- 05 OctDocuments received by WhatsAppDone
- 09 OctSales and purchases recordedDone
- 12 OctBank reconciliationDone
- 14 OctSupplier statements matchedDone
- 18 OctVAT 201 workings preparedDone
- 20 OctDashboard and P&L deliveredDone
Accounting · VAT · Corporate Tax · UAE
Your accounts department, without the hiring cost.
We keep the books, VAT and Corporate Tax records for new and small UAE businesses, and put a clear monthly report on your desk. One fixed fee, from AED 750 a month.
Why outsource
Most new companies need the output of an accounts team, not the overhead of one.
Every UAE company must keep proper records, file Corporate Tax and register for VAT once it crosses the threshold. Doing that in-house is expensive before you have the volume to justify it.
Hiring a full-time accountant
- Monthly salary plus visa, medical insurance, gratuity and leave salary
- Recruitment time and the risk of a wrong hire
- One person's knowledge, with no cover during leave or resignation
- Desk, computer and accounting software to pay for
Precision Project on a monthly package
- One fixed monthly fee, no employment costs
- Start within two weeks, stop with 30 days' notice
- A named accountant plus a backup on your file
- Owner-friendly reports, not just ledgers
What's changing
Two rule changes small businesses can't afford to miss.
New VAT rules took effect on 1 October 2026, and e-invoicing becomes mandatory in 2027. Both mean more work and new penalties for owners doing their own accounts.
New VAT rules
- Cash payments: VAT on purchases above a set value paid in cash can no longer be claimed back. The threshold will be published by the Ministry of Finance.
- New treatment for bundled supplies, employee accommodation costs and tax credit notes.
- A new input VAT apportionment method from the first tax year starting after 1 October 2027.
- Refunds of excess input VAT are limited to five years from the end of the tax period.
We apply every change to your books, so you keep the VAT you're entitled to.
Mandatory e-invoicing
- Business-to-business and business-to-government invoices go through the FTA's e-invoicing system via an Accredited Service Provider.
- Every e-invoice needs 51 mandatory fields.
- Sales to consumers are excluded for now.
We get you ready: provider selection, data clean-up, invoice set-up and testing.
Services
The full finance back office, from daily records to year-end tax.
Bookkeeping
Records & ledgers
Every sales and purchase invoice, receipt and expense recorded. Purchase and sales registers, petty cash and daily cash trackers.
Reconciliation
Bank & statements
Bank reconciliation, supplier and customer statement matching, POS and card settlements, receivable and payable aging.
Reporting
Monthly MIS dashboard
One-page KPIs, profit and loss, balance sheet, cash flow, and budget against actual with plain-English commentary.
VAT
UAE VAT
VAT registration, VAT 201 return preparation and filing support, input and output schedules, tax invoice checks.
Corporate Tax
UAE Corporate Tax
CT registration, taxable income computation, Small Business Relief assessment, return preparation and filing support.
Payroll
Payroll & WPS
Monthly salary sheets, WPS files, overtime, gratuity, leave salary and final settlement calculations.
Compliance
Letters & KYC
Bank KYC document packs, letters to banks, free zones and authorities, UBO register, licence renewal reminders.
Audit support
Audit & ICV
Schedules and supporting documents for your external auditor, and preparation for ICV certification.
Advisory
Planning & costing
Cash flow forecasts, product and menu costing, break-even analysis, business plans and bank loan files.
Packages
Fixed monthly fees, sized to your business.
A transaction is one invoice, bill, receipt or bank entry. All prices in AED, plus 5% VAT.
Starter
New companies, not yet VAT-registered. Up to 75 transactions a month.
- Bookkeeping and ledgers
- Bank reconciliation
- Monthly profit and loss
- Corporate Tax-ready records
- VAT threshold monitoring
- Quarterly balance sheet and cash flow
- Quarterly review call
Growth
VAT-registered and trading actively. Up to 200 transactions a month.
- Everything in Starter, plus
- VAT return preparation and filing support
- Supplier and customer reconciliations
- Monthly MIS dashboard
- Payroll and WPS, up to 10 staff
- Monthly balance sheet and cash flow
- Monthly review call
Business
Established, with staff and stock. Up to 450 transactions a month.
- Everything in Growth, plus
- Payroll and WPS, up to 25 staff
- Budget against actual
- Cash flow forecast
- Annual Corporate Tax return preparation included
Free Corporate Tax registration with any annual plan. If your volume stays above your package for two months running, we agree the move to the next package with you before the fee changes.
| Service | Fee, AED |
|---|---|
| Corporate Tax registration | 500 |
| VAT registration | 750 |
| VAT health check against the October 2026 rules | 750 |
| E-invoicing readiness: provider selection, data clean-up, invoice set-up, testing | from 1,500 |
| Corporate Tax return preparation | 1,500 – 3,000 |
| Backlog clean-up, per month of backlog | 400 |
| Bank account opening or KYC document pack | 750 |
| Gratuity or final settlement calculation | 150 |
| Audit support schedules | from 1,500 |
| Business plan or feasibility study | from 2,500 |
| ICV certification support | from 3,000 |
How it works
The same four dates, every month.
