ACCOUNTING SERVICES

We are a leading provider of accounting services in the UAE.

With our expertise and commitment to excellence, our team of Chartered Accountants specialize in providing a range of services, individually tailored to meet the needs of our clients.

Due to the introduction of Corporate Tax and mandatory reporting deadlines, it is crucial that businesses comply with the relevant laws and regulations to ensure that accurate financial records are maintained. Our bookkeeping and accountancy services offer the perfect solution to any business wanting to have accurate up to date records. With our deep industry-specific knowledge, we help clients meet their obligations under the International Financial Reporting Standards Principles (IFRS), whilst delivering services of a high quality.

Accounting Services

  • Chart of Accounts Set-Up
  • Periodic Accounting & Bookkeeping Service
  • Periodic Review on The Books of Accounts
  • Budgeting and Forecasting
  • Cash Flow Forecasting
  • Audit Services
  • Financial Statement Preparation
  • Business Start-Up Consulting
PAYROLL MANAGEMENT

At MNV Associates, we match our payroll services to the exact requirements of each of our clients in line with the UAE labor laws and regulations.

Our payroll services are meant to help our clients spend less time focusing on managing payroll and spend more time focusing on areas that make their business grow.

We offer a flexible approach by either working as a fully outsourced payroll team or working alongside in-house teams, providing as much or as little support as required. We also provide weekly, fortnightly, or monthly payroll as requested by our clients.

Companies located in the mainland and few freezones need to process their payroll through the Wage Protection System (WPS). WPS is governed by the Central Bank and Ministry of Human Resource and Emiratization (MOHRE). In DIFC freezone, compliance is DIFC employee workplace savings (DEWS), a mandatory monthly contribution to be paid by the employer to the authority.

We ensure that our clients abide by UAE payroll regulations for Local or GCC Nationals, the compliance include contribution to General Pension and Social Security Authority (GPSSA), or Abu Dhabi Pension Fund (ADPF). We will advise you on the rate relevant to employee’s GCC origin. The GPSSA register helps companies keep track of their total contribution required to be processed in a particular month, with a breakdown of both employer and employee contribution.

Payroll Services

  • Payroll Set-up
  • Monthly Payroll Compliance – gross to net report, pay slips etc.
  • Preparation and Banking Assistance (WPS if applicable)
  • Calculation of Leave Accruals and Gratuity Accruals
  • Employee/Employer Registration with GPSSA, ADPF, DEWS etc.
  • Monthly Statutory Contribution Reports (GPSSA, ADPF, DEWS etc.)
  • Calculation of End of Service Benefits
  • Ad-hoc Reports (Year-to-Date, Variance Report, etc.)
HR ADVISORY

We specialize in providing expert Human Resources (HR) advisory services and guidance to businesses, to ensure that they are complying with regional laws and regulations.

With our extensive knowledge of the UAE’s Ministry of Human Resource & Emiratization (MOHRE) law, we can support companies in establishing a sound framework for their HR operations matching the best practices in the industry. Our experts work directly with businesses to ensure that all HR policies, practices, and employee contracts comply with the law.

HR Advisory Services

  • HR advisory services as per best industry practices
  • Ensuring compliance to regional labour laws and regulations
  • Employees’ arrival & exit briefings
  • Drafting of offer letters & employment contracts
  • Preparation of the employee handbook as per company policy
  • Maintenance of employment records such as passport, visa & emirates ID copies
  • Earnings and benefits management and reporting
  • HR audits and support
FRACTIONAL CFO

The trend towards hiring fractional CFO services is on the rise as companies of all sizes recognize the value of outsourcing financial expertise.

Our fractional CFO services provide our clients with in-depth financial advice on a contractual and flexible basis, whilst also avoiding the costs associated with hiring a full-time executive. Furthermore, our team can bring a wealth of tailored industry-specific knowledge and strategic insights, helping businesses make better informed decisions and navigate financial challenges more effectively.

Benefits of Hiring a Fractional CFO

  • Strong financial expertise and high-level strategic planning
  • Flawless execution in budgeting, forecasting and risk management
  • Improved cash flow management
  • Enhanced financial processes and business value
  • Astute M&A assistance along with due diligence support
  • Develop growth strategies aligned long-term plans
  • Industry best practices along with complex decision-making
SECONDMENT

Our tailored secondment services provide clients with experienced professionals at any level that they require on a temporary or long-term basis.

The MNV team is highly experienced and delivers quality work, allowing clients to have peace of mind and focus on core areas of their business. By using our secondment services, clients can experience major cost savings as there will be no need for a lengthy recruiting process for hiring someone on a fixed long-term basis.

ERP IMPLEMENTATION

At MNV Associates, we understand that implementing an Enterprise Resource Planning (ERP) system can be a complex and lengthy process for your business.

Our ERP team work in coordination with the client to develop an ERP implementation plan covering every requirement and business goal. Furthermore, we continuously focus on building a scalable business-tailored system for our clients that integrates all administration procedures and streamlines data processes, making the transition a smooth process for our clients.

ERP SERVICES

  • End-to-end ERP Support
  • Implementation and Data Migration
  • ERP assessment and evaluation
  • Beta Testing to identify potential risks before deployment
  • Providing recommendations and improvements to the software
  • ERP health checks
  • ERP contracts review
ACCOUNTING SERVICES

We are a leading provider of accounting services in the UAE.

With our expertise and commitment to excellence, our team of Chartered Accountants specialize in providing a range of services, individually tailored to meet the needs of our clients.

Due to the introduction of Corporate Tax and mandatory reporting deadlines, it is crucial that businesses comply with the relevant laws and regulations to ensure that accurate financial records are maintained. Our bookkeeping and accountancy services offer the perfect solution to any business wanting to have accurate up to date records. With our deep industry-specific knowledge, we help clients meet their obligations under the International Financial Reporting Standards Principles (IFRS), whilst delivering services of a high quality.

