Accounting and Auditing Services in Dubai, UAE
Reliable accounting support to help your business stay organised, informed and financially compliant.
Managing your business finances takes more than recording transactions. You need accurate books, clear financial reports and a proper understanding of your financial position. Al Aseel Business Hub provides accounting, bookkeeping and financial reporting support for startups, SMEs and established businesses across the UAE.
Whether you need regular bookkeeping or assistance preparing for an annual audit, our team can help you understand the requirements and organise your financial records.
Our Accounting and Auditing Services
Select a service to see what is included. Accounting, bookkeeping and independent auditing are different services, and our audit support is preparation and coordination with your appointed external auditor.
Bookkeeping Services
Keep your business transactions organised with consistent bookkeeping support. We help maintain accurate records of your income, expenses, purchases, sales and other financial activities.
- Recording daily financial transactions
- Maintaining sales and purchase records
- Tracking business income and expenses
- Bank and cash reconciliations
- Accounts payable and receivable tracking
- Organising invoices, receipts and supporting documents
Financial Statement Preparation
Understand your business performance through properly organised financial statements.
- Profit and loss statements
- Balance sheets
- Cash flow statements
- General ledger preparation
- Trial balance preparation
- Financial summaries and reporting
Accounting and Financial Reporting
Get a clearer picture of your business finances with regular accounting support.
- Maintaining accounting records
- Monthly and quarterly financial reporting
- Reviewing income and expenditure
- Monitoring business expenses
- Identifying discrepancies in financial records
- Supporting management with financial information
VAT Accounting Support
Keep your VAT records organised and ready for reporting.
- Organising VAT-related sales and purchase records
- Reviewing tax invoices and supporting documents
- Tracking input and output VAT information
- Reconciling VAT records with accounting entries
- Supporting VAT return preparation and filing, where agreed
Corporate Tax Accounting Support
Prepare your financial records to support your UAE Corporate Tax obligations.
- Organising income and expense records
- Reviewing accounting information relevant to Corporate Tax
- Preparing financial information for tax calculations
- Supporting the preparation of tax-related financial reports
- Coordinating with the relevant tax professional where required
Tax filing and advisory work is handled only within the agreed service scope, by appropriately authorised professionals where required.
Payroll Accounting
Keep employee payment records organised and accurate.
- Monthly salary calculations and records
- Payroll summaries
- Employee payment tracking
- Leave and allowance records
- Payroll-related accounting entries
- Coordination of payroll documentation
Audit Preparation and Coordination
Prepare your business records for an external audit with better organisation and documentation.
- Organising financial statements and accounting records
- Preparing supporting schedules
- Arranging invoices, receipts and bank statements
- Reconciling accounts before the audit
- Coordinating document requests
- Supporting communication with the appointed external auditor
Statutory audit opinions and audit reports must be issued by appropriately licensed auditors. Our audit service is preparation and coordination with your appointed external auditor.
Who Can Benefit from Our Services?
Startups
Establish organised accounting records from the beginning.
Small and medium-sized businesses
Manage everyday transactions and financial reporting.
Mainland companies
Maintain business accounts and prepare financial information.
Free zone companies
Organise financial statements and understand applicable reporting requirements.
Trading companies
Track purchases, sales, inventory-related records and expenses.
Service-based businesses
Monitor revenue, operating expenses and cash flow.
E-commerce businesses
Organise online sales, platform fees, refunds and payment records.
Growing companies
Improve financial visibility as business operations expand.
Why Is Proper Accounting Important for UAE Businesses?
Accurate accounting helps business owners understand what is happening financially and make better decisions.
With organised accounting records, your business can:
- Monitor profitability and operating costs
- Understand cash flow and outstanding payments
- Prepare financial statements
- Support VAT and Corporate Tax compliance
- Respond more efficiently to audit and documentation requests
- Make informed business and expansion decisions
Under UAE Corporate Tax rules, taxable persons generally need to retain relevant records and documents for at least seven years following the end of the relevant tax period. Confirm the applicable rule for the specific taxpayer and records.
