The focus of these investments on critical sectors such as infrastructure, energy, transport, and logistics underscores the strategic importance of this partnership. These sectors are crucial for the economic development of both regions and offer substantial opportunities for businesses engaged in trade. However, navigating the complexities of international trade requires robust financial support and expertise, especially in the dynamic and evolving markets of Africa.

At Gray Consulting Services, we understand the intricacies of these trade relations and are poised to support businesses with a comprehensive suite of financial solutions tailored for trade with Africa. Our services are designed to bridge the financial gaps and provide the necessary scaffolding for businesses to thrive in this exciting era of UAE-Africa economic partnership.

Our Financial Solutions for UAE-Africa Trade:

As consultants, we specialize in advising businesses on a range of crucial trade finance services essential for those engaged in UAE-Africa trade. Our expertise includes:

• Tailored Trade Finance Solutions: We offer expert advice on personalized trade finance options designed to meet the specific requirements of businesses operating in the UAE-Africa trade corridor. Our recommendations aim to mitigate the inherent risks of international trade, empowering businesses to navigate transactions with confidence.
• Working Capital Finance: We provide strategic guidance on securing working capital finance, recognizing its vital importance for the smooth functioning of trading enterprises. Our advice aims to optimize liquidity, supporting timely procurement of goods and fulfillment of orders.
• Back-to-Back Letter of Credit (LC): Our consultancy services include expert insights into back-to-back LC arrangements, offering a secure framework for transactions to safeguard the interests of all parties involved. We assist businesses in efficiently managing their trade commitments.
• LC Discounting and Confirmation: We advise businesses on optimizing cash flow and minimizing transaction risks through LC discounting and confirmation services. Our recommendations enable businesses to access funds swiftly and reliably, gaining a competitive edge in dynamic markets.

Connect with us to receive expert guidance on streamlining your trade finance strategies and unlocking growth opportunities in the UAE-Africa trade landscape.

CONTACT US
Call: +971 4 5139095
Whatsapp: +971 52 2215052
Email: info@grayconsults.com

1. Fund management services that are subject to the regulatory oversight of the competent authority in the State.
2. Treasury and financing services to Related Parties.
3. Manufacturing of goods or materials.
4. Ownership, management and operation of Ships.
5. Holding of shares and other securities.
6. Logistics services.
7. Financing and leasing of Aircraft, including engines and rotable components.
8. Reinsurance services that are subject to the regulatory oversight of the competent authority in the State.
9. Processing of goods or materials.
10. Headquarters services to Related Parties.
11. Wealth and investment management services are subject to the regulatory oversight of the competent authority in the State.
12. Any activities that are ancillary to the Manufacturing, treasury and financing services of related parties
13. Distribution of goods or materials in or from a Designated Zone to a customer that resells such goods or materials, or parts thereof or processes or alters such goods or materials or parts thereof for the purposes of sale or resale.

CONTACT US
Call: +971 4 5139095
Whatsapp: +971 52 2215052
Email: info@grayconsults.com

2.      Business Expertise: Our investors bring a wealth of industry knowledge and experience to the table. They have a keen understanding of market dynamics and can provide valuable insights and strategic guidance to help you make informed business decisions.

3.      Network Access: Partnering with our investors opens doors to a vast network of industry connections, potential clients, suppliers, and strategic partners. This can significantly expand your business opportunities and facilitate growth through meaningful collaborations.

4.      Long-Term Partnership: Our investors are committed to building long-term partnerships. They aim to actively contribute to your business’s success, offering ongoing support, mentorship, and resources as needed.

Are you looking for an investor partner to grow your profitable business venture in the United Arab Emirates (UAE)? Look no further! We have a network of investors ready to collaborate with you and take your business to new heights.

With ticket sizes ranging from AED500K to AED10 million, our investors are equipped to provide the necessary financial support to fuel the growth of your business. Partnering with our investors can provide the capital infusion needed to achieve your goals.

If you have a profitable business idea or an existing venture that requires investment, our network of investors is ready to discuss potential collaboration opportunities. Whether you’re in FMCG, Mfg, trading, technology, healthcare, real estate, hospitality, or any other industry, we can connect you with investors who are interested in your sector.

