Transactions recorded, bank accounts reconciled and ledgers kept current every month, ready for filing and review.
Accounting & Bookkeeping · United Arab Emirates
Accounting & Bookkeeping
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Day-to-day books, management reporting and clean records that keep every UAE filing — VAT, Corporate Tax and audit — straightforward, with MHBC as your single point of contact.
The obligation
UAE businesses are required to keep proper accounting records and supporting documents. Under the Corporate Tax Law these records must be retained for at least seven years, and VAT-registered businesses must keep records that substantiate every return.
A Corporate Tax computation, a VAT return or an audit is only as reliable as the books beneath it — accurate records are the foundation every other obligation depends on.
What this service covers
Periodic profit-and-loss, balance sheet and cash-flow summaries, so you see the numbers that drive decisions.
Management reporting
Reconstruction and clean-up of records for past months or years where bookkeeping was missed, incomplete or inconsistent.
Backlog accounting
Selection and configuration of accounting software, chart of accounts and workflows suited to how your business runs.
Accounting system setup
How it runs
One-time
System setup, chart-of-accounts design, and bringing any backlog up to date.
Recurring
Monthly bookkeeping, reconciliations and management reports on a fixed calendar.
Frequently asked
Questions, answered plainly.
- Does my business need to keep accounting records?
- Yes. UAE businesses must maintain accounting records and supporting documents. Under the Corporate Tax Law these are generally retained for at least seven years, and VAT-registered businesses must keep records that support each return.
- What is backlog accounting?
- The reconstruction and correction of financial records for past periods where bookkeeping was not done, was incomplete or contained errors — bringing your accounts current so filings and audits can proceed.
- Which accounting software do you work with?
- We set up and work within mainstream cloud accounting platforms, configuring the chart of accounts and workflows around how your business actually operates.
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Consultation
Have your Accounting & Bookkeeping position reviewed.
A short call with the team that would run the work — what applies to your entity, what is already in place, and what the next filing actually needs.
Cross-entity
Corporate Services
Formation, licensing, structuring, PRO and governance — the setup MHBC Finance keeps compliant. Delivered by MHBC Corporate Services.