Professional Accounting Services in Ras Al Khaimah Economic Zone

Are you looking for reliable accounting services in Ras Al Khaimah? As one of the leading accounting and advisory firms in the UAE, Oncount delivers structured, compliant, and scalable accounting services tailored specifically for Ras Al Khaimah businesses. Our professional accountants ensure your financial records remain accurate and up-to-date, helping you streamline operations while maintaining full compliance with UAE financial and tax regulations. Effective financial reporting is crucial for any business here.

While often confused, accounting and bookkeeping services in the UAE serve distinct yet complementary purposes:

Bookkeeping involves the accurate, chronological transaction recording, maintaining updated financial records, and organizing books of accounts.

Accounting encompasses the interpretation of those records, preparation of financial statements, regulatory compliance, and strategic advisory services.

Federal Tax Authority (FTA) guidance stipulates that all businesses must retain original financial records for at least 5 years. Accounting service providers ensure this base is reliably maintained; financial consultants use it to generate financial statements, tax returns, and management reports. These services are essential for audit preparedness, financial transparency, and strategic growth planning in both mainland and free zone companies in the UAE, impacting areas like UAE VAT compliance and preparation for corporate tax in UAE requirements. Accurate financial reporting Dubai entities also require relies heavily on diligent accounting practices.

Oncount's accounting solutions are designed to ensure full compliance with UAE legislation while supporting operational efficiency. Our accounting and financial reporting firm provides services mapped to the requirements of:

• UAE Corporate Tax Law (Federal Decree-Law No. 47 of 2022)
• UAE VAT Law (Federal Decree-Law No. 8 of 2017)
• UAE Economic Substance Regulations (ESR) and Ultimate Beneficial Ownership (UBO) Regulations

These frameworks dictate essential practices for accurate accounting and financial reporting, applicable across the UAE, including Ras Al Khaimah.

Our professional accounting services in Ras Al Khaimah are structured to ensure full compliance with UAE business regulations, supporting both operational accuracy and regulatory transparency:

• Transaction Recording with IFRS chart of accounts
• VAT Accounting & Filing, periodic return filing, and record matching (FTA portal integration) to ensure UAE VAT compliance
• Corporate Tax Calculation & Filing based on UAE Corporate Tax rules
• Monthly financial reports, financial records, and financial statements
• Financial records reconciliation and bank reconciliation management

This foundational work supports accurate financial reporting, essential for all UAE businesses.

In addition to accounting services, Oncount supports the full corporate lifecycle in the UAE, from company formation to regulatory upkeep, making us one of the best accounting and financial reporting firms in the region. Our expertise extends across the UAE, including supporting financial reporting Dubai based entities require.

• Business registration in mainland jurisdictions (Department of Economic Development - DED) and major free zones (e.g., RAKEZ, Saif Zone)
• Assistance with UAE corporate bank account setup, KYC preparation, and compliance documentation

Establishing a solid foundation is key before managing day-to-day accounting and UAE VAT compliance.

• Trade license renewal reminders and coordination for Sharjah businesses
• FTA e-Tax system registration for tax invoice validation
• Ongoing support with VAT and Corporate Tax declarations and notification

Maintaining these aspects ensures the business remains legally operational and compliant, supporting continuous financial reporting and compliance with corporate tax in UAE.

with an ONCOUNT Accounting Assistant

All businesses in the UAE must maintain compliant financial records, regardless of size or legal structure. As per the UAE Commercial Companies Law (Federal Decree-Law No. 32 of 2021), records must reflect a true and fair view of financial position and performance. Services such as structured accounting, Tax filing, and financial reporting preparation ensure businesses meet these legal obligations consistently and accurately. This forms the bedrock for UAE VAT compliance and corporate tax in UAE calculations.

UAE accounting must comply with Tax laws, administrative penalties, and FTA rules on Regulatory compliance and recordkeeping:

• UAE Corporate Tax Law (Federal Decree-Law No. 47 of 2022)
• Cabinet Decision No. 40 of 2017 (Administrative Penalties for Tax Violations)
• FTA recordkeeping and Tax compliance guidelines

Understanding these is paramount for effective accounting services in Ras Al Khaimah.

