Accounting Services in Dubai for Startup’s (SME’s) 2020
Dubai has been ranked among the top five global cities for Startup’s, according to the latest report by knight frank. Consumer confidence index in Dubai is higher than cities like New York, London, Bangkok, Paris, Tokyo & Milan. To start any business one need resources (financial resources, energy resources, human resources), Infrastructure, Transportation, Buyers and above all secure and safe place. Dubai have all these resources available which makes it the best place for Starting a business.
Despite COVID-19 during the year 2020 the number of new startup’s in Dubai during the first 6 months of 2020 are quite significant; Limited Liability Company (LLC) came first with 12,720 licenses, followed by Sole Establishment (4,231) and Civil Company (3,201). (Source: Gulf News)
Why should you hire a firm that offers accounting services in Dubai?
Today market is very competitive, companies are nowadays under the pressure to outperform to be successful. Therefore, finding good Accountants in Dubai is essential in the present economic environment. Working alongside our clients, we keep you up to date on your company’s progress each day and month. This way you do not have to wait for the year to pass to find out what the profits and standings of your business are.
FinHub Accounting & Bookkeeping Service for Startup’s (SME’s)
Our accounting services for small companies in Dubai include the following.
- Basic Accounting Services: we prepare and maintain all the daily accounts of your business
- Financial Statements: we organize the yearly accounts for the statutory yearly credit
- Cash Forecasting: we analyze the cash needs of the firm and we help forecast future cash needs
- Inventory verification and valuation: we make the inventory and we assess it periodically
- Accounts payable/receivable: we help you make your payments to creditors and receive payments from debtors with the final control belonging to the management.
- Expense processing: we analyze the expenses of the company made each month/quarter/year and we provide an accumulative report.
- E-accounting services: we turn all the paperwork into online accounting software so that you can access it with ease from any location.
