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Expert Accounting & Bookkeeping Services in the UAE

Achieve financial clarity, regulatory compliance and peace of mind with DSA’s tailored accounting and bookkeeping solutions.
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Introduction

Accounting & Bookkeeping Services in Dubai, UAE

Running a business in the UAE requires more than great products or services – it demands accurate, timely and compliant financial management. DSA’s accounting and bookkeeping team ensures your records are meticulously maintained and align with the UAE’s accounting standards. Analysis shows that companies struggle when they attempt to manage their books alone; poor record-keeping can result in penalties or even suspension of your license. To prevent this, our chartered accountants handle everything from daily transaction recording and bank reconciliations to preparing detailed financial statements. We utilise modern accounting software to maintain organised, up-to-date ledgers and produce reports that guide your decision-making.

 

 

 

Importance of Accounting & Bookkeeping for UAE Businesses

Accurate accounting is not optional; it is mandated by UAE commercial company law. UAE GAAP/IFRS principles require income to be recognised when realised, expenses when incurred, and assets measured at fair value. Businesses must retain financial records for at least five years and ideally ten. Proper documentation of cash receipts, bank transactions, VAT returns and other supporting documents ensures compliance. Beyond compliance, high-quality accounting helps investors assess the financial position of your company, plan investments and avoid costly errors. Competitor sites highlight that

outsourcing frees business owners to focus on core operations while experts ensure records are accurate and up to date.

Our Accounting & Bookkeeping Services

Our consultancy offers comprehensive VAT and tax support tailored to your business’s needs:

Comprehensive bookkeeping

  • Our experienced bookkeepers relieve you of the daily burden of recording transactions and reconciling bank accounts. We organise documents, classify entries and maintain your ledgers so you always have a clear picture of your finances.

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Accounting services:

  • We go beyond basic bookkeeping to provide strategic financial management, tax planning and regulatory compliance. Our accountants prepare journal entries, maintain double-entry ledgers, and produce trial balances, profit-and-loss statements, balance sheets and cash-flow statements. We also assist with IFRS implementation and ensure your accounting policies align with international standards.

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Financial statement preparation

  • We generate comprehensive financial statements – including cash-flow, income and balance sheets – that provide you with a clear, auditable view of your business.

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Tax planning and preparation:

  •  Our team helps minimise tax liability and ensures timely compliance with VAT and the upcoming corporate tax regime. We prepare returns and guide you on regulatory changes.

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Budgeting and forecasting:

  • We assist in creating budgets and forecasts so you can make informed decisions about growth and resource allocation.

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Financial analysis

  •  Detailed financial analysis reveals patterns, strengths and growth opportunities within your business.

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Internal and external auditing support:

  •  We review your financial records, structures and controls to provide recommendations that enhance efficiency and minimise risk.

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IFRS implementation

  • Our experts guide you through adopting International Financial Reporting Standards.

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Account reconciliation:

  •  We reconcile bank statements, credit-card payments and debtors/creditors accounts to ensure your ledgers are correct and up to date.

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Financial Reporting in UAE

  • Financial reporting is essential for strategic decision-making and regulatory compliance. Maintaining a book of accounts is mandatory under UAE commercial law, and accurate financial reporting helps investors assess opportunities.. DSA’s services comply with IFRS and UAE standards. We record daily transactions in accounting software and provide periodic financial analysis. Our team delivers weekly or monthly visits to update your records and ensure documentation complies with VAT law. We also offer review services to detect errors and past mistake. By outsourcing financial reporting to DSA, you gain benefits such as improved efficiency and productivity, access to the latest technology, experienced professionals at a lower cost, and relief from training or hiring in-house staff.

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Accounting & Bookkeeping Policies in Dubai

The UAE follows its own GAAP-based accounting principles maintained by the International Federation of Accountants. Key policies include:
Record-keeping
  • Companies must preserve financial records for at least five years (ten years recommended) to prove tax compliance.
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Cash receipts
  • Transactions up to AED 1,000 require receipts detailing the date, signature, amount and nature of the transaction.
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Bank transactions:
  • All bank transactions must be supported by statements showing transaction dates, amounts and counterparties.
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VAT returns:
  • Businesses must register for VAT if eligible and adopt return policies in line with industry best practices.
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Supporting documents:
  • Invoices, credit notes, contracts and original bank statements must be maintained; copies alone are not acceptable.
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Backlog Accounting Services in Dubai – UAE

Start-ups and SMEs often neglect proper bookkeeping during their early stages, leading to a backlog of unrecorded transactions. Backlog accounting involves recording periodic transactions from the inception of the business to portray its true financial position. DSA offers dedicated backlog accounting services to reconstruct your records from the date of incorporation. We collect necessary documents (vouchers, bills, bank statements and receipts) and update your accounts in professional software. Our experts generate comprehensive reports such as balance sheets, income statements, cash-flow statements, accounts receivable/payable summaries, sales performance reports and financial ratio analyses. The benefits of backlog accounting include complete transaction records, improved business analysis, time-saving retrieval of historical data, better cash-flow management and quicker audits. By ensuring compliance with legal requirements and enabling strategic decision-making, our backlog services position your business for future growth.

