Accounting Services in Dubai, UAE
Welcome to Reyson Badger, your trusted CPA partner for comprehensive and up-to-date accounting solutions. Managing financial rules, following international accounting standards, and keeping up with changing tax laws can be challenging. That's why many businesses need expert advice to stay on track. Our team of seasoned accountants is dedicated to ensuring your business operates efficiently, maintains full regulatory compliance, and achieves its financial objectives in 2025 and beyond.
In a rapidly transforming economic environment, characterized by increasing digitalization, a focus on Environmental, Social, and Governance (ESG) reporting, and evolving tax landscapes, having a proactive and knowledgeable accounting partner is more critical than ever. We provide a full suite of accounting solutions tailored to the specific needs of your business in the UAE. Whether you are a startup, a small to medium-sized enterprise (SME), or a large corporation, our expertise ensures accurate financial reporting, strategic tax planning, and insightful financial advisory, allowing you to focus on your core business activities and drive sustainable growth.
What Makes Us Different from Other Accounting Companies?
- We're a CPA Accounting Firm: This means our core team consists of Certified Public Accountants. CPAs have achieved a high level of expertise through rigorous education, examination, and a commitment to ethical standards, offering you a distinct level of knowledge and trust.
- Tailored Solutions for Your Unique Needs: We understand that every business in Dubai and the UAE is different. We don't offer generic solutions; instead, we take the time to understand your specific financial situation and create services that truly support your success.
- Precise Attention to Detail: We take delight in being thorough. We understand that accuracy is paramount in accounting, and our team is dedicated to ensuring your financial records are precise.
- Deep Understanding of Local Regulations: Navigating the financial rules in Dubai and the UAE can be complex. Our expertise in local regulations ensures your business stays compliant and avoids potential issues.
- Empowering Financial Insights: We go beyond just number crunching. Our goal is to provide you with clear and valuable insights into your financial data, enabling you to make informed decisions for your business's growth.
Here is a more detailed look at how we may help your company:
By selecting Reyson Badger, you are collaborating with a company that values openness, scalability, and sustained expansion. Whether you’re an SME or a multinational corporation, our personalized approach ensures your accounting needs align with the UAE accounting standards while optimizing tax efficiency and operational performance.
What are the Accounting Methods in the UAE?
In terms of accounting methods, UAE businesses can choose between:
- Accrual Basis Accounting: This method records revenues and expenses when earned or incurred, regardless of when cash is received or paid.
- Cash Basis Accounting: This method records revenues and expenses when cash is received or paid. However, this method is only allowed for businesses with revenue not exceeding AED 3 million in a tax period, or in exceptional circumstances.
UAE businesses must also comply with Generally Accepted Accounting Principles (GAAP), which provides guidelines for accounting and financial reporting.
What are the Accounting and Bookkeeping Services in Dubai?
The demand for accounting and bookkeeping services in Dubai, UAE, is increasing day by day, and here is a detailed distribution of different services, their scope, activities, and key benefits.
Find the right accounting service for your business in Dubai and across the UAE. This table compares Bookkeeping, Financial Accounting, and Strategic Financial Management.
| Feature |
Bookkeeping Services (Foundation) |
Financial Accounting Services (Compliance & Reporting) |
Strategic Financial Management (Growth & Value) |
| Primary Goal |
Record daily transactions accurately. |
Ensure compliance; Report externally. |
Maximize value; Drive growth. |
| Core Activities |
- Enter all transactions.
- Manage Accounts Payable (AP).
- Manage Accounts Receivable (AR).
- Reconcile bank accounts.
- Process payroll (if applicable).
- Maintain General Ledger.
- Issue invoices & receipts.
- Prepare Trial Balance.
- Track & categorize expenses.
- Manage source documents.
- Handle UAE VAT records & filing
- Set up & maintain the Chart of Accounts.
- Manage petty cash.
- Basic fixed asset register maintenance.
|
- Prepare financial statements (P&L, Balance Sheet, Cash Flow).
- Ensure IFRS/GAAP compliance.
- Manage fixed assets; Calculate depreciation.
- Value inventory.
- Support external audits.
