FRG Excellence in Service

FRG provides Audit, Tax and Consulting services

SERVICES

FRG provides Audit, Tax and Consulting services. Through empowered client service teams, approachable partners and sharp & quick decisions, we meet stakeholder expectations and help them to excel in the dynamic and challenging environments in which they do business.

  • Audit

    Business Tax Planning & Compliance

    Our specialist tax consultants offer advice and practical assistance in tax planning to minimize tax liabilities by ensuring the compliance of all possible taxation rules and regulations that may apply to you. We assist you in preparation / review of corporate tax returns and tax computations, advice in taxation matters, certification etc.

    FRG Tax Compliance Services can provide your organization with scalable, flexible, and cost-efficient options to address shifts in your tax compliance support needs. Our tax compliance framework addresses the needs of organizations of various sizes and complexity.

    International Corporate & Personal Tax

    The effective management of international tax on operations around the globe is one of the biggest challenges faced by cross border businesses and individuals. Our specialized tax expert advice on all aspects of international tax planning helps cross border businesses and multinationals to achieve their business goals in a tax-efficient manner.

    Tax Accounting

    Today's business and tax environment is increasingly complex, there are more and more demands for transparency and tax departments are under pressure to be more effective.

    To help you respond to these demands, we provide assistance in three key areas:

    • Tax accounting: It supports quarterly and annual tax provision calculations, validating tax accounts and implementing new accounting standards under IFRS and/or local GAAP
    • Tax function performance: This aims to improve operating strategy and organization design, tax process and controls, and data and systems effectiveness.
    • Tax risk: Identifying and prioritizing key risks and assisting with controls monitoring and remedial actions.

    Our talented people, consistent global methodologies, tools and unwavering commitment to quality service will help you build strong compliance and reporting foundations, and effective risk management protocols, helping your business achieve its potential.

  • Advisory Services

    Successful organisations know the importance of strategy. Indeed, the fundamental enabler of strategy — the source of competitive advantage— is distinctive. It is often built through the optimal management of the resources at the disposal of the business enterprise and involves investors, employees, suppliers, technology and assets. We offer our unparalleled, exemplary and innovative insights as well as expertise to our clients to ensure their success in today's highly competed and dynamic business environment.

    The services offered are as follows:

    Feasibility Study

    Feasibility study is an essential part of the business process and is conducted to assist decision makers to study, assess and analyze the costs & benefits of the proposed project. A proper feasibility study will focus on the potential impact on all stakeholders, based upon which the organization decides if the project should be implemented or not. It should also cover the various possible future scenarios and outline alternatives, highlight new opportunities and address matters that could affect the organization negatively.

    We have a proven track record of delivering high-quality solutions through our multi-disciplinary team approach. We offer (i) Market Feasibility Study (ii) Financial Feasibility Study and (iii) Vetting of Project studies.

    Business Valuation

    Business valuation is common in today’s business world either to facilitate a transaction or to understand the current situation of the business. Business valuation is an art and science. It follows certain established processes, procedures and principles to estimate the economic worth of a business.

    We extend our expertise in business valuation to our clients that has been widely acknowledged by the stake holders. Ability to understand and determine the value of a company has been one of the corner stones of the FRG services.

    Risk Management

    Business enterprises take many strategic and business risks and obviously they should be taking risks which have an economic meaning i.e. with favourable risk/reward ratio. The ever evolving business environment represents a constant challenge to organisations and is filled with uncertainties. A business enterprise, if not well-prepared to face the challenges that threaten its work efficiency or protect its cash flows may face disastrous consequences, including business collapse.

    Our Risk Management professionals can help by not only identifying and managing risks, but also by showing organizations how to turn risk into opportunity—and derive sustainable business value. Our areas of expertise include assessment and management of Financial risk, Credit risk, Supplier risk, Market risk, Operational risk and IT / Security risk and other Enterprise wide risks.

