Accounting in the UAE
All companies registered in the UAE are required to maintain accounting records.
In addition, accounting records must also be maintained by individuals carrying out entrepreneurial activities without incorporation of a legal entity.
This rule applies to both Mainland residents and Free Zone residents.
In connection with the introduction of corporate tax in the UAE, the obligation to maintain accounting records has acquired particular importance, as corporate tax accounting is based on IFRS rules. In addition, a company is required to attach financial statements to its tax return when submitting it to the UAE tax authorities.
Accounting also plays a key role in understanding the company’s current financial position and serves as the basis for making sound and well-informed management decisions.
Accounting in the UAE is maintained in accordance with International Financial Reporting Standards (IFRS).
Taking into account that one of our key areas of activity is tax consulting, maintaining accounting records with our company also means competent management of tax risks and an increase in the tax efficiency of the business.
In addition, we have experience in supporting accounting and taxation of complex structures, including groups of companies, foundations (funds), unincorporated partnerships, and trusts.
In addition, accounting records must also be maintained by individuals carrying out entrepreneurial activities without incorporation of a legal entity.
This rule applies to both Mainland residents and Free Zone residents.
In connection with the introduction of corporate tax in the UAE, the obligation to maintain accounting records has acquired particular importance, as corporate tax accounting is based on IFRS rules. In addition, a company is required to attach financial statements to its tax return when submitting it to the UAE tax authorities.
Accounting also plays a key role in understanding the company’s current financial position and serves as the basis for making sound and well-informed management decisions.
Accounting in the UAE is maintained in accordance with International Financial Reporting Standards (IFRS).
Taking into account that one of our key areas of activity is tax consulting, maintaining accounting records with our company also means competent management of tax risks and an increase in the tax efficiency of the business.
In addition, we have experience in supporting accounting and taxation of complex structures, including groups of companies, foundations (funds), unincorporated partnerships, and trusts.
Contact information
Artem Malygin
Managing Partner
Our Services
IFRS Accounting services
Preparation of financial statements
Filing VAT and Corporate Income Tax returns
VAT and Corporate Income Tax registration
Transfer pricing management
Payment management in online banking
Accounting recovery
You can find out more about these services
and professional cases
in our telegram channel
and professional cases
in our telegram channel
IFRS Accounting services
We provide full and regular accounting services in accordance with IFRS requirements, taking into account the specifics of UAE legislation and the requirements of the tax law.
Each client is assigned a manager and an accountant who are available via messengers and by phone, ensuring prompt resolution of any issues.
Payment management in online banking
We provide services for setting up and managing payments in online banking, including assistance with collecting documentation requested by banks for transaction processing. Our specialists have extensive practical experience working with compliance departments of UAE banks.
Accounting recovery
If it is necessary to submit a corporate tax return in the near future, but accounting records were not maintained for previous periods, we are ready to promptly restore accounting records for prior years, prepare accurate financial statements, and prepare data for filing a tax return or for submission to directors / shareholders / auditors.
Preparation of financial statements
We prepare financial statements (P&L, Balance Sheet, Cash Flow) for management purposes, banks, investors, as well as for submission to the UAE tax authorities.
Filing VAT and Corporate Income Tax returns
Based on properly maintained accounting records, we file corporate income tax and VAT returns in the UAE, ensuring compliance with all legislative requirements.
VAT and Corporate Income Tax registration
Services for registration of companies and individuals for tax purposes in the UAE.
Transfer pricing management
Services for establishing and managing pricing for intragroup transactions in order to comply with UAE tax legislation.
We provide full and regular accounting services in accordance with IFRS requirements, taking into account the specifics of UAE legislation and the requirements of the tax law.
Each client is assigned a manager and an accountant who are available via messengers and by phone, ensuring prompt resolution of any issues.
Payment management in online banking
We provide services for setting up and managing payments in online banking, including assistance with collecting documentation requested by banks for transaction processing. Our specialists have extensive practical experience working with compliance departments of UAE banks.
Accounting recovery
If it is necessary to submit a corporate tax return in the near future, but accounting records were not maintained for previous periods, we are ready to promptly restore accounting records for prior years, prepare accurate financial statements, and prepare data for filing a tax return or for submission to directors / shareholders / auditors.
Preparation of financial statements
We prepare financial statements (P&L, Balance Sheet, Cash Flow) for management purposes, banks, investors, as well as for submission to the UAE tax authorities.
Filing VAT and Corporate Income Tax returns
Based on properly maintained accounting records, we file corporate income tax and VAT returns in the UAE, ensuring compliance with all legislative requirements.
VAT and Corporate Income Tax registration
Services for registration of companies and individuals for tax purposes in the UAE.
Transfer pricing management
Services for establishing and managing pricing for intragroup transactions in order to comply with UAE tax legislation.
Contact information
Artem Malygin
Managing Partner
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