Accounting & Payroll Services in Dubai, UAE
You can rely on our IFRS-compliant accounting services to keep your business financially healthy and legally compliant in the UAE.
Our Accounting Services Include
Daily Financial Tasks
Our accountants handle recording, updating, and reconciling your daily financial transactions — easing your workload and minimizing staffing costs.
Payroll Management
We manage various monthly payroll tasks, including generating reports, calculating gratuities, and issuing pay slips.
Account Reconciliation
Ensure accuracy in your general ledger figures and balance reconciliation with our assistance.
Audit Support
Receive support during financial audits to maintain compliance with International Financial Reporting Standards (IFRS).
Financial Reporting
We provide detailed financial reports to analyze your business performance effectively.
Are your financial records accurate and compliant with UAE standards?
Dubai adheres to GAAP principles set by the IFAC. These principles govern income, expenses, and revenue recognition. Assets and liabilities are measured at fair value, ensuring transparency and compliance.
Running a business in Dubai is rewarding but challenging, especially regarding accounting. Adhering to these policies is crucial for success.
Many businesses face challenges with accounting, risking penalties or license suspension.
Financial records must be maintained as per UAE Federal Law for a minimum of five years, recommended ten for tax compliance.
Receipts are mandatory for transactions up to AED 1,000, bearing business details, issuance date, and transaction particulars.
Bank transactions require supporting bank statements, detailing transaction specifics and recipient information, allowing for electronic record-keeping.
VAT compliance has been mandatory for all UAE companies since January 1, 2018, necessitating a coherent VAT Return Policy aligned with industry standards.
Invoices, credit notes, contracts, and original bank statements are essential, with copies deemed unacceptable.
Why Trust Your Accounts to DASA
Outsourcing essential business accounting processes is usually cheaper than hiring full-time, salaried staff.
When you have business accounting partners on the end of a phone at all times, the help and advice you need are always available.
What’s more important: processing payroll this week or attending to the needs of your customers? In most cases, the best use of your time will involve improving your products or services. Leave the rest to business accounting specialists in Dubai like us.
Particularly if you’re new to the UAE, complying with all the regulatory and taxation requirements involved in running a business can be challenging. But when you have experienced experts in charge, they’ve got your back at all times.
Keeping up with the latest software packages can be expensive and disruptive. But when you outsource business accounting in Dubai, you let your service provider worry about such issues — while you focus on running your business.