Accounting & Bookkeeping

Accounting & Bookkeeping Services in Dubai UAE — Global Edge Corporate

Global Edge Corporate Services provides professional accounting and bookkeeping 

services for businesses of all sizes across Dubai and the UAE. Whether you are 

a startup, SME, or established enterprise, our qualified accountants maintain 

your financial records accurately, ensure full compliance with UAE accounting 

standards, and give you the financial clarity to make better business decisions.

WHY DO UAE BUSINESSES NEED PROFESSIONAL ACCOUNTING SERVICES?

With the introduction of UAE Corporate Tax and VAT, maintaining accurate and 

compliant financial records is no longer optional — it is a legal requirement. 

The Federal Tax Authority (FTA) requires businesses to maintain proper books 

of accounts for a minimum of 7 years. Failure to maintain proper records can 

result in penalties of AED 10,000 to AED 50,000.

Professional accounting services ensure your business stays compliant, 

avoids penalties, and has accurate financial data for tax filing, 

investor reporting, and business planning.

OUR ACCOUNTING & BOOKKEEPING SERVICES

Bookkeeping Services

We maintain your day-to-day financial records including recording all 

transactions, reconciling bank statements, managing accounts payable 

and receivable, and maintaining a complete and accurate general ledger.

Monthly Management Accounts

We prepare monthly management accounts including profit & loss statements, 

balance sheets, and cash flow statements — giving you a clear picture of 

your business performance every month.

VAT Accounting

We maintain VAT-compliant accounting records, ensure correct VAT treatment 

for all transactions, and prepare your quarterly VAT returns for FTA filing.

Corporate Tax Accounting

We maintain Corporate Tax compliant financial records, prepare annual 

financial statements, and calculate your Corporate Tax liability accurately.

Payroll Processing

We process monthly payroll for your employees including salary calculations, 

WPS (Wage Protection System) compliance, gratuity calculations, and 

payslip preparation.

Accounts Payable & Receivable

We manage your supplier payments and customer invoicing — ensuring timely 

payments, reducing bad debts, and maintaining healthy cash flow.

Bank Reconciliation

We reconcile your bank statements with your accounting records monthly 

to identify discrepancies and ensure accuracy.

Financial Reporting

We prepare annual financial statements including profit & loss accounts, 

balance sheets, and cash flow statements in compliance with IFRS standards.

ACCOUNTING SOFTWARE WE USE

Our team is proficient in all major accounting software platforms:

– Zoho Books

– QuickBooks

– Xero

– Tally ERP

– Sage

– Microsoft Dynamics

We can work within your existing accounting system or recommend the 

best solution for your business size and industry.

WHO NEEDS ACCOUNTING SERVICES IN UAE?

– Mainland companies — required to maintain books under UAE Commercial 

  Companies Law

– Freezone companies — required for Corporate Tax and VAT compliance

– E-commerce businesses — multiple revenue streams require clear accounting

– Professional services firms — track project profitability and client billing

– Trading companies — inventory management and cost of goods accounting

– Construction companies — project-based accounting and WIP reporting

– Startups — establish proper accounting from day one

OUR ACCOUNTING PROCESS

Step 1 — Initial Assessment

We review your current accounting setup, identify gaps, and recommend 

the right accounting package for your business.

Step 2 — Chart of Accounts Setup

We set up or review your chart of accounts to ensure it meets UAE 

accounting standards and your business reporting needs.

Step 3 — Monthly Bookkeeping

We process all transactions monthly — sales, purchases, expenses, 

payroll, and bank transactions — keeping your books up to date.

Step 4 — Reconciliation & Review

We reconcile all accounts monthly and review for errors or 

unusual transactions.

Step 5 — Reporting

We deliver monthly management accounts and annual financial statements 

on time, giving you the information you need to run your business.

BENEFITS OF OUTSOURCING ACCOUNTING TO GLOBAL EDGE

– Cost saving — cheaper than hiring a full-time accountant

– Expertise — qualified accountants with UAE tax knowledge

– Compliance — always up to date with FTA and UAE regulations

– Time saving — focus on your business while we handle the numbers

– Accuracy — professional accounting reduces errors and penalties

– Scalability — services grow with your business

FREQUENTLY ASKED QUESTIONS — ACCOUNTING SERVICES UAE

How much do accounting services cost in Dubai?

Accounting service fees depend on the size and complexity of your business. 

Global Edge offers flexible monthly packages starting from AED 500 per month 

for small businesses. Contact us for a customised quote.

Are UAE businesses required to maintain accounting records?

Yes. All UAE businesses are legally required to maintain accurate books of 

accounts for a minimum of 7 years under UAE Commercial Companies Law and 

FTA regulations.

Can Global Edge handle accounting for Freezone companies?

Yes. We provide accounting services for both Mainland and Freezone companies 

across all UAE emirates.

Do I need audited financial statements in UAE?

Not all companies require an annual audit, but Freezone companies, larger 

Mainland companies, and businesses applying for bank finance typically 

require audited accounts. Global Edge can advise on your specific requirements.

What is WPS in UAE payroll?

WPS (Wage Protection System) is a UAE government initiative requiring 

employers to pay salaries electronically through approved banks or exchange 

houses. Global Edge ensures your payroll is fully WPS compliant.

Can you take over accounting from our current accountant?

Yes. We handle a smooth transition from your current accountant or 

accounting system with minimal disruption to your business.

Contact Global Edge Corporate Services for a free accounting consultation.

+971 55 545 8662 | info@globaledgecorporate.com