Service Overview
ABICO provides complete accounting and financial reporting services across Dubai and the entire UAE. We support startups, SMEs, and growing enterprises by keeping financial records accurate, transparent, and fully compliant. As a group partner with more than 25 years of experience, we prepare all financial reporting in accordance with International Financial Reporting Standards (IFRS). This ensures your financial position is presented correctly to owners, investors, banks, suppliers, and regulatory authorities in the UAE. In Dubai’s fast-moving business environment, reliable accounting goes beyond recording numbers. It builds trust with stakeholders, meets strict rules from the Federal Tax Authority and other bodies, and gives clear data for decisions that drive growth. We handle the full process from daily entries to strategic reporting, so your team stays focused on operations instead of paperwork. Our full range of services includes: - Accounting and Bookkeeping: Maintaining general ledgers, subsidiary ledgers, trial balances, bank reconciliations, petty cash, and accounts receivable/payable under strict IFRS. - Financial Statements Preparation: Comprehensive monthly, quarterly, or annual P&L statements, balance sheets, cash flow statements, and equity change notes. - VAT Registration, Filing & Advisory: Handling EmaraTax portals, periodic return preparation, reconciliations, and advisory on exemptions and reverse charges. - Corporate Tax Compliance: Registering for corporate tax, computing taxable income with allowable deductions, managing transfer pricing, and filing returns. - Payroll Outsourcing & WPS Compliance: Processing salaries, end-of-service benefits, leave accruals, payslips, and ensuring complete compliance with the Wages Protection System. - MIS Reports & Visual Dashboards: Customized profitability analysis, budget vs. actual variances, cash flow forecasts, and ratio dashboards to support management. - Virtual CFO Services: Budget development, strategic financial modeling, investor reporting, and financial health monitoring. - Asset Tagging & Fixed Asset Registers: Verification, depreciation schedules, and inventory counts to support audited balance sheets.
Key Benefits & Advantages
Our Execution Process
Accounting Setup & IFRS Audit
Review your current ledgers and set up a compliant Chart of Accounts under IFRS.
Monthly Bookkeeping & Ledger Entries
Record day-to-day transactions, bank reconciliations, and manage accounts receivable/payable.
WPS Payroll & Fixed Asset Registers
Process monthly wages in compliance with WPS and update fixed asset tagging schedules.
VAT & Corporate Tax Prep
Prepare periodic VAT return submissions and calculate corporate tax liability.
MIS Reports & Dashboards
Produce visual dashboard reports showing profitability, variance analysis, and cash forecasts.
Virtual CFO & Audit Prep
Deliver financial modeling advice and compile work papers for a smooth external audit review.