Cross-Border Accounting Services in Dubai (UAE)

Our cross-border accounting service is vital for UAE-based companies that are part of a global structure. This includes Dubai holding companies with foreign subsidiaries, foreign corporations with a branch or subsidiary in a UAE Free Zone, and trading companies that transact in multiple currencies like USD, EUR, and AED. It is for any business where money and services move across international borders.

This service is required as soon as your business engages in international transactions. It is especially critical when you have inter-company dealings (e.g., a UAE entity providing services to a US parent company), as this triggers complex transfer pricing rules. It's also necessary for consolidating financial statements for a global audit and for ensuring your structure is optimized under various double-taxation treaties.

Cross-border accounting is a highly specialized field. The pricing reflects the expert knowledge required to navigate international tax and compliance frameworks. Costs are customized to your business's specific global footprint:

• **Moderate Complexity (e.g., one foreign entity, multiple currencies):** Starting from AED 4,000 – AED 8,000 per month.
• **High Complexity (e.g., multiple subsidiaries, detailed transfer pricing):** Starting from AED 8,000 – AED 20,000+ per month.

This investment is crucial for mitigating significant financial risks and optimizing your global tax burden.

The financial and legal risks of mismanaging cross-border finances are substantial:

• **Transfer Pricing Penalties:** Tax authorities worldwide, including the UAE's FTA, can impose massive penalties if they determine that transactions between your related companies were not priced at "arm's length."
• **Loss of 0% Free Zone Tax Benefit:** Improper transactions with a mainland or foreign entity can disqualify a free zone company from the 0% corporate tax rate on its income.
• **Double Taxation:** Without proper application of tax treaties, your profits could be taxed in both the UAE and another country, eroding your bottom line.
• **Audit and Legal Challenges:** Inconsistent financial reporting across jurisdictions can lead to failed audits and legal challenges from foreign tax authorities.

Outsourcing cross-border accounting is the only viable option for most businesses. It is not feasible to hire in-house experts with knowledge of every relevant jurisdiction's tax code. YourLegal provides a centralized team that understands the interplay between UAE law and the laws of other major economies. We ensure your transfer pricing policies are documented and defensible, your financial consolidations are accurate, and your global tax structure is as efficient as possible. This service is a core component of a high-functioning Virtual CFO engagement, providing the strategic oversight needed to manage a global enterprise from your UAE hub.