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đźš©Corporate Tax Filing – Sep 2025 deadline | đźš©AED 10,000 penalty | Corporate Tax Payment – same as filing date | Late payment penalties daily | VAT Filing – Quarterly/Monthly | AED 1,000 first penalty | VAT Payment – Same day as filing | 2% immediate penalty | Audit Report Due – Within 6 months of year-end | Non-compliance fines | License Renewal – Before expiry | Trade license blocked | Economic Substance Report – Jun 2025 | AED 50,000 penalty | UBO Declaration – Annually | AED 100,000 penalty   |  
IQFA

Manufacturing & Industrial

A. Accounting Services
  • Raw material vs. finished goods costing
  • Production-based cost center reporting
  • Payroll for factory workers & time sheets
  • Inventory valuation and adjustments
B. Operational Challenges
  • Work-in-progress (WIP) tracking
  • Machine maintenance cost accounting
  • Complex BOM (bill of material) handling
  • Labor and overtime monitoring
C. Our Strategic Input
  • Real-time cost per unit calculation
  • Loss/wastage tracking and analysis
  • VAT on input materials and finished goods
  • Factory vs. HO financial segregation
D. Reports We Provide
  • Production vs. sales reports
  • Stock movement with alerts
  • Segment-wise profitability