Accounting & Bookkeeping

Accounting & Bookkeeping Services: AARMAK

As per the UAE Commercial Companies Law 2015, companies are required to maintain their accounting records for a minimum of five years. Additionally, many free zones in the UAE mandate businesses to keep accurate financial records and submit audits conducted by approved accounting and auditing firms.

With the global adoption of International Financial Reporting Standards (IFRS), financial accounting and bookkeeping have become more streamlined yet increasingly complex. In the evolving regulatory landscape, it is crucial for businesses in the UAE to meet stringent compliance standards. Accurate and compliant financial statements are essential to compete in the market, attract investors, and meet local laws.

Given the complexity of managing daily operations and staying compliant with local regulations, outsourcing accounting and bookkeeping services to professional firms is an effective solution. This ensures businesses in Dubai and the UAE remain financially stable and compliant with international and local requirements.

Benefits of Outsourcing Accounting & Bookkeeping Services in Dubai, UAE

Outsourcing accounting and bookkeeping to reputable firms in Dubai and the UAE provides numerous advantages:

  • Compliance with Local & International Standards: Outsourced accountants ensure your business adheres to both IFRS and UAE laws, minimizing compliance risks.
  • Expert Solutions for Complex Financial Challenges: Experienced accountants can solve technical accounting issues that are difficult to manage in-house.
  • Smooth Financial Transitions: Professional bookkeeping ensures seamless transitions during mergers, acquisitions, or liquidation processes.
  • Cost-Effective Access to Expertise: Outsourcing is an affordable way for SMEs and entrepreneurs to access highly skilled chartered accountants.
  • Strategic Financial Insights: Professional accounting firms provide valuable insights into your company's financial health, enabling better decision-making and investor confidence.
How AARMAK Can Help You?
At AARMAK, we offer comprehensive accounting and bookkeeping services tailored to your business needs. Our team of qualified accountants helps businesses maintain proper financial records, comply with local laws, and improve financial management. Key services include:

◉ Accounting System Design: Customized systems to meet your specific business needs.
◉ Accounting Software Implementation: Streamlining financial processes through the latest technology.
◉ Comprehensive Bookkeeping: Covering accounts payable, receivable, cashbooks, fixed asset registers, and general ledgers.
◉ Payroll & Petty Cash Accounting: Ensuring accurate record-keeping and compliance with UAE payroll laws.
◉ Tax/VAT Accounting: Specialized VAT accounting, ensuring your business complies with the UAE VAT regulations.
Why Choose AARMAK?
◉ Approved Auditors in UAE Free Zones: AARMAK is listed with all major free zones in the UAE, ensuring compliance with their stringent audit and accounting requirements.
◉ Bank-Approved Auditors: We are recognized by leading banks in the UAE, providing reliable financial reporting that supports loan approvals and financial management.
◉ Regulatory Compliance Experts: Our team ensures your accounts are maintained in line with external audit requirements, safeguarding your business from compliance risks.
◉ Investor Confidence: Up-to-date financial records help attract potential investors by providing a transparent view of your company’s financial health.

Our Financial Reporting & Analysis Services

Accurate and timely financial reporting is crucial for making strategic business decisions. AARMAK offers:

  • Management Information System (MIS) Reports
  • Budgeting & Forecasting
  • Inventory & Treasury Management
  • Sales & Revenue Reports
  • Cash Flow Management
  • Financial Statements, Profit & Loss Statements, and Balance Sheets

Our reports give you a clear understanding of your company’s financial position, helping you manage cash flow, control expenses, and maximize profitability.

Full-Service Accounting & Bookkeeping in Dubai & Beyond

AARMAK has been offering top-tier accounting and bookkeeping services across the UAE for over 20 years. Whether you need routine bookkeeping, complex financial analysis, or help with mergers and acquisitions, we have the expertise to support your business. Our commitment to personalized, high-quality service ensures that companies of all sizes thrive in the competitive UAE market.

AARMAK, with 20 years in Dubai, offers expert auditing, accounting, taxation, AML consulting, trademark registration, and business setup services. We ensure compliance and drive efficient business growth.

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