Mohandas Balakrishnan Auditing LLC is an Auditing firm licensed by Dubai Department of Economy and Tourism which is approved by Ministry of Economy. It is managed by Auditor with UAE FCA qualification conferred by Emirates Association for Accountants and Auditors. Our company is founded by professionals of more than 30 years of experience in UAE. We pride ourselves on providing outstanding professional service to guarantee that all of our clients are well informed in respect of tax compliances. We stand out in the fields of VAT, IFRS and Corporate Tax.
Mohandas Balakrishnan Auditing LLC is one of the best Tax Consulting firms in Dubai. In addition to IFRS Complied Accounting services, we also provide various services such as VAT and Corporate Tax consulting and Internal Audit. Accounting practices are continuously evolving and the intricacies involved in it are becoming more complex due to globalization. More businesses now turning to IFRS as it standardizes all accounting practices, rules and regulations. IFRS brings in three priceless benefits, transparency, accountability and efficiency. IFRS address challenges by giving a quality, internationally recognized set of accounting standards that aims to bring transparency, accountability and efficiency to financial markets around the world. In UAE, as per the new Corporate Tax rules, all companies with an annual turnover of less than AED 50 million should apply IFRS for SMEs and for companies with an annual turnover of more than AED 50 million should prepare their accounts complying with IFRS in full.
All Free Zone Persons and all mainland companies with an annual turnover AED 50 million must prepare and maintain Audited Financial Statements.
Our greatest achievement has been our wide client base operating in various business areas. Delivering dependable, timely, high-quality work that brings measurable value to its clients, is our motto. As part of the firm’s commitment to provide top of the line professional advice to its clients, our team constantly undergoes training , both internal and those conducted by professional bodies.