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Bookkeeping Services in Dubai

Bookkeeping Services in Dubai, UAE

Recent studies have shown that bookkeeping can take up to one-fourth of the administrative time that is available to small enterprises. As the owner of a business, your primary concern should be your company's expansion and development.

If you want to outsource bookkeeping services to certified bookkeepers in UAE, Farahat & Co may be the best option for you. You will spend less time and money thanks to the comprehensive accounting and bookkeeping services that we provide and enjoy all the advantages of outsourcing bookkeeping services.

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Bookkeeping Services in Dubai

Corporate Financial Reporting Requirements in UAE

Keeping accurate records of financial transactions is a fundamental part of running a business in the United Arab Emirates. It is required by Article 26 of UAE Federal Law No (2) of 2015 that every company keep accounting records that detail the company's transactions. These records must accurately and continuously demonstrate the company's financial health, and they must also provide a means for partners and shareholders to confirm that the company's books are being kept according to the requirements of the applicable law.

If you do not maintain statutory corporate accounting records, the UAE Federal Tax Authority may penalize you with a fine of a minimum of AED 50,000 but not greater than AED 500,000 as per Article 348 of UAE Federal Law No (2) of 2015 or "Commercial Companies Law in UAE." You will also be required to pay more in taxes as a penalty if you submit an erroneous tax return.

Bookkeeping Services in Dubai

How Our Full-Service Bookkeeping in UAE Can Help

We are aware that keeping accurate books is a challenging and time-consuming endeavor that places a strain on businesses that are eager to expand their operations. Not only will bookkeeping services for
small businesses get your accounts in order, but our bookkeeping services in UAE can also make sure they are kept and maintained per government regulations. This is our primary focus. We work hard to ensure that your company is compliant with relevant legislation.

The Following Is a List of the Elements That Define Our Bookkeeping Services:

  • Organize and categorize all of the receipts you have gotten for accounts receivable and payable
  • Make an inventory of all of your assets and list them accordingly

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HR Outsourcing Companies in Dubai

Why Work With Certified Bookkeeping Firms in Dubai, UAE

Beyond providing quality bookkeeping and accounting services, we do it with a great deal of care and understanding. Our certified and licensed experts who handle our bookkeeping services in Dubai have a high degree of knowledge and experience in the industry. As a result, they can offer you sound financial advice and guidance that is unique to your sector to help you overcome existing and potential issues.

You will benefit from the gold standard we set in providing our bookkeeping services in UAE in addition to receiving a customized solution that is tailored to the specific requirements of your company. Essentially, our bookkeeping services in UAE can help with:

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