Accounting And Book Keeping
Our accounting and bookkeeping services in Dubai include a diverse range of services for efficient handling of your finances. With our expert accountants by your side, you will have all the assistance you need to manage your accounts. Whether you need assistance with setting up your accounting books, recording and tracing of your daily transactions, processing payroll, or any other accounting requirement for that matter, we guarantee you to get the job done – and done right – with solutions tailored to your unique needs.
As a prominent accounting and bookkeeping company in Dubai, we assure you of complete assistance with your accounting-related obligations and compliance with the applicable laws.
Why Outsource Accounting in Dubai?
1. Ensure Legal Compliance - Stay up-to-date and compliant with the ever-changing accounting and tax laws in the UAE.
2. Avoid Tax Penalties - Stay on top of your tax returns and avoid penalties due to inaccurate or late filing.
3. Achieve Business Growth - Get accurate financial projections and forecasts to help you set and achieve your goals.
4. Track Financial Performance - Have a clear picture of your business’s financial health with timely and accurate reports.
How it Works?
Step 1
Receive our quote
Step 2
Approve and make payment
Step 3
Let us manage your accounts and books
Government Departments
We can help you with the processes in the following government departments.
Why Choose Us?
Save Recruitment Costs
When compared to handling your accounting requirements in-house, outsourcing your accounting and bookkeeping services in the UAE is a cost-effective option. Managing your accounts in-house would mean hiring full-time resources. This would translate into higher costs in the form of salaries, benefits, and other expenses.
Focus on Your Business
You surely would not like spending time handling your finances rather than focusing on the core aspects of your business. By outsourcing bookkeeping and accounting in Dubai, you will free up time to focus on something like creating business strategies to further scale your business.
Avail Accounting Expertise
With our accounting firm, you can be assured that your accounts are in reliable hands. As professional accountants and bookkeepers in Dubai, we have employed cutting-edge accounting practices and deliver accounting services in Dubai and all over the UAE as per the statutory and regulatory requirements.
Receive Additional Services
When you outsource your accounting and bookkeeping to us, you have the flexibility to acquire any additional accounting services if needed in the future. Since we are already familiar with your business, your additional accounting requirements can be easily taken care of by our experts.
UAE’s Accounting Policies
The UAE has adopted the IFRS (International Financial Reporting Standards) as accounting standards. These standards serve as basis for accounting and bookkeeping regulations in the UAE. IFRS lays down guidelines to present financial information in a transparent manner.
- 1). As per IFRS, organisations in Dubai and elsewhere in UAE must maintain all financial statements and other records for a period of at least five (5) years. A five-year period is mandated for maintaining relevant financial records under the VAT laws whereas a seven-year period is stipulated in the corporate tax laws.
- 2). The records may be maintained in an electronic format as per the federal laws.
- 3). All annual accounts must be prepared as per IFRS guidelines so as to give precise information about the company’s profits and losses.
- 4). All bank transactions must be backed by bank statements stating the amount and type of transaction along with other relevant details.