Accounting and Bookkeeping Services in Dubai
IFRS Compliant Financial Management for UAE Businesses
Accounting services in Dubai by Skyway Corporate Services Providers prepare financial statements, ensure VAT compliance, report corporate tax in the UAE, manage payroll, reconcile banks, and prepare management accounts for mainland companies, free zone companies, SMEs, startups, and e commerce businesses. One team. One consistent financial picture.
- IFRS-compliant financial statements preparation
- VAT compliance and FTA return filing
- Corporate tax UAE preparation and filing
- WPS-compliant payroll processing
- Monthly bank reconciliation and management accounts
- ESR notification and annual report filing
Same team. The accountants managing your books formed your company and registered your VAT.
Accounting Consultancy: UAE Regulatory Framework
Tax accounting in Dubai is more complex than regular bookkeeping. The UAE has three distinct compliance obligations for businesses each with its own rules, thresholds, and penalties.
Applies to taxable supplies exceeding AED 375,000 per year. VAT returns filed quarterly or monthly. FTA penalties for errors start at AED 1,000 and increase with each subsequent error covering incorrect input tax claims, failure to claim output tax, and late filing.
AED 375K ThresholdImposed on profits over AED 375,000 from the financial year starting 1 June 2023. Free zone companies with qualifying income enjoy 0%. A common error by nospecialist bookkeepers is treating qualifying income as non qualifying, costing significant tax savings.
From June 2023Applies to UAE businesses in banking, insurance, investment fund management, lease-finance, headquarters, shipping, holding company, intellectual property, and distribution activities. Skyway verifies ESR applicability and handles annual notification and report filing.
Annual FilingThe accounting standard required for UAE companies is IFRS reporting. Financial statements not prepared to IFRS are not acceptable for bank loan applications, investor due diligence, or free zone audit submissions.
What Skyway Covers: Accounting Services in Dubai
Professional accounting services in Dubai encompass the entire compliance process from setting up the chart of accounts to preparing financial statements ready for audit.
| Accounting Service | What It Covers |
|---|---|
| Financial Statements | Balance sheet, income statement, cash flow statement, and statement of equity prepared to IFRS standards |
| Management Accounts UAE | Monthly and quarterly management accounts for internal decision making and investor reporting |
| VAT Compliance Dubai | VAT returns filing with the FTA, VAT registration, and input tax recovery |
| Tax Accounting Services | Corporate tax UAE return preparation, FTA filing, 9% corporate tax compliance for businesses above AED 375,000 annual profit |
| Payroll Services Dubai | WPS compliant payroll processing, salary calculations, leave, and end of service calculations |
| Bank Reconciliation | Monthly bank reconciliation across all accounts, multi-currency reconciliation for international businesses |
| Accounts Payable & Receivable | Supplier payment tracking, invoice management, debtor aging reports |
| Bookkeeping Dubai | Day to day transaction recording, general ledger maintenance, and trial balance |
| Budgeting & Forecasting | Annual budget preparation, cash flow forecasting, and variance analysis |
| Fixed Asset Register | Asset tracking, depreciation schedules, and disposal accounting |
Where a statutory audit is required by a free zone authority or lender, Skyway's corporate services network manages accounting and auditing in Dubai via a registered UAE auditor.
Why Businesses Choose Accounting Outsourcing in Dubai
Skyway's accounting outsourcing services include the entire accounting cycle for a fixed monthly fee scope determined by your transaction volume, business activity, employee count, and tax requirements.
Accounting Services: Businesses We Support
Bookkeeping and accounting services in Dubai are not one size fits all. The strategy for a free zone trading company differs from a professional services LLC or an e commerce enterprise with international suppliers.
DED licensed companies requiring IFRS compliant financial statements, VAT compliance, corporate tax UAE filing, and WPS payroll processing.
Required to submit audit ready accounts and free zone authority compliance reports annually. Covers IFZA, DMCC, JAFZA, RAKEZ, Meydan, and others.
Companies 1–3 years old requiring accounting services that scale with them without fixed overhead costs.
Multi currency transaction reconciliation, platform fee accounting (Amazon, Noon, Shopify), and VAT compliance on digital goods and services.
Import/export transaction accounting, trade finance reconciliation, inventory accounting, and AP management for supplier networks.
Consolidated group reporting, inter company transaction accounting, transfer pricing documentation support, and IFRS group financial statements.
Frequently Asked Questions
Accounting Services in Dubai by Skyways CSP
Financial statements, VAT compliance, corporate tax UAE, payroll, bank reconciliation, and management accounts all offered by Skyway Corporate Services Providers as part of a complete corporate services package.