children
Family is being sponsored by the wife
35. A UAE dependent Visa can be applied for by direct family members of anybody
residing and working in Dubai.
A partner (husband or wife)
Daughters who have never married
Sons under the age of 18
Parents
36. Documents Required for a Dependent Visa
The following are some of the fundamental papers required for an application for dependent
visa:
A well completed application form
Copies of the family members’ passports
Photographs of members of the family who are applying
Statement of clearance from medical exams
a document of the husband’s or wife’s contract of employment
An employer-issued wage certificate
A child’s birth certificate
Tenancy agreement that has been registered
37. CONTACT US
HLB HAMT
Level 18, City Tower-2,
Sheikh Zayed Road
PO Box 32665
Dubai – United Arab Emirates.
Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com