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Broadway Accounting and Advisory Services

We provide all kinds of Accounting,Bookkeeping and Advisory Services

Broadway offers a comprehensive range of financial advisory services to corporate and SME clients across the GCC and South Asia. We combine the disciplines of strategy, organization, leadership and finance into an integrated approach to help our clients grow the long-term value of their companies.

Our Blog

Implications of VAT imp..

VAT Accounting There is some confusion within the construction industry about when VAT should be accounted for, given the number of documents and certificates issued by construction companies. VAT for contracts containing milestones or staged payments will need to be accounted for as soon as payments are received. When to account for output on supplies:… Read More »

VAT Registration Deadl..

Latest VAT Updates VAT applicability on Free zones: Supply of services by all free zone companies are taxable. Supply of goods between designated zones are not taxable subject to the terms and conditions specified in the Executive Regulations. Designated zones are likely to be fenced free zones and therefore all free zone companies supplying goods… Read More »

UAE VAT Impact on Educa..

VAT Basics All businesses having turnover exceeding AED 375,000 shall register for VAT. They must charge their customers VAT on the invoice amount, file quarterly returns and pay the VAT collected to the Authority within the stipulated time. Standard rate of VAT in UAE is 5%. In addition, some supplies are Zero rated and some… Read More »