Why Professional Accounting Matters
- Legal bookkeeping compliance
- Corporate Tax and VAT support
- IFRS financial statements
- Audit-ready records
- Penalty prevention
- 7-year record retention
Accounting Services in Dubai
Running a business in the UAE requires accurate financial records and compliance with VAT and Corporate Tax regulations. As an ACCA Approved Employer, MARKEF Consulting has supported over 2,000 businesses since 2014 with reliable accounting services in Dubai. We provide bookkeeping, bank reconciliation, VAT filing, corporate tax compliance, financial reporting, and outsourced accounting solutions for startups, SMEs, free zone companies, and established businesses. Whether you need ongoing monthly accounting or a one-time cleanup of your books, our experienced team delivers transparent pricing, IFRS-compliant reporting, and full adherence to Federal Tax Authority (FTA) requirements, ensuring your business remains audit-ready and financially organized.
What Our Accounting and Bookkeeping Services in Dubai Cover
We provide an end-to-end accounting bookkeeping service that replaces or supports your internal finance function. Instead of stitching together freelancers, spreadsheets and last-minute tax filings, you get one accountable partner handling your entire accounting cycle — recording, reconciling, reporting and filing.
Our core accounting services include:
Bookkeeping and financial record keeping
sales, purchases, expenses, receipts and payments recorded in your general ledger
Financial statements and financial reporting
balance sheet, profit and loss statement, and cash flow statement
Corporate tax compliance
registration, computation and annual return submission under the UAE Corporate Tax Law
Payroll accounting and processing
payslips, WPS files, gratuity and leave computation
Management reports
monthly reporting, budgeting and forecasting, and cash flow management
Accounting software setup
Zoho Books, QuickBooks and Xero implementation and cloud accounting
Audit preparation
audit-ready documentation and liaison with your appointed auditor
VAT accounting and VAT return filing
FTA-compliant records and periodic returns
Because these services sit under one roof alongside our VAT, corporate tax and audit & assurance teams your VAT return reconciles to your ledger, your ledger reconciles to your bank, and your corporate tax return is built on numbers you can defend. That continuity is where most fragmented, low-cost bookkeeping arrangements fail.
Our Accounting Services in Dubai
Bookkeeping Services in Dubai
Accurate bookkeeping is the foundation of every reliable accounting system. Our bookkeeping services in Dubai cover the full transaction lifecycle so your books are always current and your reports always tie out:
- Recording daily financial transactions — sales invoices, purchase bills and expense bills
- Maintaining the general ledger and all subsidiary ledgers
- Accounts payable and accounts receivable tracking and ageing
- Bank reconciliation and credit card reconciliation
- Journal entries, including accruals, prepayments and month-end adjustments
- Fixed asset register and depreciation schedules
- Inventory accounting and stock reconciliation
- Trial balance preparation and account reconciliation
We set up a proper chart of accounts before any transactions are posted, so your data is structured for meaningful reporting from day one — not retrofitted at year-end. This is the difference between a professional bookkeeping service and simple data entry.
Financial Accounting and Financial Reporting Services
A financial statement is the formal record of your company’s financial position and performance. Our financial reporting services turn raw transactions into the statements management, banks, investors and auditors rely on:
- Statement of Financial Position (Balance Sheet) — assets, liabilities and equity
- Income Statement (Profit and Loss Statement) revenue, cost and profitability
- Cash Flow Statement operating, investing and financing movements
- Annual accounts prepared in line with IFRS for filing and audit
These statements do more than satisfy compliance. They let you see gross margin by line of business, spot where cash is trapped, and answer lender or investor questions with confidence. For complex reporting questions, our IFRS advisory team is on hand.
Management Accounting and Monthly Reporting
Compliance tells you where you have been; management accounting tells you where you are going. Alongside your monthly bookkeeping, we deliver management reports designed for decision-making:
- Monthly profit and loss statement and balance sheet
- Accounts receivable and accounts payable reports
- Budgeting and forecasting, including cash flow forecasting
- Variance analysis against budget and prior periods
- Financial analysis and KPI dashboards on request
For owners who want a lighter footprint, our monthly bookkeeping services deliver a clean, tax-ready close every month. And when you need senior financial leadership without a full-time hire, our CFO on demand and CFO advisory services turn those numbers into strategy.
VAT Accounting and Return Filing
VAT has applied in the UAE at a standard rate of 5% since 2018. Businesses that exceed the mandatory registration threshold of AED 375,000 in taxable supplies must register with the FTA; voluntary registration is available above AED 187,500. Our VAT services keep you compliant and penalty-free:
- FTA-compliant, tax-ready bookkeeping and document management
- Input and output VAT tracking and reconciliation
- Preparation and submission of periodic VAT return filing via EmaraTax
- Variance analysis against budget and prior periods
- VAT advisory on the correct treatment of your supplies (standard, zero-rated, exempt)
Corporate Tax Compliance
The UAE Corporate Tax Law applies to financial years beginning on or after 1 June 2023. Getting your books right is now directly tied to what you owe. Our corporate tax services keep you aligned with the FTA
- Corporate tax registration on the EmaraTax portal and TRN issuance
- Annual corporate tax computation from IFRS-compliant financials
- Annual corporate tax return submission within the statutory deadline
- Advisory on Small Business Relief eligibility and elections, plus transfer pricing where relevant
For owners who want a lighter footprint, our monthly bookkeeping services deliver a clean, tax-ready close every month. And when you need senior financial leadership without a full-time hire, our CFO on demand and CFO advisory services turn those numbers into strategy.
