Company Market Research Report: Bookworks

Company Overview

• Name: Bookworks

• Mission: This company strives to transform financial services through innovation, excellence, and integrity. Their goal is to be the trusted advisor guiding clients toward financial success in an ever-evolving world.

• Vision: Bookworks aims to pioneer a new era in financial services, driven by innovation and unwavering integrity. Their vision is to empower clients to achieve financial clarity and prosperity.

• Established: 2017

• Founders: Two qualified partners with over 20 years of experience in the UAE market in fields related to accounting, audit, tax, and financial consultancy.

• Key People:

• Adham Kaddoura, Cofounder

• Hazem El Haj Khaleel, Cofounder

• Walid A. I. Mohammed, Chief Executive Officer

• Hazel Mae U. Espinosa, Office & HR Manager

• Headquarters: United Arab Emirates

• Number of Employees: Information not provided

• Revenue: Information not provided

• Known For: Bookworks is known for its excellence in accounting and consulting services across various industries in UAE, with a steadfast commitment to excellence, innovation, and client satisfaction.

Products

Bookworks specializes in providing a range of financial and advisory services, which include:

1. In Country Value (ICV) Services:

• Description: Assist businesses in complying with UAE's In-Country Value (ICV) program, designed to stimulate the industrial sector within the country.

• Key Features: Strategic alignment with federal procurement policies, enhancement of industrial competitiveness.

2. Audit and Assurance:

• Description: Deliver quality audit and assurance services to ensure financial stability and compliance.

• Key Features: Professional auditors, comprehensive audit reports, regulatory compliance assurance.

3. Accounting and Bookkeeping:

• Description: Provide accurate and timely accounting and bookkeeping tailored to client requirements.

• Key Features: Detailed financial records, expert advice, use of advanced technologies.

4. Business and Management Consultancy and Studies:

• Description: Offer expert consultancy services for business growth and management strategies.

• Key Features: Tailored consultancy services, experienced consultants, strategic planning.

5. Value Added Tax (VAT) Services:

• Description: Comprehensive VAT services covering compliance, filing, and strategic advice.

• Key Features: VAT registration and filing, compliance assurance, strategic planning.

Recent Developments

• New Initiatives: Implementation of the In-Country Value (ICV) Program on procurement policies of 45 federal government entities. This initiative is part of UAE's "Projects of the 50", aiming to enhance industrial competitiveness and support economic diversification.

• Corporate Tax Insights: Information has been provided regarding the upcoming Corporate Tax in UAE effective from June 2023. This includes clarifications on corporate tax rates and administration requirements for businesses.

Conclusion

Bookworks has established itself as a reputable leader in the financial advisory sector in the UAE since its inception in 2017. With deep-rooted expertise and an unwavering commitment to client success, the company continues to unlock financial potential through its expansive range of tailored services.