Accounting Services

  • Chart of Accounts Set-Up
  • Periodic Accounting & Bookkeeping Service
  • Periodic Review on The Books of Accounts
  • Budgeting and Forecasting
  • Cash Flow Forecasting
  • Audit Services
  • Financial Statement Preparation
  • Business Start-Up Consulting
PAYROLL MANAGEMENT

At MNV Associates, we match our payroll services to the exact requirements of each of our clients in line with the UAE labor laws and regulations.

Our payroll services are meant to help our clients spend less time focusing on managing payroll and spend more time focusing on areas that make their business grow.

We offer a flexible approach by either working as a fully outsourced payroll team or working alongside in-house teams, providing as much or as little support as required. We also provide weekly, fortnightly, or monthly payroll as requested by our clients.

Companies located in the mainland and few freezones need to process their payroll through the Wage Protection System (WPS). WPS is governed by the Central Bank and Ministry of Human Resource and Emiratization (MOHRE). In DIFC freezone, compliance is DIFC employee workplace savings (DEWS), a mandatory monthly contribution to be paid by the employer to the authority.

We ensure that our clients abide by UAE payroll regulations for Local or GCC Nationals, the compliance include contribution to General Pension and Social Security Authority (GPSSA), or Abu Dhabi Pension Fund (ADPF). We will advise you on the rate relevant to employee’s GCC origin. The GPSSA register helps companies keep track of their total contribution required to be processed in a particular month, with a breakdown of both employer and employee contribution.

Payroll Services

  • Payroll Set-up
  • Monthly Payroll Compliance – gross to net report, pay slips etc.
  • Preparation and Banking Assistance (WPS if applicable)
  • Calculation of Leave Accruals and Gratuity Accruals
  • Employee/Employer Registration with GPSSA, ADPF, DEWS etc.
  • Monthly Statutory Contribution Reports (GPSSA, ADPF, DEWS etc.)
  • Calculation of End of Service Benefits
  • Ad-hoc Reports (Year-to-Date, Variance Report, etc.)
HR ADVISORY

We specialize in providing expert Human Resources (HR) advisory services and guidance to businesses, to ensure that they are complying with regional laws and regulations.

With our extensive knowledge of the UAE’s Ministry of Human Resource & Emiratization (MOHRE) law, we can support companies in establishing a sound framework for their HR operations matching the best practices in the industry. Our experts work directly with businesses to ensure that all HR policies, practices, and employee contracts comply with the law.

Due to the introduction of Corporate Tax and mandatory reporting deadlines, it is crucial that businesses comply with the relevant laws and regulations to ensure that accurate financial records are maintained. Our bookkeeping and accountancy services offer the perfect solution to any business wanting to have accurate up to date records. With our deep industry-specific knowledge, we help clients meet their obligations under the International Financial Reporting Standards Principles (IFRS), whilst delivering services of a high quality.

HR Advisory Services

  • HR advisory services as per best industry practices
  • Ensuring compliance to regional labour laws and regulations
  • Employees’ arrival & exit briefings
  • Drafting of offer letters & employment contracts
  • Preparation of the employee handbook as per company policy
  • Maintenance of employment records such as passport, visa & emirates ID copies
  • Earnings and benefits management and reporting
  • HR audits and support
FRACTIONAL CFO

The trend towards hiring fractional CFO services is on the rise as companies of all sizes recognize the value of outsourcing financial expertise.

Our fractional CFO services provide our clients with in-depth financial advice on a contractual and flexible basis, whilst also avoiding the costs associated with hiring a full-time executive. Furthermore, our team can bring a wealth of tailored industry-specific knowledge and strategic insights, helping businesses make better informed decisions and navigate financial challenges more effectively.

Due to the introduction of Corporate Tax and mandatory reporting deadlines, it is crucial that businesses comply with the relevant laws and regulations to ensure that accurate financial records are maintained. Our bookkeeping and accountancy services offer the perfect solution to any business wanting to have accurate up to date records. With our deep industry-specific knowledge, we help clients meet their obligations under the International Financial Reporting Standards Principles (IFRS), whilst delivering services of a high quality.

Benefits of Hiring a Fractional CFO

  • Strong financial expertise and high-level strategic planning
  • Flawless execution in budgeting, forecasting and risk management
  • Improved cash flow management
  • Enhanced financial processes and business value
  • Astute M&A assistance along with due diligence support
  • Develop growth strategies aligned long-term plans
  • Industry best practices along with complex decision-making
SECONDMENT

Our tailored secondment services provide clients with experienced professionals at any level that they require on a temporary or long-term basis.

The MNV team is highly experienced and delivers quality work, allowing clients to have peace of mind and focus on core areas of their business. By using our secondment services, clients can experience major cost savings as there will be no need for a lengthy recruiting process for hiring someone on a fixed long-term basis.

ERP IMPLEMENTATION

At MNV Associates, we understand that implementing an Enterprise Resource Planning (ERP) system can be a complex and lengthy process for your business.

Our ERP team work in coordination with the client to develop an ERP implementation plan covering every requirement and business goal. Furthermore, we continuously focus on building a scalable business-tailored system for our clients that integrates all administration procedures and streamlines data processes, making the transition a smooth process for our clients.

ERP SERVICES

  • End-to-end ERP Support
  • Implementation and Data Migration
  • ERP assessment and evaluation
  • Beta Testing to identify potential risks before deployment
  • Providing recommendations and improvements to the software
  • ERP health checks
  • ERP contracts review

Let’s start a conversation

Get in touch today and find a solution that’s right for you.