Payroll Accounting and Processing
Payroll in the UAE carries its own compliance burden through the Wages Protection System (WPS). Our payroll accounting service covers salary structure configuration, payroll processing, payslip generation, SIF file creation for WPS, and computation of overtime, leave encashment and end-of-service gratuity — all posted correctly into your accounts.
Key figures to plan around current as of 2026 — always confirm the latest position for your specific circumstances:
| Corporate Tax Point | Position (2026) |
|---|---|
| Rate on taxable income up to AED 375,000 | 0% |
| Rate on taxable income above AED 375,000 | 9% |
| Small Business Relief | Available where revenue is ≤ AED 3 million for tax periods ending on or before 31 December 2026. The relief must be elected each year and is not automatic. |
| Return filing & payment deadline | Within 9 months of the end of the tax period. |
| Late registration penalty | AED 10,000. |
| Record retention | Financial records must be kept for at least 7 years. |
| Qualifying Free Zone Person (QFZP) | 0% Corporate Tax on qualifying income, provided all QFZP conditions are met. |
Because Small Business Relief ends on 31 December 2026, businesses that have relied on it should be putting proper accounting processes in place now for full corporate tax compliance from 2027 onward exactly the kind of transition we manage for clients.
Accounting Software Setup and Cloud Accounting
Modern accounting runs on the right software. We are experienced across the platforms UAE businesses use most Zoho Books, QuickBooks and Xero accounting and help you select, implement and run the one that fits your workflow. Cloud accounting gives you real-time visibility of your financial records, faster monthly closes, fewer manual errors and secure, anywhere access to your numbers
Audit Preparation and Support
Many mainland and free zone companies must file audited financial statements. We keep your books audit-ready year-round and, through our audit & assurance practice, provide full support during the audit preparing schedules and confirmation letters, liaising with your auditor, and remediating findings so the process is smooth rather than stressful.
UAE Accounting & Compliance Requirements 2026
Businesses in the UAE must keep accurate records, follow IFRS standards, meet VAT and Corporate Tax rules, and stay ready for audits.
Record Keeping
UAE companies must maintain clear accounting records that explain business transactions and financial position.
IFRS Compliance
Financial statements should be prepared according to International Financial Reporting Standards.
Mainland Companies
Mainland businesses need proper books, IFRS reports, and audit support where required.
Free Zone & Offshore Companies
DMCC, JAFZA, DAFZA, RAKEZ, RAK ICC and offshore entities have different audit, filing, and reporting rules.
We Make UAE Compliance Simple
MARKEF helps businesses manage accounting, bookkeeping, VAT, Corporate Tax, audit coordination, ESR, AML, FATCA and CRS compliance.
Talk to Our Accounting Experts
Stay Compliant
Avoid Penalties
Meet Deadlines
Focus on Growth
Outsourced Accounting Services vs In-House: The Real Cost
Hiring an in-house accountant looks straightforward until you add up the true cost. Beyond salary, an in-house hire in the UAE carries visa and labour costs, mandatory medical insurance, gratuity provisions, annual leave, recruitment, training and accounting software licences — plus the risk of a single point of failure when that person is on leave or resigns.
Why Choose MARKEF for Accounting Services in Dubai
ACCA Approved Employer
MARKEF is officially recognised as an approved employer by the Association of Chartered Certified Accountants (ACCA) an endorsement of the professional standards, training and ethics behind every engagement. Learn more
2,000+ businesses served
More than a decade of hands-on experience with the SME sector across the UAE and wider MENA region.
IFRS and FTA compliant
Every engagement follows recognised accounting standards and Federal Tax Authority documentation requirements.
A full finance function under one roof
Accounting, bookkeeping, VAT, corporate tax, audit support, CFO services and management consulting — one accountable partner instead of five vendors.
A dedicated team, not a call centre
Named points of contact, monthly review meetings and a direct WhatsApp line.
Based in Business Bay, serving the whole UAE
On-site support in Dubai or fully remote online accounting services wherever you operate.
How Our Accounting Process Works
-
Free consultation
We understand your business model, entity type, free zone and current state of your books. -
Onboarding and due diligence
You share your trade licence, and ID/visa documents for the manager on the licence, so we can set up your engagement. -
Software and chart of accounts setup
We configure Zoho Books, QuickBooks or Xero and build a chart of accounts structured for your reporting needs. -
Ongoing bookkeeping
You submit invoices, bills and bank statements to a shared drive; we record, classify and reconcile. -
Monthly reporting
You receive your balance sheet, profit and loss statement, and AR/AP reports — plus a monthly review meeting. -
Compliance filing
We prepare and file your VAT returns and annual corporate tax return, and keep you audit-ready throughout.
Areas We Serve in Dubai and the UAE
Headquartered in Business Bay, Dubai, we support businesses across every emirate. Popular locations for our clients include Business Bay, Downtown Dubai, DIFC, Jumeirah Lake Towers (JLT), DMCC, Sheikh Zayed Road, Deira, Bur Dubai, Al Quoz, Dubai Silicon Oasis and Dubai South — as well as accounting services in the UAE more broadly, including Abu Dhabi, Sharjah, Ajman, Ras Al Khaimah, Fujairah and Umm Al Quwain. Whether you need an accounting firm in Dubai for on-site support or fully remote accounting support services, we cover it.
