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The consulting industry in the United Arab Emirates has experienced significant change, particularly in international tax advisory services. The demand for expert tax consulting has increased due to the growth of multinational firms and families with international operations. Due to their proficiency in navigating intricate international tax environments, consultants in the UAE are in high demand and provide advice and implementation services across numerous jurisdictions. They serve as a single point of contact for streamlining tax methods, guaranteeing compliance, and supplying customized solutions that cater to the requirements of international clients.Based out of Dubai and established in 2014, Fame Advisory is a renowned boutique company in the United Arab Emirates. It provides specialist compliance, tax, and business structuring consultancy services. The company offers a wide range of services via a single platform, facilitating effective and convenient business advising. It is regarded as one of the most reputable consulting organizations in the UAE for company structuring, tax compliance, and financial advising due to its commitment to providing industry leading services.
Services for Global Business Solutions
Fame Advisory provides a wide range of services to address the intricate requirements of families and multinational companies traversing global tax environments. The company, which specializes in Corporate Structuring, creates customized frameworks that boost competitiveness and performance while guaranteeing efficient governance and adherence to global standards. Its Corporate Tax Advisory and Compliance services offer clients counsel and strategic planning to reduce liabilities and prevent disputes, while also guiding them through the complexities of corporate tax responsibilities.
In addition to this, the company excels at Succession Planning, providing solutions for family asset management, will preparation, and wealth preservation that ensure a smooth transfer of wealth to future generations. VAT Advisory and Compliance services help clients with VAT audits and refunds, ensuring they accurately fulfill their tax obligations. The company also offers Business Advisory services, conducting internal audits and feasibility studies to maximize financial performance. Corporate services include assistance with immigration and company formation in the United Arab Emirates and other foreign countries. The company's expertise in AML compliance and Economic Substance Regulations (ESR) amplifies its service offerings by guaranteeing that clients minimize risks and manage regulatory environments with efficiency.
Fame Advisory serves two different categories of customers. “Clients in the first group have complicated tax concerns involving many jurisdictions, and they are looking for the best ways to balance tax laws across different nations. For example, Indian families seek advice from us if they wish to
continue living in India while making profitable and lawful investments outside”, adds Nirav Shah, Founder & of Fame Advisory. In addition to helping customers figure out what is feasible and offering advice on investment amounts and regulatory constraints, the company helps with investment structuring, comprehending tax consequences in both countries and navigating legal channels.
“The second category consists of UAE-based local companies that must overcome obstacles including comprehending and applying the new corporation tax regulations. We provide customized solutions for tax strategy optimization, compliance, and corrective action to maintain financial discipline”, informs Nirav.
The company offers thorough advice on upholding documentation requirements, keeping accurate books of accounts, and complying with all tax laws. Fame Advisory also manages tax filing and does recurring evaluations, providing comprehensive end-to-end assistance.
The Team
Nirav credits his team's collective knowledge and commitment to the company's success. Strong teamwork, aligned goals, and professionalism among team members have been crucial in the firm's growth and accomplishments. Senior leaders like Hemang and Udit, who have been with the company for almost ten years, make sure that its fundamental values are carried out precisely. Apart from his leadership responsibilities, Nirav is a dynamic leader in the sector, having written a book on UAE Corporate Tax and giving numerous speeches to disseminate knowledge across many platforms. This culture of sharing knowledge supports the company’s conviction that teaching and learning can lead to growth. Fame Advisory has been known as a boutique company that constantly provides value while upholding the highest standards of quality and customer satisfaction.
The team spends a lot of time and energy under standing the unique goals and problems of each client. The engagement process starts with a sequence of meetings in which the team collaborates closely with the client to precisely define their objectives and guarantee that they align with the most efficient and compliant procedures.
Vision for the Future
As it continues to grow and add more clients, Fame Advisory hopes to preserve the boutique firm qualities that set it apart. The company wants to grow at a healthy rate of 20 - 25 percent each year. To become a trusted advisor to larger and mid-sized international organizations across many juris-dictions, Fame Advisory intends to advance up the value chain in the upcoming years. It also intends to concentrate more on ultra-high net-worth families by providing customized, intricate solutions across many geographies. The company will continue to create value and confidence in the market by concentrating on larger clients and offering superior, tailored advisory services, which will guarantee long term success and sustainable expansion.
“The second category consists of UAE-based local companies that must overcome obstacles including comprehending and applying the new corporation tax regulations. We provide customized solutions for tax strategy optimization, compliance, and corrective action to maintain financial discipline”, informs Nirav.
The company offers thorough advice on upholding documentation requirements, keeping accurate books of accounts, and complying with all tax laws. Fame Advisory also manages tax filing and does recurring evaluations, providing comprehensive end-to-end assistance.
FAME Advisory provides expert financial and tax advisory services, offering seamless solutions for multicountry and local tax compliance
The Team
Nirav credits his team's collective knowledge and commitment to the company's success. Strong teamwork, aligned goals, and professionalism among team members have been crucial in the firm's growth and accomplishments. Senior leaders like Hemang and Udit, who have been with the company for almost ten years, make sure that its fundamental values are carried out precisely. Apart from his leadership responsibilities, Nirav is a dynamic leader in the sector, having written a book on UAE Corporate Tax and giving numerous speeches to disseminate knowledge across many platforms. This culture of sharing knowledge supports the company’s conviction that teaching and learning can lead to growth. Fame Advisory has been known as a boutique company that constantly provides value while upholding the highest standards of quality and customer satisfaction.
The team spends a lot of time and energy under standing the unique goals and problems of each client. The engagement process starts with a sequence of meetings in which the team collaborates closely with the client to precisely define their objectives and guarantee that they align with the most efficient and compliant procedures.
Vision for the Future
As it continues to grow and add more clients, Fame Advisory hopes to preserve the boutique firm qualities that set it apart. The company wants to grow at a healthy rate of 20 - 25 percent each year. To become a trusted advisor to larger and mid-sized international organizations across many juris-dictions, Fame Advisory intends to advance up the value chain in the upcoming years. It also intends to concentrate more on ultra-high net-worth families by providing customized, intricate solutions across many geographies. The company will continue to create value and confidence in the market by concentrating on larger clients and offering superior, tailored advisory services, which will guarantee long term success and sustainable expansion.