Accounting Services

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Accurate Books, Always.

Accounting Services in Dubai

Accurate, compliant, and growth-oriented accounting solutions tailored for UAE businesses. Success in business in the UAE is more than just profit maximisation; it's also important to remain compliant with accounting, tax, and financial reporting laws. Businesses need regular bookkeeping services, financial reporting and audit readiness to help avoid penalties from compliance as well as to help decision makers make appropriate business decisions in a fluctuating regulatory framework — a major component of which is the Federal Tax Authority (FTA) in the UAE which encompasses a varying regulatory framework; which includes the likes of Economic Substance Regulation (ESR) and the Early Warning System (EWS). At dubaisetupnow we provide professional Accounting Services in Dubai, with Services including day-to-day bookkeeping all the way to more sophisticated financial forecasting. Whether you are a Free Zone Start Up or a more established business structured as a Mainland company in Dubai — we have certified accountants providing services that keep your UAE business adhering to laws and in a healthy financial position. All this can be achieved without worries!

Stay Legal. Stay Ahead.

Why Are Accounting Services Essential in Dubai?

In Dubai, maintaining proper financial records is not just best practice — it's a legal requirement under UAE Commercial Companies Law and FTA regulations. All registered businesses must keep accounting records for at least 5 years and prepare accurate financial statements for auditing, tax filing, and investment planning. Accurate accounting helps you:

Stay compliant with tax and audit laws properly.

Proper accounting means your business is compliant with UAE laws, including filing VAT returns, Corporate Tax compliance, and being prepared for audits. With accurate records, you can respond confidently to questions from the FTA and avoid harsh penalties.

Effectively manage cash flow and expenses, and profitability.

A strong accounting system shows you clearly where your money is coming from and where it is going. This information helps you contain costs, and operate your business day-to-day, while keeping a cash reserve for growth or emergencies.

Make better, informed business decisions.

When you have accurate financial data, you can quickly assess how the business is performing, make projections, and make informed business decisions - whether that is an investing in new assets, hiring people, or expanding your operations. Better numbers will lead to better planning and ultimately profitability.

Develop trust of the investors and stakeholders through transparency

Accurate, timely financial statements give investors, banks, and stakeholders confidence to trust your business. It reinforces the perception of your company and showcases your ability to manage, fund, partner, or scale operations.

Reduce the risk of penalties for accounting errors or misreporting

Errors in financial reporting or tax submissions can lead to significant and costly penalties or regulatory repercussions. Professional accounting services can help maintain accurate records, report filings accurately, and keep you on track with deadlines, as well as potential business risks.

Develop trust of the investors and stakeholders through transparency

Accurate, timely financial statements give investors, banks, and stakeholders confidence to trust your business. It reinforces the perception of your company and showcases your ability to manage, fund, partner, or scale operations.
Essential for Every Business Type

What Types of Businesses Need Accounting Services?

From startups and freelancers to large corporations, proper bookkeeping ensures financial health, legal compliance, and smarter decisions. Whether you're in retail, tech, real estate, or consulting—accounting is essential to track income, manage expenses, and stay audit-ready.

Startups and SMEs operating in Free Zones or Mainland

New businesses in the UAE, whether in Free Zones like IFZA or DMCC, or on the Mainland, will rely on their accounting from the foundation of their business, in order to track their initial investments, their license fees, and other key expenses, and maintain compliance from day one. Our accounting services assist startups in setting up a chart of accounts, expense management, and accurate return submission from the outset.

E-commerce providers with numerous sales and refunds

E-commerce businesses with multiple transactions each day, changing prices, international payments and multiple return scenarios benefit from the accounting support we provide with a structured and automated process. We will help you ensure your payment gateways, sales invoices, VAT, and returns are tracked and submit reports to ensure accuracy compliance.

Consultants, service providers, and freelancers

Independent professionals working in the UAE normally do not have any sort of structured accounting. We provide independent consultants and freelance professionals with a reliable way to track income and expenses, and most importantly, help with the filing of taxes, as well as producing monthly or quarterly reports for funding and legal documentation purposes.

Large businesses with multiple streams of income or entities

Companies with various types of operations – whether several branches, business units or legal entities – will require consolidated accounting. We provide extensive enterprise-level accounting support including inter-company reconciliation, asset management, and growing financial reports for board decision-making and investor reporting.

Multinationals with subsidiaries established in the UAE

Global businesses establishing operations in the UAE need to comply with local accounting standards while also aligning with global GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting System). We bridge this gap with dual reporting formats, the localization of accounting policies, and full compliance advisory with respect to cross-border tax and currency management.

