UAE
Nexdigm Consulting Limited (Formerly SKP Business Consulting Limited)
UAE is currently in a phase of major economic policy and strategic reforms. In a changing global environment, they are taking several initiatives to attract inbound investment across key industries. It is crucial to navigate these changes adeptly while investing in these avenues, in order to capture the maximum value for your business.
Their policy reforms focus on attracting FDI by increasing the Ease of Doing Business. These include -- granting instant licenses to companies, prolonged residency permits to investor professionals, etc. to add attraction to the existing 0% corporate tax rate (for most sectors). Further, the new Investment Law, 2018 is expected to attract considerable FDI to the economy by allowing 100% investment in selected sectors.
Key strategic steps have been taken to pump investment into Key sectors. UAE opted to host World Expo 2020, which is expected to result in an injection of nearly USD 40 billion into the economy. Dubai’s Smart City Project 2021 aims to build technology based upgrades to 8 key industries- telecommunication, tourism, utilities, education, buildings, pubic safety, transportation and healthcare.
These initiatives will be supported by public spending, as well as Public Private Partnerships over the coming years.
We recognize the needs of global businesses as varied, requiring not merely solutions, but complete, 360-degree solutions. Stemming from your needs, we provide services that address all aspects relevant to a business from conceptualization to implementation and continuance.
Our global network and associations helps us provide you with expert guidance on your business journey. We aim to help you capture your business potential, by anticipating, preparing for, and addressing concerns across the Business Life Cycle.
Our Services
Incorporation
Support in Location Selection
Registrations and Liaising with Authorities
Compliance Services
Corporate Income Tax Advisory and Restructuring
Company Secretarial Compliances
Consulting Services
Corporate Income Tax Advisory and Restructuring
Our Experience
Oleo-Chemical
Nexdigm was engaged by a manufacturer of oleochemicals and personal care products to identify the root cause for the contract manufacturing company making losses.
Financial Services
Nexdigm has been providing outsourced Finance Officer Services for entities registered in the Dubai International Financial Centre (DIFC) under Dubai Financial Services Authority (DFSA) regulations over the last two years.
Oil and Gas
Nexdigm was appointed by a European company to conduct financial due diligence on an Abu Dhabi-based target company having a presence in the Middle East and India into non-destructive testing (NDT) services for the oil and gas industry.
Client Speak
“Nexdigm has been a trusted advisor and service provider over the last few years. The team exceeded our expectations in the recent assignment of Financial Transformation and Accounting Advisory for Doby Verrolec. The speed and accuracy of work was commendable; it promptly enhanced transparency on the operations and working capital management. Thanks to Nexdigm, we were able to improve accounting processes for accounts payables, inventory, and compliances. Additionally they identified significant savings, which allowed for a significant reduction of working capital by almost 10-12%. They have been a reliable project partner, provided comprehensive and structured financial information helping us to take time-sensitive strategic decisions."
Sven Dettmer
General Manager, Doby Verrolec
Articles
Webinars
- UAE Economic Substance Regulations – Preparing first Annual Return and Revised Notification
- Equip your Business for the Oman VAT
- Retrospective amendment to ESR in UAE
