01
Bookkeeping
Recording daily transactions and performing bank reconciliations. The recording burden leaves you.
Accounting & Payroll
Keep the books straight.
Since corporate tax arrived, proper accounting in the UAE is no longer a preference — it's an obligation. We keep your records to international financial reporting standards and we watch the filing calendar.
02
Account reconciliation
Checking that the figures in the general ledger are correct and current and that balances match.
03
Financial reporting
Trial balance, profit and loss statement, balance sheet, cash flow statement and general ledgers.
04
VAT returns
Periodic VAT calculation and return preparation; establishing whether VAT is payable or refundable.
05
Payroll
Monthly payroll processing per employee and maintenance of the associated records.
06
Audit support
File preparation for the financial year audit and coordination with the auditor.
Accounting rates
The tier follows your monthly transaction volume. If you don't know which tier you're in, we work it out together in the initial consultation.
| Monthly transactions | Monthly | Annually |
|---|---|---|
| Up to 10 a month | AED 460 | AED 5,250 |
| 10 – 20 transactions | AED 810 | AED 8,990 |
| 20 – 30 transactions | AED 1,060 | AED 11,450 |
| 30 – 50 transactions | AED 1,510 | AED 15,400 |
| More than 50 | On request | On request |
| Payroll | AED 31.50per employee / month | — |
Paying annually is discounted against the sum of the monthly rate.
All fees are inclusive of 5% VAT.
Prices are indicative. Official fees and free zone tariffs change during the year; the exact figure is confirmed in writing in your quote.
Record-keeping rules in the UAE
- Under federal regulation, financial records and documents must be kept for at least five years; keeping them longer is advisable for evidencing tax compliance.
- Cash receipts require a voucher; it must be issued in the business's name and show the date, the signature of the person issuing it, the recipient, the amount and the nature of the transaction.
- Bank transactions must be supported by statements; records may be kept electronically.
- Invoices, credit notes and contracts are retained as supporting documents.
In-house or outsourced?
Most small businesses start out doing the books themselves. The problem is that accounting is a job in itself, and the owner's time is already committed. Employing a full-time accountant, meanwhile, adds insurance, recruitment and training costs on top of a salary.
Outsourcing costs less than either, and brings one more advantage: the party keeping your records also watches the filing calendar.
Most penalties aren't about not knowing
In our experience, most penalties come not from misreading a complex rule but simply from missing a date. Whoever takes on the accounting takes on the calendar too — that's the real gain.
Let us take over the books.
We review the state of your existing records and close any gaps before the handover.