Accounting & Payroll Services in UAE
Streamline Your Business Finances with Estabia's Accounting Services
Keeping accurate and up-to-date financial records is essential for the success of any business, regardless of its size. At Estabia, we provide comprehensive accounting services aligned with International Financial Reporting Standards (IFRS) to help you make informed business decisions, manage costs, and measure financial performance. Our team of certified accountants ensures seamless financial management, compliance, and reporting.
Our Accounting Services
1. Bookkeeping
We handle the daily recording of financial transactions, ensuring your books are always accurate and reconciled with bank statements.
2. Payroll Management
From salary processing to gratuity calculations and payslips, we take care of your monthly payroll, ensuring accuracy and compliance with UAE labor laws.
3. Account Reconciliation
We verify that your general ledger and bank balances are aligned, ensuring your financial data is correct and up to date.
4. Audit Support
Our accountants assist in preparing and organizing financial records for audits, ensuring compliance with IFRS and UAE regulations.
5. Financial Reporting
We generate key financial reports, including:
✔ Trial balance
✔ Profit and loss statements
✔ Balance sheets
✔ Cash flow reports
✔ General ledgers
A Guide to Business Accounting in Dubai
Why Proper Accounting Matters
In Dubai, maintaining accurate financial records is mandatory under UAE law. Poor bookkeeping can lead to penalties, compliance risks, and operational inefficiencies. With upcoming corporate tax regulations in 2023, having a solid accounting system is more crucial than ever.
Key UAE Accounting Policies
📌 Record Keeping – Businesses must retain financial records for at least 5 years for tax compliance and legal audits.
📌 Bank Transactions – All transactions must be supported by bank statements, detailing dates, recipient information, and amounts.
📌 VAT Compliance – UAE businesses must register for Value Added Tax (VAT) if their taxable revenue exceeds AED 375,000 annually.
📌 Supporting Documents – Invoices, contracts, and credit notes must be properly recorded to ensure compliance with UAE financial regulations.
In-House vs. Outsourced Accounting: Which Is Better?
Many businesses in Dubai struggle with accounting due to limited resources and expertise. While hiring an in-house accountant is an option, outsourcing provides:
✅ Cost Savings – No need for full-time salaries, benefits, or office space.
✅ Expertise – Gain access to specialized accounting professionals.
✅ Compliance Assurance – Ensure alignment with UAE tax and financial regulations.
✅ Time Efficiency – Focus on growing your business while we handle the numbers.
Why Businesses in Dubai Outsource Accounting
🔹 Payroll Management – We process salaries, employee benefits, and ensure timely payments.
🔹 Tax & VAT Accounting – Proper VAT returns and corporate tax preparation.
🔹 Bookkeeping & Reconciliation – Organized financial records and accurate transactions.
🔹 Financial Strategy & Planning – Expert insights to optimize cash flow and profitability.
Meet UAE’s Corporate Tax & VAT Compliance with Estabia
With new UAE tax regulations in place, ensuring compliance with VAT and corporate tax laws is critical. Our tax advisors assist in:
📍 VAT & Corporate Tax Planning
📍 Quarterly VAT Returns
📍 FTA Registration & Compliance
📍 Tax-Efficient Business Strategies
Why Choose Estabia?
At Estabia, we simplify accounting so you can focus on growing your business.
✔ Certified Accountants – Experts in UAE tax, VAT, and IFRS compliance.
✔ Personalized Support – Tailored accounting solutions for your business.
✔ Advanced Technology – Secure cloud-based financial management.
📞 Need Expert Accounting Assistance? Contact Estabia today!
