Accounting, Book Keeping & Audit Services

In the UAE’s fast-paced and dynamic business environment, maintaining accurate financial records and ensuring regulatory compliance is crucial for success. Our accounting, bookkeeping, and audit services provide businesses with the financial clarity needed to make informed decisions and comply with local laws and international standards.

AGPLAW

Our Accounting, Book Keeping and Audit services help businesses:

  • Maintain clear and compliant financial records.
  • Prepare for tax filings and audits.
  • Preparation and submission of required documentation.
  • Ensure full transparency and accountability in financial operations.

Key Components of Our Services

We offer a full suite of accounting, bookkeeping, and audit services, customized to suit the unique needs of businesses operating in the UAE.

Financial Statements Preparation:
We prepare accurate and comprehensive financial statements, including profit and loss statements, balance sheets, and cash flow statements.
Management Reporting:
Customized management reports provide insights into your company’s financial performance, allowing you to make informed decisions.
Tax Compliance & Advisory:
Our team ensures compliance with UAE VAT regulations and assists in corporate tax planning and filings.
Daily Financial Record Management:
We manage your financial records on a daily basis, ensuring accuracy in transactions, receipts, and expenses.
Payroll Processing:
Our payroll services ensure your employees are paid accurately and on time, while complying with UAE labor laws and WPS (Wage Protection System) requirements.
Accounts Payable & Receivable Management:
We streamline your invoicing and payments process, ensuring timely payments from customers and to suppliers.
Statutory Audits:
Our certified auditors conduct thorough statutory audits to meet the requirements of the UAE's regulatory authorities, including free zone audits.
Internal Audits:
We provide internal audit services to help you monitor internal controls, operational efficiency, and compliance with internal policies.
Due Diligence Audits:
For businesses entering into mergers, acquisitions, or partnerships, our due diligence audits provide a clear understanding of financial health and risks.

Understanding UAE Compliance Requirements

The UAE’s business landscape requires adherence to various compliance and financial reporting standards.

  • VAT Compliance:
    Companies in the UAE are required to file VAT returns quarterly or monthly, depending on their revenue. Accurate record-keeping is essential to avoid penalties.
  • Corporate Tax:
    The UAE has introduced corporate tax for businesses earning over a certain threshold. Proper financial reporting ensures compliance with the new regulations.
  • Free Zone Audit Requirements:
    Many free zones in the UAE require companies to conduct annual audits and submit audited financial statements.
  • Wage Protection System (WPS):
    Employers in the UAE must comply with the WPS, ensuring that all wages are processed through the approved electronic system.

Our team helps businesses navigate these requirements,
providing peace of mind that all financial obligations are met.

Administrative Support Services

Clearance Letters
We assist in obtaining clearance letters from government authorities, free zones, and banks, ensuring that no liabilities remain.

Final Employee Settlements
We oversee the final settlement of employee payments, ensuring compliance with UAE labour laws.

Asset Distribution
For businesses with remaining assets, we can assist with the final distribution or sale of these assets to maximize shareholder returns.

How can we help you?

Contact us for personalized information

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Key Contact:

Christiana Constantinou

Head of Corporate Management

Email: uae@agplaw.com

T: +971 45 401 203