Essence Accounting is trusted by hundreds of UAE businesses for accounting services in Dubai and the UAE. We provide fully outsourced bookkeeping, WPS payroll, IFRS financial statements, VAT accounting, and corporate tax compliance — all from a single qualified team in Dubai.
Quick Answer: Essence Accounting provides comprehensive accounting and bookkeeping services in Dubai and across the UAE. Services include monthly bookkeeping, IFRS financial reporting, payroll & WPS, VAT & corporate tax compliance. Pricing depends on your transaction volume. Request a quote →
Professional team. Save up to 60% vs in-house. Response in 30 minutes.
“We switched from an in-house accountant to Essence — 60% cost saving and our IFRS financials are always ready well before audit. Best decision we made.”
“Essence handles everything — bookkeeping, payroll, VAT, corporate tax. I focus on growing the business. They handle the compliance. Completely stress-free.”
UAE businesses face a unique set of accounting obligations — VAT compliance, corporate tax compliance, WPS payroll, IFRS financial reporting, and regulatory record-keeping requirements. Meeting all these demands with in-house staff is expensive and complex.
Essence Accounting provides end-to-end accounting services designed specifically for UAE businesses. From day-to-day bookkeeping to annual financial statements and corporate tax-ready accounts, we handle every financial management need — so you can focus on running your business.
Our accounting team works with all major cloud platforms including Xero, QuickBooks, and Zoho Books. We also provide on-site support at your Dubai office if preferred.
| Cost Factor | In-House Accountant (Dubai) | Outsourced via Essence Accounting |
|---|---|---|
| Monthly Salary | AED 5,000 – AED 15,000 | Included in package |
| Visa & Medical Insurance | AED 8,000 – AED 15,000/year | Not applicable |
| Accounting Software | AED 2,000 – AED 6,000/year | Included |
| VAT Filing Expertise | Requires additional specialist | Professional team included |
| Corporate Tax Compliance | Requires additional CT specialist | Fully integrated |
| Annual Total Cost (est.) | AED 80,000 – AED 220,000+ | Fraction of in-house cost |
* Estimates based on mid-size Dubai business with standard accounting needs. Contact us for a customised quote.
Businesses with revenue exceeding AED 50 million, listed entities, and Qualifying Free Zone Persons must prepare IFRS-compliant audited financial statements. Essence Accounting prepares these as the basis for both CT and audit purposes.
All UAE mainland employers must process salaries through the Wage Protection System (WPS) via approved banks or exchange houses. Non-compliance can result in license suspension. We manage full WPS payroll processing.
Your accounting records must be structured to support quarterly VAT filing. Every purchase invoice, sales invoice, and credit note must be properly recorded with correct VAT treatment — or your VAT returns will be incorrect.
UAE Corporate Tax Law requires all taxable persons to maintain financial records for a minimum of 7 years. These records must support the figures in your CT return and be available for inspection if requested.
UAE banks require updated financial statements for financing applications, account opening, and credit limit reviews. Regular management accounts from Essence Accounting ensure you are always bank-ready.
Businesses with related-party transactions must maintain transfer pricing documentation under UAE CT rules. Our accounting services include the financial data extraction needed to support transfer pricing analysis.
Our integrated approach means your accounting records automatically support your VAT return filing and corporate tax compliance — no duplication of effort. For comprehensive financial management, see our accounting and financial advisory services.
Our qualified team handles your accounting and VAT compliance under one engagement.
Deep expertise in UAE accounting law, compliance requirements, and IFRS — built over a decade serving Dubai businesses.
We work with Xero, QuickBooks, and Zoho Books — giving you real-time financial visibility from anywhere.
Central Dubai office at Iris Bay Tower for in-person meetings, document handover, and ongoing support.
Pricing depends on your transaction volume and scope of services required. Request a quote →
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Bookkeeping, financial reporting, payroll, VAT accounting, and IFRS compliance — all from a qualified professional team. Contact us today for a no-obligation quote.
