Accounting and bookkeeping are essential for every business to maintain accurate financial statements and bank account records.
According to the Federal Decree-Law No. (32) of 2021 regarding commercial companies, it is mandatory for the companies in the UAE to have their financial accounts audited. Every business must keep proper books of accounts for at least five years.
Even in the free zones of the UAE, companies must have their financial accounts audited by an approved accounting firm. . This requirement is enforced by many free zone authorities, including those in Dubai Multi Commodities Centre (DMCC), Jebel Ali Free Zone (JAFZA), and Dubai Airport Free Zone (DAFZA) among others
Tip: However, to qualify for an audit, companies must maintain precise accounting records. Additionally, the audit must be conducted by an authorized and licensed auditor as required by UAE law.
Are you looking for reliable accounting and bookkeeping services in the UAE? Look no further! At HHB Accounting & Tax Consultant, we provide top-quality services tailored to meet your business needs.
Our team of experienced professionals is dedicated to ensuring your financial records are accurate, precise, up-to-date, and compliant with all relevant regulations.
Benefits of Hiring Accounting and Bookkeeping Services in the UAE
By hiring licensed professional services, businesses will benefit from:
- Access to professionals with specialized skills and up-to-date knowledge in the accounting field.
- Time savings by outsourcing complex tasks.
- Cost savings on visa and other expenses related to hiring bookkeeping employees.
- Support for business growth.
- Reduced workload and stress.
HHB Accounting and Bookkeeping Services in the UAE
HHB works according to the existing tax laws of the Emirates, helping you grow your business. UAE law mandates that all businesses comply with the International Financial Reporting Standards (IFRS).
HHB delivers the best accounting and bookkeeping services across the UAE. We
- Ensure a no-mistake zone for your financial statements.
- Maintain hassle-free cash flow management.
- Achieve a better work-life balance by outsourcing accounting tasks.
- Ensure timely tax filing and payroll management.
- Stay compliant with FTA rules and regulations.
- Implement cost-effective measures for smooth business operations.
- Maintain accurate and relevant accounting procedures.
- Guarantee confidentiality of financial transactions.
- Utilize innovative tools for consistent bookkeeping.
- Settle bank accounts and record economic dealings.
- Manage financial accounts, receivables, and payables.
- Prepare the Chart of Accounts and billing for goods or services.
- Keep a list of customer receipts and record account entries.
- Record depreciation and other adjusting entries.
Why HHB only?
HHB promises:
- Value to money services
- Accuracy and consistency in results
- Redundant data investigation
- Professional work according to UAE’s law
- Expert Chartered Accountant’s at one call away
- Meets deadlines.
- Securing your business future
Book now
Don’t miss out on the opportunity to enhance your financial management. Our dedicated team is here to provide you with top-tier accounting services tailored to your needs.