Accounting & Bookkeeping Services
Accounting is no longer just an operational need — it's a legal and strategic requirement.
With Corporate Tax now in effect and FTA reporting standards tightening, professional accounting must go beyond basic compliance to deliver strategic value. Corcess combines regulatory expertise with practical financial insight, helping you transform day-to-day financial data into decisions you can act on.
Core Bookkeeping & Financial Records
- Day-to-day bookkeeping and financial record management
- Bank reconciliation and accounts payable/receivable
- IFRS-compliant financial statement preparation
Payroll & WPS Compliance
We process payroll in line with the UAE's Wages Protection System (WPS), ensuring salaries, end-of-service benefits and statutory contributions are calculated correctly and paid on time.
Corporate Tax-Ready Reporting
Every set of accounts we prepare is structured for Corporate Tax reporting from the outset, aligned with Federal Tax Authority requirements — so tax season never means reworking a year of records.
CFO Advisory & Financial Strategy
- Cash-flow forecasting and budgeting support
- Financial reporting for investors, banks and boards
- Technology-driven solutions using cloud accounting platforms
Industry-Specific Expertise
Our team works across retail, construction, healthcare and logistics, understanding the accounting nuances specific to each — from project-based costing in construction to inventory accounting in retail.
Record-Keeping & Audited Financials Requirements
Corporate Tax Law requires taxable persons to keep accounting records and supporting documents for at least 7 years from the end of the relevant tax period — this applies whether or not tax is ultimately owed. Since Ministerial Decision No. 84 of 2025, a growing range of businesses (including those exceeding AED 50 million in revenue, and all Qualifying Free Zone Persons) must also prepare externally audited financial statements to support their Corporate Tax return. We build your books to this standard from day one, not just at filing time.
Relevant Laws & Regulations
- Federal Decree-Law No. 47 of 2022, Article 56Requires taxable persons to maintain records for at least 7 years after the end of the relevant tax period, sufficient to demonstrate the accuracy of the Corporate Tax return.
- Ministerial Decision No. 84 of 2025Sets out which categories of taxable persons — based on revenue and free zone status — must prepare audited (or certified) financial statements to support their Corporate Tax filings.
- Federal Decree-Law No. 33 of 2021 (Labour Law)Underpins payroll and end-of-service benefit calculations that feed directly into a business's accounting records.
Summarized for general understanding, not legal advice. Laws and thresholds are updated periodically by the UAE Ministry of Finance and Federal Tax Authority — always confirm your specific position with a registered tax agent.
Ready for compliant, stress-free tax and business support?
Book a free consultation with our FTA-approved team and get a clear plan for your UAE tax and compliance needs.
