Financial Accounting Services

Financial Accounting Services

Financial Accounting Services In the upcoming months, bookkeeping and preparation of the accounts is going to be one of the major requirements for all the businesses in the UAE.

With the announcement of the Tax Procedure Law in the UAE and the implementation of the VAT, all the businesses operating in the United Arab Emirates are required to prepare and maintain their books of accounts and the financial statements for a minimum period of 5 years.

As per the UAE Federal Law No. 2 of 2015 on Commercial Companies, Article 26 require all the companies to keep their financial records so as to give a true and a fair view of the financial position of the company and enabling the partners and the shareholders to confirm that all the accounts are prepared in compliance with the provisions of the law.

For more about financial accounting services in UAE visit :- Financial Accounting Services