ACCOUNTINGSERVICES
Every UAE company needs proper books. With federal corporate tax in place since 2023 and VAT for registered businesses, accounting is no longer optional paperwork — it is how your company stays compliant, keeps its bank account healthy and renews its licence without trouble.
Draft text — under review by Milton Bridge
Milton Bridge provides bookkeeping, tax registration and filing support and financial reporting for mainland and free zone companies. Frankly, it's about you and your business needs: we keep it simple and tell you what you must do and when.
Bookkeeping and financial statements
UAE companies are generally required to keep accounting records and, in many cases, prepare financial statements in line with accepted accounting standards. Some free zones and situations also require audited accounts.
- Monthly or quarterly bookkeeping.
- Financial statements.
- Coordination with auditors where an audit is required.
- Management reports you can actually use.
Corporate tax
The UAE introduced federal corporate tax in 2023. In general, the standard rate is 9% on taxable profit above a threshold, and qualifying income of a qualifying free zone person may be taxed at 0%. Most companies need to register and file returns even if they owe no tax.
Whether and how much tax your company pays depends on your structure, activity and income. We help you register, keep the right records and file on time.
VAT
The UAE applies VAT. Businesses above the mandatory registration threshold must register, charge VAT where applicable and file regular returns; others may register voluntarily. We check whether you need to register and handle the filings.
Why it matters for your bank and licence
Banks review company accounts and transactions regularly. Clean books and clear explanations keep your account in good standing. Authorities may also ask for financial information for licence renewals and compliance checks.
How it works with Milton Bridge
- 1
Review
We look at your company, activity and current records and agree what you need: bookkeeping, tax, VAT, audit support.
- 2
Set-up
We set up your chart of accounts, a simple document flow and tax registrations where required.
- 3
Ongoing bookkeeping
You send documents, we keep the books and flag anything that needs your attention.
- 4
Filings and reports
We prepare tax and VAT returns and financial statements on time and coordinate with auditors where needed.
Accounting Services: frequently asked questions
Do UAE companies need to keep accounts?
Yes, UAE companies are generally required to keep proper accounting records. Corporate tax rules and many free zones also require financial statements, and some require an audit.
What is the corporate tax rate in the UAE?
The standard UAE corporate tax rate is generally 9% on taxable profit above a threshold, introduced in 2023. Qualifying income of qualifying free zone persons may be taxed at 0%. The result for your company depends on your structure and income.
Do I need to register for corporate tax if my company makes no profit?
In most cases, yes — registration is generally required regardless of profit. Filing obligations also usually apply. We handle the registration and filing for you.
When does my company need to register for VAT?
A business must register for VAT when its taxable supplies exceed the mandatory threshold, and may register voluntarily below it under certain conditions. We check your position and handle the registration.
Does my free zone company need an audit?
It depends on the free zone and your situation. Many free zones require audited financial statements, and corporate tax rules can also require them in some cases. We confirm the rules for your company.
How much do accounting services cost in Dubai?
It depends on the volume of transactions, the services you need and whether VAT or audit applies. Book a free expert consultation for a quote that fits your company.
Can you take over accounting from my current accountant?
Yes, we can take over your books from another provider. We review the existing records first and tell you if anything needs fixing.
