MEA UAE Business Awards 2017

44 MEA MARKETS / UAE BUSINESS AWARDS 2017 , My Business Consulting DMCC is a Dubai-based Corporate Services Provider. We invited Managing Director Kamelia Allow to tell us more about the firmand the services it provides. Most Innovative Business Advisory Firm 2017 Established in 2009, My Business Consulting are registered and licensed under the rules and regulations of the Dubai Multi Commodities Centre Authority, offering a wide range of business consultancy services. Kamelia outlines how the firm has worked hard since inception to provide the very highest standard of service to clients. “As the Leading Business Advisory Firm in Dubai, My Business Consulting has more than 17 years of extensive experience in the Accounting & Finance and Regional Management industries. Located in the Jumeirah Lake Towers Business District, the largest multipurpose Free Zone Development in Dubai, My Business Consulting DMCC is an ambitious and growing company in the heart of UAE that aims to guide foreign entities in the region in achieving their potential. “Launched at a time of global financial meltdown, we managed to assist individuals and entrepreneurs in company formation by identifying opportunities that yielded results. Today, we are recognized as the leading advisory firm for business setup for foreign investors in the UAE. This position has secured us clients from over 83 different countries around the world. From business owners to Wikipedia legends, from governors to ministers, private to HNW, from SME to World’s largest companies, we support a wide range of clients.” For this range of clients, the firm provides a full range of support services designed to meet their varied needs. My Business Consulting Experts assist clients with the setting up, structuring, managing and unwinding of legal entities for corporate management objectives in the UAE. Clients benefit from its personalized and hands-on approach, as Kamelia explains as she discusses the vast array of services the company offers. “Here at My Business Consulting, we provide registered office addresses and physical presence to our clients in the UAE. We have two core services areas: corporate services and accountancy services. Within the corporate sector, clients may appoint us as director, proxy- holder or company secretary for a corporate entity. We may also conduct the day-to-day management of these entities in compliance with applicable UAE laws and regulations. We also offer secretarial services and maintain statutory records, organize shareholder and board meetings, prepare documentation, and unwind and dissolve corporate entities. “Additionally, we support our clients operational, regulatory and governance requirements and assist them with director requirements. We provide clients with corporate directorship, registered offices and authorized representatives for their establishment, and trustee services for business structures. “In addition, in the accountancy sector we deliver accounting, bookkeeping, financial reporting, consolidation, assistance with financial audits, internal audit and controls. Cash flow, management reports, financial projections. Bank reconciliation. Internal audit. We also offer bank account management and services related to employee end of service benefits. “Within the reporting space, we offer full administration, including accounting, audit assistance, shareholder reporting, banking and regulatory reporting. “Alongside this vast array of service, our private client services provide corporate management services to private clients, such as international entrepreneurial families and high net worth individuals. We assist our private clients in the centralized management of their internationally located assets. We structure, manage and administer corporate entities in the UAE for HNW. We also assist our private clients with their accounting, financial reporting and consolidation obligations.” Overall, 2016 was a great year for My Business Consulting, and moving forward the firm are keen to build upon its currents success as Kamelia proudly concludes. “Through 2017 we have planned to dedicate this year to providing excellent customer service. We UA170015 are looking to become even closer to our clients, by blogs on weekly basis on subjects interesting to our clients and offering more surveys-more improved delivery of service. “In addition, changes in VAT are coming soon, therefore when the new VAT law comes up, we need to study these and then support our clients through these changes, by preparing them and advising them. Making sure all our clients do their annual audit at the end of the year, which will enable them to register and further take the benefits of it and preparing the clients with the new invoicing requirements will ensure that they have a smoother time, which will in turn ensure that they feel supported and enjoy working with us even more. “Ultimately, I have one philosophy in life: If you keep complain of no business or business is down, business will never come to you. You must chase the possibilities and embrace the challenges. In each situation there are good and bad sides, but we always look at the good as this is how you achieve greatness and ensure that you are never negative towards your customers.”