Take advantage of this opportunity to secure the financial backing and expertise you need to propel your business forward. Contact us today to explore how our #InvestorPartner can help unlock the full potential of your business in the UAE.

Why Choose us?

• One stop solution
• Faster processing
• Professional expert approach
• Better pricing & terms
• No upfront fee, we charge on success only.
• We make finance/ funding simple

CONTACT US
Call: +971 4 5139095
Whatsapp: +971 52 2215052
Email: info@grayconsults.com

Get the advantage of liquidity with a loan against your fixed deposits. Instead of liquidating your deposits in times of need, borrow against them as a loan or overdraft (OD). Draw as much as you need, and pay interest only on the drawn amount till you repay. Your deposits continue to earn interest for you.

Key Features & Benefits:

• Overdraft against the Fixed Deposit
• Loan against the Fixed Deposit
• Applicable to Indian nationals residing in the UAE (including Dubai, Abu Dhabi, Sharjah, and other emirates)
• For salaried and self-employed customers
• Higher loan tenor
• Multiple repayment options
• Low-Interest rates starting from 1.4% p.a. plus LIBOR.
• Continue to enjoy tax-free returns on your NRE deposit up to 5.5% p.a.

Process

• Open your FD account with the Partner Bank
• Get USD Loan / overdraft against your Deposits.

Use of Funds

• Your business growth
• Settle your existing high-interest debts
• Use for personal expenses/investments.

Contact your RM now for more details.
Call: 04-5139095 WhatsApp: 052-2215052

It is ideal for businesses that are looking for investment, disinvestment, business valuation, fundraising etc.  The Idea is gaining more clarity over your business and investments. This can be used by an Entrepreneur, Business Owner, Investor etc. It enables to make clear financial decisions for your business growth.

Basic Financial Models

• Three Statement Model – most basic setup for financial modelling, consisting of the three-statement model such as the income statement, balance sheet, and cash flow.
• Discounted Cash Flow (DCF) Model – most used valuation method, built on the 3-statement model to value a business’ future cash flow based on its Net Present Value (NPV)
• Budget Model – this is a popular model for creating a budget plan
• Forecasting Model – best use in a financial plan, to do a forecast, projection, and analysis

Advanced Financial Models

• Initial Public Offering (IPO) Model – commonly used by investment bankers and corporate development professionals to do a valuation of their business before going public
• Merger Model (M&A) – usually used by advanced financial modelers to conduct a merger and acquisition
• Leveraged Buyout (LBO) Model – another advanced financial model for creating a sound debt schedule
• Sum of the Parts Model – this kind of model is usually built by taking several DCF models and summing it up together
• Consolidation Model – in this model, instead of just one business, there will be multiple businesses added to one single model
• Option Pricing Model – there are actually two ways you can create with this kind of model, but basically, this is usually presented purely as mathematical and acts as a calculator rather than subjective

Benefits of financial modelling

• Find potential areas for improvement by identifying parameters which are not optimal compared to industry benchmarks. This will be a big help for you to identify synergies in M&A transactions and focus areas to work on when trying to increase a business’ valuation.
• Obtain a deep understanding of what value the business has and how the value is influenced.
• Obtain a better basis for capital allocation decisions and avoid making blind decisions. With financial modelling, all decisions can be justified in a traceable and rational way.
• Develop a solid budget and financial plan to obtain visibility on your financial future.
• The best way to achieve your business goals is to have a clear foresight and spend your efforts on the right areas in business. Before breaking the business into discrete pieces and asking yourself which direction each will go, first, look at the business as a whole and understand both what you, as an organization, are trying to accomplish as well as what the intended purpose of the model and start-up financial projections will be. Depending on the industry and use case, you will need to develop an optimal financial model.

