Accounting
Accounting Services in Dubai and the UAE
Corporate tax, VAT and e-invoicing have turned bookkeeping from a back-office chore into the foundation of every filing a UAE business makes. The tax return starts from the accounts, the VAT return is reconciled to the ledger, the free zone 0% rate depends on properly classified income, and the bank and the licensing authority both want financial statements they can rely on. Books that are late, incomplete or kept in a spreadsheet now carry a tax cost.
Reflechir keeps the books for businesses across Dubai and the UAE to IFRS, closes them every month, and prepares the financial statements the tax return, the bank and management need, using systems we configure and run ourselves.
What we do
- Monthly Bookkeeping: transactions recorded, bank and supplier accounts reconciled, VAT coded correctly and management accounts delivered every month on a fixed fee.
- Payroll Management: monthly payroll, WPS files, end-of-service and leave accruals, and payroll journals posted to the ledger.
- Accounting Backlog Compilation: months or years of unrecorded transactions rebuilt into reconciled, IFRS-based accounts ready for the corporate tax return.
- Fixed Assets Control: a register that agrees to the ledger, the physical assets and the tax computation, with depreciation and disposals handled consistently.
- Inventory Control: counts, costing and controls so the stock figure is one you can defend to the FTA and to management.
- Standard Operating Procedures: written finance procedures so the process survives staff changes and satisfies regulators and lenders.
How the engagement works
Reflechir reviews the current records and systems, agrees the scope and a fixed monthly fee, and sets up or tidies the accounting system with a chart of accounts designed around the VAT return and the corporate tax computation. From then on the books are closed monthly, management accounts are issued on a fixed date, and the year-end financial statements and tax computations follow from the same records without a separate clean-up exercise.
Why Reflechir
- Tax-ready accounts: the same team prepares the books and the tax returns, so the accounts are kept the way the filings need them.
- Fixed monthly fees: scoped on transaction volume and complexity, agreed in advance.
- Your system, run properly: Zoho, QuickBooks, Tally, Odoo, Xero or an ERP, configured for UAE compliance and maintained by people who use it every day.
If your books are behind, unreliable or costing more than they should, contact Reflechir Consultancy for a scoping call.
Further reading: Outsourced accounting services in the UAE · What is bookkeeping? · Bookkeeping prices in Dubai · Choosing an accounting consultancy