    Business Plan

    Business plans are the blue prints for building up a successful organisation. When a business enterprise enters a new market or develops a new product, it is essential to consider all the potential risks as well as the pattern of future cash flows and profitability. A business plan acts as a suitable yard stick to measure the business performance.

    Business plans require sound understanding of the long and short term objectives of the organization. It calls for the understanding of the business goals, identification of risk triggers, SWOT analysis and comprehensive financial plans, amongst others. No wonder business plans are treated as an important document for raising funds or mobilizing support.

    We help our clients in developing a comprehensive business plan. Depending upon clients’ requirement we develop 3 to 10 year financial model, giving the management a clear idea of what to expect in terms of money, industry outlook, competition and financial results. This, in turn, will enable the management to understand what exactly they want to do with their business unambiguously.

    Due Diligence

    Due diligence is a thorough verification process by an independent competent third-party on a company's business based on accounting and non-accounting data. Usually due diligence is conducted in order to value the company, as part of stake sale or merger & acquisition process. During a financial due diligence, several areas are studied such as key risks in the business, adequacy of management controls, quality of cash flows, quality of assets, liabilities as well as reliability of projections.

    Our due diligence services are supported by the dedicated industry knowledge and the broad geographical reach. The understanding of specific markets allows FRG to assess assumptions and projections and provide efficient, cost-effective services in a timely manner.

    Strategic Plans

    Strategic planning is a critical element for articulating a shared vision. It is essential for building the partnerships that are necessary for various functional divisions of the organizations to work together on common goals. Effective strategic planning is essential for moving initiatives forward and gaining the required support for investments.

    The benefits of strategic planning include the mobilization of support from stakeholders, organizational focus, and motivation of the workforce. It also provides long term perspective of the organizational growth.

    We help the clients to determine the right strategic priorities for profitable growth and offer support and practical solutions into achieving these growth objectives. We strive to identify the common critical needs that are shared by many stakeholder groups within the client's organisation.

  • Corporate Services

    Our team of experts can assist you in various corporate services – from company formation to financial management. Our various corporate services are given below:

    CFO Services

    A CFO plays a vital role and is instrumental to any business enterprise’s success. Prudent financial management is crucial for the owners and CEO to determine the future course of action. In some cases, the owners themselves are acting as CFO because they cannot identify a suitable strategy focused CFO. The biggest advantage for our client is that they get the support of a reputed firm such as FRG where a mix of multi-talented professionals having rich experience is available.

    Under CFO services, we offer services related to banking, financial management, and ensure alignment and optimum usage of various sources of cash. We offer our expertise in business plans, budget, projections, and MIS reports. We also track performance and participate in daily /weekly / monthly/ quarterly and yearly cash flow management.

    Company formation in the UAE

    UAE offers ultimate flexibility in company formation. Besides dozens of free zones (where foreigners can enjoy 100% ownership), foreigners can also start companies in the main land with a local sponsor. UAE follows investor friendly policies which attracts lot of business from all over the globe. Some of the advantages of commencing business in the UAE include 100% foreign ownership, no personal income tax, full repatriation of capital and profits, abundant and inexpensive energy, free currency movements and a robust economy with world-class infrastructure.

    We specialize in company formation services for free zone and main land. FRG’s professional business advisors have been providing a comprehensive range of company formation services to individuals and corporate companies around the world, adhering to the highest international quality standards and in full compliance with the existing rules and regulations to incorporate your business in any Emirate of UAE and/or GCC.

    Offshore Company formation

    Offshore companies are formed by small, medium and large business houses for various purposes. It is often identified as the best way to deal with tax planning, special purpose vehicles, trusts, etc. Going offshore provides not only strategic advantage but has become a competitive necessity as well. No wonder offshore companies have grown in popularity over the past decade in the GCC.

    Our experts in offshore company formation can help you to identify the most suitable offshore location for your entity. We have a network of associates and we are working closely with them to provide you with best solutions from the option of more than thirty overseas locations to form your offshore entity.

