Accounting and tax planning in the UAE

We can help you understand complex issues and avoid mistakes.
Registration of VAT, Corporate Tax and preparation of declarations
Get a VAT and VAT registration number for your company and start correctly charging and paying VAT in the UAE.


Restore historical accounting
We will restore historical accounting, ensuring that the information is correct and accurate, and you get an accurate picture of your financial situation.
With us, you can forget about the lack of feedback, failure to fulfill agreements and irresponsibility, which is often inherent in the services market.


We prove it in practice:

customers choose us

we strictly adhere to deadline agreements and do not postpone deadlines.
01

Planning

we keep our word and are responsible for it in accordance with all legal contracts and obligations.
02

Honesty

the possibility to choose the appropriate service package taking into account your needs and business specifics.
03

flexibility

you will have access to professionals with in-depth knowledge of local law.
04

knowledge

you will be able to be calm in terms of accounting and focus your energies on the development of the company.
05

certainty

two managers will be included in the processes of your business for immediate response to any request.
06

efficiency

help with the following tasks:

Timely and complete records, including tax records.
Filing of required financial reports.
Consulting services on tax, accounting and financial issues.
Control over correctness, timeliness and transparency of transactions.
Accrual and payment of wages to employees.
The formalization, reflection
and control of receipt of all primary accounting documents.
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04
05
06
02
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We offer a full range of accounting services including record keeping, tax planning, reporting and advice on UAE legislation.

We guarantee 100% confidentiality of corporate information.

our services

Accounting
Tax accounting
Managerial accounting and financial analysis

Accounting

  • Control over the receipt of all primary accounting documents to be reflected in the accounting and the accuracy of tax calculation;

  • Reconciliation of expenses and income on primary documents with statement on settlement account;

  • Keeping records of accounts receivable and accounts payable, control over the timeliness of their payment;

  • Submission of reports in a previously agreed and convenient form.

Tax accounting

  • Development and implementation of a tax accounting system compliant with the UAE legislation requirements;

  • Preparation and filing of tax returns, including VAT and corporate tax;

  • Advising on tax optimization and application of tax benefits;

  • Ensuring timely payment of taxes and control over compliance with tax legislation.

Managerial accounting and financial analysis

  • Collection and analysis of data for management decision-making, planning and control of the company's activities;

  • Development and implementation of a management accounting system to improve management efficiency;

  • Assessment of the company's financial performance and analysis of deviations from planned values;

  • Advising on financial planning, budgeting and cost optimization.
Our services include comprehensive solutions for businesses in the UAE, covering all aspects of accounting and taxation.

Our goal is to help you optimize your financial processes and reduce administrative burdens, ensuring maximum benefit for your business.

our solutions for you

Accounting
reflection of operations
on accounts in the program

Invoice generation

Reporting on request
Accounting
reflection of operations
on accounts in the program

Invoice generation

Reporting on request

Accrual and payment
payroll through
WPS system

Working with third-party services PEMO, Ziina, E-Bank

Constantly available
consultation

Accounting
reflection of operations
on accounts in the program

Invoice generation

Reporting on request

Accrual and payment
payroll through
WPS system

Working with third-party services PEMO, Ziina, E-Bank

Constantly available
consultation

VAT registration

VAT tax return filing

CT registration

VAT refund

Financial planning

Tax planning
Included 15 operations per month
Included 50 operations per month
Included 150 operations per month

bASIC

standart

advanced

1 500 aed per month

4 500 aed per month

2 500 aed Вper month

Consultation on basic taxation and accounting issues (2 hours)
Restoration of accounting records
VAT registration
VAT tax return filing
VAT refund
CT registration
СT tax return filing
Tax and Financial planning (1 hour)
Subscription to licensed accounting software (Intuit Quickbooks)
If you haven't found an offer that suits you - we are ready to form it together with you.

value of additional services

1 000 aed
from 700 aed per month
1 250 aed
from 1 000 aed
from 1 500 aed
750 aed
from 1 000 aed
1 000 aed
100 aed per month
*All prices are exclusive of VAT.

Get advice

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We pride ourselves on providing high quality services and our clients are willing to share their experiences with us.
customer feedback
With a company opening in December 2022, I have tried 3 options for bookkeeping:
  • By myself, not my option at all, I don't like to get into new laws, nuances of reporting .... but for the first time ok.
  • Hired a Filipino accountant, on the recommendation. Seemed ok, but the language barrier prevented discussion of some issues and worked very slowly.
  • I changed to accountants from Belarus, who have a company in the UAE. Everything is clear, fast, not more expensive than the Filipinos, 2 accountants work in conjunction, which allows them to always stay in touch in our chat., invoices are made instantly, there is no language barrier. I asked questions about the contract or accounting and got a clear answer.