- Make period-end adjustments; Close books.
- Reconcile intercompany balances (for groups).
- Consolidate group financial statements.
- Develop accounting policies & procedures.
|
- Conduct advanced financial analysis.
- Develop & track KPIs.
- Forecast & optimize cash flow.
- Plan & optimize taxes (e.g., UAE Corporate Tax).
- Offer CFO advisory.
- Conduct capital budgeting; Appraise investments.
- Manage working capital efficiently.
- Support M&A (due diligence, valuation).
- Perform scenario planning & sensitivity analysis.
- Implement cost management & optimization.
- Drive shareholder value initiatives.
|
| Who Needs It? |
- All businesses (Startups, SMEs, Large Corps).
- Business owners (daily insights).
- Internal management (operational oversight).
|
- All businesses (Legal & regulatory necessity).
- UAE Regulators (FTA, DED).
- Banks & lenders.
- External auditors
|
- Growing businesses (Seeking scalability, profitability).
- Private equity & investors.
- Board of Directors & senior executives.
- Business owners seeking strategic growth.
|
| Key Benefits |
- Accurate, real-time records.
- Improve cash flow visibility.
- Simplify tax preparation.
- Reduce errors & fraud.
- Save the owner's time.
- Ensure organized financial data.
|
- Ensure legal & regulatory compliance.
- Provide transparent, credible reports.
- Streamline audits & due diligence.
- Attract investment & lending.
- Enhance external communication.
|
- Enable superior strategic decisions.
- Optimize capital structure.
- Increase shareholder value.
- Improve overall risk management.
- Fuel sustainable growth & expansion.
- Gain a competitive advantage.
|
What are the Different Types of Accounting Services in Dubai?
Comprehensive Accounting Services in the UAE by Reyson Badger:
- Management Accounting: Analysis of financial data to provide insights for business decision-making.
- Tax Accounting: Compliance with UAE tax laws and regulations, including VAT and corporate tax.
- Auditing: Objective examination of financial records to verify accuracy and regulatory adherence.
- Financial Planning: Assistance with budgeting, forecasting, and financial modeling.
- Accounting Advisory: Professional advice on accounting and finance issues.
- Internal auditing: We evaluate your internal controls and procedures to ensure they're working effectively and efficiently
- Financial Reporting: Preparation of financial reports, such as annual reports and quarterly reports.
- Compliance Services: Assistance with compliance with UAE laws and regulations, including labor laws and commercial laws.
- Payroll Services: Management of payroll processing, including salary calculation and tax compliance.
- VAT Services: We assist with VAT registration, returns, and compliance requirements.
- Financial Analysis: Analysis of financial data to provide insights for business decision-making.
- Accounting Software Implementation: Implementation and support of accounting software, such as QuickBooks and Xero.
Why Dubai Businesses Benefit from Outsourced Accounting?
Outsourcing accounting solutions can bring numerous benefits to businesses, including:
- Reduced labor costs and minimized investment in accounting infrastructure.
- Expert accounting professionals ensure accurate financial reporting and compliance.
- Streamlined accounting processes and reduced workload for in-house staff.
- Flexibility to adapt to changing business needs and growth.
- Specialist knowledge and experience in accounting and financial management.
Looking for the best accounting firms in Dubai? Read our expert guide: Top Accounting Firms in Dubai.
What are the Essential Accounting Services for UAE Startups?
UAE startups require good financial management to succeed and comply with local rules. Outsourcing accounting solutions helps startups focus on growth while ensuring accurate financial reporting.
- Bookkeeping & Financial Reporting – Maintaining accurate financial records, preparing financial statements, and generating reports.
- VAT Registration & Compliance - Expert assistance with registration, returns, and UAE tax law compliance.
- Payroll services: processing salaries, ensuring WPS compliance, and calculating employee benefits.
- Audit & Assurance – Conducting internal audits and ensuring compliance with UAE regulations.
- Tax Advisory & Planning – Helping startups minimize tax liabilities and adhere to corporate tax regulations.
- Financial Forecasting & Budgeting - Helping businesses plan strategically and manage cash flow effectively.
