MONTHLY ACCOUNTING AND VAT FILING SERVICES
By using Rethink for monthly accounting and reporting services in Dubai, you gain both operational efficiency and business advisory capabilities that can help you grow your business to the next level.
Benefits:
- Ensuring your system, account treatment, accounting schedules, reporting, and VAT coding and Treatment are set up correctly on day 1.
- Cost savings vs. hiring of accountant at time of start up
- Cost savings as you grow, ability to bring on junior level resource, with Rethink providing senior level support
- Sharing of petty cash and other trackers that you won’t have to build yourself
- Rethink team in support during each level of growth, to help answer questions from accounting to budgeting to valuations and raising of capital
How it works:
- Rethink senior staff member will meet with you or talk over the phone to evaluate your business needs and complexity from an accounting, VAT, HR, and systems point of view
- Rethink team will provide a proposal based on your inputs
- Once accepted, Rethink will set up systems, do VAT analysis of transactions, set up folder to communicate transactions to us on a monthly basis (can be more often)
- Rethink will perform accounting and financial reporting function at month end and will communicate with you to identify any issues or ask questions around transactions
- Rethink will take care of your quarterly VAT returns, include submission and highlighting of any issues
- A senior member of Rethink staff will be following your progress and will be available to discuss more strategic requirements and questions you may have as you grow
Pricing:
Below are indicative pricing rates for startup and small companies. These rates may change with complexity, volume, or reporting requirements.
For indicative pricing, please see the below table:
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Micro Less than 30 transactions / month
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AED975
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Small Less than 60 transactions / month
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AED1,475
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Medium 100 transactions / month
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AED2100
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Large Less than 150 transactions / month
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AED2700
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Lets Talk Over 150 transactions / month
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+971 4 294 9203
System set up, will incur a one time set up fee of AED 1,500-500 for basic systems such as Xero, Quickbooks, Zoho Books, First Bit, Sage.
Please make an enquiry to find out more and speak to a senior member of our team.