In July this year, I reached the 375,000 AED threshold on my btz business account, the accountants registered a TRN number, now with all service invoices VAT5% tax is added.

VAN - mandatory registration when you reach the 375,000 AED income threshold for 12 months, paid quarterly.

I like the fact that my accountants are very meticulous in keeping records of income and expenditure, how much came in, where it went, who didn't pay, every dirham is written down.

I am personally thrilled with our experience, I really like that the setup and acclimation period was very easy and painless for us. We have found in your company a reliable partner for the long term.
Manager and owner of the company OL Interior
Olga Melnikova
CEO KLIMATIKA AC AND REFRIGERATOR MAINTENANCE L.L.C
Andrey Nosikov
I recently had the pleasure of working with Mountain Accounting and Bookkeeping LLC, and I couldn't be more satisfied with their services. From the moment I engaged with them, the team demonstrated a high level of professionalism, expertise, and attention to detail that immediately put my mind at ease.

Their knowledgeable accountants took the time to thoroughly understand our clients' business needs and provided tailored solutions that have greatly improved the efficiency of their financial processes. What impressed me the most was their commitment to accuracy and their proactive approach in identifying areas where we could optimize our finances.

The communication from Mountain Accounting and Bookkeeping LLC is top-notch. They are always prompt in responding to any queries and provide clear explanations for even the most complex accounting matters. Their transparency and integrity are evident in every interaction, and I truly feel that they have my business's best interests at heart.

Thanks to their meticulous bookkeeping and accounting services, we now have a much clearer understanding of our financial position and to our clients, which has been invaluable for making informed business decisions. We highly recommend Mountain Accounting and Bookkeeping LLC to any business looking for reliable and professional accounting services. They are a true partner in success!
Optimum Setup Documents Clearing Services Co LLC
Elena Samokhvalova, owner

FAQ

What are VAT and TRN?

VAT (Value Added Tax) is a 5% value added tax (VAT) levied on the sale of most goods and services in the UAE and is collected and paid to the government by legal entities.

TRN (Tax Registration Number) is a unique number that is assigned after an application for VAT registration is submitted, verified and validated by the UAE Federal Tax Authority (FTA).

When is a company required to register for VAT?

The UAE Federal Tax Authority (FTA) stipulates that a business must register for VAT within 30 days after its taxable supplies and imports have exceeded the mandatory registration threshold of AED 375,000 for the last year of operation or are scheduled to exceed it in the next 30 days.

In addition, a business may voluntarily register for VAT if its supplies and imports or expenditures exceed the voluntary registration threshold of AED 187500.

What documents are required to register for VAT (Value Added Tax)?

1. Certificate of Formation (for freezone companies)(Certificate of Formation
or Certificate of Incorporation )
2. License
3. Emirates ID, passports of owners with ownership share more than 25%
4. Articles of Association (Memorandum of Assotiation)
5. Office Lease Agreement, if any (Unit Lease Agreement)
6. Bank statements for the last 12 months (including the current partial month)
7. Account confirmation letter from the bank (Account confirmation letter)
8. 2 invoices to clients, 2 invoices from suppliers, 1 example of contract with the client
9. Scan of the document with manager's stamp and signature
10. Contactable phone number and Email of the manager

Why restore accounting records if they were not previously kept?

In addition to tracking income and expenses to understand the real financial health of your business, the restored accounting will allow you to be ready for filing the mandatory reporting for Corporate Tax for 2024 and any audit by the UAE regulatory authorities.

What is CT (Corporate Tax) and  when do I need to register for it?

Corporate tax - corporate tax, aka 9% profit tax, which was introduced in 2023 and is paid by legal entities once a year for the past reporting period.
All companies without exception are required to register for it by the end of 2024, the first payment of it will be in September 2025 for the 2024 past year.

There is no tax on the first AED 375,000 of profits.

For SMEs whose annual income is less than or equal to AED 3 million, there is a 0% preferential tax regime. That is, you have to register, you have to file a declaration in 2025, but you do not have to pay.

What documents are required to register for CT(Corporate Tax)?

А. If the registrant is an individual:
1. Emirates ID, owner's passport
2. Trading license
3. Articles of Association (Memorandum of Assotiation)
4. Contactable phone number and Email of manager

B. If the registrant is a legal entity:
1. Certificate of Incorporation (for freezone companies)(Certificate of
Formation or Certificate of Incorporation )
2. trading license
3. Emirates ID, passports of owners with ownership share more than 25%
4. Articles of Association (Memorandum of Assotiation)
5. Office Lease Agreement, if any (Unit Lease Agreement)
6. Available phone number and Email of the manager

Contact information

722, Hayat boulevard 2A/1, Town Square, Dubai, UAE

Address

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Address
722, Hayat boulevard 2A/1, Town Square, Dubai, UAE
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Accounting services for small businesses in the UAE
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