Intuit Management Consultancy (IMC Group)

Company formation in free zones and on the mainland

IMC Group helps businesses set up in the United Arab Emirates, including company formation in free zones and on the mainland. It also handles company set-up in Singapore for clients who want a regional base. The firm frames its formation work as the first stage of a longer relationship, since a new company will need accounting, tax and compliance help soon after it opens.

Business set-up steps in the UAE and Singapore

The firm walks new businesses through the usual steps. These are choosing a type of legal entity, choosing a trade name, finding an office space, and then obtaining pre-approvals, registering the business and securing the licence. IMC says it handles the paperwork at each step so the client can focus on the commercial side of starting out.

PRO services and government paperwork

Its PRO services cover the government paperwork that surrounds a business and its staff. The work covers official clearances, residence visas, document translation and work cards, along with the paperwork that goes with them. The firm says these services can also bring a spouse, parents or children into the UAE through a family visa, a process it describes as fast and low in hassle.

Trademark filings and VAT registration

The firm assists with trademark applications, so a company can protect its name and brand as it grows. It also handles VAT registration, which means listing a business with the government as active in production and sales. IMC explains the basic rule that a registered business charges tax on the goods and services it sells and can only deduct VAT on purchases once it is registered.

Accounting, corporate tax and free zone compliance

Ongoing work covers accounting, bookkeeping and corporate tax, along with VAT and compliance. The firm's current material also refers to compliance advice for businesses operating within DIFC and ADGM, the financial free zones in Dubai and Abu Dhabi. It says that outsourcing bookkeeping and finance can be less costly than an in-house department, and that automated accounting software and financial reporting are part of its service.

Cross-border structures and family succession

For clients with interests in more than one country, IMC offers structuring advice and the management of entities across borders. Its material mentions helping individuals protect their wealth, organise assets across borders and plan family succession. The firm describes its structuring work as part of a single partner relationship that covers set-up, compliance and growth.

Who the firm works with

Its client base runs from multinational corporations and family firms to start-ups and wealthy individuals, the firm says. It describes itself as a cross-border advisory firm, and says it has advised cross-border groups since 1975. Its operations span the UAE, Singapore and India, and it is part of a wider network of about 13,000 people working in more than 170 countries.

Intuit Management Consultancy (IMC Group) is a cross-border advisory firm and a member firm of Andersen Global, with operations in the United Arab Emirates, Singapore and India. It describes its work as customised solutions that strengthen clients' businesses.

Services

• Company formation: setting up businesses, including in free zones in Dubai and company setup in Singapore.
• Business setup steps: choosing a legal entity type and trade name, finding office space, and arranging pre-approvals, registration and licences.
• Trademark applications: help with trademark filings.
• PRO services: government paperwork such as clearances, visa applications, document translation and labour cards.
• Family visas and VAT registration: family residence visas and VAT registration.

Customers and markets

Its clients include large companies, multinationals, small and medium-sized businesses, wealthy individuals, family firms and start-ups.

Key facts

• Network: member firm of Andersen Global, which was established in 2013
• Andersen Global scale: more than 13,000 professionals in over 170 countries