About PREVA

KPMG's PREVA (Private Enterprise Virtual Accountant) is a service designed to help business owners, founders, CEOs and leadership teams establish an accounting foundation, allowing them to make quick, informed decisions while focusing on their business growth.

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Transform your business landscape with KPMG’s PREVA

Leveraging KPMG's expertise and brand eminence

Integrating KPMG's expertise and compliance, PREVA brings together extensive knowledge and cutting-edge technology to facilitates the delivery of accessible financial management services at a world-class standard.

Proficient accounting support

Our accounting team will handle a range of your financial tasks, from meticulous bookkeeping to comprehensive reporting. Your dedicated accountant will serve as your primary point of contact, ready to assist via text, phone or email for a smooth and personalized experience.

Simplified processes

With PREVA, managing your accounting becomes effortless. We streamline the entire process: handling invoices, expenses and financial reports seamlessly, allowing you to focus on your business’s priorities.

Cloud-based accessibility

Access your financial data through PREVA's cloud-based solution. Monitor your finances anytime, anywhere through our comprehensive dashboard featuring intuitive graphs and analytics. By tracking your business's financial well-being in real time, PREVA allows you to stay in control and make informed decisions.

Transparent monthly pricing

Our plans and pricing are designed to adapt to your business needs. We provide a fixed monthly rate, free from hidden hourly fees, allowing for transparent, adaptable solutions that support your business's evolution without unexpected costs.

One contract, countless advantages

The KPMG PREVA team supports you with a range of accounting solutions, from navigating software licensing agreements to managing hardware sizing and acquisition costs. Beyond online accounting, we provide a dedicated full-time accountant and professional IT services, conveniently bundled into one hassle-free agreement.

Seamless onboarding: three simple steps to business success

Step 1 : Request for a quotation based on your input and type of business.

Step 2 : Get access to your dedicated professional accountant and PREVA dashboard.

Step 3 : Submit all your invoices and bank statements and get started.

Testimonial

“We have been engaged with KPMG for several years, during which their accounting team has demonstrated professionalism and reliability. They are prompt and pro-active in meeting deliverables and reporting requirements at both local and group levels. I would highly recommend KPMG Lower Gulf’s Managed Services to streamline your operations and add value to your business.”
Amr EL Mouafy
UAE and Oman CFO, LafargeHolcim
“The KPMG team is diligent, professional and co-operative. As our trusted partner for many years, we look forward to continuing our close collaboration to successfully meet our accounting services needs.”
Ushandra Magalla
Finance Manager, McDonald’s Middle East Development Company (Regional HQ)
“For a decade, we have collaborated with KPMG for accounting and payroll services, establishing a very strong partnership. Their dedicated team has consistently provided our business with valuable support. Without hesitation, we would recommend their services for their unwavering professionalism and friendly approach.”
Sonia Couchou-Meillot
Former finance controller, Bel Middle East FZ-LLC

Our Services

Bookkeeping, Accounting, and Reporting

Bookkeeping, Accounting, and Reporting

• Transaction recording

• Payment processing

• Year-end audit support

• Consolidation of accounts

• Month-end closing activities

• Monthly management reporting (MIS)

• Annual statutory financial statement (IFRS and GAAP)

Human Resource Management System (HRMS) and Payroll Services

Human Resource Management System (HRMS) and Payroll Services

• Core HR data management

• Employee self-service

• Employee life cycle management

• Workforce administration

• Payroll processing and review

• Preparation of payslips / e-payslips

• Preparation and calculation of end of service benefits

Inventory and Fixed Asset management

Inventory and Fixed Asset management

• Life cycle tangible assets/images management

• Assets/images tracking and maintenance system

• Physical verification of fixed assets/images and inventory

• Fixed assets/images tagging

• Fixed asset register creation

• Inventory count and reconciliation

CFO and secretarial services

CFO and secretarial services

• Board/CEO reporting

• Representation the stakeholder's meeting

• MIS dashboard

• Working capital management

• Monitor cash flow and financial position

• Monitoring budgets and forecasting activities

Company Setup and auxiliary services

Company Setup and auxiliary services

• Licensing assistance

• Trade license renewal

• Tax residency certification support

• Entry visa work/residency visa

• Renewal work permit and visa

• Cancellation of work permit and residency visa

• Free zone business visit visa

• Employment certificates issuance

• Optimal structure assessment

VAT and CIT support

VAT and CIT support

• Assistance with VAT queries

• Review of reverse charged liability

• Preparation of draft VAT

• Review of purchase transactions

• Review of sales transactions

Experience effortless financial management with KPMG PREVA

Intuitive design meets efficient functionality. A financial management experience like never before.

Submit all your data via email on your phone

A dedicated professional accountant monitors and updates your data into PREVA

Access your personalized, in-depth dashboard featuring insightful graphs

Monitor your business's financial well-being in real-time

Receive expert insight and advice from a professional accountant via text, phone or email

About KPMG Lower Gulf

For about 50 years, KPMG Lower Gulf Limited has been providing audit, tax and advisory services to a broad range of domestic and international, public and private sector clients across all major aspects of business and the economy in the United Arab Emirates and in the Sultanate of Oman. We work alongside our clients by building trust, mitigating risks and identifying business opportunities.

KPMG Lower Gulf is part of KPMG International Cooperative’s global network of professional member firms. KPMG firms operate in 143 countries and territories, and in FY22, collectively employed more than 265,000 partners and people, serving the needs of business, governments, public-sector agencies, not-for-profits and through KPMG firms' audit and assurance practices, the capital markets....

KPMG is widely represented in the Middle East: along with offices in the UAE and Oman, the firm operates in Saudi Arabia, Bahrain, Kuwait, Qatar, Egypt, Jordan, Lebanon, Palestine and Iraq. Established in 1973, the Lower Gulf firm now employs approximately 1,730 people, including 166 partners and directors across the UAE and Oman.

As we continue to grow, we aim to evolve and progress, striving for the highest levels of public trust in our work. Our values are: Integrity: We do what is right; Excellence: We never stop learning and improving; Courage: We think and act boldly; Together: We respect each other and draw strength from our differences; For Better: We do what matters.

To meet the changing needs of our clients, we have adopted an approach aligned with our global purpose: Inspiring Confidence, Empowering Change.

Since

1973

Countries

153

Partners, directors & associate directors

100+

Best Financial Advisory Team

Capital Finance International, GCC (2019, 2022)

Consistently ranked (for the last four years)

As one of the Most Attractive Employers in the Middle East by Universum

Best Research & Consultancy Firm

MEA Finance Awards 2020

Best Audit Services

MENAIR Insurance Awards 2016-2022

One of the three Best Companies in Achieving Emiratisation

In the first edition of the Nafis Award 2022-2023