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Bookkeeping Finance and Accounting Services in Dubai
For detailed information +90 542 381 3868 'Call.
Bookkeeping Finance and Accounting Services in Dubai World Company Setup offers professional standards of accounting - finance services and consultancy focused on clients and companies. It provides services under one roof in the fields of Accounting, Legal/Internal Audit, Taxation, International Taxation, Corporate Law Issues, Transfer Pricing, Management Consultancy and Mergers and Acquisitions. With a strong team of Certified Public Accountants, Company Secretaries, our extended family also consists of the best lawyers, tax consultants, corporate governance experts, bankers and other subject matter experts in the industry.
Dubai is one of the most important financial centers in the Middle East for business and trade. Both local and international companies continue their operations in Dubai due to its tax advantages, advanced infrastructure and business-friendly environment. This increases the demand for accounting and financial management services.
World Company Setup offers professional standards of client and company-focused accounting and financial services and consultancy. It provides services under one roof in Accounting, Legal/Internal Audit, Taxation, International Taxation, Corporate Law Matters, Transfer Pricing, Management Consultancy and Mergers and Acquisitions. With a strong team of Chartered Accountants, Company Secretaries, our extended family also consists of the best lawyers, tax consultants, corporate governance experts, bankers and other subject matter experts in the industry.
World Company Setup believes in working as a business partner to its clients and understanding their business model, needs, work approaches and goals before the project starts to meet their needs perfectly. Dubai accounting services are generally provided by professional accountants, financial advisors and local accounting firms. These services offer significant advantages especially for newly established companies, foreign investors and international businesses.
Accounting services in Dubai offer a variety of services for businesses of all sizes. These services include:
Preparation of Balance Sheets and Income Statements: Regular financial reporting is done to accurately reflect the financial position of companies.
Audit Services: Independent auditing services are provided to companies in Dubai to ensure that they meet their legal requirements. Auditing checks the accuracy and compliance of the company’s financial reports.
Annual Reporting: Companies must prepare their annual financial reports and accounts and share them with the local authorities. These reports are usually shared with the Dubai Economic Department (DED) and the Dubai Financial Authority (DFSA).
VAT Returns and VAT Refund Applications: Companies in Dubai are registered with the Value Added Tax (VAT) system and are required to file VAT returns regularly. Accounting firms assist companies in preparing VAT returns and filing tax refund applications.
Accounting Transactions: Daily financial transactions of companies (income, expenses, payments, receivables, payables, etc.) are recorded.
Preparation of Financial Statements: Preparation of basic financial statements such as profit-loss statement, cash flow statement and balance sheet.
Business Establishment and Structuring: Accounting and financial consultancy services are provided for foreign investors and company owners in determining the company establishment and organizational structure in Dubai.
Payroll Calculation: While regular salary payments are made to employees of companies, payroll calculations are also made by accounting service providers. This service includes salaries, insurance premiums, taxes and other deductions.
Employee Leaves and Payments: Annual leave, sick leave and other leave rights of employees in Dubai are tracked and reported by accounting firms.
The cost of accounting services in Dubai varies depending on the size of the business, the scope of services and the provider.
Accounting and Bookkeeping Services - monthly accounting services for small businesses can typically range from AED 2,000 - AED 5,000. For larger businesses, these fees can increase.
Auditing and Financial Reporting: Auditing and annual financial reporting services typically range from AED 5,000 - AED 20,000.
World Company Setup serves a wide client base of multinational corporations, small and medium-sized businesses, family businesses, start-ups and high net worth individuals.
Get a Quote for Accounting Services in Dubai; Get a Quote Now
Companies should consider these before selecting an audit firm. First, the auditor’s expertise in conducting audits in your industry can add a lot of value. Independence is crucial in keeping the books and reporting accurate figures to shareholders.
We work with leading IT companies and traders dealing with export and import of used plastics, fabrics, machinery, tools, etc., especially in different sectors such as games, software development, pharmaceutical manufacturers.
As a professional service provider, you can expect quality service and expertise in accounting and compliance. We keep controls on costs and provide you with the requested reports that will help you make better decisions.
World Company Setup business consultants guide you through every step of the complex business setup process. They help you choose the right business activity and name. They support you with all the paperwork required to open a business license and corporate bank account in a free zone or mainland setup. We have strong relationships with government departments, institutions, banks and insurance companies, which can be a great asset to you when setting up your business. Our consultants are familiar with local requirements and laws, saving you time and effort. If you are hiring employees, we can also advise on the process of arranging their visas. Our aim is to make your business setup as efficient and hassle-free as possible, allowing you to focus on running your business once it is established.
+90 542 381 3868
+971 58 5204103