Yes. UAE businesses are required to maintain proper accounting records in accordance with applicable laws and regulations.
Outsourcing saves time, reduces costs, ensures accuracy, and gives you access to experienced accounting professionals.
Ideally, bookkeeping should be updated monthly. Businesses with high transaction volumes may require weekly or even daily updates.
Businesses should keep invoices, receipts, bank statements, payroll records, contracts, purchase records, and financial statements.
Businesses are generally required to retain accounting records for at least seven years.
Yes. We securely manage bookkeeping using cloud accounting software and digital document sharing.
We work with software such as Zoho Books, QuickBooks, Xero, Tally, Sage, and other accounting systems.
Yes. We can update historical records, reconcile accounts, and prepare accurate financial statements.
Typically:
Pricing depends on transaction volume, business size, and service requirements.
Most UAE businesses are required to register for Corporate Tax, even if no tax is payable.
The standard Corporate Tax rate is 9% on taxable profits exceeding the applicable threshold, subject to current UAE tax regulations.
Qualifying Free Zone Persons may benefit from a 0% Corporate Tax rate on qualifying income, subject to meeting specific conditions.
Late registration may result in administrative penalties.
Yes. We prepare tax computations, review financial records, and file Corporate Tax returns.
Yes. Through proper tax planning, allowable deductions, and compliance with UAE tax laws.
Generally:
Corporate Tax is generally filed annually based on your financial year.
Yes. We assist clients in responding to Federal Tax Authority (FTA) queries and audits.
VAT is charged on goods and services, while Corporate Tax applies to taxable business profits.
VAT registration depends on your business's taxable supplies and imports. Businesses that meet the mandatory registration threshold must register for VAT with the Federal Tax Authority (FTA). If your turnover is below the mandatory threshold but meets the voluntary threshold, you may choose to register voluntarily. Our experts can assess your eligibility and guide you through the registration process.
Most businesses are required to file VAT returns quarterly, while some may be required to file monthly, depending on the FTA's assigned tax period. VAT returns must be submitted, and any VAT due must be paid, by the deadline specified by the FTA to avoid penalties.
Yes. We can review your VAT records, identify errors, and assist in making the necessary corrections in accordance with FTA regulations. Whether it's an incorrect VAT return, misclassified transactions, or missing invoices, we'll help ensure your VAT records are accurate and compliant.
Late submission of VAT returns or delayed VAT payments may result in administrative penalties imposed by the Federal Tax Authority. Filing on time helps your business remain compliant and avoid unnecessary fines. Our team can help you meet all VAT deadlines and manage your compliance efficiently.
Yes. If your business is eligible for a VAT refund, we can prepare and submit your refund application, verify the required supporting documents, and liaise with the Federal Tax Authority throughout the process to help ensure a smooth and timely claim.
It depends on your business activity, legal structure, and licensing authority. Some Free Zones and banks require audited financial statements.
Typically:
Usually between one and four weeks, depending on the size and complexity of the business.
Bookkeeping records daily financial transactions, while auditing independently examines those records to verify accuracy and compliance.
Yes. We review your records, identify issues, and ensure all documentation is audit-ready.
Yes. We prepare accurate financial statements in accordance with applicable accounting standards.
We can reconstruct records, reconcile accounts, and prepare them before the audit.
Practical guides, tips, and updates on accounting, bookkeeping, VAT, Corporate Tax, and financial management to help you make better business decisions.
Have questions about your accounts, VAT, Corporate Tax, or bookkeeping? Our team is here to understand your requirements and provide practical solutions.
From day-to-day bookkeeping to tax compliance and audit assistance, we provide reliable financial support to help your business stay organized and grow with confidence.