Businesses preparing for tax audits or FTA compliance

Whether you have an FTA (Federal Tax Authority) audit scheduled, or want to be audit-ready at any time, we help ensure that every ledger, invoice, and record is complete. We provide an internal review, resolving variances as we go, and then provide you with a full package of documentation to provide to auditors, or government authorities where appropriate.
Making Your Dubai Business Dream a Reality

Why Choose dubaisetupnow for Accounting Services?

At dubaisetupnow, our accounting solutions go beyond routine bookkeeping. We act as your financial backbone — ensuring transparency, compliance, and insights to fuel your business growth.

  • Certified Accountants & Tax Consultants
  • Free Zone, Mainland & Offshore Expertise
  • Transparent Pricing with Zero Hidden Costs
  • Monthly Reports & Real-Time Dashboards
  • Flexible Plans for Any Business Size
  • FTA-Compliant Processes
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Everything Your Business Needs

What Do Our Accounting Services Include?

We handle bookkeeping, VAT, payroll, and audits—keeping your finances accurate and compliant, so you can focus on growth.

Record keeping & Transaction Recording

We will record and classify all financial transactions - income, expenditure, purchases or payments - using accounting software such as Zoho Books, Tally, QuickBooks or Xero. Our bookkeeping is 100% audit-ready and always available for your review.

Setting up and maintaining the chart of accounts

Everything will be properly set up when you start your business, so you can understand all financial reports. Not just the numbers, but we will categorize your assets, liabilities, revenue and expenses to serve UAE financial reporting measures.

Financial Statement Preparation

We prepare your monthly, quarterly and annual financial reports, including profit & loss statement, balance sheet and cash flows. All of which you will find useful for decision making and compliance.

VAT Accounting & Return Submission

We will ensure your VAT transactions have been captured accurately, and that a VAT return is filed correctly with the FTA without the cost of an error or a delay; either of these could incur fines or loss of appeal for a refund.

Corporate Tax Compliance Accounting

With the recent introduction of UAE Corporate Tax, we will manage all calculations related to our tax obligations, including profit calculations, and post adjustments; so you remain compliant with the new 9% tax law.

Payroll Processing & WPS Compliance

We carry out employee payrolls, WPS submissions, end-of-service benefits (gratuity) and leave encashments accurately — all strictly adherent to UAE labour laws and all the rules of MoHRE.

Accounts Payable & Receivable Management

By tracking unpaid invoices to managing outgoing payments and vendor accounts, we take care of your payables and receivables to keep your cash flow healthy.

Bank Reconciliation & Cash Flow Management

We ensure everything matches with your bank and internal records to ensure that nothing is going unnoticed to help you plan for your upcoming cash needs more effectively.

Don’t Let Mistakes Cost You

What Are the Penalties for Poor Accounting Practices?

Businesses that neglect accounting in the UAE face:

Significant fines from the Federal Tax Authority (FTA)

due to poor or incorrect records Keeping incomplete or disorganised accounting records may lead to large fines from the FTA. This is both a financial penalty but may also lead to greater scrutiny, particularly if you have previously been flagged for non-compliance.

VAT and Corporate Tax penalties for incorrect filings

Incorrect calculation, late filing or not filing a VAT or Corporate Tax return may lead to escalating fines. The FTA maintains strict deadlines and required levels of accuracy; and the threat of threats by a simple missed entry or neglected monitoring system could cost your business thousands of dirhams through fines and fines in research with a tax consultant or legal professional.

Delays on renewals of licenses and audits

Poor accounting is typically exacerbated by poor timing during the renewals of trade licenses or required audits. Poor accounting leads to delays as Government departments do not consider incomplete or unreliable information. Due to poor accounting records, even if the quantity of work is small or if there are differences in numbers, this can further hinder the process of renewing licenses or honouring audits and lead to delays in starting operations due to additional vetting or scrutiny.

Suspension or revocation of business licenses in extreme situations

Repeated accounting errors or tax offenses can end up with your license being suspended (or even, revoked). If your license is not valid, that means you're not able to operate legally; that can impact your business continuity and, your reputability.

Brand reputational risk in securing funding or partners

The investors and corporate partners who are willing to fund or enter into any agreements with your company will require audited financials and other transparent reporting - if your accounting practices are disorganized or questionable, it could raise "red flags" in the assessment of your company overall, and your ability to secure funding, trust, and/or partnerships may be jeopardized within the UAE and elsewhere.

