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Bookkeeping Services in Dubai
Bookkeeping in the UAE is about keeping track of daily financial matters and ensuring that your financial records are accurate and organized. Generally, it involves many routine tasks:
- Record incoming and outgoing operations;
- Management of accounts payable and accounts receivable;
- Settle bank statements;
- Maintain books, etc.
- Record incoming and outgoing operations;
- Management of accounts payable and accounts receivable;
- Settle bank statements;
- Maintain books, etc.
Alright, but if I'm a small business owner or a freelancer, do I need it?
Short, yes. The law states that "every company must keep proper books of accounts." Bookkeeping is part of the accounting process, that's why it's mandatory for you.
Let us show you better:
Let us show you better:
Small and Medium-Sized Enterprises (SMEs)
Freelancers
Under the UAE’s Federal Law No. 2 of 2015, SMEs need to follow the IFRS accounting standards specified in Ministerial Decision No. 114 of 2023.” SMEs must maintain proper financial records to avoid penalties and legal troubles.
Even if your business have zero income, you still need to register for Corporate Tax and file financial reports every year. So, bookkeeping helps you to keep track of all your transactions and make reports.
Even if your business have zero income, you still need to register for Corporate Tax and file financial reports every year. So, bookkeeping helps you to keep track of all your transactions and make reports.
Freelancers usually have to keep records of their finances and register both for VAT and Corporate Tax.
According **Federal Decree-Law No. (47) of 2022, freelancers must file quarterly VAT returns if their annual taxable sales exceed AED 375,000. They also have to submit annual corporate tax reports.
According **Federal Decree-Law No. (47) of 2022, freelancers must file quarterly VAT returns if their annual taxable sales exceed AED 375,000. They also have to submit annual corporate tax reports.
Bookkeeping services can save small businesses and freelancers from fines of up to AED 50,000 if they don't follow VAT rules and keep proper records. However, in-house bookkeeping can be pretty expensive, so outsourcing may be a good option. Movingo provides the best value-for-money services out there.
Book a 15-minute intro call and we'll try our best to figure out the best solution for you.
Book a 15-minute intro call and we'll try our best to figure out the best solution for you.
Bookkeeping Services by movingo
We provide transparent bookkeeping services in the UAE at a great value for money. Our packages are tailored for small to medium businesses and freelancers.
What you'll receive:
What you'll receive:
Financial Record Maintenance:
The core of bookkeeping. It includes the accurate recording of all financial transactions, daily data entry, transaction tracking, and ledger management. This is part of the audit and reporting process.
Monthly Financial Reporting:
It's usually included in bookkeeping services because it helps businesses see how well they're doing financially.
Accounts Payable and Receivable Management:
Ensuring smooth cash flow through billing, collections, and payments is crucial for any business's financial stability.
Tax Filing and Compliance:
VAT registration and regulatory reporting support is essential for businesses to remain compliant with tax laws.
Payroll Processing:
Accurate payroll processing ensures employees are paid on time and complies with relevant regulations, especially for small businesses.
Audit Preparation:
Our bookkeeping system fully supports this by keeping accurate and complete records. It can make the audit process much easier for companies.
How We Work
Do you want to test drive working with us?
Cool. Here's what's next for you:
Cool. Here's what's next for you:
1
Organize a setup call to understand your needs;
2
Prepare a contract and invoice or payment link (whatever works best for you);
3
You pay, and then you transfer your accounting software access to our accountant;
4
Once a month, we need to receive a copy of your bank statement and invoices, bills and receipts from you;
5
Don't worry about VAT: our team will take care of it and keep track of deadlines;
6
We'll make sure to let you know when it's time to file for Corporate Tax. We'll help you with all the paperwork and stuff for your annual tax return.
To start your test drive, just book a free intro call, and we prepare you to this journey.
Why movingo for Dubai Bookkeeping Services?
Friendly trust:
Trust is the foundation of our relationship with you. Our clients know they can trust us with their finances. We're there for them every step of the way.
Trust is the foundation of our relationship with you. Our clients know they can trust us with their finances. We're there for them every step of the way.
Availability and support:
We get back to you quickly and deliver solutions that will help your business thrive. Always on call, always ready to help
We get back to you quickly and deliver solutions that will help your business thrive. Always on call, always ready to help
From Legalese to Human:
You don't have to be a master of accounting or other complicated stuff — we explain everything in simple terms. A trusting and human approach, backed by fact-checking, legal precision and all the good things. Relax and enjoy your business without accounting headaches.
You don't have to be a master of accounting or other complicated stuff — we explain everything in simple terms. A trusting and human approach, backed by fact-checking, legal precision and all the good things. Relax and enjoy your business without accounting headaches.
Experience and expertise:
Our team has years of experience in bookkeeping and tax stuff. We can solve any problem you face efficiently and accurately.
Our team has years of experience in bookkeeping and tax stuff. We can solve any problem you face efficiently and accurately.
Transparency and honesty:
We work openly and honestly. You'll always know what's going on and how things are being handled financially.
We work openly and honestly. You'll always know what's going on and how things are being handled financially.
Adrian Cross
CEO of VR Training for Industry company
I have to travel a lot, and I am in the UAE occasionally. So working with movingo remotely is a game-changer for me. It is very handy, as they are always available on the messenger, responding quickly and monitoring the situation. We can do all of our work on the go with them, and all of my financial reporting is timely and I don't have to worry about it.
The movingo team has been a great asset to me! I've signed up for the full support plan, because I get so many financial questions every day and never know when another one's going to pop up. Besides the regular financial stuff, the team really helped me get my business up and running in another emirate quickly and easily, without any troubles. I think the full package is the best deal for money out there.
Ryan Steele
CEO of boxing, physical and mental health company
What Our Clients Says
Government Agencies
We Work With
We Work With
The government agency that's in charge of collecting and enforcing federal taxes.
The government agency that's in charge of boosting economic growth, creating jobs, and helping businesses develop.
It's the main economic development authority in Abu Dhabi.
The government agency that handles the issuing of visas, ID cards, and driver's licenses for expats living and working in Abu Dhabi.
The main authority for planning, supervising, and regulating commercial, financial, and industrial activities in Dubai.
Practice Areas
We provide companies and institutions with legal service for business and private clients
Bookkeeping is all about keeping track of financial operations like transactions and more. Accounting is more about analyzing and understanding those records.
In a nutshell: cost efficiency, FTA & IFRS compliance and transparency
You can hire both bookkeeper or accountant, so it's not necessary. None, the accountant salary is higher.
Every month, quarter and every year.
We sign an NDA with every client, and we also have some additional service provider agreements to make sure everything is safe and secure.
Our price starts form AED 400 per month.