Our Services
Our Services
CFO Services
We are offering cost-effective solutions to build/grow your business or to streamline existing operations. Engagements are available for special projects or a long-term basis.
Services include but are not limited to
- Management support to CEO, CFO and CTO;
- Interim or permanent CFO-service;
- Management of the central division in Finance, Controlling, Accounting and Tax with a direct reporting line to the Executive Board of the Group or CEO;
- Internal controlling and tax audit of existing annual financial statements and joint ventures of the national or international group of companies;
- Preparation of the annual financial statements in accordance with local statutory regulations (GAAP) or IFRS;
- Technical and disciplinary management of the Finance team and its further development;
- Establishment, development and continuous improvement of financial and reporting systems (accounting or ERP) as well tax structure at national and international level;
- Development of processes, procedures and models that can be applied to control and manage financial and investment activities properly;
- Planning, implementation, documentation and defence of transfer pricing guidelines as well as the preparation of tax opinions on transfer prices;
- Management of all general accounting processes, financial reporting, tax reporting, inter- company processing, compliance, accounting procedures, internal and external audit, fixed assets, cash management as well as invoicing, contract management and cash collection;
- Development, creation and optimization of processes in the area of monthly reporting in connection with cash flow forecasts, budgeting, cost analysis, liquidity planning at the group level;
- Support tax audits;
- Contact person to the board, management, tax consultants, auditors, lawyers, banks and authorities in all questions concerning controlling, accounting, finance and tax.
Our highest priority is to achieve your company objectives!
Business Consulting
#start-up
We like to be part of something big, and every success story starts with the proper mindset.
We listen to you whether you are starting a new business, expanding an existing business or need a funding for a project. Our experience has shown that its better to make mistakes on paper rather than in the reality, and thus, business planning should be at the core of you organisation and business strategy.
Our approach is an overall advice from the very beginning.
#company formation
The various option available when setting up a company are complex and a time-consuming challenge. Especially in Dubai, you have a range of tons of Free Zones, Offshore-Jurisdiction as well as Mainland Dubai where each area have pro and cons.
In Addition, there are several ways to obtain a residence visa and not always is a company formation the best and most cost-effective solution.
We have gained substantial knowledge and guide you through every stage of the process which is customized to your needs.
#investment
Our network enables you to participate in interesting investment opportunities in Germany and Dubai. On your behalf we are searching for a tailor-made investment strategy, whether it is the acquisition of residential and commercial real estate or an interesting entry opportunity as an Investor Angel in start-ups or existing businesses, the range is broadly diversified.
It is particularly important to us that investments are linked to reputable partners and a secure return on investment. Therefore, we only trust in long-standing partners and specialists in this field.
#restructure
The rapid market changes often precipitate economic downturns, which compel companies to undergo business restructuring. On the other hand, the growth of a company over time requires an efficient structure of its activities which leads mostly to a group of companies.
We offer Business Restructuring Services to help clients streamline their business operations, optimize business efficiency and implement a company structure which is the best for future growth.
Decision-making basis you can rely on!
You want to impress your bank and your investors with your financial figures ? We assist you in producing all the aforementioned and important documents as business plans, profitability plans, and cash flow plans, and thus, we calculate the tax implications.
You want to optimise your business? We analyse your costs, do benchmark based on software figures of comparable enterprises, support your controlling, and analyse pending investments and financial decisions, e.g. purchase or lease, equity or debt financing, etc. We examine the precise consequences of these decisions for your next financial statements, including ratings, and structure your tax planning accordingly.
International Tax
International Tax Planning
Cross-boarder business activities open up the opportunity to reach international clients, to tap into the global market and to be even more successful internationally, a proper international tax planning contributes to this success.
Most important is a concerned planning, only then its possible to decrease the overall tax burden and minimize the risks for international operating companies. For instance, a successfully implemented cross-border value chain leads automatically to success due to the different tax jursidiction worldwide.
But only a proper transfer pricing documentation can underpin the determined prices and cross border transactions. We take over the benchmarking for different sectors and provide a transfer pricing documentation by applying the OECD Transfer Pricing Guidelines, especially according to BEPS (Base Erosion and Profit Shifting).
