Accounting Services in Dubai (UAE)

Our accounting services in Dubai are for any Mainland or Free Zone company that needs to ensure compliance with the UAE's evolving financial regulations. This is critical for businesses registering for VAT, preparing for the 9% Corporate Tax, and for companies in free zones like DMCC or JAFZA that require mandatory annual audits for license renewal. It is designed for founders who need reliable financial data for decision-making and peace of mind on compliance.

Under UAE law, maintaining proper accounting records is mandatory from the day of incorporation. Professional accounting becomes non-negotiable when your business registers for VAT or Corporate Tax, as accurate records are required for tax filings. Furthermore, it is essential when preparing the audited financial statements required by many free zone authorities for annual trade license renewal.

Outsourcing your accounting provides access to professional expertise at a predictable monthly cost, far lower than hiring an in-house accountant. Typical costs in the UAE are:

• **Small Businesses / Low Transaction Volume:** AED 1,500 – AED 3,000 per month.
• **Growing Companies or those requiring regular reporting:** AED 3,000 – AED 7,500 per month.
• **Annual Audit Fees (if applicable):** Separate from monthly accounting, these typically range from AED 5,000 to AED 15,000+.

Improper accounting in the UAE can lead to severe financial and operational consequences:

• **FTA Penalties:** The Federal Tax Authority imposes significant fines for incorrect or late VAT and Corporate Tax filings.
• **Failed Audits:** Inaccurate books will lead to a qualified or adverse opinion on your audit report, which can prevent your trade license renewal.
• **Inability to Renew License:** Many free zones will not renew a company's license without submission of compliant, audited financial statements.
• **Bank Account Freezing:** Banks may freeze accounts of companies that are not in good legal standing due to non-compliance.

Outsourcing your accounting to YourLegal is the most effective way to navigate the UAE's complex regulatory environment. Our team of qualified accountants ensures your books are IFRS-compliant and always ready for audit. We manage your VAT and Corporate Tax obligations, protecting you from FTA penalties. By handling the financial complexities, we provide the clarity and confidence you need to run your business, make strategic decisions, and satisfy all legal requirements without the burden and cost of an in-house finance department. This is a foundational service that works in tandem with our tax compliance solutions.