• Have Any Questions?

    +971 58 591 1331

    • Home
    • Accounting Service - Exitax
    Company team showcasingDubai Freezone Company Registration

    We understand the importance of maintaining the financial health of your business in Dubai. Since the recent changes in legislation on June 1, 2023, it is now mandatory for every company in the United Arab Emirates to keep proper accounting records. Our professional accounting service is specifically designed to comply with these new legal requirements and support you in maintaining your financial data. With our experienced team of accounting experts, we are ready to assist you in managing your financial information, preparing accurate reports, and meeting accounting obligations according to the new legislation.

    What is Accounting?

    Accounting service refers to the professional assistance provided by accounting professionals or firms to individuals, businesses, or organizations in managing their financial records, transactions, and reporting. Accounting services typically include a range of activities such as bookkeeping, financial statement preparation, tax compliance, auditing, budgeting, and financial analysis. These services help ensure accurate financial record-keeping, adherence to regulatory requirements, informed decision-making, and overall financial transparency for businesses or individuals. Accounting services can be outsourced to external firms or handled internally by an in-house accounting department, depending on the needs and resources of the entity seeking the service.

    FAQS

    Yes, according to the recent law changes effective from June 1, 2023, it is now mandatory for all businesses in Dubai to keep proper accounting records.

    Failure to comply with the accounting requirements can result in penalties, fines, and potential legal consequences. It is important to ensure proper record-keeping and compliance to avoid any negative repercussions.

    Hiring an accounting service provider offers several benefits, including accurate financial record-keeping, compliance with regulations, financial transparency, informed decision-making, cost control, and efficient financial management.

    We analyze expenses, identify areas for improvement, and enhance operational efficiency, leading to better financial performance and increased profitability.

    By outsourcing accounting tasks to experts, businesses can concentrate on their core competencies, saving time, streamlining operations, and allocating resources more effectively.

    Our accounting service is tailored to each business's specific requirements, ensuring that the financial insights and support provided align with their distinct goals and challenges.

    Need Help?