- Accounts Payable & Receivable Management – Ensuring timely payments and invoice processing to maintain smooth cash flow.
Premier Accounting Services by CPA Accountants in UAE
Our skilled CPA certified accountants make sure your finances are handled accurately and on time. Reyson Badger offers tailored accounting solutions in the UAE for businesses of all types. We provide services ranging from financial statement preparation and bookkeeping to tax compliance and payroll administration. We also help with financial planning, audits, VAT advice, and more. By letting us take care of your accounting, you can tap into expertise and work more efficiently, which helps you make better decisions and grow your business. We're Here to Help with Your Accounting – Get in Touch
You can learn more about how cloud accounting can benefit your business by checking out our blog: Cloud Accounting for Modern Businesses.
Don't let accounting mistakes hurt your UAE business - read our blog: Common Accounting Errors to Avoid
FAQs
How much do accounting solutions cost in Dubai?
The cost of accounting services in Dubai varies based on business size, complexity, and the scope of services required. On average:
- Basic bookkeeping: AED 1,000 – AED 3,000 per month
- Monthly Accounting & Reporting Services: AED 2,000 - AED 10,000+
- Audit & assurance services: AED 5,000 – AED 30,000+ (depending on company size)
Larger businesses or those requiring specialized Corporate Tax compliance, Chartered Accountant reviews, or Corporate Governance advisory may incur higher fees.
Is it mandatory for all businesses in the UAE to maintain accounting records?
Yes, under the UAE Commercial Companies Law, all companies registered in the UAE, including free zone entities, are legally required to maintain proper and accurate accounting records for a minimum of 5 years.
What documents are typically required by an accounting service provider?
Common documents include:
- Trade license, passport, and Emirates ID copies of owners/managers
- Proof of business activities and address
- Financial statements or evidence of turnover
- Bank account details
- Contact information for authorized signatories.
What are the popular accounting software in the UAE?
The popular accounting software in the UAE is QuickBooks, Odoo, Zoho Books, Xero, Sage Business Cloud, Tally, etc. For detailed information about these, check out this blog: Accounting Software in Dubai
Which accounting standard is used in the UAE?
The UAE follows IFRS for financial reporting, ensuring transparency and consistency. Publicly listed companies and large businesses must adhere to IFRS, while smaller businesses may use simplified accounting frameworks.
Do I need a Chartered Accountant (CA) for my business?
While not mandatory for all businesses, hiring a Chartered Accountant (CA) is recommended for:
- Audited financial statements (required for certain licenses)
- Corporate Tax compliance & transfer pricing
- Complex financial structuring & governance
- IFRS reporting & regulatory compliance
A CA ensures accuracy, tax efficiency, and strong Corporate Governance practices.
How Important is a Chart of Accounts for UAE businesses?
- A well-structured Chart of Accounts (COA) is important for:
- Organizing financial transactions systematically
- Simplifying financial reporting & tax filings
- Ensuring compliance with IFRS & UAE tax laws
- Supporting audits & internal controls
Are there any specific accounting requirements for certain industries in the UAE?
Yes. While IFRS is standard, industries like Real Estate, Financial Services, and Free Zones have specific accounting requirements due to unique operations or regulatory bodies (e.g., Central Bank, DIFC, ADGM). Also, Corporate Tax may have tax-specific accounting considerations.
Are all costs included, or are there additional fees to consider?
Fees can be both. Most ongoing services (bookkeeping, VAT) are offered on fixed-monthly packages based on business size and transaction volume. Variable or project-based fees apply for one-time tasks (e.g., system setup, backlog accounting, specialized tax advisory) or significant increases in service scope.
What extra fees or charges can I expect?
Good accounting firms are always upfront about their fees. You usually won't find "hidden" costs, but you might see additional charges if:
- Your needs change: For example, if your business grows a lot and has many more transactions than expected.
- You request services not outlined in your agreement: This could include special reports, additional advice, or assistance with very old (backlog) accounting work.
- Software licenses aren't included: Some packages cover software like QuickBooks, others might not. Always check.
- You need something done urgently: Rush jobs sometimes have extra fees.
Always read your service agreement carefully to understand exactly what's included and what may incur additional costs.