Our Accounting Process
Understand your business
We learn about your business activity, company structure and accounting requirements.
Review existing records
We assess available invoices, bank statements, expense records and previous accounts.
Organise financial information
We help structure the records and identify missing supporting documents.
Maintain and reconcile accounts
Transactions are recorded and relevant accounts are reconciled according to the agreed scope.
Prepare financial reports
We prepare or coordinate the agreed financial statements and reports.
Ongoing support
We help you maintain organised records and prepare for relevant reporting or audit requirements.
Get Your Records Ready
Common documents include the following. The exact checklist depends on the service required. Tap the ones you already have.
Accounting Requirements in the UAE
Accounting records and annual accounts
Businesses operating in the UAE must maintain accounting records in accordance with applicable laws and regulations. The UAE Commercial Companies Law includes requirements for companies to maintain accounting records and prepare annual financial accounts. It also provides for annual audits for certain company types, including limited liability companies and joint stock companies. Other requirements may apply depending on the company's legal form and regulator.
Corporate Tax record retention
Relevant records generally need to be retained for at least seven years after the end of the relevant tax period, subject to the applicable rules.
Not every business has identical audit obligations. Requirements can depend on legal structure, applicable company law, free zone authority, sector regulator and tax rules. Confirm your specific obligations rather than assuming every company follows the same audit requirement.
Why Choose Al Aseel Business Hub?
- UAE business support: assistance for businesses operating across the Emirates
- Practical accounting guidance: support with organising records and understanding accounting requirements
- Business-focused approach: services for startups, SMEs and established companies
- Tax-related accounting support: help organising financial information relevant to VAT and Corporate Tax
- Audit coordination: assistance preparing documents and coordinating with the appointed auditor
- One point of contact: access to other business support services offered by Al Aseel
Frequently Asked Questions
What accounting services are available in Dubai?
Accounting services can include bookkeeping, financial statement preparation, bank reconciliation, payroll accounting, accounts payable and receivable tracking, financial reporting and tax-related accounting support.
Is bookkeeping mandatory for UAE businesses?
UAE businesses are subject to applicable accounting and record-keeping requirements. The exact obligations depend on the company's legal form and relevant laws.
Do all UAE companies need an annual audit?
No single rule should be assumed to apply to every business. Audit requirements depend on the company's legal structure, applicable legislation, free zone rules and sector-specific regulations. Some company types are expressly subject to annual audit requirements.
What documents are needed for accounting services?
Common documents include bank statements, sales and purchase invoices, expense receipts, previous financial statements, payroll records, business licence details and relevant tax records. The exact checklist depends on the service required.
Can you help with accounting for VAT and Corporate Tax?
Accounting support can help organise financial records and prepare information relevant to VAT and Corporate Tax reporting. Tax filing and advisory work should be included only within the agreed service scope and handled by appropriately authorised professionals where required.
What is the difference between accounting and auditing?
Accounting involves recording, organising and reporting financial transactions. Auditing is an independent examination of financial statements and supporting records, resulting in an auditor's opinion.
Can a new company outsource its accounting?
Yes. Outsourcing accounting support can help new businesses maintain organised financial records without building a full in-house accounting department.
Can Al Aseel help prepare our company for an audit?
Al Aseel can assist with organising financial records, preparing supporting documents and coordinating with the appointed external auditor, subject to the agreed service scope.
Verify current requirements with official sources: UAE Commercial Companies Law, UAE Corporate Tax Law, FTA Corporate Tax FAQs and record keeping, Ministry of Economy and Tourism: auditing legislation.
Need Professional Accounting Support for Your UAE Business?
From everyday bookkeeping to financial statement preparation and audit coordination, Al Aseel Business Hub can help you keep your business finances organised. Speak with our team to understand the accounting support your business needs.