You send documents as photos or PDFs. We return finished books and reports on a fixed calendar.
5thof the month
You send documents
Last month's invoices, receipts and bank statement, by email or WhatsApp.
15thof the month
Books closed
Bookkeeping and reconciliations done. Any questions come to you in one list.
20thof the month
Reports delivered
Your dashboard, profit and loss and outstanding balances, with a short review call.
28thin VAT months
VAT return ready
Workings and schedules ready for you to file through EmaraTax before the FTA deadline.
Getting started takes two weeks
- Free consultation and package recommendation
- Engagement letter signed, first month invoiced
- You share your licence, bank statements and existing records
- We set up your accounts and clear any backlog
Client story
A busy restaurant in Abu Dhabi.
Invoices sat in folders, supplier balances were unclear, and the quarterly VAT return was always prepared in a rush.
Now the owner sees the month on one page, supplier disputes are settled with a clear statement, and VAT comes straight from records that are already reconciled.
What we put in place
- 01A monthly dashboard: sales by type, purchases by category, cash in hand and supplier balances on one page.
- 02Supplier statement reconciliations with invoice-by-invoice payment matching and aging.
- 03An invoice approval sheet and a daily cash in and out tracker for the outlet team.
- 04Quarterly VAT returns prepared directly from the monthly dashboards.
Sample reports are available on request.
Why Precision Project
Big-firm reporting at small-business prices.
Fixed fees
No hourly billing. You know the cost before the month starts.
A team on your file
A named accountant with a backup, so work never stops for leave.
Fast answers
Reports by the 20th. Questions answered within one working day.
Reports owners read
A one-page dashboard you can take in over a coffee, with the ledgers behind it.
Trading experience
Our team also runs procurement and trading, so we understand suppliers, credit terms and cash flow.
Confidential
Your records are used only for your work and never shared.
Questions
Before you call.
Does e-invoicing apply to my business?
If you invoice other businesses or government entities, very likely yes. Businesses with revenue under AED 50 million must appoint an Accredited Service Provider by 31 March 2027 and go live on 1 July 2027. Sales to consumers are excluded for now. We can check your position and handle the set-up.
What changed in VAT on 1 October 2026?
The VAT Executive Regulation was amended. The change most owners will feel is that VAT on purchases above a set value paid in cash can no longer be recovered. There are also new rules for bundled supplies, employee accommodation and credit notes. Our VAT health check reviews your business against all of them.
Do you file my VAT and Corporate Tax returns?
We prepare the full return with supporting schedules and sit with you while it is filed through your own EmaraTax account. You approve every return before it goes in. Formal representation before the FTA as a registered tax agent is outside our scope; we can coordinate with one if you need it.
Can you work with photos of invoices on WhatsApp?
Yes. Clear photos and PDFs are fine. Most clients send the month's documents in one batch by the 5th.
My books are behind. Can you catch them up?
Yes. We bring past months up to date at AED 400 per month of backlog, then move you onto a monthly package.
Do I need to buy accounting software?
No. We can run your books on our own templates, or work in Zoho Books or Tally if you already use them.
Do you work with mainland and free zone companies?
Yes, we support businesses across the UAE, whatever their licence type or emirate.
Can I cancel?
Monthly plans continue month to month and end with 30 days' written notice. Annual plans run for 12 months.
Department 02 · Engineering
Engineering Consultation & Inspection
A separate technical department serving oil & gas, energy and industrial clients. We check equipment before it ships, before it is installed and after it is repaired, and we put the paperwork in order.
Quoted per job, per visit or per man-day. Send your scope, specification or purchase order and we will reply with an inspection plan and quotation.
Third-party inspection
Vendor & pre-shipment
Visual, dimensional and documentation checks at the supplier's works before goods are released or shipped.
Witness
Test witnessing
Attendance at factory acceptance, hydrostatic, pressure and performance tests, with a signed witness report.
Equipment
Valves & rotating equipment
Inspection of valves, pumps, motors and gearboxes, including condition checks after refurbishment or repair.
QA/QC
Inspection & test plans
Preparation and review of ITPs, checklists and quality control procedures matched to the purchase specification.
Documentation
Data books & dossiers
Compilation of manufacturer data reports, material certificates, test records and final documentation packages.
Consultation
Technical support
Technical review of datasheets and offers, supplier evaluation, and sourcing of equivalent or alternative equipment.
You send the scope, specification or PO.
We agree the inspection plan, dates and quotation.
Our inspector attends the works or site.
You receive a report with findings and photographs.
Contact
Talk to the right department.
Book a free 30-minute accounting consultation, or send us an engineering or inspection scope for a quotation.
RAKEZ, Al Hamra Industrial Zone, Ras Al Khaimah, UAE
09:00 – 18:00 UAE time