We also offer services according to the new established European Guidelines DAC 6 which were implemented in Germany on 01. July 2020 or the ESR (Economic Substance Regulation) which were published in U.A.E. in 2020.
Please feel free to contact us with you specific issue to figure out a customized solution.
AK-Goethe Consulting LLC provides international tax planning from the very beginning, a fiscal concept and strategy that helps you to avoid all the tax issues because we know the applicable double taxation treaties. On both sides, the tax opportunities but also the tax risks for your company.
Whenever required, our international tax planning practice cooperates with German and foreign tax advisers who share our demands for quality and competitive costs. We are proud to be able to offer you our comprehensive tax planning services internationally at highly competitive fee rates.
Financial Accounting
Our experience in financial accounting provides a proper and complete mirror to the actual business performance of your company to identify in early stages, risks, which can arise during your operations. We ensure the legal regulations in this area and deliver fast and on time. Our German and internationally recognised accounting software support us with the latest technology to connect all available sources in that matter.
We follow a single set of high-quality, global accounting standards, known as IFRS Standards and German HGB. Our Mission is to promote transparency, accountability and efficiency in accounting to get the best out of their financial and managerial resources.
Financial accounting is the basis of:
- Business Consulting
- Annual Financial Statement
- Tax Advice
Additional services, but are not limited to...
Financial Statement
Annual financial statements are essential to monitor the progress of the ongoing business. At the same time its the most important source of information for your bank, shareholders and business partners. It is important to present annual financial statements in a way to serve your varying business needs. But also to show your company’s economic strength and progress.
The annual financial statements are based either on your own financial accounting or ours. We reliably consider all requirements relating to commercial law and tax law. We deliver your annual financial statements by the requested date, and prepare opening balances, interim balances and cash flow statements.
In addition, we offer you an explanatory report, to showcase your business and highlight its impressive performance. We use technology-enhanced presentation techniques to structure and illustrate your record, with key figures and graphs providing further context. We analyse expenses and revenues. On the basis of the current and previous year’s figures, we assist you in developing a strategy that will promote your business.
On request, we assist you in presenting your annual financial statements to your bank.
Financial Forecast
"A financial forecast presents estimated information based on past, current and projected financial conditions, and helps to determine budget allocation".
Good financial planning can assist in the correct distribution of resources to the most relevant part of your business.
To improve profitability, it will help senior management in setting KPIs (key performance indicators) to specific business areas where they are most needed. This will help identify the behaviours and activities a department should perform – ultimately leading to increased profitability.
Project Controls
“Project Control is the road map to project success”
Projects can be successful only when they are delivered on time within in the budget and specified quality. In order to achieve these objectives, it is imperative to have solid project control systems in place.
We help to develop customized controlling tolls or integrate the existing accounting system to ensure an overview of the project flow.
Payroll and Visa
Many entrepreneur use outside payroll services, because its guarantee compliance with all local applicable laws. This keeps the company out of trouble with the law and save time they can use for the daily operation business.
We ensure accuracy and legal compliance, but also save the companies time to argument with employees regarding any deductions which can be time consuming.
Our coordination according to WPS go along with local laws and we are able to train own stuff of the company in that matter.
Secondment
We advise companies in contracting secondment packages wisely and under consideration of their home country regulations according to double tax treaties.
The structure of employment agreements, for instance, in the U.A.E., has specified adjustments on employer sides to avoid a too high severance payment on the end of the employment.
Cost Accounting
Your financial accounting can be enhanced by cost accounting. We will give you sound advice on the structure of your costs and revenues, set up cost centres for projects and business divisions, calculate cost units and gross margins, and tailor the cost accounting system to your company and the characteristics of your branch of trade.
Management Report
It is important to leverage effective Management Reports services for an efficient management of organizations. We help our clients evaluate their daily business performance, facilitate faster decision-making and drive excellence.
Specialized in providing Management Reports services across various business disciplines, we analyze and understand our clients business needs and create reports catered to their requirements.
Contact Us
Have a question? We are here to help. Send us a message and we’ll be in touch.
