Best Accounting & Bookkeeping Services in UAE | Expert VAT & Corporate Tax Consultants
Grow Your Business, We'll Handle the Finance BooK keeping Tax Submition Accounts
At Global Reach Enterprises F.Z.C., we offer comprehensive tax, accounts, finance, and bookkeeping services designed to empower businesses across the UAE. Our team of certified professionals provides tailored solutions to ensure your financial operations are efficient, compliant, and aligned with your business objectives.
Our Services
Comprehensive Accounting, Bookkeeping, Tax & Finance Services in the UAE
Global Reach Enterprises F.Z.C. offers a full spectrum of financial services to support your business at every stage. We are committed to delivering accuracy, compliance, and strategic insights that empower your decision-making and drive sustainable growth.
Accounting Services
Precision Accounting for Informed Decisions
Our accounting services go beyond basic record-keeping. We provide timely and accurate financial statements, management accounts, and performance analysis to give you a clear picture of your business’s financial health.
- Services:
- Financial Statement Preparation
- Management Accounting & Reporting
- Budgeting & Forecasting
- Cash Flow Management
- Financial Analysis
Bookkeeping Services
Meticulous Bookkeeping for a Solid Foundation
Maintaining accurate and organized financial records is crucial. Our diligent bookkeeping services ensure all your transactions are recorded correctly, providing a reliable basis for your accounting and tax obligations.
- Services:
- Daily Transaction Recording
- Bank Reconciliations
- Accounts Payable & Receivable Management
- Expense Tracking
- Record Keeping & Organization
Tax Services
Navigate UAE Tax Regulations with Confidence
Staying compliant with the UAE’s evolving tax landscape can be challenging. We provide expert tax advisory and compliance services, including VAT, to ensure you meet all obligations efficiently and minimize your tax liabilities.
- Services:
- VAT Registration & Compliance
- VAT Return Filing
- Corporate Tax Advisory (if applicable)
- Tax Planning & Optimization
- Tax Audits Support
Finance Solutions
Strategic Finance Guidance for Growth
Leverage our financial expertise to make strategic decisions that propel your business forward. We offer tailored financial consulting to help you manage
- Services:
- Business Planning
- Strategic Financial Planning
- Mergers & Acquisitions (M&A) Advisory
- Capital Structure Optimization
Frequently Asked Questions
All businesses registered in the UAE, including those in free zones, are required to maintain accurate accounting records and financial statements for at least 5 years (some free zones require 7 years). These records must include invoices, receipts, ledgers, and supporting documents in compliance with UAE Federal Law No. 2 of 2015 and VAT regulations. Proper bookkeeping ensures smooth audits, accurate tax filings, and legal compliance.
The UAE introduced a federal corporate tax of 9% effective from June 1, 2023, on business profits exceeding AED 375,000. Profits below this threshold are taxed at 0%. Certain industries such as oil & gas and foreign banks may have different rates. Free zone companies can still enjoy 0% tax if they meet qualifying income criteria and comply with regulations.
Yes, Value Added Tax (VAT) is mandatory for businesses with annual taxable supplies and imports exceeding AED 375,000. Businesses earning above AED 187,500 may register voluntarily. The standard VAT rate is 5%, and companies must register with the Federal Tax Authority (FTA) to collect, file, and remit VAT correctly.
Failure to register, file, or pay VAT and corporate tax on time can result in significant penalties. For example, late VAT registration incurs a fixed AED 10,000 fine, while late filings attract a penalty starting from AED 1,000 for the first offence and AED 2,000 for subsequent offences. Corporate tax non-compliance can lead to administrative fines, interest on unpaid amounts, and legal action.
Accurate accounting allows businesses to claim deductible expenses, track profits, and apply legitimate tax-saving measures under UAE tax laws. By maintaining organized financial statements, companies can avoid overpayment, minimize audit risks, and ensure correct corporate tax calculations, especially for qualifying free zone income.
While small businesses can manage basic bookkeeping in-house, it’s strongly recommended to hire a professional accountant or tax consultant. UAE tax regulations can be complex, and mistakes in VAT filings or corporate tax calculations can lead to penalties. Outsourcing ensures compliance, accuracy, and up-to-date reporting while allowing business owners to focus on growth.