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Finance World Magazine| Edition: March 2024

This month’s edition of the Finance World Magazine focuses on the intricate world of tax and accountancy in the UAE, exploring its profound economic implications. The focus is on understanding how the introduction of corporate tax in the UAE has shaped the business landscape, with a spotlight on its influence across various sectors such as real estate, tourism, and sports. The cover story unveils leading tax and accountancy firms in the UAE, providing insights into their pivotal role amid the implementation of Corporate Tax. Between the pages is an exclusive interview with Nirav Shah, Director at FAME Advisory, who shares valuable insights into the essential skill set required to navigate the challenges and opportunities for businesses in the UAE within this new tax framework. The magazine features articles that explain the significant role of accountancy in facilitating smooth mergers and acquisitions, as well as effective personal finance management. Additionally, the article, "Investment Fund Taxation and the Path to Corporate Tax Exemption in the UAE," serves as an ultimate guide to understanding Investment Fund Tax Exemptions in the region. In alignment with emerging global trends, we bring you an exclusive interview with Malak Fouad, the Creator and host of the 'What I Did Next' podcast and Founder of A&T Media. She shares her journey in establishing the podcast and provides a unique perspective on working with a diverse group of intellectuals. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

This month’s edition of the Finance World Magazine focuses on the intricate world of tax and accountancy in the UAE, exploring its profound economic implications. The focus is on understanding how the introduction of corporate tax in the UAE has shaped the business landscape, with a spotlight on its influence across various sectors such as real estate, tourism, and sports.

The cover story unveils leading tax and accountancy firms in the UAE, providing insights into their pivotal role amid the implementation of Corporate Tax. Between the pages is an exclusive interview with Nirav Shah, Director at FAME Advisory, who shares valuable insights into the essential skill set required to navigate the challenges and opportunities for businesses in the UAE within this new tax framework.

The magazine features articles that explain the significant role of accountancy in facilitating smooth mergers and acquisitions, as well as effective personal finance management. Additionally, the article, "Investment Fund Taxation and the Path to Corporate Tax Exemption in the UAE," serves as an ultimate guide to understanding Investment Fund Tax Exemptions in the region.

In alignment with emerging global trends, we bring you an exclusive interview with Malak Fouad, the Creator and host of the 'What I Did Next' podcast and Founder of A&T Media. She shares her journey in establishing the podcast and provides a unique perspective on working with a diverse group of intellectuals.

Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

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Cover Story<br />

Shlok Tax Consultancy stands out as a leading tax<br />

consultant in Dubai, boasting an impressive 27-year<br />

legacy in the UAE market. As a registered tax firm<br />

with a robust reputation, they are committed to delivering<br />

expert guidance and comprehensive services to their<br />

clients. The team, comprising experienced professionals,<br />

navigates the intricacies of the local tax landscape, ensuring<br />

clients receive accurate and up-to-date advice tailored to<br />

their specific needs.<br />

Whether clients require assistance with tax planning,<br />

compliance, or resolving complex tax matters, Shlok Tax<br />

Consultancy positions itself as a reliable and efficient<br />

solution provider. Clients can trust the consultancy to<br />

navigate the complexities of the tax system and optimise<br />

their tax strategy for maximum benefits.<br />

Bharat Vyas is the Managing Director of Shlok Tax<br />

LLC. With two decades of experience in the UAE market,<br />

the consultancy under Vyas’s leadership has become the<br />

premier choice for expert tax guidance and services. Vyas<br />

takes pride in the registered tax firm and its dedicated<br />

professionals, emphasising their commitment to delivering<br />

excellence in all aspects of their work. The personalised<br />

approach ensures a deep understanding of the client’s<br />

unique goals and requirements, offering tailored solutions<br />

to optimise tax strategies, ensure compliance, and resolve<br />

complex tax matters.<br />

Shlok Tax Consultancy values long-term relationships<br />

and strives to provide exceptional service, integrity, and<br />

professionalism. Clients can rest assured that their tax<br />

matters are in capable hands, contributing to their ongoing<br />

success. The consultancy is grateful for clients choosing<br />

them as their trusted tax advisor and looks forward to<br />

further contributing to their success.<br />

In terms of services, Shlok Tax Consultancy covers a<br />

wide range, including audit and assurance, accounting services,<br />

and tax outsourcing. Their professionals, equipped<br />

with the highest standards, ensure clients’ needs are met<br />

with precision and care.<br />

With a client distribution of 50% in the mid-market segment<br />

($10 million to $1 billion) and 25% in the enterprise<br />

segment (exceeding $1 billion), Shlok Tax Consultancy<br />

demonstrates its versatility in catering to businesses<br />

of varying sizes. Serving diverse industry sectors, the<br />

consultancy positions itself as a comprehensive solution<br />

provider in the competitive tax consultancy landscape.<br />

As they continue to uphold their commitment to excellence,<br />

Shlok Tax Consultancy remains a trusted partner<br />

for businesses seeking expert guidance in tax matters.<br />

Fiscal Excellence:<br />

A Spotlight on UAE’s<br />

Tax and Accounting<br />

Consultancy Titans<br />

40 www.thefinanceworld.com <strong>March</strong> <strong>2024</strong>

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