While UAE offers a business friendly environment for foreign investments, you may not be familiar with the accounting system practiced in the country. Hence, a large number of foreign business acquire bookkeeping services to ensure that audits and compliance.
At My Business Consulting DMCC, we provide a complete suite of accounting services to help all types of business maintain focus on their operations. With more than 11 years of experience in the UAE, our accounts are qualified to provide you with:
BOOKKEEPING
Daily transactions, purchases, sales, trial balance, bank reconciliation statement, and more.
ACCOUNTING
Auditing, reports, and preparing end of year statements like balance sheet, profit and loss statement, and fixed assets and depreciation report.
WITH MY BUSINESS CONSULTING DMCC, YOU CAN ENSURE THAT OPERATIONAL, ROUTINE, AND END OF YEAR FINANCIAL ACCOUNTS AND STATEMENTS ARE MAINTAINED BY THE LEADING ACCOUNTANTS IN UAE.
MANAGEMENT REPORT
Weekly/monthly management and financial reports
Report on Receivables & payables of the organization
Analytical General & Administrative Expenses Report
Analytical Purchases Report
Analytical Sales Report
Budget preparation/ financial projections for succeeding months/years
Report analysis to drive decisions in the business
Monthly bank reconciliation statements
Monitoring financial performance & comparative analysis for each account monthly
Monthly Financial statements, end of year statements like Balance Sheet and Profit & Loss Account
Fixed Asset & Depreciation Report or other schedules to final accounts
Statistics of sales & expenses
SALES
Maintenance of sales journal
Reports on current period sales. Projected sales, if required
Customer, area, agent, department, product, and branch specific sales
PURCHASES
Product wise purchases
Department wise purchases
Branch wise purchases
Vendor, product, department, branch, and area specific purchases
Maintenance of purchase register
Area wise purchases
INVOICING
Customer name & address. Date & Purpose of invoice
Description/Narration on each invoice
Rate per product services & total for number
Quantity of products/services
Bank details of supplier
Accurate & chronological invoicing in accounting software with all details
RECEIVABLES & PAYABLES
Recording all receipts & payments at the time of instance
Receivables & payables both due & overdue, list of outstanding bills
Proper regulation of each receipt & payment against invoice/advance/on account
Aging analysis – bill wise & due date wise
Summary of overdue receivables/payables (partly due & fully due)
VAT
VAT Reporting
Vat Advisory
VAT Consultation
VAT Solutions
BANK ACCOUNT MANAGEMENT
Opening of bank account
Online services for bank account
Ensuring timely payment of liabilities
Correspondence with bank on all matters regarding the account
Registers on postdated cheques received/paid
GENERAL
OBTAINING FINANCIAL AUDIT OF ACCOUNTS SUPERVISING ON-TIME PAYMENT OF UTILITY BILLS
SET UP YOUR BUSINESS WITH US
GET STARTED
My Business Consulting DMCC is here to help you manage your corporate financial obligations and requirements to run a successful business. Our bookkeeping and accounting services can be personalized to your needs based on the nature and scale of your business. My Business Consulting DMCC is dedicated to helping you ensure regulatory compliance and drive business growth. With My Business Consulting DMCC, you can trust the experience!
CLIENT TESTIMONIALS
Matchest Consulting Inc. (Taiwan Based Partner) We are professional consulting company in Taiwan and have cooperated with MY Business Consulting DMCC for many projects successfully. We appreciate for their patience to let us learn more with respect to UAE company types and related regulations. We will continue to cooperate the business and to bring the best services to the clients. Neqtat Al Entelaq Limited More professional than expected, especially Ms. Alaina. We would really recommend My Business Consulting DMCC to all. Aswaq Capital Limited We are very happy to do the registration of Aswaq Capital in My Business Consulting DMCC. And everybody is very helpful. Shafiq Massoud It’s obvious, that My Business Consulting DMCC is committed to professional services and I will not hesitate to recommend your company to others. Blue Atlas Investment Holding Ltd Very efficient and helpful. Excellent time management as we were on a tight schedule. Everything was prepared in time.
HAVE ANY QUESTIONS? FILL THE FORM BELOW
BANK ACCOUNTMANAGEMENT
A bank account is definitely one of the most important requisites of starting a business. The UAE is home to various local and international banks that provide a wide range of services and facilities once you open a bank account. By opening a bank account in Dubai or any other Emirate for that matter, you get the option to open corporate & personal bank accounts for residents, bank accounts for non-residents, offshore bank account, fast and secure online banking, debit/credit cards, cheque books and locker facilities.
READ MOREBUSINESS CONSULTING SERVICE
The United Arab Emirates (UAE) is widely regarded as the gateway between the West and the East thanks to its strategic location, tax free economy, and excellent infrastructure. As such, it’s no surprise that the UAE is one of the most preferred company formation destinations in the world. Hence, business consulting and initial support is quite common amongst foreign investments. If you want to take advantage of the free market in the UAE but are not sure how to incorporate the right way, business consulting services are readily available in the country to help you find your feet.
READ MORE