Risk of legal action or audits by authorities

Negligent or inaccurate bookkeeping may lead to random or targeted audits by the FTA or relevant Free Zone authority. If discrepancies, irregularities or other matters are found, it can potentially result in legal action, penalties and further investigations. This can not only disrupt daily business operations, but can also lead to the confiscation of your documents, examination of your bank accounts, and mandated audits by a third party or more. It might also increase your costs and damage the company's credibility.

How Can We Help During FTA Audits?

If your business is selected for an FTA audit, we will: Proper preparation for a tax or financial audit in the UAE takes documentation, detail, and regulations. At dubaisetupnow, we handle everything involved in the audit preparation on your behalf, from gathering all the necessary documentation, such as invoices, bank statements, ledgers, and VAT returns, through the process of actually ensuring that every piece of documentation corresponds with the reality of your business transactions and the reports you filed previously. We will flag and remedy any issues or omissions on your financials in advance of the auditors arriving, ensuring that the auditor visit goes smoothly. We will also speak and comply with the FTA or auditors on your behalf, so you won't have to worry about interrupting your operations. Our preparation ensures that the auditor concludes his investigation without incident, and no fines, penalties, or compliance issues.

How Can We Help You?

Discover Frequently Asked Questions from Our Support

Is accounting mandatory for every business in the UAE?

Yes, every company in the UAE, regardless of being in a Free Zone, Mainland or Offshore, should keep appropriate accounting records for at least 5 years. This involves preparing financial statements, maintaining ledgers, and complying with corporate tax and VAT legislation as set out in the UAE Commercial Companies Law and related to the Federal Tax Authority (FTA).

What accounting standard applies in the UAE?

Most businesses dpuetnrhatan, although not legally required, international businesses in the UAE, regardless of industry, follow the International Financial Reporting Standards (IFRS). Free Zones or Mainland companies will be expected to have statements prepared using the IFRS framework and keep records using IFRS, which is vital when undergoing audits and presenting to investors or making returns to regulators like the Department of Economic Development (DED).

How often do I have to file my VAT returns in the UAE?

Most businesses in the UAE must file quarterly VAT returns, although if your business is high-volume, the Federal Tax Authority (FTA) may assign a monthly filing period. dubaisetupnow will tell you when to file and will file your VAT return when it is due with the correct information to ensure full compliance when managing your business.

What penalties exist for poor accounting in Dubai?

Penalties can include significant fines from the FTA, issues renewing licenses, delays gaining governmental approvals, trade license suspensions, and loss of confidence from investors. Additionally, inaccurate filings might raise flags leading to audits and reputational issues.

Can dubaisetupnow assist with VAT and Corporate Tax accounting?

Yes, we provide full VAT accounting through tracking input/output, submissions and refunds. For Corporate Tax, we will calculate for profit, file returns and comply with the 9% tax.

What does your bookkeeping service include?

Our bookkeeping service includes recording transactions daily, maintaining ledgers, bank reconciliation, payroll entries, recording accounts receivables and payables, as well as producing monthly and annual reports with regards to UAE laws.

Do you provide support for audit preparation?

Yes. dubaisetupnow ensures you are fully prepared for an audit by compiling all required documents (invoices, ledgers, VAT reports etc) together in advance, and then when calls from the FTA, or auditors take place, we will facilitate to keep the process smooth. Our aim is to address missing transactions beforehand, to ensure audits close with no penalties.

What accounting software do you work with?

We utilize various accounting applications, ie. cloud and desktop applications, that are leading accounting platforms, such as Zoho Books, Tally ERP, QuickBooks, and Xero. We also facilitate businesses moving from manual bookkeeping to an automated system.

Are your services suitable for freelancers and small businesses?

Absolutely. Whether you are a freelancer, a consultancy, or an SME on an upward trajectory, our flexible accounting packages will fit your size of operation. We help you stay compliant, monitor your income/expenses and submit accurate returns without needing a full-time finance team.

How do I get started with dubaisetupnow's accounting services?

You can get started by filling in a FREE consultation on our website. Our advisors will assess the structure of your business, your accounting needs, and provide a transparent, individualized package tailor-made to keep your business financially healthy and 100% compliant.

Accurate books. Timely returns. Zero penalties.

Ready to Simplify Your Business Accounting?

Whether you’re a startup in IFZA, a growing DED Mainland company, or an international brand in the UAE, dubaisetupnow delivers professional, FTA-compliant accounting services tailored to your business needs. From VAT & Corporate Tax filings to payroll, audits, and advisory — we handle it all so you can focus on scaling your business.

Let our experts guide your business launch —
Contact us today to get started.


Your Dubai business journey begins with one smart step: reaching out to Dubaisetupnow.

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