    Trade Mark

    A trademark is a recognizable sign, design or expression which identifies products or services of a particular business enterprise from those of its competitors. The trademark owner can be an individual, business organization, or any legal entity. The trademarks play an important role in brand identification and commercialization of a product or service. Trademark is an important asset for any business and the reputation built by a trademark on account of its quality or performance coupled with the customer satisfaction result in repeat business. The customer may not even know the name or the address of the manufacturer but the trademark act as an ambassador of the business enterprise.

    We support small, medium and large organizations and individuals to establish protect and enforce their trade mark and other intellectual property rights in the region through a network of associates and working closely with them.

    Formation of Trust & Foundation

    A trust comprises of a variety of assets intended to provide benefits to an individual or organization. The purpose of a trust varies from providing financial security to an individual (most often a child or grandchild) or supporting of charity or other non-profit activities. The flexible construction and confidentiality benefit of trusts and foundations makes them a best solution for a range of complex personal and corporate situations.

    FRG is independent provider of trust, fiduciary, corporate and fund services delivering personal and tailored solutions to international corporations, institutional investors and high net worth individuals and their families. We take the time to understand each client's personal and specific requirements and offer a full range of trust and foundation formation and management options.

    Listing & Compliance

    Listing on a stock exchange is an important step in the development of companies by providing capital for growth, creating market and liquidity to company’s shares and enhancing the profile and credibility of the securities. FRG is experienced in public offerings, listing and private placements, and provide guidance to clients at all stages of the listing and compliance process.

  • Corporate Finance

    Our team of experts can assist you in making strategic business decisions through focused transaction advice, business valuations, due diligence, effective merger and acquisition strategies, and financial modelling. Our various products in this category are given below:

    Debt Advisory

    Debt is an important source of capital for many business enterprises, which uses it to facilitate growth. Various types of debt finance are available in the capital market. Whilst vanilla bank finance such as working capital facilities are common, structured finance, asset securitization, off balance sheet financing, mezzanine financing, sukuks and bonds are also popular, especially to raise large amounts of debt.

    FRG can help you to create optimal financing solutions at the best possible terms. FRG helps companies that need to raise debt finance, refinance, or obtain waivers and amendments to existing finance arrangements. Our banking experts have authored books related to banking which is a proof of our levels of expertise. FRG’s expertise has helped clients to strengthen their banking relationships. Our services include obtaining expression of interest (EOI), preparation of information memorandums, participation in lender meetings, debt structuring, pricing and negotiations.

    Equity Finance Advisory

    Dynamic business enterprises may be capable to identify lucrative business opportunities and may require additional capital to pursue them. Often internal expansions and strategic acquisitions will create tremendous value addition to business enterprises with the support of adequate equity capital.

    We help companies to raise adequate equity capital through private placements. We offer an efficient, smart, cost effective and confidential way to raise equity capital. Our experts offer comprehensive solutions to raise equity capital for both established and high-growth clients. We have access to a broad range of investors and we strive to obtain the most favourable terms for our clients. Our services include business valuations, preparation of information memorandums, participation in investor meetings, structuring and negotiations.

    Mergers & Acquisition

    Mergers & Acquisitions are popular in corporate world as it is an important value creating tool for business enterprises. It is a rapid way to achieve business growth and brings in several advantages like cost reduction, pooling of resources and associated synergies. It is critical, prior to a transaction, to identify how the M & A would increase the value of the business enterprise.

    Whether dealing with smaller transactions or mega- cross border deals, FRG delivers a better understanding of business needs — resulting in a more cost-effective, client-oriented service. We can also help you to create optimal financing solutions. Our experts have acted as lead financial advisers for several acquisition deals and has worked with clients to prepare strategic business plans and information memorandums and participated in the process ensuring successful conclusion of deals.

    Divestments

    Business enterprises pursue divestments as a strategic tool to move away from non-target sectors or to free up cash or pay down debt. This requires review of business portfolios and positioning of assets, as well as their contribution to broader strategic goals. Dynamic business enterprises can use divestments as a value building strategy.