Valuation Methods

• Income Approach – valuation method used for income-producing properties where it calculates the value based on the entity’s past, current, and forecasted cash flow to determine the intrinsic value. Under this approach are the commonly used and popular methods like the Discounted Cash Flow (DCF), Capitalization of Earnings (CoE), and Economic Value Added (EVA).
• Market Approach – used to determine the value of an entity by taking into account the market prices of entities that are comparable. There are three known methods that utilize this approach such as the Precedent Transaction Analysis, Stockmarket Multiples Analysis, and Relative Valuation Comparisons.
• Cost Approach – the value is determined by basing it on the balance sheet, generally used to value entities based on the market value of assets, cost to build, replacement cost, and liquidation value of the assets.

Each approach has advantages and disadvantages but depending on how you use it, you can definitely count on these approaches as a basic guide on how to value a business or an asset. After deciding which approach best suits your needs, the next thing to do is to create a valuation model. This will need you to spend time researching, calculating, and analysing. Sometimes you would need the need of experts to assist or guide you.

Purpose of Financial Modelling

• Valuation: Valuing a company or an asset
• Forecasting: Preparing a budget business plan/financial plan
• KPIs: Forecasting important key metrics such as break-even point, payback period, etc.
• Scenarios: Analysing the effects of different growth and financing scenarios on your business
• M&A: Buying/selling a company or an asset
• Investment and Capital Allocation Decisions: Making enhanced and rationale investment-decision based on solid financial analysis
• Fundraising: Bank financing, equity
• Financial Analysis: Obtaining a better understanding of the economics of your business and its value drivers
• Managing and Tracking: Keeping track of data metrics and to help with business management.

Contents of Financial Modelling

• Executive Summary sheet
• Financial overview
• Key assumptions capacity, market prices
• Charts and Graphs
• Project Metrics such as required Funding, total expected Profit, IRR, Payback, and NPV
• Uses and Sources of Funding Table
• Assumptions including currency, inflation rates, interest rates, depreciation period, tax rates, costs for Operations & Maintenance, etc.
• Sensitivity analysis for the key-value drivers
• Financials sheet
• Pricing forecast
• Revenue projections splits
• Detailed costs
• Income Statement
• Balance Sheet
• Cash Flow Statement
• Fixed asset schedule
• Forecasted financial ratios such as Debt/EBITDA, current ratio, etc.

Why Choose us?

Synergy can help you to develop financial model for your business and subsidiaries in Dubai, Abu Dhabi or other Emirates in the UAE for your local and international businesses and investments.

• One stop advisory solution
• Professional expert approach

Contact us for your requirement of:

• Energy Sector Financial Model
• Real Estate investment Financial Model
• Discounted Cash Flow (DCF) Valuation Model
• eCommerce Valuation Financial Model
• Mining Investment Financial Model
• Hotel Valuation Financial Model
• Internal Rate of Return (IRR) Project Finance Analysis
• Private Equity-Leveraged Buyout Model
• Farming Financial Model
• SaaS Valuation Financial Modelling
• Dairy Farm Valuation Financial Model

Call: 04-5139095

WhatsApp: 052-2215052

Email: Info@grayconsults.com

What is ADHICS?

ADHICS standard intends to enhance the healthcare cyber security in UAE to the next levels by meeting international healthcare cyber security and privacy practices. ADHICS also helps healthcare sector meet the compliance with UAE Information assurance standards. It is the first-of-its-kind standard that aims to provide a comprehensive guide to healthcare entities and professionals for the regulation of the healthcare data in Abu Dhabi.

What is the Scope of ADHICS?

The Scope of ADHICS covers all DoH regulated health care entities, vendors and services which includes:

• Hospitals
• Clinics
• Medical Facilities
• Third Party Partners
• Healthcare Software Solution Providers
• Healthcare Vendors
• Server Infrastructure Providers

What are the Health Information and Cyber Security Requirements within the ADHICS Standards?

The healthcare information and cyber security requirements within ADHICS Standards includes the following:

• Human Resources Security
• Asset Management
• Physical and Environmental Security
• Access Control
• Operations Management
• Communications, Health Information and Security
• Third Party Security
• The Acquisition, Development and Maintenance of Health Information Systems
• Information Security Incident Management
• Information Security Continuity Management

How will the audit program be conducted?

