Our Services

01 What is included in your accounting and bookkeeping services?

Our services may include recording transactions, bank reconciliation, accounts payable and receivable, financial statement preparation, expense tracking, and management reporting. The exact scope depends on your business requirements and agreed service package.

02 Is bookkeeping mandatory for UAE businesses?

UAE businesses are generally required to maintain appropriate accounting records under applicable laws. The specific requirements depend on the business structure and relevant regulations.

03 How often should my accounts be updated?

Monthly bookkeeping is generally recommended. Regular updates help you monitor cash flow, track expenses, understand profitability, and prepare for tax reporting and other financial obligations.

04 Can you manage bookkeeping for a business with very few transactions?

Yes. We can assess your transaction volume and requirements to recommend a suitable bookkeeping arrangement for your business.

05 Can you update my previous or incomplete accounting records?

Yes. Depending on the available documents and the condition of your records, we can assist with historical bookkeeping, account reconciliation, and identifying missing information. Additional work may require a separate quotation.

01 Does my business need to register for VAT?

For UAE resident businesses, mandatory VAT registration generally applies when taxable supplies and imports exceed AED 375,000 over the previous 12 months or are expected to exceed that threshold in the next 30 days. Voluntary registration may be available from AED 187,500, subject to applicable rules.

02 Do I need to file VAT returns if my business has no sales?

A VAT-registered business generally must file its VAT return for each required tax period, even if it has no sales. The return should accurately reflect the business's actual transactions and circumstances.

03 What VAT services do you provide?

Our VAT support may include registration assistance, return preparation, record reviews, reconciliations, payment calculations, and guidance on applicable filing requirements.

01 Is Corporate Tax registration mandatory for every UAE company?

Many UAE companies, including numerous mainland and free zone entities, must register for Corporate Tax even if they have no tax payable. Specific exemptions and registration rules may apply depending on the entity and its circumstances.

02 What are the UAE Corporate Tax rates?

The most common standard rate for taxable income above AED 375,000 is 9%. Special rules may apply to qualifying Free Zone persons or other categories of taxpayers.

03 What is Small Business Relief (SBR)?

Small Business Relief is an optional relief for eligible UAE resident taxable persons. Generally, a qualifying business must have revenue of AED 3 million or less in the relevant tax period and all previous tax periods, subject to the applicable conditions, eligibility, exclusions, and the latest published rules.

04 What is the difference between SBR and standard Corporate Tax filing?

Eligible businesses that elect for SBR may be treated as having no taxable income for the relevant tax period. Standard filing involves calculating taxable income after applicable adjustments, claiming deductions and reliefs, and determining the resulting tax liability.

05 Do free zone companies pay Corporate Tax?

Free zone companies are generally subject to UAE Corporate Tax framework. A Qualifying Free Zone Person can benefit from a 0% rate on qualifying income if the applicable conditions are met. Free zone registration alone does not guarantee a 0% rate.

06 Do you provide transfer pricing support?

We can assist with identifying relevant related party transactions, organizing supporting information, and preparing documentation and disclosures within our agreed service scope. Specific transfer pricing obligations depend on the business's circumstances and applicable regulations.

01 Does every UAE business need AML compliance services?

No. AML obligations depend on the business's activities and regulatory classification. Certain financial institutions and designated non-financial businesses and professions are subject to specific AML requirements. Businesses should assess their activities to determine their obligations.

02 What AML support can you provide?

Depending on the applicable requirements and our contractual service scope, support may include AML applicability assessments, risk assessment, policy documentation, KYC and customer due diligence procedures, record organization, and compliance reviews.

03 What is goAML registration?

goAML is the UAE Financial Intelligence Unit's platform for submitting relevant suspicious transaction and suspicious activity reports. Registration requirements depend on the entity's classification and applicable reporting obligations.

01 Is an annual audit mandatory for every UAE company?

Not necessarily. Audit requirements depend on the company's legal structure, relevant regulations, free zone rules, licence conditions, and other applicable requirements.

02 What is the difference between audit support and a statutory audit?

Audit support involves preparing financial records, reconciliations, and supporting schedules and coordinating with the appointed auditor. A statutory audit is an independent examination performed by an appropriately licensed and appointed audit firm.

03 Can you help prepare our records before an audit?

Yes. We can help organize accounting records, reconcile balances, prepare supporting schedules, and coordinate in document gathering requests from your independent auditor, subject to the agreed scope of work.

01 What are PRO Services?

PRO Services generally involve administrative assistance with government procedures, including trade licence renewals, visa applications, work permits, document attestations, and other official paperwork.

02 Can you help with trade licence renewals and employee visas?

We can assist with eligible routine tasks and administrative coordination, depending on relevant authority procedures and our agreed service scope. Final approval remains with the competent authority.

03 Are government fees included in your PRO service charges?

Government fees and third-party charges may be separate from our professional service fees. We will clarify the applicable charges in the quotation before proceeding.