Accounting Reconciliation

Accurate financial statements rely on regular reconciliation. Reconciliation ensures the correctness of financial statements and is often best outsourced to specialists. DSA’s reconciliation services simplify bill payments, correct ledger errors, eliminate accounting discrepancies, identify unauthorised transactions and save money. Our professionals match business records with bank statements, reconcile credit-card payments and debtors/creditors accounts, and ensure invoices recorded in your books match actual bank transactions. We use up-to-date accounting software and adhere to UAE regulations, providing cost-effective services that protect your data through robust security measures. DSA’s reconciliation solutions benefit industries ranging from retail and hospitality to finance and healthcare.

Accounts Payable & Receivable Management

Managing payables and receivables requires attention to detail and knowledge of tax laws. Accounts payable staff must be detail-oriented and knowledgeable about tax regulations, while accounts receivable management is critical for cash flow and bankruptcy avoidance. DSA manages supplier invoices, purchase orders and payment schedules to maintain healthy relationships and avoid late fees. Our receivables team monitors customer payments, issues invoices promptly and follows up on outstanding balances to protect your cash flow.

Payroll Management & WPS Compliance

In the UAE, wages must be paid through the Wage Protection System (WPS), an electronic salary transfer system overseen by the Ministry of Human Resources & Emiratisation and the Central Bank. Employers must pay at least 80 % of the total salaries of eligible employees through WPS. Each employee must receive at least 80 % of their salary and any deductions must be justified. Salary payments must be made within the first 15 days of the following month; failure to do so can result in sanctions such as a ban on new work permits. Free zones like the DMCC and JAFZ also enforce WPS rules, typically requiring salaries to be paid in UAE dirhams and imposing fines for non-compliance. DSA’s payroll specialists handle monthly payroll processing, gratuity calculations, payslip generation, and WPS registration. We ensure that your payroll is compliant with MOHRE regulations, that salary files are submitted to the bank on time, and that employee data is secured. Our team also manages end-of-service benefits, leave encashment and statutory filings.

Benefits of Outsourcing Business Accounting Services in Dubai

Outsourcing accounting and bookkeeping brings numerous advantages. Outsourcing is cost-effective, as it eliminates expenses like salaries, pensions, health insurance, hiring, training and professional development. Outsourcing provides access to expert accountants who can align your accounts with business goals and advise on cost reduction and growth strategies. It frees you to focus on core operations, ensures compliance with statutory requirements and reduces the risk of penalties. Outsourcing also helps address labour shortages and provides access to the latest technology without large capital investments. DSA offers scalable services tailored to your business size, enabling you to choose the level of support you need.

Benefits of Our Accounting & Bookkeeping Services

High level of accuracy
  • Professional bookkeepers ensure extremely accurate records so you can make informed decisions.
Cost-effectiveness
  • Outsourced firms can dedicate manpower at a lower cost than hiring full-time staff.
Time savings
  • Entrusting your books to experts allows you to focus on strategic activities.
Fraud detection
  • Experienced professionals can detect discrepancies early and protect your business.
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Increased productivity
  •  Efficient payroll and payment processing motivates staff and improves productivity.
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Avoid penalties
  •  Proper bookkeeping ensures taxes are paid correctly and on time, reducing fines.
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Reconciliation support
  • : Regular reconciliation keeps your books accurate and up to date.
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Data security
  • We implement robust security protocols – passwords, encryption and firewall protection – to protect your financial data.
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Scalability:
  • Our services adapt to your business growth and changing needs.
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Professional guidance
  • As chartered accountants, we provide proactive advice that helps you comply with UAE regulations and identify opportunities.

Why Choose Us?

At Dubai Setup Advisors (DSA), we go beyond basic company registration. We provide strategic guidance, legal clarity, and operational support tailored for global entrepreneurs and investors entering the UAE market. Here’s why clients from over 30 countries trust us to build their presence in the Emirates:

Extensive Experience

End-to-End Service

Transparent Pricing

Global Perspective

Personalized Approach

Comprehensive Network

FAQs

  1. Bookkeeping focuses on recording and organising daily transactions (sales, purchases, receipts, payments), while accounting interprets and analyses those records to prepare financial statements and provide strategic guidance.
  1.  Outsourcing is cost-effective and gives you access to experts who keep your books accurate and compliant. It frees you to focus on growing your business and reduces overhead costs like salaries and benefits.
  1. We offer flexible schedules – daily, weekly, monthly or quarterly – depending on your transaction volume and reporting needs.
  1. You will need invoices, receipts, bank statements, transaction vouchers, payment slips and other supporting documents so that we can record and reconcile your accounts accurately.
  1. Backlog accounting reconstructs your financial records from the inception of your business. It is essential for start-ups and SMEs that neglected bookkeeping; it provides complete transaction history, aids cash-flow management and ensures compliance.
  1. Account reconciliation involves matching your internal records with external statements (bank, credit-card, supplier/customer ledgers) to ensure accuracy. It helps detect errors or fraud and keeps your financial statements reliable.
  1. We register your company with WPS, prepare salary files and ensure that at least 80 % of salaries are paid through the system within the mandated timeframe. We also handle gratuity calculations, payslips and end-of-service benefits.
  1. Yes. We implement stringent security measures including encryption, password protection, firewalls and VPNs to safeguard your data. We also adhere to confidentiality clauses.
  1. Absolutely. Our solutions are scalable and can adapt to increased transaction volumes, additional entities or complex reporting requirements.
  1. Expert accountants stay current with UAE laws and filing deadlines. Accurate bookkeeping ensures taxes and regulatory obligations are met, preventing penalties or licence suspensions.

Let's Build a Brand That Sells

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