Bookkeeping services in Dubai, UAE

Book A Free Consultation

In the United Arab Emirates, a number of laws mandate bookkeeping, regardless of the volume, kind, or sector of business. In addition to being a legally required process, accounting aids in managing businesses, monitoring financial health, accurately recording payments and receipts, and adhering to other local laws in the jurisdiction. An appropriate accounting system requires an appropriate book.

Implementing ERP programs, bookkeeping software, and other office suites speeds up processes, lowers mistake rates, and requires fewer human interventions. The preferred accounting services provider in Dubai, Rewind Consultancy, prides itself on listening to its client’s needs and creating solutions that meet those needs to reduce costs.

Requirements of Bookkeeping Services in Dubai

  • Reliable and current financial data facilitates more precise financial forecasting and budgeting, which helps your company plan for growth and allocate resources more effectively.
  • You can make the most out of your tax planning with monthly accounting. By utilising the incentives and deductions that are available, this can result in significant savings.
  • Accounting services in Dubai, UAE, are necessary since financial statements are crucial for internal and external stakeholders, such as creditors and investors. Ensure that your balance sheets and income statements are completed on schedule.
  • A clear monthly picture of your company’s financial status can help you better manage cash flow and ensure it has the liquidity it needs to function.
  • Monthly accounting can expedite the audit process and provide organised, up-to-date financial data to auditors, reducing the time and cost of auditing services.
Book A Free Consultation

What are Documents Required for Bookkeeping Services?

  • Previous financial statements consisted of cash flow, income, and balance sheets.
  • Copies of all business bank statements containing credit card, savings, and checking accounts.
  • Copies of purchase invoices, sales invoices, receipts, and expense reports are all considered invoices and receipts.
    Records related to employee earnings, bonuses, benefits, salaries, and payroll taxes.
  • Copies of agreements, leases, contracts, and other court records about company activities.
  • Records related to tax filings include invoices for taxes, VAT (Value Added Tax) returns, and receipts for payments made toward taxes.
  • Lists of inventory, stock registers, and documentation of items bought and sold are examples of inventory records.
  • Records related to the purchase, depreciation, and disposal of fixed assets, such as real estate, machinery, and automobiles, are referred to as fixed assets records.
  • Records of various expenses, petty cash transactions, and reimbursements are included under the expenses and petty cash category.
  • Copies of the licenses, permits, and registrations needed for businesses to operate in Dubai.
  • Articles of Association, Memorandum of Association, and further corporate governance documents are examples of corporate documents.
  • Records of financial transactions, including contracts, invoices, receipts, and correspondence letters.

Why Choose Rewind Consultancy?

Rewind Consultancy is an ISO 9001:2015 certified accounting and bookkeeping firm renowned for its individualised services. In addition to business consulting services, including customer service, technology resources, and personnel management, we offer accounting, legal, and auditing services. We make it simple and stress-free for you to utilise all these services. We strive to ease your financial burden.

We are a top-tier professional accounting service company in Dubai. We provide accounting and financial services to small and medium-sized businesses, CFOs, accounting firms, law firms, and shared service centers nearby. Also, our services are customised as per your business. Hence, you can rely on Rewind Consultancy in Dubai for comprehensive financial solutions.

We rank among the top accounting firms in the United Arab Emirates, offering services ranging from accounting and auditing to business formation, tax advisory, business appraisal, expert counsel, support from PROs, and property management. We serve customers in the entire United Arab Emirates. For more information – contact us, and we will get back to you!

FAQ

Can UAE-based firms do their bookkeeping or employ a professional service?
Some small firms try to do their accounts. However, it is highly advisable to avail professional bookkeeping services in the UAE. Professional bookkeepers handle finance-related concerns, while business owners concentrate on their core competencies by ensuring accurate record-keeping, compliance with local rules, and timely financial reporting.
There are several advantages to bookkeeping services in the United Arab Emirates, such as – cost-effectiveness, availability of specialist knowledge, enhanced accuracy and compliance, time savings for business owners, and scalability to support expansion.
Businesses of all sizes and various industries in the United Arab Emirates can benefit from bookkeeping services, including startups, major corporations, multinational organisations, and small and medium-sized enterprises (SMEs). Precise accounting documentation is crucial for any organisation, regardless of its age or stage of development.
Businesses in the UAE that use professional accounting services ensure their taxable income, financial records, and taxes are in check. This reduces the possibility of fines or audits and helps firms remain in compliance with local tax laws and regulations.
At Rewind Consultancy, our expertise lies beyond traditional auditing. We are based in Dubai, offering a range of professional services in auditing, accounting, and all business-related solutions.

Contact Us

Follow Us

Instagram Facebook-f Linkedin-in Twitter

Audit & Assurance

Excise Tax

Accounting & Bookkeeping

Business Consultancy

Corporate Tax

VAT Services

Tax Compliance

Management Consultancy

Mergers & Acquisitions

Copyright 2024 Rewind Productions | All Rights Reserved

Book A Free Consultation

Book and let us know what you need. Our experts know how to deliver the best.