Where Energy Meets Complexity

Bringing Clarity to one of the Most Regulated Sectors

The oil and gas industry operates under intense regulatory oversight, complex joint ventures, capital-heavy operations, and fluctuating market conditions. Managing compliance, taxation, cost allocation, and intercompany transactions can be daunting, especially in a sector where a single reporting error can impact millions.

Enter Asad Abbas & Co., your trusted financial advisor helping you navigate corporate tax implications, transfer pricing, and court-related financial matters efficiently. We understand the financial ecosystem behind the energy sector and provide deep expertise and reliable advisory that empowers energy companies to operate efficiently and transparently.

High-Value Industry. High-Stakes Compliance.

Key Challenges in the Oil & Gas Sector

Complex Tax Structures

Complex Tax Structures

Navigating VAT and Corporate Tax across exploration, refining, trading, and service arms requires industry-specific expertise.

Joint Ventures & Cost Sharing

Joint Ventures & Cost Sharing

Shared infrastructure and multi-entity agreements make cost allocation and reporting complex and sensitive.

Transfer Pricing Risks

Transfer Pricing Risks

Cross-border operations and intercompany billing trigger intense scrutiny under UAE’s transfer pricing regulations.

Depreciation Tracking

Depreciation Tracking

Heavy investments in rigs, pipelines, and plants require structured asset accounting and lifecycle planning.

Regulatory Filings & UBO Compliance

Regulatory Filings & UBO Compliance

Non-compliance with UBO, ESR, and financial disclosure norms can result in reputational and legal setbacks.

Financial Expertise That Matches Industry Scale

Our Solutions for the Oil & Gas Sector

VAT Structuring & Filing

VAT Structuring & Filing

We ensure correct VAT treatment for fuel sales, offshore services, and subcontractor invoicing, along with reconsideration support.

Corporate Tax Advisory

Corporate Tax Advisory

We cover every aspect of transfer pricing and corporate tax advisory, from entity structuring and cost sharing policies to documentation and support.

Capital Cost Accounting

Capital Cost Accounting

We help businesses with accurate capitalisation, depreciation, and asset lifecycle management for high-value equipment and facilities.

Investment Reporting

Investment Reporting

We provide specialist financial oversight for cost sharing, revenue recognition, and multi-entity reporting.

UBO, ESR & Regulatory Compliance

UBO, ESR & Regulatory Compliance

With Asad Abbas & Co., you get full support with Ultimate Beneficial Ownership reporting, ESR filings, and audit-aligned financial documentation.

Your Industry. Our Expertise

Partner with Asad Abbas & Co. to unlock smarter decisions and stronger growth.

Connect With Us white-arrow