Accounting is the backbone of every successful business. It helps you track income, manage expenses, make informed decisions, and ensure compliance with local regulations. In Abu Dhabi, where the business landscape is both vibrant and regulated, maintaining accurate financial records is more than just good practice; it’s a legal requirement.
At Shuraa Tax, we offer reliable and transparent accounting services in Abu Dhabi that align with the UAE’s tax laws and international standards. We are a team of qualified accountants, auditors, and tax consultants in the UAE, trusted by thousands of businesses.
What is Accounting and What Are the Related Laws in Abu Dhabi?
Accounting is the systematic recording, analysis, and reporting of financial transactions of a business. It provides insights into profitability, cash flow, and financial health. In Abu Dhabi, accounting practices must comply with the International Financial Reporting Standards (IFRS) and UAE's Federal Tax Authority (FTA) regulations.
For business in Abu Dhabi and across the UAE, accounting practices are governed by regulations including:
- UAE Commercial Companies Law
- Federal Decree-Law No. (47) of 2022 on Taxation of Corporations and Businesses
- Federal Law No. 7 of 2017 on Tax Procedures
- VAT Law (Federal Decree-Law No. 8 of 2017)
All businesses must maintain proper accounting records for at least 5 years, in accordance with UAE Federal Tax Authority (FTA) requirements.
Accounting Service in Abu Dhabi
Accounting services in Abu Dhabi include a broad range of financial management solutions provided by professional accountants to help businesses maintain accurate and compliant financial records. These services ensure that a company’s financial activities, from income and expenses to assets and liabilities, are properly recorded, analysed, and reported in accordance with the UAE’s financial and tax regulations.
Key accounting services typically include:
- Bookkeeping
- Financial Reporting
- VAT Accounting
- Payroll Accounting
- Bank Reconciliation
- Audit Support
- Budgeting and Forecasting
Why Do Businesses Need Accounting and Bookkeeping Services in Abu Dhabi?
Businesses in Abu Dhabi operate in a highly regulated and competitive market. Accurate accounting and bookkeeping offer several advantages, including:
- Ensuring compliance with UAE tax laws and VAT regulations
- Making informed financial decisions
- Tracking cash flow and profitability
- Simplifying audits and government reporting
- Improving investor and stakeholder trust
Doesn’t matter if you’re a local business or a foreign investor, managing your finances with expert support helps you focus on operations while staying compliant.
Who Needs Accounting and Bookkeeping Services in Abu Dhabi?
- Startups and new businesses
- SMEs looking to streamline finances
- Large corporations and holding companies
- E-commerce companies and online sellers
- Professionals and consultants
- Free zone and mainland companies
In short, any business that deals with financial transactions or plans to scale operations needs professional accounting support.
Shuraa's Accounting and Bookkeeping Services
At Shuraa Tax, we offer a full range of bookkeeping and accounting services in Abu Dhabi, including:
- Daily, monthly, and quarterly bookkeeping
- Preparation of financial statements
- Bank reconciliations
- Accounts receivable and payable management
- General ledger maintenance
- Cash flow and budget management
- Audit support services
- VAT accounting and compliance
We work with cloud-based and traditional accounting systems to fit your preference and business needs.
Shuraa Tax's Other Taxation Services in the UAE
In addition to accounting, Shuraa Tax also provides a wide range of tax-related services across the UAE:
We ensure that your business remains compliant with all tax laws while identifying opportunities to optimise your tax liabilities.
Why Choose Shuraa Tax?
When you choose Shuraa Tax, you choose professionalism, accuracy, and peace of mind.
- Dedicated Team of certified accountants and tax experts
- Up-to-date with UAE Laws, FTA regulations, and accounting standards
- Customised Services based on your business size and industry
- Transparent Pricing with no hidden costs
- End-to-End Support, from consultation to compliance
- FTA Compliance Guarantee
Smart Accounting Starts with Shuraa Tax
No more confusion, delays, or compliance worries. With Shuraa Tax, your business gets expert accounting solutions that are accurate, timely, and aligned with UAE laws. Get in touch with us today to schedule a free consultation and find the right accounting plan for your business in Abu Dhabi.
Commonly Asked Questions
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1. What are accounting and bookkeeping services in Abu Dhabi?
Bookkeeping and accounting services in Abu Dhabi involve recording, managing, and analysing your business’s financial transactions in line with UAE laws. They help ensure compliance, improve financial clarity, and support better decision-making.
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2. What do auditing firms in Abu Dhabi do?
Auditing firms in Abu Dhabi review your financial statements and records to ensure accuracy and compliance with international standards. They also help detect discrepancies, prevent fraud, and prepare businesses for external audits.
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3. Are accounting services mandatory for small businesses in Abu Dhabi?
While not legally mandatory for all small businesses, maintaining proper financial records is strongly recommended, and often required for VAT filing, securing loans, and business growth.
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4. What services do accounting companies in Abu Dhabi typically offer?
Most accounting companies in Abu Dhabi offer services like bookkeeping, financial reporting, VAT accounting, payroll management, tax filing, audit support, and business advisory, tailored to meet UAE regulatory standards.
