Who is required to conduct an annual audit in Dubai and the UAE?

Under UAE Commercial Companies Law and Free Zone regulations (DMCC, JAFZA, DAFZA), mainland and qualifying free zone companies must prepare and submit annual audited financial statements adhering to IFRS standards.

What corporate tax services does SBR Chartered Accountants provide?

SBR Chartered Accountants delivers comprehensive UAE Corporate Tax compliance, including corporate tax registration, tax computation, deductible reviews, return filing, and FTA representation.

Accounting & Bookkeeping Services in Dubai, UAE

Outsource your accounting to certified professionals. Ensure IFRS compliance, ready-to-audit financials, and error-free Corporate Tax/VAT preparation.

Why Professional Bookkeeping is Now Mandatory

Direct Answer: Under the UAE Commercial Companies Law and the new Corporate Tax Law, every business must maintain accurate, up-to-date accounting records for a minimum of 5 to 7 years. Failure to maintain proper financial records can result in severe FTA penalties ranging from AED 10,000 to AED 50,000.

Maintaining financial health goes beyond basic data entry. SBR Chartered Accountants provides comprehensive accounting and bookkeeping outsourcing. We use advanced, FTA-approved cloud accounting software to reconcile your bank statements, manage accounts payable/receivable, and generate monthly management reports, giving you total financial clarity. For broader outsourced accounting support, see our accounting services in Dubai; businesses can also explore our corporate tax advisory services and audit and assurance services.