Asad Abbas & Co. combines 17+ years of UAE practice with FTA Approved Tax Agent status, RERA Registered Auditor recognition, and Freezone Listed Auditor coverage across 17+ free zones. Our 40+ qualified professionals include CPAs, CGMAs, CMAs, and MBAs, supported by ISO 9001-2015 certified processes. For SMEs shortlisting the best ca firms in dubai, this depth translates into audit ready books, timely FTA filings, and monthly management accounts that hold up in front of banks, investors, and free zone authorities.

Trading entities in the UAE face VAT return cycles, CIT registration, customs coordination, and inventory valuation exposure. When selecting a practice, verify FTA agent status, free zone auditor listings, and IFRS reporting experience. Asad Abbas & Co. supports trading entities across Mainland and free zone jurisdictions with structured ledgers, quarterly VAT reconciliations, and audit sign-off recognised by DED, DMCC, JAFZA, and other trade licensing authorities.

Free zone entities require an auditor listed with the relevant authority, whether DMCC, JAFZA, DAFZA, Meydan, IFZA, or another free zone regulator. Among chartered accountant companies in dubai, Asad Abbas & Co. is a listed auditor across 17+ UAE free zones and delivers accounting, statutory audit, and CIT compliance work aligned to each free zone’s disclosure format. Financial statements are prepared to IFRS and submitted within the free zone renewal window.

Yes. Monthly financial reporting for startups covers general ledger maintenance, bank reconciliations, revenue recognition under IFRS, and preparation of profit and loss and cash flow statements. As an established chartered accountant firm in dubai, our team delivers a standard closing pack with variance commentary and management dashboards, giving founders visibility into runway and burn ahead of investor updates. The reporting cycle is scoped to the entity’s transaction volume and reviewed by a qualified accountant before release.

In most cases they can, but only firms with FTA Approved Tax Agent status can act formally on tax matters through the EmaraTax portal. Our practice holds FTA agent status and manages VAT return filing, CIT registration, and voluntary disclosures alongside the underlying accounting work. Combining bookkeeping and tax under one engagement reduces reconciliation gaps between ledger balances and filed tax positions, and keeps audit preparation and statutory sign-off within a single documented trail.

Real estate accounting in the UAE follows RERA and ADREC (Abu Dhabi Real Estate Centre) frameworks, including escrow account handling, service charge apportionment, and owners association reporting. Among ca firms in Dubai serving the real estate sector, Asad Abbas & Co. is a RERA Registered Auditor and ADREC Registered Auditor, applying the correct disclosure format to developer accounts, project escrow reconciliations, and annual service charge audits. Our team coordinates with DLD and ADREC on filing requirements.

Family businesses and holding groups require consolidated reporting, intercompany elimination, and UBO (Ultimate Beneficial Owner) filings alongside statutory audits at subsidiary level. Our practice manages group consolidation under IFRS, prepares UBO submissions with the relevant authority, and coordinates statutory audit sign-off across subsidiaries. Continuity across generations is supported through documented accounting policies, formal chart of accounts governance, and quarterly consolidated management reporting to the family office in a format acceptable to lenders and successor advisors.

New businesses in the UAE typically require chart of accounts setup, opening balance recognition, monthly bookkeeping, VAT registration where the threshold is met, CIT registration, and preparation of the first annual financial statements. Working with the best accounting company in dubai for the first year sets the ledger baseline correctly, preventing rework later. Our practice scopes each engagement to the entity’s activity, license type, and free zone or Mainland jurisdiction, then delivers the recurring cycle from ledger through to statutory close and tax return filing.

Yes, subject to independence rules. Under ISA, the audit engagement partner and audit team cannot participate in the underlying bookkeeping for the same reporting period. Where a client wants a single practice for accounting and audit, work is ring-fenced across separate teams and files, with independent partner review on the audit side. Our accounting team maintains the ledger, while an independent audit team performs the statutory audit under partner review, satisfying UAE regulatory expectations.

Evaluation criteria typically include FTA Approved Tax Agent status, free zone auditor listings, RERA and ADREC recognition where relevant, IFRS methodology, industry coverage, and international network membership. Ask each shortlisted practice for its scope note, engagement partner CV, fee estimate, and turnaround times for VAT and CIT filings. Asad Abbas & Co. is an independent member of Prime Global International, ISO 9001-2015 certified, and Ministry of Justice accredited since 2009, with 1,000+ statutory audits completed.

Yes. Our KSA branch coordinates with the Dubai team on intercompany transactions, transfer pricing documentation, and ZATCA e-invoicing alignment. Groups shortlisting the best accounting company in dubai for UAE and KSA coverage benefit from a single engagement partner across both jurisdictions, matched close cycles, and consolidated reporting under IFRS. Our KSA presence supports Saudi statutory filings while the Dubai team handles FTA registrations, CIT returns, and VAT reconciliations, keeping the group ledger consolidated on one reporting date.

Bookkeeping is the daily recording of transactions into ledgers, including sales, purchases, receipts, and payments. Accounting extends to trial balance preparation, adjusting entries, revenue and expense recognition under IFRS, preparation of management and statutory financial statements, and tax reporting alignment. A structured accounting service in dubai covers both layers under one engagement, with bookkeeping executed by trained accountants and higher order review performed by qualified professionals such as CPAs and CGMAs.