Bookkeeping and accounting services in Dubai are integral components of any business. Bookkeeping relates to keeping track of income and expenses records and accounting is a wider term covering the process of interpreting your financial records.
Whether you are a new startup in need of small business bookkeeping services or already have an established business that needs robust financial services, it is essential to find good accounting firms in Dubai. Zenesis is the ideal choice as it can offer you a range of cost-effective and high-quality services.
Proper and regular bookkeeping is important in sustaining and expanding a business. Without it, you take the risk of hitting cash flow crunches, wasting money and missing out on opportunities to expand.
At Zenesis, we have highly qualified financial professionals including Chartered Accountants, Lawyers, and Taxation Experts who have hands-on experience to make sure that your books are properly maintained and VAT compliant. We can assist with the routine bookkeeping up to finalization of accounts for audit purposes. Our accounting services also include providing financial reports, cash flow statements and ageing analysis on a regular basis.
We will provide you with easy access to qualified bookkeepers and accounting professionals without you ever having to hire them. You can reduce internal operational costs and devote more time and resources to value-added and revenue-generating tasks. A high level of accuracy will eliminate delays and administrative errors, as well potential fines and penalties.
We understand business operations and process workflows to make valuable additions to the business processes and systems and our expertise and experience in the industry will allow you save a significant amount of time and cost for businesses.
Why pick Zenesis of all the accounting firms in Dubai:
Read More
The option of outsourcing is commonly used as it saves the cost of hiring people, training them and setting up a whole new accounting department in your organization. Maybe as a startup, the transactions are few and you do not need to have a full time person. We have a team of highly qualified financial professionals including Chartered Accountants, Lawyers, Taxation Experts who have hands-on experience and know the challenges involved in the industry. We can provide bookkeeping and accounting services in Dubai at economical fees. Bookkeeping services will ensure that reliable and accurate books are kept for your company, enabling you to make informed decisions promptly to minimise risks and maximise profits.
Zenesis has qualified VAT professionals on board to help you with VAT registration, filing and compliance of VAT laws. There are very strict benchmarks that must be followed for VAT registration and once registered, quarterly returns must be filed, and taxes paid in time. Failure to comply attracts huge penalties so we recommend that these services are handled by VAT experts.
UAE Law does not require filing of audited accounts every year, though it is needed for branches of foreign companies in UAE. Most of the Free Zones in Dubai need you to file audited accounts every year while renewing the license while Free Zones in the other emirates do not require filing. However, it is important to keep proper records to know the financial health of the company at any point.
The Economic Substance Regulations (ESR) UAE, have been issued to curb harmful tax practices according to the standards set by OECD (Organisation for Economic Cooperation and Development). The Regulations require companies and other business forms registered in the UAE that carry on one or more “Relevant Activities” to have economic substance in the UAE in […]
All companies require a bank account, but banking in the UAE, especially how to open a bank account in Dubai is becoming increasingly difficult due to international transparency and anti-money laundering initiatives. Many banks will no longer open accounts for non-resident companies. Dealing with high risk countries is strictly not acceptable. In any case, the […]
While referring to free zones in Dubai, a company can be formed with 100% ownership by the expat(s). Depending on the numbers of owners for the free zone company, the company will be Free Zone Establishment (FZE) when it is having only one owner and Free Zone Company (FZC) when it has more than one […]
