UAE accounting requirements have changed. Corporate tax demands IFRS-compliant books, 7-year record retention, and annual filings. VAT records must be kept for 5 years. Statutory audits are mandatory above AED 50 million. E-invoicing starts in 2026. Riz & Mona Consultancy handles bookkeeping, tax filing, payroll, and compliance so your business stays ahead of every deadline.
Accounting services in Dubai cover bookkeeping, financial reporting, VAT filing, corporate tax compliance, payroll, and audit preparation for businesses operating in the UAE.
Since corporate tax launched in June 2023, every UAE business must maintain IFRS-compliant financial statements that feed directly into tax filings. This changed accounting permanently.
VAT records stay on file for 5 years. Corporate tax records for 7. Free zone companies claiming 0% tax need audited financials. The margin for error is small and penalties are real.
Hiring a full-time finance team is expensive and often unnecessary. Outsourced accounting gives you the same expertise at a fraction of the cost, with better compliance coverage.
The 9% tax created new record-keeping demands. Most in-house teams are not built for CT filings, transfer pricing, and IFRS adjustments.
QFZP status demands audited financials and qualifying income tracking. One accounting error can disqualify your entire tax period.
Late VAT filings, incorrect input claims, or missing records trigger FTA penalties that compound. Accurate books prevent all of these.
From 2027, all B2B invoices must be structured XML through an ASP. Your accounting system needs to output data in the correct format.
Cloud-based outsourced accounting gives you live dashboards, instant reports, and cash flow tracking without waiting for month-end.
Add entities, new revenue streams, or expand to new emirates without recruiting. Your accounting scales with your business automatically.
Your accounting requirements depend on your company size, structure, and jurisdiction. Find your business type below to see exactly what you need.
New businesses and solo operators who need clean books from day one without a full finance team.
Growing businesses that need full-service accounting, payroll, and tax compliance to operate without gaps.
DMCC, JAFZA, IFZA, DIFC, and other free zone entities that need QFZP-ready financials for 0% tax.
High-revenue businesses that need statutory audits, advanced reporting, multi-entity consolidation, and CFO advisory.
Online sellers on Amazon, Noon, and Shopify who need multi-channel reconciliation and marketplace VAT.
Businesses forming through Riz & Mona that want accounting built into their setup from the start.
Steps 1 to 3 happen once during onboarding. Steps 4 to 6 repeat ongoing as long as we manage your books. Most businesses are fully onboarded within 2 to 3 weeks.
We review your structure, revenue, bank accounts, and current books. You get a compliance gap assessment.
We set up Zoho, QuickBooks, or Xero. Chart of accounts, bank feeds, and integrations go live. Data migrated.
If your books are behind, we reconcile historical data. Opening balances set for accurate forward reporting.
Every transaction recorded, categorized, and reconciled. You get a management report by the 10th each month.
VAT returns filed on time. Corporate tax records updated. All supporting documents organized for FTA review.
Annual financials prepared per IFRS. Audit files packaged. Corporate tax return filed within the deadline.
Accounting costs in Dubai depend on your transaction volume, entity count, payroll size, and compliance requirements. Here are indicative ranges for the most common business profiles. Riz & Mona Consultancy provides a personalized quote after a free consultation.
AED 500 - 1,500 / month
For freelancers, micro-businesses, and single-entity startups with low transaction volumes. Covers bookkeeping, basic reporting, and VAT filing support.
AED 1,500 - 4,000 / month
For SMEs with active trading, payroll, and regular VAT filings. Includes monthly management reports, corporate tax support, and a dedicated account manager.
AED 4,000 - 10,000+ / month
For multi-entity businesses, high-volume traders, and companies requiring statutory audit prep, CFO advisory, and advanced multi-jurisdiction reporting.
More monthly transactions mean more bookkeeping time. A trading company with 500+ invoices costs more than a consultancy with 30.
Each legal entity needs its own books, reconciliations, and tax filings. Multi-entity groups require consolidation.
Payroll scales with employee count. WPS compliance, leave calculations, and end-of-service gratuity add processing time.
Statutory audit prep means packaging audit-ready files and coordinating with your auditor. This adds to the scope.
All prices are indicative monthly ranges based on typical Dubai business profiles. Actual costs depend on your setup. Riz & Mona provides a detailed quote after a free review.
Free zone and mainland companies share some accounting rules but diverge on audit, tax treatment, and reporting. See the key differences side by side below.
DMCC, JAFZA, IFZA, DIFC, ADGM, RAKEZ, and other UAE free zones.
DET-licensed LLCs, sole establishments, and branch offices across all emirates.
Not Sure What Your Company Needs?
Your accounting scope depends on your jurisdiction, revenue, and entity structure. Riz & Mona reviews your setup and builds a plan specific to your business.
Corporate tax, VAT, audits, and e-invoicing have made accounting in Dubai more demanding than ever. Riz & Mona keeps your financials compliant, current, and clear. Start with a free review.
