Accounting & Book Keeping
What Are Bookkeeping & Accounting Services?
Bookkeeping and accounting are essential financial processes for any business operating in the UAE.
Bookkeeping involves recording daily financial transactions, while accounting ensures the proper classification, reporting, and compliance of these records under UAE law.
These services help companies:
- Track cash flow and expenses
- Prepare accurate financial reports
- Ensure timely tax filings and audit readiness
- Maintain compliance with FTA and UAE Commercial Companies Law
Benefits of Professional Accounting Services in Dubai
✅ Accurate financial records & real-time reporting
✅ VAT registration, filing & compliance
✅ Support during internal and external audits
✅ Payroll processing and WPS setup
✅ Minimize financial risks and tax penalties
✅ Budgeting and financial forecasting
✅ Trusted financial advice for business growth
Who Needs Accounting Services in Dubai?
Our bookkeeping and accounting solutions are ideal for:
Startups and SMEs looking to outsource finance operations
Free Zone and Mainland businesses
E-commerce and digital businesses
International investors and holding companies
Businesses applying for loans or raising capital
🧾 Documents Required for Bookkeeping & Accounting Setup
Trade License copy
Passport/Emirates ID of shareholders
Company bank statements
Invoices (sales and purchases)
Employee salary details (for payroll accounting)
VAT registration certificate (if applicable)
🛠️ Step-by-Step Process for Outsourced Accounting in Dubai
Initial consultation to assess your business needs
Signing of NDA and service agreement
Collection of required financial documents
Monthly or quarterly bookkeeping (manual or software-based)
Preparation of Profit & Loss, Balance Sheet, and Cash Flow statements
VAT returns and audit support (if applicable)
Ongoing financial reporting and compliance updates
Consequences of Poor Accounting Practices
❌ VAT fines from the Federal Tax Authority (FTA)
❌ Business license penalties and suspension
❌ Difficulty securing investment or credit
❌ Poor financial decision-making
❌ Non-compliance with UAE audit laws
🔍 Bookkeeping vs Accounting – What’s the Difference?
| Feature | Bookkeeping | Accounting |
|---|---|---|
| Focus | Recording daily transactions | Financial analysis, reporting, compliance |
| Who Uses It | Small business admins, junior accountants | CFOs, auditors, tax consultants |
| Frequency | Daily/Weekly | Monthly/Quarterly/Annually |
| Outcome | Organized records | Balance Sheet, P&L, Tax filings |
📌 Best Use Cases for Accounting Services in Dubai
Regular VAT filing and compliance
Preparing for external audits
Budgeting and forecasting for growth
Investor reporting for startups
Payroll and staff benefits calculation
Financial restructuring of SMEs
🧾 FAQs on Bookkeeping & Accounting Services in Dubai
Is bookkeeping mandatory for all companies in the UAE?
Yes, all licensed businesses must maintain proper accounting records for at least 5 years, as per UAE law.
Do I need to register for VAT in Dubai?
Yes, if your turnover exceeds AED 375,000/year. Optional registration starts from AED 187,500/year.
Can I outsource my accounting work in the UAE?
Absolutely. Many companies prefer outsourcing to reduce overhead and ensure expert compliance.
Do I need accounting software?
It’s not mandatory, but software like Zoho Books, QuickBooks, or Tally can help streamline and automate accounting.
Are your services compliant with UAE tax laws?
Yes, all our processes follow the Federal Tax Authority (FTA) and Ministry of Economy guidelines.
🎯 Why Choose Us for Accounting & Bookkeeping in Dubai?
✅ Certified accountants & FTA-registered tax agents
✅ Real-time financial reporting and insights
✅ End-to-end VAT compliance and filing
✅ Affordable monthly plans for all business sizes
✅ Audit-ready documentation and support
✅ Confidential, cloud-based document management