Accounting Services

All about Accounting Firms in Dubai

February 18, 2019 Comments Off on All about Accounting Firms in Dubai

Dubai has been continuously serving as an open business hub welcoming international investors, entrepreneurs, freelancers, and industrialists to set up their own corporate space. As the number of corporate entities grew, it proportionately increased the need for accounting and auditing needs.

These services are essential for an organisation, irrespective of size and nature. Over time, business investors find it beneficial to outsource accounting activities to professional firms due to the services they offer.

Before starting, let’s have a look at a few top accounting firms in Dubai.

Top Accounting Firms in Dubai

Below is the list of accounting firms in Dubai:

  • A&A Associate LLC
  • Abdulla Al Mulla Auditing & Accounting (AM Audit)
  • Aviaan Accounting
  • BMS Auditing
  • Creative Zone Tax & Accounting
  • Emirates Chartered Accountants Group (ECAG)
  • Hashtag Startup
  • Jaxa Chartered Accountants
  • KGRN
  • RBS Accounting Firms

Basic Accounting Services in Dubai

Some of the core functions provided by an accounting firm are:

Takes care of the financial needs of the company.

It serves the purpose of scrutinising the company’s core essentials and figuring out if the activities carried out are legal.

Helps a business entity while dealing with tax filing.

Helps a business entity understand VAT requirements and comply with the rules

Wherein the firm assists in providing services related to setting up a company

Helps deal with a business plan, fraud investigation, etc.

Note: Before you outsource your confidential information, you need to check for certain essentials while choosing an auditor in Dubai.

What should you look for while choosing the Best Accounting Firm in Dubai?

Understanding the background of an auditor is essential before you hand over the company information.

It builds trust that your confidential information will be in safe hands. Moreover, it highlights the capacity of the organisation to deal with your business requirements.

Having strong industry experience does matter when it comes to handling accounts. The more experienced they are, the more benefit you will be provided with.

It will turn out to be a hassle-free process as they are well-equipped with the accounting standards to be followed. Make sure that your accounting partner has good industry experience.

The point of approachability matters a lot. You need to make sure that your partner needs to be approachable enough to listen to you and understand your business needs.

The outcome will not only be result-driven but also enhance business relationships.

It is an essential accounting service in Dubai. In general, accounting professionals provide a package related to the core pillars of a company, like audit, accounting, tax, etc.

Having a complete idea regarding the range of services that they offer will help you in choosing the best business partner.

Accounting fees vary from firm to firm depending on the service you avail of. Before you choose your accountant, make sure to have a look at the price list to have a clear idea regarding the price they charge for each service.

Technology is what drives the business world today. An accountant must be well-versed with the latest accounting software to be used while dealing with your accounting information. Having a soft copy regarding all the accounting essentials turns out to be vital to avoid any mishap in the future.

Check if the accountant can deliver the work you gave on time without fail and error-free.

It is very important to check the client list, and sometimes, getting ideas from them about the firm is also good to get a better idea of the goodwill of the accounting firm’s service in Dubai.

Conclusion

To make your journey easy and hassle-free, here is a cut-short way to reach the best accounting firm in Dubai – Jaxa Chartered Accountants. Contact us to get the best accounting service in Dubai. Our experts will take care of all your financial issues when you can peacefully concentrate on the growth of your business.