The audit program will be conducted in three year cycles, where in the first year of the cycle, there will be an audit conducted by TRBA to check for compliance with ADHICS, where a conformance certificate will be awarded.

In the second and third year of the cycle, there will be a surveillance audit to check for compliance with ADHICS, but no certification is provided for surveillance audits.

Gray Consulting Services, one of the leading cybersecurity service provider, helps Small, Medium and Large Healthcare sector entities – Hospitals, Clinics, Pharmacy’s, Healthcare software solution providers and Healthcare vendors meet the ADHICS Compliance and Audit Requirements and help them comply to it. We can help you with the following:-

• ADHICS Gap Assessment
• Cyber Risk Assessment
• Risk Treatment Plan
• Policies & Procedures
• Security Testing
• Security Awareness
• Technology Implementations
• Implementation Reviews
• ADHICS Internal Audits

Reach out to us for our end-to-end ADHICS compliance queries at:

Call us: +971 4 5139095

Whatsapp: +971 52 2215052

Email: info@grayconsults.com

To know more, click here

Contact us to know more about:

• Investors for business
• Investors for start-ups
• Raising capital
• Network of investors 
• Family Offices, venture capital, investment firms
• Startup investments
• Crowd funding
• Finding committed investors 
• Venture Capitalists and other incubators
• Fintech Investments
• Co-investor
• Partnership 
• Investing Partner
• Angel Investment Network
• Investors for entrepreneurs
• Seeking business partners, seed capital, seed funding, series A investments, series B Investments

Why Choose us?

• One stop solution
• Faster processing
• Professional expert approach
• Well reputed firm

Call us: +971 4 5139095

Whatsapp: +971 52 2215052

Email: info@grayconsults.com

(i) Notification form and 

(ii) Annual substance return. 

Under the Economic Substance Regulations (ECR), all filing requirements fall under the remit of the relevant Regulatory Authority, and as such it is the Regulatory Authorities that set the requirements, deadlines and format for notification filing as they believe is appropriate and which may vary. Below, we have summarised the most up to date filing requirements as released by some of the Regulatory Authorities.

What Are the Relevant Activities for UAE Economic Substance Reporting?

UAE Economic Substance Regulations (ECR) apply to the businesses that carry out the following relevant activities.

• Banking Business
• Insurance Business
• Investment Fund management Business
• Lease – Finance Business
• Headquarters Business
• Shipping Business
• Holding Company Business
• Intellectual property Business (“IP”)
• Distribution and Service Centre Business

The Regulations are administered by the Regulatory Authorities listed in Article 4 of the Regulations, and set out below:

The approach of the different authorities in relation to which entities should be filing the initial notification is currently inconsistent, and therefore it is important to monitor announcements/ clarifications that are made by the relevant Regulatory Authorities.

We expect the authorities to clarify this and other points as and when they release notification forms.

Immediate actions

To avoid non-compliance with these rules and potential penalties, as a first and immediate step all UAE entities (both companies and branches) should assess whether they fall under the UAE Economic Substance rules (in 2019) and which of the below compliance obligations they may have (if any):

• Notification filing
• Having sufficient substance in the UAE and how to demonstrate this
• Filing of an annual substance return
• If the entity does fall under these rules and has to demonstrate sufficient substance in the UAE, it should also make an assessment as to whether it can satisfy the economic substance tests prescribed by the regulations.

Are you ready?

• Does your UAE entity (company or a branch) fall under these Economic Substance Regulations (ECR) rules?
• What compliance obligation does it have in respect to the financial year?
• Can your UAE entity satisfy the economic substance (ECR) test?
• If you haven’t yet considered the impact of the UAE Economic Substance Regulations on your company/ branch in the UAE and require any of the below:
• Assessment on whether you fall within the rules
• Assessment on whether you can satisfy the Economic Substance test
• Notification filing assistance

Penalties for Non-Compliance

What are the penalties for non-compliance?

