
Accounting services
We provide customizable accounting solutions tailored to meet the unique needs of your business. Whether you're looking for a full-service package or specific support, our scalable services adapt as your company grows.
Outsourcing accounting and financial reporting can save time, reduce stress, and improve accuracy. That’s why more businesses are choosing TAG Consultancy for expert support they can trust.
Outsourced Financial Services:
- Record all sales invoices and purchase bills.
- Track incoming payments and funds received.
- Perform accurate bank reconciliations.
- Manage accounts receivable and accounts payable transactions.
- Record and tracking asset acquisitions and calculating depreciation.
- Logging all loans, credit lines, and financial liabilities.
- Manage prepayments & accruals
- Post all necessary journal entries to maintain accurate general ledgers

Bookkeeping Services
Accurate bookkeeping is vital for sustainable business growth. It involves tracking transactions and managing accounts. You must keep accurate records for invoicing, payments, and cash flow. Using advanced software helps ensure accuracy and compliance. Proper bookkeeping supports efficient financial management, helping businesses meet obligations and thrive in a competitive environment.
Services:
- Tracking transactions and managing accounts.
- Utilizing advanced software for accuracy and efficiency.
- Ensuring compliance with UAE laws and regulations.

Accounting Software Integration
Accounting software simplifies financial management by automating tasks like bookkeeping, reporting, and analysis. Businesses save time and improve accuracy, enabling timely financial records and enhanced efficiency. Features such as invoicing, expense tracking, and bank reconciliation help maintain precise finances. Robust reporting tools generate real-time insights, aiding performance assessment and strategic planning. We assist in selecting and implementing software like Xero or QuickBooks to suit specific business needs.
Services:
- Expert guidance on selecting and implementing accounting software (e.g., Xero, QuickBooks).
- Customization of software features to align with your company's specific accounting workflows and requirements.
- Setup of cloud-based accounting platforms, enabling secure, real-time access to financial data from anywhere.
- Ongoing support and training for your team to ensure effective software utilization and minimize disruptions.
- Regular software updates and maintenance to ensure your accounting systems stay current and compliant with regulations.

Financial Reporting
Accurate accounting and reporting are essential for business success. Reliable reports help assess profitability, identify trends, and plan strategically. As the financial world changes, our team helps your business stay compliant. We make sure you can handle complex tax laws, which supports growth and sustainability.
Services:
- Preparation of accurate and timely financial statements.
- Customized financial reporting tailored to business needs.
- Analysis of financial performance and profitability trends.
- Compliance with UAE tax laws and international standards, including IFRS.
- Advisory on optimizing internal accounting processes.

HR & Payroll
We offer HR and payroll services across to streamline operations and ensure compliance with regulations. Our solutions simplify managing payroll, labor compliance, and workforce support while ensuring accuracy and confidentiality. Services include global and domestic payroll management, system interfaces, training, and reporting. Outsourcing these functions reduces administrative burdens, mitigates risks, and enables businesses to focus on core activities, improving overall efficiency.
Services:
- Global and domestic payroll management
- Payroll system interfaces
- HR workforce support
- Labor Compliance
- Project back-end support
- Training support
- HR, compensation, and payroll reporting
- Vendor selection and management
- Cost projections and balance sheet operations

Backlog Accounting
Backlog Accounting ensures businesses maintain accurate and compliant financial records, even when faced with delayed bookkeeping. We specialize in identifying and resolving discrepancies in past records, reconstructing financial data, and ensure compliance. By addressing these issues promptly, businesses can regain control of their finances and avoid potential legal and financial repercussions.
Services:
- Reviewing and reconstructing past financial records.
- Resolving discrepancies in historical data.
- Ensuring compliance with local and international accounting standards.
- Reorganizing and updating accounts for current accuracy.
- Preparing overdue financial statements for tax and regulatory submissions.

CFO Services
CFO services provide businesses with strategic financial leadership without the need for a full-time hire. Our skilled team has strong financial knowledge. We help businesses improve cash flow, create effective strategies, and make better financial decisions. Our CFO services cover budgeting and risk management. They are designed to support the financial health and growth of your organisation
Services:
- Strategic financial planning and forecasting.
- Cash flow management and optimization.
- Risk assessment and mitigation strategies.
- Budget preparation and financial reporting.
- Financial analysis to support business growth and scalability.
- Advising on mergers, acquisitions, and investment opportunities.

Accounting Review
Our accounting review services help make sure your financial statements are accurate, reliable, and meet the latest standards. Our teams conducts thorough examinations of your accounting processes, identifying inefficiencies and offering actionable solutions to enhance transparency and accuracy. This service helps businesses maintain trust with stakeholders and improve overall financial management.
Services:
- Comprehensive review of financial statements.
- Evaluation of internal accounting processes.
- Identification and correction of errors or inconsistencies.
- Compliance checks with UAE tax regulations and IFRS.
- Recommendations for process improvements and best practices.
- Ongoing monitoring to maintain financial accuracy and reliability.
Why Choose TAG Consultancy and Outsource Your Accounting Services
We deliver tailored solutions for businesses of all sizes and industries, aligned with your goals and growth objectives.
- Expertise: Highly skilled professionals with diverse backgrounds and extensive experience in Dubai tax regulations and practices
- Tailored Solutions: Customized accounting packages to meet specific business needs, whether in Dubai mainland or free zones
- Technology Integration: Leverages cutting-edge technology and industry best practices to streamline processes
- Cost-Effective: Budget-friendly services designed to optimize resources and mitigate risks
- Client-Centric Approach: We focus on understanding our client's business model and objectives
Benefits for Businesses
- Ensures compliance with local regulations and international standards
- Provides expert guidance on complex tax laws and regulatory requirements
- Offers personalized solutions for businesses of all sizes, from startups to multinational corporations
- Streamlines financial processes, enhancing efficiency and transparency
- Supports strategic decision-making through accurate financial reporting and analysis
By choosing us as your accountants, your business can confidently handle the complex accounting rules in the UAE. We make sure your finances are correct. We follow the rules and offer smart financial management. This helps you grow and succeed in a competitive market.
FAQ
The accounting requirements in the UAE encompass adherence to International Financial Reporting Standards (IFRS) for financial transparency, Value Added Tax (VAT) compliance, accurate financial reporting, annual audits, corporate governance principles, compliance with commercial laws, and adherence to free zone regulations for companies operating within them. Complying with these regulations ensures legal adherence, financial integrity, and accountability, with professional guidance essential for navigating UAE accounting requirements effectively.
Yes, companies operating within free zones in the UAE are typically required to appoint an accountant. Free zone authorities often mandate that companies maintain proper accounting records and submit financial statements annually or as per the specified reporting requirements. Hiring an accountant ensures compliance with these regulations, accurate financial reporting, and adherence to accounting standards, contributing to the overall financial integrity and transparency of the company's operations within the free zone.
Popular accounting software used in the UAE includes Xero, QuickBooks, and Sage. These platforms offer features such as automated bookkeeping, invoicing, expense tracking, and financial reporting, facilitating efficient accounting management for businesses of all sizes.
Financial reporting in Dubai is primarily regulated by the UAE Federal Law No. 2 of 2015 concerning Commercial Companies, which outlines the obligations for companies to prepare and submit financial statements annually. Additionally, the UAE Securities and Commodities Authority (SCA) regulates financial reporting for publicly listed companies and requires adherence to International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles (GAAP).
Companies in Dubai typically must submit their financial statements annually, within 90 days from the end of their financial year. However, specific submission deadlines may vary depending on the regulatory authority overseeing the company's activities and its legal structure.
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