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Why Hire an Accounting Firm in Dubai ?
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Dubai is a land of opportunities for entrepreneurs, but accounting and tax obligations can quickly become overwhelming. Between VAT, Corporate Tax, and daily financial management, having the right support is essential. So, why should you hire an accounting firm in Dubai? Here are all the reasons why you should stop juggling numbers and leave the job to the pros.
1. Essential Local Expertise
Tax regulations in the UAE are not the same as in Europe or other parts of the world. A local accounting firm knows exactly how Dubai’s tax system works and helps you:
✔ Understand and comply with VAT and Corporate Tax regulations.
✔ File your tax returns on time to avoid penalties.
✔ Take advantage of tax exemptions and available optimizations.
An expert accountant in Dubai helps you avoid costly mistakes and ensures full compliance with UAE law.
2. Save Time (and Avoid Stress)
As an entrepreneur, you already have enough to manage—finding clients, growing your business, managing your team...
⏳ Spending time on accounting? No thanks!
An accounting firm takes care of :
📊 Bookkeeping and cash flow management.
📅 Quarterly and annual tax declarations.
⚠️ Handling tax audits and responding to tax authorities.
3. Reduce the Risk of Errors and Fines
Did you know that a late VAT declaration can result in a AED 1,000 fine, increasing to AED 10,000 for repeated offenses? Or that failing to register for Corporate Tax can cost you AED 10,000?
An accounting firm ensures that you meet all tax deadlines and keeps you safe from penalties.
4. Transparency and Financial Optimization
A good accountant doesn’t just record transactions—they also help you:
💡 Optimize your cash flow and reduce unnecessary costs.
📈 Structure your company efficiently to maximize tax benefits.
🚀 Plan for growth with tailored financial strategies.
In short, they’re not just accountants—they’re strategic partners for your business success.
5. Personalized Support and Expert Advice
Accounting can sometimes feel cold and complex, but a great accounting firm provides:
🤝 A dedicated accountant who understands your business inside out.
📞 Quick and responsive support to answer all your questions.
🔍 Real-time financial insights to help you anticipate regulatory changes.
No more doubts and stress—you finally have an expert you can rely on !
Conclusion: Hiring an Accounting Firm Is a Smart Choice
An accounting firm in Dubai is not just an expense—it’s an investment in your company’s growth. Between local expertise, time savings, tax optimization, and peace of mind, you have everything to gain !
Don’t Let Accounting Hold Back Your Business !
At Amary, we support entrepreneurs with:
✅ A dedicated accountant and personalized follow-up.
📊 Optimized and transparent accounting management.
🔎 Error prevention and tax audit management.
👉 Let us handle your accounting so you can focus on growing your busines.
Frequently Asked Questions
1. What services does Amary offer?
We provide comprehensive accounting services tailored for freelancers and businesses, including onboarding, tax registration, VAT declaration, and ongoing support. Our all-inclusive plans ensure that everything you need is included in your package. From dedicated accountants to legal reminders.
2. Who will manage my account?
Your account will be managed by our in-house team of French expert accountants, ensuring personalized attention and expert guidance throughout your accounting journey.
3. How do I get started with Amary?
To get started, simply contact us to schedule a call. We will discuss your needs, tailor a package for you, and guide you through the onboarding process.
4. Are there any hidden fees?
No, our packages are all-inclusive with transparent pricing. We believe in clear communication about all costs involved.
5. Can I customize my package?
Yes, we offer flexible options. During our initial call, we can discuss your specific requirements and tailor a plan that fits your needs.
6. How do I ensure compliance with legal obligations?
We provide timely legal reminders for important obligations and deadlines, ensuring you stay compliant with local regulations.
7. Is support available after I sign up?
Absolutely! Our dedicated team is always available for ongoing support, whether you have questions or need assistance with your accounting needs.
8. What is the Amary Club?
The Amary Club is a community event platform that allows you to connect with other professionals, network, and participate in enriching activities.
1. I'm starting a new business and need guidance
Amary will support you throughout your business setup journey, providing expert guidance and tailored solutions for every step of the process.
2. What is the process for the preparation and filing of financial statements?
Many businesses ask about the timeline and process for preparing financial statements, including how to categorize expenses, recognize revenue, and ensure IFRS compliance. Amary takes care of your obligations.
3. What is the Corporate Tax, and when will it apply?
Corporate Tax is set to be introduced in the UAE starting from June 2023, with a general rate of 9% applied to taxable income over AED 375,000. Failure to register within the required timeframe may lead to an administrative penalty of AED 10,000. Amary is here to guide you through every step of the process, ensuring full compliance and ease.
4. What is VAT, and how does it apply to businesses?
Value-Added Tax (VAT) was introduced in the UAE on January 1, 2018, at a standard rate of 5%. Common questions often relate to VAT registration thresholds, filing deadlines, eligible expenses, and proper VAT invoicing.
5. When is a business required to register for VAT?
A business must register for VAT if its annual taxable turnover exceeds AED 375,000. Voluntary registration is available if the turnover exceeds AED 187,500.
6. How frequently are businesses required to file VAT returns?
VAT returns are generally filed on a quarterly basis, though businesses with higher turnovers may be required to file monthly. Common questions revolve around understanding the specific deadlines and formats for submitting VAT returns.
7. What are the main penalties for VAT non-compliance?
Non-compliance with VAT regulations can lead to substantial penalties, including fines for late registration, missed filing deadlines, or inaccurate VAT submissions. These penalties may vary from significant fixed fines to a percentage of the unpaid tax.
8. Are financial audits mandatory for companies in the UAE?
Although financial audits are not legally required for all companies, many free zones and mainland business licenses mandate annual audits. Amary ensures your bookkeeping is accurate, preparing you to successfully pass the annual audit.
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We will analyze your business and explain how Amary can support you effectively.
How to Join?
Amary Club is offered to all Amary’s clients!
You are still not an Amary client, but do you want to join us?
You are welcome. An annual fee of AED 2000 is required.
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