Unlock seamless business growth with TRUSTREGGER’s expert accounting services in the UAE. Let us handle your financial needs while you focus on success!
In the rapidly changing business landscape of the United Arab Emirates (UAE), the importance of high-quality accounting support cannot be overemphasized. Companies that strive for success need reliable support to meet all legal requirements and focus on developing their business. Our solutions include a full range of accounting services carefully tailored to meet the needs of your business, allowing you to focus on strategic development and growth, while we take care of all aspects of financial accounting and tax planning.
Companies registered in the UAE are required to keep transparent records of their accounting operations-this is a requirement of Federal Law No. 2 of 2015 “On Commercial Companies”. Failure to do so will result in a fine ranging from 50,000AED to 500,000 AED. This requirement applies to both companies registered in the mainland of the United Arab Emirates (Mainland) and organizations in the free economic zones (FEZs) of the United Arab Emirates.
When traveling to the United Arab Emirates, you need to monitor your financial transactions: income, expenses, assets and liabilities. Reporting consists of preparing balance sheets, profit and loss statements, and other documentation to analyze the financial position of the business. In addition, it is mandatory to keep primary documents for 7 years. We are talking about contracts, checks, and receipts. For example, the required documents can be requested as part of an audit. Accounting is conducted in an accredited program approved by the UAE Tax Authorities.
Fill out the form today to get personalized accounting solutions tailored to your business needs in the UAE. Let us help you stay compliant and thrive!
Accounting plays an important role in business management. It allows you to:
Many entrepreneurs, especially those who are just starting out in the UAE, face a number of challenges:
One of the most effective solutions for small and medium-sized businesses is outsourcing accounting. This allows you to focus on business development by turning routine tasks over to professionals.
TRUSTREGGER is a consulting company specializing in comprehensive business support in the UAE. We offer a full range of accounting services, which allows you to be confident in the quality and timeliness of your reports.
With the introduction of the new corporate tax in the UAE, it is important to understand how it affects your business. The tax applies to the net profit of companies received both within the country and abroad. For non-residents, only income received from sources in the UAE is subject to taxation. This means that if your company is registered in the UAE, you are required to pay income tax, regardless of where the profit was received. But there is a real possibility to minimize this tax or completely reduce it to 0 with the right approach of accountants and lawyers.
Since June 2023, the UAE has introduced a corporate tax, and companies are required to provide annual audit reports. This is aimed at increasing business transparency and improving tax control.
The TRUSTREGGER provides services for obtaining an audit opinion with a certified auditor. Our experts will help you pass all the stages.
The Wage Protection System (WPS) has been implemented to improve pay processes in the UAE. This system ensures high standards in relations between employers and employees, which contributes to economic stability and increases the attractiveness of the country for foreign investors.
Complete the form to receive expert advice and tailored accounting services for your business in the UAE. We’re here to help you succeed!
If your company has been operating in the UAE for a long time, but has not maintained proper accounting and tax records, you can contact us for accounting restoration services. We work with professional accounting systems and adhere to the principles of IFRS, which are mandatory for the UAE. Here are the steps required to restore accounting records:
As a result, you will receive your company’s financial statements, including a breakdown of income and expenses, asset balance, investments, and other important information.
The TRUSTREGGER team of certified accountants ensures your financial records meet high standards. We provide detailed, free consultations, guiding you from company registration to tax filing, ensuring you’re fully informed at every step.
Relevance and timeliness
We follow all deadlines and changes in the UAE legislation, which allows us to quickly adapt to new requirements. With the introduction of the new corporate tax starting from June 1, 2023, many entrepreneurs faced additional responsibilities. Our team is ready to help you register for corporate tax purposes and submit the necessary reports. We will ensure that all procedures are carried out correctly and in a timely manner, which will help you avoid fines and other troubles.
The TRUSTREGGER advises you on whether you need to register with this system and offers assistance in integrating and using the WPS system, which will help your business avoid fines and increase employee loyalty.
Stages of cooperation with the TRUSTREGGER
By contacting us, you will be able to put your finances in order and ensure that all the necessary standards are met.