Accounting Services for Startups in Dubai
Xact Auditing is offering best accounting services for startups in Dubai at a reasonable price to support new businesses. Setting up a company in UAE is a thrilling journey, but it is challenging to understand the financial laws and requirements related to startups.
We specialize in providing customized accounting and bookkeeping services in Dubai specially for new companies in Dubai at low cost to assist them in maintaining financial accounts and follow tax laws from day one.
Why Choose Xact for Your Startup’s Accounting Needs?
1. Professional Bookkeeping and Accounting Management
- Our bookkeeping services cover all the components of finance. From setting up chart of accounts (COA) to recording all the business transactions accurately which helps the shareholders to track financial performance of their business. With meticulous bookkeeping, startups can make sound decisions to grow their business.
2. Ensure Corporate Tax and VAT Compliance
- It is extremely important for new companies to understand their tax obligations in order to avoid unnecessary VAT fines and corporate tax penalties in UAE. We are offering specialized VAT return filing services and corporate tax filing services, to ensure tax compliance as per the Federal Tax Authority (FTA) law.
3. Budgeting and Financial Projection
- Future planning is very vital for all the startup companies in UAE. Our accounting services in Dubai assist you in handling your expenses and cashflow effectively. Our financial reports will enable business owners to uncover growth opportunities in UAE’s complex market.
4. Payroll Solutions
- Our payroll services in Dubai are formulated to ensure that your employees are paid accurately and on time through Wage Protection System (WPS). We strictly ensure to follow all the standards and law of Ministry of Labor (MOL). Our scope also covers end of service and HR management services.
5. Corporate Tax Optimization
- Besides outsourced accounting for small businesses in UAE, we offer tactical corporate tax services in UAE to drive your company towards growth. We ensure corporate tax compliance through optimized accounting services for startups in Dubai.
5. Implementation and Trading of an Accounting Software
- Our professional and experienced accountants will assist new companies to choose a suitable accounting software depending upon the nature and size of the business. Also, our accounting advisory services in Dubai will help startups to choose and implement the right accounting software, such as QuickBooks, ZohoBooks or Xero.
Low Cost Accounting Services
It is very important for startups and small businesses to understand UAE’s market trends because it will help them to establish themselves for longer run in UAE. At Xact, we are offering best accounting services in Dubai to enhance financial functions for startups.
Hiring a full time accountant will be costly for the startup businesses in UAE. Because they need to give an accountant a fixed monthly salary along with visa, medical insurance and travel ticket and even with all this the entire responsibility lies on the company. So, it is cost effective to choose a reliable accounting firm.
It is better to outsource accounting services in UAE and you can avoid all the unnecessary cost. Moreover all the responsibility of accounting functions lies on the accounting firm. If your company is facing an issue with the backlog, we are also offering backlog accounting services.
Partner with Xact Auditing
Let Xact Auditing handle all your accounting needs and let yourself focus on the business. With our low cost accounting services for startups in UAE, you will feel that your business is on the right track from the beginning. Contact us today to find out how we can support your fresh startup in UAE.
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