Monthly bookkeeping

A typical month in Dubai, Abu Dhabi or Sharjah

Once the month closes, we work through every bank, card and payment feed connected to your QuickBooks Online, Xero or Zoho Books file. Each transaction is coded against your chart of accounts, and every account is reconciled to its statement, whether the bank sits in DIFC, ADGM, mainland Dubai or another emirate.

VAT coding as you go

For VAT-registered companies, the standard 5% rate is applied at the point of coding rather than reconstructed at quarter end. Where the mandatory registration threshold of AED 375,000 in taxable supplies over 12 months is approaching, we flag it early so registration happens before the deadline rather than after.

Corporate tax stays visible month to month

Revenue and cost are coded so the split between taxable income above AED 375,000 and any Qualifying Free Zone income is clear well before the return is due. Companies close to the AED 3,000,000 Small Business Relief threshold get a monthly note on where they stand, since crossing it changes the return.

Payroll and free zone renewals

Where staff are paid through the Wage Protection System, or a UAE national employee triggers a GPSSA contribution, the payroll journal is posted each period so the ledger matches what was actually paid. A reconciled ledger also speeds up the annual trade licence renewal, since most free zones and the Department of Economic Development ask for financial records at renewal time.

Ready for year end

Because every month is reconciled as it happens, year end starts from a clean trial balance rather than a scramble before the corporate tax filing deadline, nine months after your financial year ends. If the months before we start are not in order, catch-up bookkeeping comes first. Trading and holding companies with a UAE subsidiary of a US or UK parent can ask about intercompany accounting once the monthly cycle is running.