At PrimeFour Consulting, we extend beyond conventional payroll services. Whether you are a burgeoning business start-up or an established company seeking operational efficiency, our dedicated team of experts stands ready to provide unparalleled back-office services. With a primary focus on payroll processing, we commit to seamlessly managing the monthly payroll cycle and promptly delivering the requisite payroll reports.

Choosing PrimeFour Consulting ensures that your payroll processing needs are met with precision and efficiency. Our staff is dedicated to handling all aspects of payroll administration, allowing you to divert your attention to core business matters. As your trusted partner, PrimeFour Consulting goes beyond payroll processing, offering a suite of services, including assistance with management accounts, investment accounting, and other accounting services. Elevate your payroll experience with PrimeFour Consulting – where excellence meets outsourcing.

Request for Our
Free Consultation

Don’t miss out – take advantage of our free consultation and take the first step towards achieving your goals

FAQ's

A Freezone Company in the UAE is a business entity established within a designated free zone, offering foreign investors various advantages such as 100% foreign ownership, tax exemptions, and simplified import/export procedures.

Yes, both individuals and foreign corporate entities can own a Freezone Company. This is one of the key advantages of setting up a business in a UAE free zone.

Corporate Tax is a type of direct tax imposed on the net income or profit of companies and businesses. It is also known as "Corporate Income Tax" or "Business Profits Tax" in some regions.

The UAE Corporate Tax becomes effective for Financial Years starting on or after June 1, 2023.

For example:

  • A business with a Financial Year starting on July 1, 2023, is subject to UAE Corporate Tax from that date.
  •  A business with a Financial Year starting on January 1, 2023, will be subject to UAE Corporate Tax from January 1, 2024.

Yes, UAE Corporate Tax applies irrespective of the ownership nationality. It covers entities locally or internationally owned.

The UAE introduced VAT to diversify income sources and maintain the high standard of public services. It is a 5% tax applied to most goods and services.

Let us say a mobile phone is manufactured and sold through various stages—manufacturer to wholesaler to retailer, and finally to the consumer. At each step, a 5% VAT is applied, and businesses can claim a refund on the VAT they have paid on their purchases.

The standard VAT rate is 5%, but there are categories like zero-rated (0% VAT), exempt (no VAT), and deemed supplies.

Businesses must register for VAT if their taxable supplies exceed AED 375,000 per year or voluntarily if it exceeds AED 187,500.

Accounting is the systematic recording, reporting, and analysis of financial transactions, while bookkeeping involves the daily recording of financial transactions.

Accounting provides a clear picture of your financial health, helps in making informed decisions, and ensures compliance with financial regulations.

Our Testimonials

See what our valuable clients tell about us