Professional Accounting Services for Tech Companies in Dubai, UAE
Are you looking for reliable accounting services for tech companies in Dubai UAE? As one of the leading accounting firms in Dubai, Oncount delivers structured, compliant, and scalable accounting solutions tailored specifically for UAE technology businesses. Our professional qualified accountants ensure your financial records remain accurate and up-to-date, helping you streamline operations while maintaining full compliance with UAE financial regulations and Ministry of Finance requirements.
Comprehensive Accounting Solutions for Technology Companies
Oncount's accounting service solutions are designed to ensure full compliance with UAE legislation while supporting operational efficiency for the tech sector. Our accounting and financial services firm provides solutions mapped to the requirements of:
- UAE Commercial Companies Law (Federal Law No. 32 of 2021)
- UAE Corporate Tax Law (Federal Decree-Law No. 47 of 2022)
- VAT Law (Federal Decree-Law No. 8 of 2017)
- Economic Substance Regulations (ESR)
Core Financial Accounting Services
Our professional accounting services in Dubai UAE are structured to ensure full compliance with UAE technology industry regulations, supporting both operational accuracy and financial transparency:
- Monthly bookkeeping with an IFRS-compliant chart of accounts setup
- VAT registration, periodic return filing, and invoice matching (FTA portal integration)
- Corporate tax compliance computation and filing based on UAE tax residency rules
- Monthly financial statements, cash flow analysis, and management reporting
- Bank reconciliation and transaction management with real-time tracking
Remedial Accounting Services
Our accounting company in Dubai offers services designed to recover historical compliance, restore reporting accuracy, and prepare technology businesses for regulatory audits:
- Reconstruction of missing or delayed financial records using advanced accounting software
- Support for late VAT registration and voluntary disclosures to regulatory authorities
- Documentation compilation for FTA audit queries and corporate tax reviews
- Creating and maintaining financial records for previous accounting periods
Advisory and Compliance Services
These consultancy services help tech businesses maintain regulatory alignment while protecting against financial risk and compliance penalties:
- Economic Substance Regulations (ESR) setup via FTA-linked systems
- Ultimate Beneficial Owner (UBO) registration for designated company structures
- Anti-Money Laundering (AML) review for red flags and suspicious transaction reporting in line with UAE Central Bank regulations
Business Setup and Corporate Support Services
In addition to accounting, Oncount supports the full corporate lifecycle in Dubai from company formation to regulatory upkeep, making us one of the best accounting and advisory firms in the region.
- Business registration in free zone jurisdictions (DIFC, ADGM) and major mainland emirates
- Assistance with UAE corporate bank account setup, KYC preparation, and compliance documentation
- Strategic planning for optimal tax and operational structure
Company Formation & Banking
- Trade license renewal reminders and coordination with relevant authorities
- ESR notification registration for economic substance validation
- Ongoing support with corporate tax declarations and VAT compliance notifications
License & Regulatory Maintenance
with an ONCOUNT Accounting Assistant
Legal Accounting Requirements in Dubai: Why Accurate Financial Reporting is Crucial for Tech Companies
All tech companies in Dubai must maintain compliant financial records, regardless of size or legal structure. As per the UAE Commercial Companies Law (Federal Law No. 32 of 2021), records must reflect a true and fair view of financial performance. Services such as structured bookkeeping, tax filing, and financial statement preparation ensure businesses meet these legal obligations consistently and accurately.
UAE accounting must comply with federal laws, administrative penalties, and FTA rules on corporate tax and recordkeeping:
- UAE Corporate Tax Law (Federal Decree-Law No. 47 of 2022)
- Cabinet Decision No. 73 of 2023 (Corporate Tax Executive Regulation)
- FTA recordkeeping and audit guidelines for technology sector compliance
Applicable Laws & Resolutions
Oncount helps reduce fines through timely filings, compliance checks, and accurate financial reporting:
- Failure to maintain proper records may trigger fines of AED 10,000 to AED 50,000 under FTA penalties
- Misclassification under free zone exemptions may invalidate corporate tax benefits
- Our tools include audit readiness checklists, record backup protocols, and deadline monitoring to ensure penalty avoidance
Risk & Penalty Mitigation
Client Integration & Customization
- Embedded accounting support (on-site or remote) for growing tech companies
- Custom dashboards showing KPIs, cash flow forecasts, burn rate analysis, and growth metrics
- Preparation of investor presentations and bank-ready reporting packs for funding rounds
- Streamlined financial processes with tailored solutions for tech industry requirements
Technology Industry Expertise
- Startups and SaaS Companies: Revenue recognition for subscription models, equity accounting, and investor reporting
- E-commerce and Fintech: Payment gateway reconciliation, multi-currency accounting, and regulatory compliance
- IT Services and Consulting: Project-based accounting, resource allocation tracking, and performance metrics
- Software Development: R&D cost capitalization, IP valuation, and international transfer pricing
- Hardware and IoT: Inventory management, supply chain finance, and complex manufacturing accounting
Industry-Specific Accounting Services for Technology Companies
Our accounting services are tailored to the operational and regulatory realities of each tech sector client, with deep insight into specific accounting and compliance demands:
About Oncount: Top Accounting Firm for Tech Companies in Dubai
Oncount is a Dubai-based accounting and advisory services firm specializing in end-to-end financial compliance for technology companies. 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 tech businesses by integrating local regulatory awareness with international accounting rigor.
