Audit in Dubai

1. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ www.krestonmenon.com Company Overview Kreston Menon, Level 15, Lake Central, Marasi Drive, Business Bay, P. O. Box : 55535, Dubai, UAE

2. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 02 www.krestonmenon.com About Kreston Menon No one else knows your business more. No one else shares your history. Or your dreams for the future. So, when it comes to the really important things – the decisions that will shape the future of your business – you need someone who really understands you. You need an ally. A confidant. A friend. That’s where we come in. We, at Kreston Menon offers the very best financial advice. More than that, we also go beyond the traditional accountant or consultant role to mentor you through thick and thin. Our creative and dynamic approach means we’re always on hand with the fresh thinking and personalized advice our clients need. As partners, we work side by side with clients to understand their ambitions and tackle their challenges. We take utmost pride in providing quality services without compromising on the core values of fairness, integrity, ethics, trust and client satisfaction. Our commitment and the cherished values have enabled us to successfully expand our footprint in the UAE with 9 offices and over 250 staff.

3. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 03 www.krestonmenon.com Chairman’s Message We are today in a world where change is the only constant in life. For businesses to become successful in this era of constant change, the very mindset of its main asset, which is its people, should be tuned to this eventuality. With Artificial Intelligence (AI) knocking on the doors, this is the time to seize the opportunity and use the capabilities of AI with the traditional intelligence of mankind and carve a new world order. We at Kreston Menon have been preparing for this and are ready to acknowledge change as a constant way of life. As we enter a new year of hope, optimism and enthusiasm, I wish all of you a successful year ahead.

4. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 04 www.krestonmenon.com Kreston Menon Core Services . Audit & Assurance . Business Advisory & Consulting . Financial Accounting & Advisory Services (FAAS) . Taxation Consulting . Technology Consulting . Compliance & Anti-Money Laundering . Corporate Governance, Risk, Compliance (GRC) . Corporate Finance Consulting . Company Registration & Corporate Services . Bookkeeping & Accounting Services . Payroll Services

5. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 05 www.krestonmenon.com Audit & Assurance The role of Audit in the present business environment is growing in stature. With business processes becoming more and more sophisticated, the need of the hour is to develop competencies which are capable of providing the business community with the assurances it needs on its business operations. Understanding the client’s business is a key phrase we at Kreston Menon have adopted to ensure we meet our client’s expectation with respect to the attest function.

6. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 06 www.krestonmenon.com Financial Accounting & Advisory Services (FAAS) .IFRS Implementation & Advisory .IFRS Policy & Manual .Transaction Advisory Services

7. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 07 www.krestonmenon.com Business Advisory & Consulting Business success in today’s world is a combination of several factors. And it is very common knowledge that every business house does not have every business solution. However, the key to successful business is the business managements acceptance of this fact and using external consultants to bridge the gaps. This is where Kreston Menon comes to your assistance. Our services cover a broad spectrum of consulting requirements, with the main focus being on Business & Financial Advisory, Risk & Performance Advisory and Valuation & Transaction Support. The market in the UAE and GCC is complex and requires authentic data and information to enable business to harness the dynamic business environment prevailing in the UAE and GCC. Kreston Menon possesses in-depth knowledge of industry conditions and markets in this region and through our widespread contacts and access to regional databases we are able to provide insightful research results to our clients. Kreston Menon has a proven track record of completing projects across multiple industry verticals, within specified timeframes, and we have made a name for ourselves as a highly reliable advisory firm. Our client list includes the Who’s Who of the UAE from both the government and private sector organizations. Our technical expertise enables us to provide customized solutions that address the specific needs of clients. By strategically managing business needs of our clients we ensure lower risk and greater profitability for their business.

8. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 08 www.krestonmenon.com Taxation Services The Value added Tax, commonly called VAT in business parlance, is the most common type of consumption tax levied on goods and services. On 1st January 2018, VAT became an integral part of businesses in the UAE. While offering limited exceptions to some categories including basic food items, healthcare and education, Value Added Tax will be collected at the rate of 5 % on the goods and services, at each step of the supply chain. The new VAT system will be implemented across the GCC countries, although possibly on different dates, at different rates. UAE and Saudi Arabia implemented it w.e.f. 1 January 2018.

9. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 09 www.krestonmenon.com Technology Consulting To tackle the unique business challenges in an increasingly digital world, Kreston Menon has two separate divisions. We recognized the need to have specialist teams in place to handle website development and software development. An online presence that is visible, robust and highly engaging gives out the message that you’re a force to reckon with, and that you are serious about your business growth. In a world where people are increasingly turning to mobile devices for making crucial purchase decisions, you cannot afford to be left behind. Kreston Menon is your partner for technology solutions. Our innovative thinking and strategic planning combines with our deep expertise to help you sail through the most turbulent challenges.

10. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 10 www.krestonmenon.com Compliance & Anti-Money Laundering .Compliance policy & procedure . Compliance monitoring plan . Transaction monitoring advisory . Regulatory return review . Corporate Trainings . Compliance in sourcing

11. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 11 www.krestonmenon.com Corporate Governance & Risk Management GRC service assists organizations to effectively monitor and manage risk and ensure compliance to regulatory requirements. It may so happen that a conflict of interests may arise – some of the regulations may not exactly promote business growth. The trick is to strike a fine balance between the two. Complying with governmental regulations is not optional, it’s mandatory. At the same time, you cannot lose sight of your business goals. Juggling the two may be a difficult task; this is exactly where we come in. GRC team at Kreston Menon have the experience to help you manage risk and ensure compliance to regulatory requirements.

12. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 12 www.krestonmenon.com Corporate Finance Our strength in this arena ranges from raising capital to capital structuring, financial feasibility to fund placement, from joint ventures to acquisitions or business disposal, and more. We also assist our clients in preparing the requisite documents, completing the legal formalities, to get credit facilities, raise equity, release/invest in Bonds and Sukuk, revolve credit, get credit rating, and so on. We serve government organizations, sole proprietorships, family owned businesses, private equity, individuals with a high net worth, shareholders, creditors and multinational corporations. Whatever be the action you are considering, our team will be with you, providing sensible and decisive financial advice and seamless, customized solutions from the first stage of the transaction, right up to its completion. We will bring all of our industry expertise and transactional know-how to the table to make sure that the outcome is successful for you.

13. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 13 www.krestonmenon.com Payroll Services Outsourcing your payroll processing to Kreston Menon can be beneficial. Our customized payroll solutions to our clients include: . Monthly Payroll Services . Ensuring compliance with Wage Protection Systems . Payroll tax returns . Payroll reports

14. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 14 www.krestonmenon.com Company Registration & Corporate Services The great economic and political environment that United Arab Emirates (UAE) provides makes the UAE a very favorable destination to many global entities and aspiring entrepreneurs. They continue to set up busi- ness in Dubai, Sharjah, Abu Dhabi and other cities within the UAE. Incorporation of new companies is much easier here compared to other countries, though there are still regulations that need to be followed, and documentation to be completed. Kreston Menon provides comprehensive solutions for those planning to incorporate, establish, and run their business in the UAE. Our incorporation team ensures seamless company registration in Dubai and other part of the UAE. We are proud to mention that we work closely with several government agencies in the UAE and are intimately familiar with the intricacies of government procedures and their working. Our company incorporation services take away all the incorporation hassles off you. Right from conducting feasibility studies to assisting in deciding the best place and legal form for your enterprise, securing the physical space required, helping comply with regulations, obtaining licenses and manpower services, we are with you in every step of the process.

15. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 15 www.krestonmenon.com Bookkeeping & Accounting Services With the rapid globalization of markets, the emergence of free trade zones and the vast opportunities provided by the expanded common markets, financial accounting has become a lot more complicated. And if the past few years are any guide, the future might hold more regulations, new requirements, and a rising compliance burden. Kreston Menon Chartered Accountants is one of the leading accounting firms in GCC – a professional services firm that has been contributing to the success of its clients by creating value and confidence, allowing them to move forward confidently in the new economy. We ensure that our accounting services standard keeps up with the convergence of accounting and auditing standards throughout the world, and are committed to maintain the highest level of professional standards and quality for company’s financial accounting to meet global standards. The success of every business ventures is directly linked to maintaining the confidence of its stakeholders, viz, shareholders, lenders, customers, suppliers, regulators, and society in general. We provide insights to accounting and auditing guidance for our clients, which is a key factor that is critical for successful business and for implementing accounting exercises effectively. Earning an independent assurance report from Kreston Menon Chartered Accountants is one of the actions a company can take to earn the trust with stakeholders. Our achievement of being awarded the most acclaimed Superbrand status for four consecutive years not only implicated our breadth and depth of commitment, knowledge and technical expertise, but also strengthened our position as the top Accountants in GCC. Our commitment towards upgrading internal knowledge and support technology for our audit professionals allow us to be abreast with the latest tools and knowledge to deliver quality services to our clients. Ethical standards and professional integrity form the backbone of our service. With years of excellence in the industry, Kreston Menon offers the best Accounting Services, GCC can hope for.

16. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 16 www.krestonmenon.com Contact Us Dubai Kreston Menon, Level 15, Lake Central, Marasi Drive, Business Bay, P. O. Box : 55535, Dubai, UAE dubai@krestonmenon.com +97142762233, +97144221680 JAFZ Office No. 1214-1215, 12th floor JAFZA One – A, P.O. Box: 61136 Jebel Ali Free Zone, Dubai, UAE jebelali@krestonmenon.com +97148871727, +97148813229 Hamriyah ELOB Office No.E2-115 G-08, PO box 50821, Hamriyah Free Zone Sharjah, UAE hfz@krestonmenon.com +97165758899, +97165758896 Sharjah 203, Liberty Al Soor Building Al Mena Road, P.O Box 5199 Sharjah, UAE sharjah@krestonmenon.com +97165758899, +97165758896 DAFZ Office 429 – 5EA, East Wing Dubai Airport Free Zone (DAFZ) P.O. Box : 371076, Dubai, UAE dafz@krestonmenon.com +97146091019, +97146091020 KIZAD Office No.1, Kizad Free Zone Offices, Kizad HQ, P.O.Box 137257 Taweelah, Abu Dhabi, UAE kizad@krestonmenon.com +97124499005, +97144499126 Abu Dhabi 705, Abu Dhabi Plaza Tower – Bldg. # 17, Najda Street at Hamdan Street Crossing P.O. Box : 31616, Abu Dhabi, UAE abudhabi@krestonmenon.com +97126772727, +97126773737 Ras Al Khaimah Office No: 403,4th Floor Emirates Islamic Bank Building, Al Nakheel, P.O Box 28981 Ras Al Khaimah, UAE rak@krestonmenon.com +97172261007, +97172261009

17. ﻥﻮﻨﻴﻣ ﻥﻮﺘﺴﻳﺮﻛ 17 www.krestonmenon.com Thank You!