FTANew companies must register for Corporate Tax within 3 months of incorporation. Late registration costs AED 10,000.

Accounting Services, Balance Brite UAE
Accounting and bookkeeping

Accounting Services in the UAE

An outsourced accounts team that keeps your numbers current, your VAT and corporate tax filings consistent and your management reports on your desk each month.

  • IFRSStandard
  • 7 years for corporate taxRecords kept
  • Monthly or quarterlyReporting
WhatsApp us
Overview

How it works in the UAE

Since corporate tax arrived, your accounts are no longer just for the bank and the licence renewal. Taxable income starts from accounting profit, so errors in the books flow straight into the tax return. The FTA expects records kept for at least seven years after the end of each tax period.

Our accountants work in cloud systems such as Zoho Books, QuickBooks and Xero, or inside the system you already use. You get a named accountant, a monthly close and reports you can actually read. Several clients tell us the biggest change is simply knowing their numbers every month.

What we do

What the service includes

Bookkeeping and record maintenance

Sales, purchases, expenses and payments recorded and filed.

Financial reporting

Profit and loss, balance sheet and cash flow each month or quarter.

Accounts payable and receivable management

Supplier payments scheduled and customer balances chased.

General ledger management

A clean chart of accounts with VAT and corporate tax mapping.

Bank reconciliation

Every bank and card account reconciled monthly.

Management reporting

Budgets, variance analysis and KPI packs for owners and boards.

Accounts clean up

Catch up and correction of books that have fallen behind.

Year end close

Adjustments and schedules ready for audit and the tax return.

Who it is for

  • SMEs without a full time finance team
  • Start ups that need investor ready numbers
  • Businesses whose books have fallen behind
  • Companies preparing for audit or corporate tax
Process

How we work with you

  1. Onboarding

    We review your current books, systems and chart of accounts.

  2. Setup

    We agree the monthly calendar, document flow and reports.

  3. Monthly close

    We record, reconcile and report each month.

  4. Year end

    We prepare the year end file for audit and corporate tax.

Checklist

Documents we usually need

  • Trade licence
  • Bank and card statements
  • Sales and purchase invoices
  • Payroll records
  • Previous financial statements, if any
  • Access to your accounting software

We confirm the exact list after a short review, as requirements vary by authority and case.

Deadlines and penalties

Record keeping rules and penalties

RuleDetail
Corporate tax recordsKeep for at least 7 years after the end of the tax period.
VAT recordsKeep for at least 5 years after the end of the tax period (longer for real estate).
Failure to keep records (corporate tax)AED 10,000 for each violation, AED 20,000 for a repeat within 24 months.
Failure to keep records (VAT)AED 10,000, rising to AED 20,000 for a repeat within 24 months.
Records not provided in Arabic on requestAED 5,000.
IFRS for SMEsAllowed where revenue is below AED 50 million.

Sources: Federal Decree Law No. 47 of 2022, Art. 56; Cabinet Decision No. 75 of 2023; Cabinet Decision No. 129 of 2025; Ministerial Decision No. 114 of 2023. Checked November 2026. Rules change, so we confirm the position for your case.

FAQ

Questions we hear often

Which accounting software do you use?

We work in Zoho Books, QuickBooks, Xero, Tally and others. If you do not have a system yet, we recommend one that fits your size.

How do we send you documents?

Through a shared folder, email or by connecting your bank feed and invoice tools directly to the accounting system.

Can you fix books that are months behind?

Yes. Catch up bookkeeping and clean up is one of our most common jobs, and we prioritise the periods needed for VAT and corporate tax.

How long must I keep accounting records?

At least seven years after the end of the tax period for corporate tax, and at least five years for VAT. Real estate records have longer periods.

Next step

Get a fixed quote for accounting services

Tell us a little about your business. We will reply within one business day with what is needed, the timeline and a fixed fee.

  • Straight answers from qualified accountants and tax agents
  • Fixed fees agreed before we start
  • Office in Al Fahidi, Dubai, and support across the UAE

Please enter your name.

Please enter a valid phone number.

Please enter a valid email address.

We reply within one business day. Your details go only to the Balance Brite team.

Thank you, your details are with us.

An adviser will be in touch shortly. For anything urgent, message us on WhatsApp or call +971 56 505 9557.