We believe accounting is one of main pillars in any organization. Accounting of business transactions and record keeping is an utmost requirement in today’s world. Since 2018 with inception of VAT in UAE maintenance of books of accounts became very essential for VAT purpose. But still not all the business entities are maintaining regular books of account due to various reasons like high cost and budget constrain as well lack of knowledge and awareness of importance of accounting and records.
Our aim is to educate and spread awareness amongst small and medium business entities and entrepreneurs about importance of accounting and bookkeeping as well to facilitate accounting services at very competitive and reasonable rates with accuracy and perfectness.
Accounting is also very important as per recently published Corporate Tax Laws and compliance. Maintaining proper books of account for at least 5 years is mandatory for the companies as per the UAE Commercial Company Law 2015.
To control your business, you need to know your assets, liabilities, income and expenditure for which a proper day to day bookkeeping of your business is essential. And if you are an entrepreneur or an SME, outsourcing accounts to a chartered accountant firm can save not only money but can also bring accounting expertise to the business.