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 bookkeeping and maintenance of financial records with precise transaction tracking
- VAT filing and corporate tax compliance with expert guidance on complex regulations
- Financial statement preparation and advisory services for business growth
- ESR compliance and UBO management for regulatory authorities
- AML compliance and regulatory reporting to ensure transparency
- Management reporting and complex financial analysis for strategic decision-making
- Structured monthly workflows with cutoff dates and SLA-based delivery
- Communication via Zoom, WhatsApp, and secure email for real-time support
- Custom reporting templates for board meetings, lender reviews, and investor submissions
H3 8+ Years of Local Experience, 320+ Clients Served
Established in 2016, Oncount has served over 320 companies in Dubai UAE, ranging from tech startups to multinational subsidiaries:
- Services delivered in English, Arabic, and Russian to support Dubai's multilingual business community
- Full adherence to FTA guidelines, UAE Cabinet Decisions, and IFRS reporting practices
- Jurisdiction-specific expertise across DIFC, ADGM, and mainland licensing authorities
Clarity Over Routine: Professional Accountants and Consultants in Dubai
with an ONCOUNT Accounting Assistant
Why Choose Us for Accounting Services in UAE
Oncount's systems, personnel, and regulatory knowledge are designed for tech businesses that prioritize both compliance and clarity, making us one of the leading accounting and financial services firms in Dubai.
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 and completeness
- Periodic reconciliation of bank accounts, receivables, and payables balances
- SOPs mapped to FTA and IFRS standards for consistent quality
- Supporting documentation verification and audit trail maintenance
Quality Control Process
Our solutions combine automation with regulatory insight, enabling error-free reporting and full alignment with UAE statutory requirements:
- Use of certified accounting software (Zoho Books, Xero, QuickBooks UAE edition)
- Full implementation of VAT, corporate tax, and ESR compliant workflows
- Accounting system customized to your tech business needs and industry requirements
Legal and Technical Accuracy
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 and international operations
- SLA-based ticket resolution for accounting adjustments and urgent queries
- Instant access to monthly reports and audit documentation via secure cloud portal
Multilingual, Real-Time Support
Outsourcing Accounting Services: The Smart Choice for Dubai Tech Companies
When you handle your accounting activities through outsourcing accounting services to professional accounting firms in Dubai UAE like Oncount, you gain:
If your tech company requires accurate, legally compliant, and fully customized accounting services in Dubai UAE, Oncount offers unmatched regulatory alignment, industry expertise, and responsive client support to meet the evolving needs of all technology businesses in the region.
- Time to focus on core business growth initiatives and technology development
- Cost savings compared to in-house finance teams while maintaining professional standards
- Expert accounting services and strategic financial guidance from industry experts
- Accurate and compliant accounting aligned with UAE regulatory requirements
- Reduced risk of regulatory penalties through proactive compliance management
- Up-to-date financial insights for better business decisions and sustainable growth opportunities
If your tech company requires accurate, legally compliant, and fully customized accounting services in Dubai UAE, Oncount offers unmatched regulatory alignment, industry expertise, and responsive client support to meet the evolving needs of all technology businesses in the region.
Frequently Asked Questions About Accounting Services for Tech Companies in UAE
Outsourcing accounting services allows tech companies to access expert financial management without the cost of building an in-house finance team. Our accounting firm provides specialized knowledge of UAE regulations, advanced accounting software setup, and strategic financial planning. This enables tech companies to focus on innovation and growth while ensuring regulatory compliance and accurate financial reporting.
How can outsourcing accounting services benefit growing tech companies in the UAE?
What documentation is required for FTA audits of tech companies in Dubai?
FTA audits require comprehensive financial records, including general ledger, bank statements, VAT invoices, payroll records, and supporting documentation for all transactions. Our accounting services ensure all required documentation is properly maintained, organized, and audit-ready. We provide ongoing support during FTA audits and help tech companies respond to regulatory inquiries effectively.
Tech companies in Dubai UAE must follow International Financial Reporting Standards (IFRS) for financial statement preparation. Our qualified accountants ensure your financial reporting meets IFRS requirements, including proper revenue recognition for subscription models, equity accounting for employee stock options, and appropriate disclosure of related party transactions.
What financial reporting standards apply to tech companies in Dubai?
Tech companies engaged in relevant activities such as IP holding, distribution, or service center business must demonstrate economic substance in Dubai UAE. Our accounting firm helps tech companies prepare ESR notifications, maintain adequate substance records, and ensure compliance with regulatory authorities. We provide strategic guidance on structuring operations to meet ESR requirements effectively.
How do Economic Substance Regulations (ESR) affect tech companies in Dubai?
SaaS companies in Dubai UAE must register for VAT if their taxable supplies exceed AED 375,000 annually. Digital services provided to UAE customers are subject to 5% VAT. Our accounting services include VAT registration, monthly return filing, and compliance with place of supply rules for digital services, ensuring your SaaS business meets all regulatory requirements.
What are the VAT implications for SaaS companies operating in Dubai?
Tech startups in Dubai must comply with Federal Decree-Law No. 47 of 2022 if their revenue exceeds AED 3 million annually. Our expert accountants help startups track their revenue threshold, prepare for registration when required, and maintain compliant financial records from day one. Early compliance planning ensures smooth transition when your startup reaches the corporate tax threshold.
How do corporate tax compliance requirements affect tech startups in Dubai?
We recommend QuickBooks UAE edition, Xero, or Zoho Books for most tech companies. These platforms offer robust features for subscription billing, multi-currency support, and integration with UAE banking systems. Our accounting firm helps establish the right accounting software based on your specific business requirements, ensuring compliance with UAE regulations while supporting your growth trajectory.
What accounting software do you recommend for tech companies in Dubai?
with an ONCOUNT Accounting Assistant