    Disposing of business is a complex and time consuming process. FRG offers assistance in maximizing your sales proceeds, complete the sale in the shortest possible time frame and protect your interests. Our assistance can cover all stages of sales process, where we employ a wealth of knowledge, experience and expertise to ensure achievement of optimum results.

    Project Consulting & Finance Modelling

    Successful completion of projects is a complex activity and there are specific challenges involved while attempting to develop the appropriate finance structure to manage risks constructively.

    FRG has a specialist team providing project finance, advisory and support services to its clients, as well as expert financial modelling and model assurance services. We have considerable experience in advising on projects, especially in project feasibility assessment and structuring. The team operates as an integrated unit and we deliver client assignments that span multi-disciplines and also incorporate input from our tax and accounting experts.

    Property Advisory

    UAE is one of the leading property and real estate markets in the world. UAE real estate and property market witness tremendous growth potential to support the strategic initiatives especially those related to infrastructure, 2020 Expo and tourism. Investors who look into the opportunities offered by UAE real estate and property sector need the support of professional financial consultants and auditors with rich regional experience for support and consulting.

    FRG has drawn impetus from the growth dynamics of UAE over a decade and offers top-notch consultancy services on all matters pertaining to property investment in Dubai and other emirates of UAE. We offer one-stop-solution shop for all client requirements and conduct investment viability study, market study, vendor due diligence, identify properties, provide expert corporate finance advice, facilitate repatriation of funds and comply with legal, tax and other regulatory requirements.

  • Tax Advisory

    FRG Business Tax services are designed to meet your tax compliance and advisory needs. Our tax professionals draw on their diverse perspectives and skills to give you a seamless service through all the challenges of planning, financial accounting, tax compliance and maintaining effective relationships with the tax authorities.

    Our experts can provide you with strong compliance and reporting foundations and sustainable tax strategies.

    Business Tax Planning and Compliance

    Our specialist tax consultants offer advice and practical assistance in tax planning to minimize tax liabilities by ensuring the compliance of all possible taxation rules and regulations that may apply to you. We assist you in preparation / review of corporate tax returns and tax computations, advice in taxation matters, certification etc.

    FRG Tax Compliance Services can provide your organization with scalable, flexible, and cost-efficient options to address shifts in your tax compliance support needs. Our tax compliance framework addresses the needs of organizations of various sizes and complexity.

    International Corporate & Personal Tax

    The effective management of international tax on operations around the globe is one of the biggest challenges faced by cross border businesses and individuals. Our specialized tax expert advice on all aspects of international tax planning helps cross border businesses and multinationals to achieve their business goals in a tax-efficient manner.

    Tax Accounting

    Today's business and tax environment is increasingly complex, there are more and more demands for transparency and tax departments are under pressure to be more effective.

    To help you respond to these demands, we provide assistance in three key areas:

    • Tax accounting: It supports quarterly and annual tax provision calculations, validating tax accounts and implementing new accounting standards under IFRS and/or local GAAP
    • Tax function performance: This aims to improve operating strategy and organization design, tax process and controls, and data and systems effectiveness.
    • Tax risk: Identifying and prioritizing key risks and assisting with controls monitoring and remedial actions.

    Our talented people, consistent global methodologies and tools and unwavering commitment to quality service will help you build strong compliance and reporting foundations, and effective risk management protocols, helping your business achieve its potential.

Excellence in Service

FRG combines a multi-disciplinary approach drawn from a pool of expert talent to ensure excellence. Our deep, practical industry knowledge and experience enable us to serve our clients to meet challenges and utilise opportunities.

We consider our greatest strength is our ability to understand the needs of our clients and extend combined business experience of our professionals by creating customized solutions that meet clients’ needs.

Our service teams are committed to deliver value to our clients – from SME to large corporates doing cross border business.

FRG has been approached by leading international of audit & advisory firms based in the USA and Europe to make tie-up with them for MENA region. We believe this reflects recognition for our commitment to deliver technical excellence and the highest standards of professionalism and client service.

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