Failure to submit a Notification: AED 20k

Failure to submit an Economic Substance Report:

• Penalty of AED 50k; and
• Deemed failure to demonstrate economic substance in the UAE

Failure to provide accurate or complete information:

• Penalty of AED 50k; and
• Deemed failure to demonstrate economic substance in the UAE

Failure to demonstrate sufficient economic substance in the UAE for the relevant Financial Year:

First failure

• Penalty of AED 50k; and
• Information exchange with foreign competent authority of:
  • parent company,
  • ultimate parent company, and
  • ultimate beneficial owner

Second consecutive instance of failure

• Information exchange with foreign competent authority of:
  • parent company,
  • ultimate parent company, and
  • ultimate beneficial owner; and
• Penalty of AED 400k; and
• Trade / commercial licence could be; suspended, withdrawn or not renewed

Why Choose us?

• One stop solution
• Professional expert approach
• Highly Experienced Team
• Well Established & leading advisory firm
• We make things simple

Everybody is looking for trust and transparency, whether be in your internal or external stake-holders. These SOC review reports helps you provide that confidence to your clients about you. Companies having their SOC reviews done are more likely to win over client’s confidence and hence attain better success than the ones who haven’t done the reviews yet.

What are the different types of SOC Reports?

1. SOC 1 – SOC for Service Organizations: ICFR: Report on Controls at a Service Organization Relevant to User Entities’ Internal Control over Financial Reporting (ICFR)

These reports, prepared in accordance with AT-C section 320, Reporting on an Examination of Controls at a Service Organization Relevant to User Entities’ Internal Control Over Financial Reporting, are specifically intended to meet the needs of entities that use service organizations (user entities) and the CPAs that audit the user entities’ financial statements (user auditors), in evaluating the effect of the controls at the service organization on the user entities’ financial statements.

There are two types of reports for these engagements:

• Type 2 – report on the fairness of the presentation of management’s description of the service organization’s system and the suitability of the design and operating effectiveness of the controls to achieve the related control objectives included in the description throughout a specified period.
• Type 1 – report on the fairness of the presentation of management’s description of the service organization’s system and the suitability of the design of the controls to achieve the related control objectives included in the description as of a specified date.

Use of these reports is restricted to the management of the service organization, user entities, and user auditors.

• SOC 2 – SOC for Service Organizations: Trust Services Criteria: Report on Controls at a Service Organization Relevant to Security, Availability, Processing Integrity, Confidentiality or Privacy

These reports are intended to meet the needs of a broad range of users that need detailed information and assurance about the controls at a service organization relevant to security, availability, and processing integrity of the systems the service organization uses to process users’ data and the confidentiality and privacy of the information processed by these systems. These reports can play an important role in:

• Oversight of the organization
• Vendor management programs
• Internal corporate governance and risk management processes
• Regulatory oversight

Similar to a SOC 1 report, there are two types of reports:

• Type 2: It is a report on management’s description of a service organization’s system and the suitability of the design and operating effectiveness of controls.
• Type 1: It is a report on management’s description of a service organization’s system and the suitability of the design of controls. Use of these reports are restricted.

• SOC 2 – SOC for Service Organizations: Trust Services Criteria for General Use Report: These reports are designed to meet the needs of users who need assurance about the controls at a service organization relevant to security, availability, processing integrity confidentiality, or privacy, but do not have the need for or the knowledge necessary to make effective use of a SOC 2® Report. Because they are general use reports, SOC 3® reports can be freely distributed.

Benefits of SOC Reporting: –

The most important benefits of SOC reporting are as follows:-

• Reduce the cost of compliance and the time spent on audits.
• Opportunity to showcase confidence infront of your clients.
• Address the risks within the organization with little hustle and expand opportunities of growth and becoming better.
• Foster trust and transparency with your clients and all the stake holders.

SOC Review has become extremely important for every technology related vendors that handles critical data of it’s client and also for the service based organizations.

Gray Consulting Services offers world class SOC reporting for your organization that helps you stay ahead in the race and let your product or services be the most preferred ones gaining the trust and confidence of your clients.

Whether conducting the SOC audit for your company or for all your vendors, our SOC audit practices and our experts are highly equipped and experienced to execute to them to the highest lever of professionalism, providing you with assurity of a thorough and timely reporting based on all the latest applicable standards and procedures.

(Data Source: AICPA, PWC)