About Accounting and Bookkeeping Services
Our accounting and bookkeeping services in Dubai offer a comprehensive range of solutions to effectively manage your finances. With our team of expert accountants, you’ll have the support you need to keep your financial operations running smoothly. Whether you require help with setting up your accounting system, tracking daily transactions, processing payroll, or handling other accounting tasks, we provide tailored solutions designed to meet your specific needs.
As a leading accounting and bookkeeping firm in Dubai, we ensure complete support in fulfilling your accounting obligations and maintaining compliance with local laws and regulations. With us, you can trust that your financial management is in expert hands.
Why Outsource Accounting in Dubai?
Our Accounting Services in Dubai
Bookkeeping Services
Efficient bookkeeping is essential for accurate financial analysis and decision-making. Without it, businesses may struggle to maintain proper financial records, leading to poor financial decisions. By outsourcing your bookkeeping and accounting needs in Dubai, we ensure that your financial transactions are properly recorded, organized, and maintained, giving you the clarity and control you need for success.
Corporate Tax Services
As trusted tax consultants, we provide comprehensive guidance on the UAE’s corporate tax regulations. We assist with tax preparation, filing returns on time, and ensuring your business stays compliant with the latest tax laws and requirements in the UAE.
VAT Services
Our team offers full support for Value Added Tax (VAT) in the UAE, from registration and deregistration to filing returns and claiming refunds. We help you navigate VAT laws and ensure your business remains compliant with all VAT obligations in the UAE.
Payroll Services
Our complete payroll solutions handle all payroll-related activities for your business in Dubai and the UAE. From salary processing and employee benefits to leave management and reimbursements, we manage it all, saving you the cost and effort of maintaining an in-house payroll team. Let us take care of your payroll while you focus on other business priorities.
Financial Reporting
As one of the leading accounting firms in Dubai, we provide detailed financial reporting services, including statement preparation, report generation, and balance sheet analysis. Our reports give you a clear snapshot of your company’s financial performance, helping you make informed decisions and strategic moves.
Account Reconciliation
Our accountants help ensure the accuracy of your general ledger accounts by providing thorough account reconciliation services. We identify discrepancies, errors, or duplications in your records to ensure that your financial statements are correct and reliable, giving you peace of mind in your financial reporting.
Accounts Payable & Receivable
We assist with tracking and managing payments to and from third parties. Our accounts payable and receivable services help you monitor outstanding payments, prevent overdue bills, and improve your cash flow by ensuring timely collection and payment management.
Audit Support
Our audit support services include thorough examination and analysis of your financial statements and disclosures. Our expert auditors work closely with you to understand your business and conduct audits tailored to your specific requirements, helping you assess and improve your company’s financial health.
Why Choose Us?
UAE’s Accounting Policies
The UAE has adopted International Financial Reporting Standards (IFRS) as the official accounting framework for businesses operating within the country. These standards ensure that financial information is presented in a clear, transparent, and consistent manner.
Under IFRS guidelines, businesses in Dubai and across the UAE are required to maintain financial statements and related records for a minimum of five (5) years. This is in accordance with the VAT regulations, while the corporate tax laws mandate a seven-year retention period for certain records.
Businesses are allowed to store these records in electronic format, as permitted by federal laws. Additionally, all annual financial statements must be prepared in compliance with IFRS to accurately reflect the company’s financial performance, including profits and losses.
For transparency, all bank transactions must be substantiated by bank statements that clearly detail the transaction amounts, types, and other relevant information.