Oncount helps reduce fines through timely filings, compliance checks, and accurate financial records reporting:

• Failure to maintain proper records may trigger fines of AED 10,000 minimum under FTA penalties.
• Misclassification under Free Zone exemptions may invalidate Tax benefits.

Our tools include audit readiness checklists, record backup protocols, and deadline monitoring to ensure penalty avoidance, critical for UAE VAT compliance and adherence to corporate tax in UAE requirements.

Oncount is a UAE-based accounting and advisory services firm specializing in end-to-end Regulatory compliance. With a focus on UAE corporate regulation, our services are built to align with both FTA mandates and international Accounting standards. We support both mainland and free zone businesses by integrating local regulatory awareness with international accounting rigor. Our expertise extends across the Emirates, including providing crucial financial reporting Dubai based clients rely upon.

Oncount prioritizes transparency, communication, and actionable insights over passive data entry. Each client is assigned a dedicated accounting manager with a defined escalation structure. Reports are delivered in investor-ready formats, supporting strategic planning and regulatory readiness. Our comprehensive services include:

• Full accounting and maintenance of financial records
• Regulatory filing and accounting and regulatory compliance, including UAE VAT compliance
• Financial Statements returns and advisory services
• System Reporting and Company management
• Regulatory compliance and regulatory reporting
• Financial reports and complex Financial analysis
• Structured monthly workflows with cutoff dates and SLA-based delivery
• Communication via Zoom, WhatsApp, and secure email
• Custom reporting templates for board meetings, lender reviews, and Tax submissions

We provide accounting services in Ras Al Khaimah focusing on these principles.

Established in 2016, Oncount has served over 320 companies in the UAE, ranging from startups to multinational subsidiaries:

• Services delivered in English, Arabic, and Russian to support the UAE's multilingual business community
• Full adherence to FTA guidelines, UAE Cabinet Decisions, and IFRS reporting practices
• Jurisdiction-specific expertise across RAKEZ, Saif Zone, DMCC, DIFC and Free Zone licensing authorities

This experience grounds our accounting services in Ras Al Khaimah and wider UAE operations.

with an ONCOUNT Accounting Assistant

Oncount's systems, personnel, and regulatory knowledge are designed for businesses that prioritize both compliance and clarity, making us one of the leading accounting and financial reporting firms in the UAE. We offer accounting services in Ras Al Khaimah built on a foundation of local expertise.

Our deliverables are executed through standardized review procedures to ensure precision, compliance, and audit-readiness across all Financial operations:

• Dual review of financial records for accuracy
• Periodic reconciliation of bank balances, receivables, and payables
• SOPs mapped to FTA and IFRS standards
• Supporting documentation verification and documentation

This rigorous process ensures accuracy in areas like UAE VAT compliance and corporate tax in UAE calculations.

Our solutions combine automation with regulatory insight, enabling error-free reporting and full alignment with UAE statutory requirements:

• Use of certified accounting software (e.g., Zoho Books, Xero, QuickBooks UAE edition)
• Full implementation of VAT, Corporate Tax, and AML compliant workflows
• Accounting system customized to your business needs

We provide accounting services in Ras Al Khaimah that leverage technology while ensuring legal compliance.

Our support features include responsive communication and seamless access to Financial data, ensuring clarity and speed in all client interactions:

• Communication in four languages for cross-border teams
• SLA-based ticket resolution for accounting adjustments
• Instant access to monthly reports and audit documentation via cloud portal

Effective communication supports efficient financial reporting and addresses queries regarding UAE VAT compliance or corporate tax in UAE.

When you handle your accounting activities through outsourcing accounting services to professional accounting firms in Ras Al Khaimah like Oncount, you gain:

• Time to focus on core business growth initiatives
• Cost savings compared to in-house Accounting teams
• Accounting services and strategic Financial management guidance
• Accurate and compliant accounting aligned with UAE requirements
• Reduced risk of regulatory penalties
• Up-to-date Financial data insights for better decision-making

If your company requires accurate, legally compliant, and fully customized accounting services in Ras Al Khaimah, Oncount offers unmatched regulatory alignment, industry experience, and responsive client support to meet the needs of all businesses in the UAE. This includes navigating UAE VAT compliance and preparing for corporate tax in UAE. Accurate financial reporting Dubai-based businesses is also supported by our comprehensive UAE-wide expertise.

with an ONCOUNT Accounting Assistant