UAE Office
Business Centre, Sharjah Publishing City Free Zone, Sharjah, United Arab Emirates
support@bumr.ae
Ph: +971545687377
PK Office
Office No. 11, Floor 2, Taha Mall, Defense Road, Khawaja Corporation, Adyala Road, Rawalpindi, Pakistan
support@bumr.pk
Ph: +92 331 8227655
UK Office
24 Thorpe Drive, NR17 2HS, Attleborough, GB
support@bumr.uk
Ph: +447411222485

Bookkeeping & Accounting Services

Remote Accounting Solutions is the easiest and most effective way for you to connect with your clients’ and their data.

  • QUICKBOOK

    Helps you manage your cash flow and gets you tax ready

  • MS EXCEL

    Industry leading spreadsheet software & analysis tool.

Overwhelmed with Accounting?

Outsource your Bookkeeping Services for Peace of Mind

Look no further, our full suite of accounting services is the solution for you. Our one plan of software, bookkeeping, and tax services is scalable to fit all businesses needs and budgets, and it will help you achieve tax compliance and avoid penalties.

By outsourcing your accounting with Bumr, you can free up your time and resources, allowing you to focus on what you do best – growing your business. And with better data and financial controls, you’ll have the information you need to make sound business decisions that will help your business thrive. 

Elevating Accounting Outsourcing Services to New Heights

Your Financial Dream Team

Your accounts will be handled by a Dedicated Team of Experts Including:

Skilled Bookkeeper

They are detail-oriented, analytical thinkers who can identify discrepancies, reconcile accounts, and create meaningful reports that help management evaluate the financial health of their organization.

Account manager

We are always looking for ways to add value to your experience with our company. This involves not only ensuring that projects are delivered on-time and within budget but also anticipating potential roadblocks and proactively addressing before they become an issue.

FTA Authorized VAT Agent

As a business owner, you are always looking for ways to streamline operations and cut costs. One area where this is particularly important is in managing your Value Added Tax (VAT) obligations. This is where an FTA Authorized VAT Agent can be invaluable. Such agents are certified by the Federal Tax Authority (FTA) to provide expert guidance on all aspects of VAT compliance, helping you avoid costly mistakes that could lead to penalties or even legal action.

One-Stop-Solution for All Accounting, Audit & Taxation Needs

Whether you own a real estate business, a restaurant, an eCommerce company or simply a day-care, running a business in Dubai takes a village. Businesses, no matter the size and type, do not just have to maintain in-house teams to deal with their day-to-day operations but also make sure that they are compliant with ever-changing rules and regulations relevant to them. For instance, DDA mandates the submission of annual audited financial statement reports within a specific timeframe for all the free zone entities registered under its jurisdiction. Like this, there are tons of other tasks that must be completed and presented way before the deadlines hit. Not to mention ESR, VAT and the newly-introduced Corporate Tax. Plus, dealing with tax matters along with regular routine business might also be daunting. What if you have someone to take care of all your financial tasks so you can focus on the core functions that need you all the time! Working with a full-service accounting & audit company like Adam Global can make your life a whole lot easier.

Audited Financial Report Submission to DDA

All free zone limited liability companies and branch offices that are registered under the jurisdiction of the Dubai Development Authority (DDA) must file their most recent audited financial statements along with a summary sheet to the Authority before the deadline. This year the deadline for DDA report submission has been shifted to 30th November 2022. For timely and accurate audit report submission it is necessary that all the free zone companies maintain audited financial statements. So is not applicable to branches of foreign companies only if their parent companies are including branches’ accounts in the audited financial statements. The eligible entities must maintain their balance sheet, basic legal documents, income statement & trial balance and bank statements for DDA Audit Report preparation.

 

Audit of Financial Accounts

The UAE Commercial Companies Law (CCL) mandates all onshore (or mainland) companies to have their financial reports audited. According to the new UAE CCL, Federal Law No. 32 of 2021, Chapter 2, Article 27, every company registered in the mainland shall have one or more auditors to audit the accounts on a yearly basis, prepare annual financial accounts (including the balance sheet & the profit and loss account) and apply the International Accounting Standards and Practices upon preparing its periodical and annual accounts, to give a clear and accurate idea of profits and losses. All UAE companies should keep their financial records for at least five years. Although free zone-registered entities do not have the obligation to undergo audit or submit the audit report to the respective authority, they still should maintain the books of accounts. There are some forms of entities registered under free zone jurisdictions including FZCO & FZE that have to deal with a mandatory audit of accounts. For instance, IFZA free zone and RAKEZ free zone currently do not require companies to submit annual audited accounts. Whereas DMCC free zone, Dubai South free zone and some others, require all companies to file audited reports annually. Usually, companies need to submit their audited accounts within 90 days of the company’s year-end.

ESR Notification & Report Filing

Any UAE company (onshore, offshore or free zone) that falls within the scope of the ESR must report to the regulatory authority within 12 months of its financial year whether it has engaged in any Relevant Activity (and whether it has generated income from that activity). Entities are exempt from reporting if they do not earn income from a Relevant Activity or meet the conditions for exemption. However, the notification form must be submitted if they have income from a Relevant Activity. The licencees must file two separate reports - ESR Notification and ESR report - each year within the deadline, which can vary from business to business depending on the chosen financial year. Failure to do so will lead to hefty fines anywhere between AED 20k - AED 50k which can severely hurt your company's reputation and put a dent in your bank account; therefore, you must file ESR Notifications on or before time. The deadline for ESR varies from company to company depending on the financial year chosen.

Corporate Tax Preparation

June 2023 onwards, companies have to pay corporate tax in the UAE as well, like most companies worldwide. And if there is the right time to prepare for the same, it is now. Why because why not? Every tax legislation gives enough space for rebates, deductions and exemptions. So far, any foreign taxes levied on an income shall be deducted for the purpose of corporate tax. By girding up before time you will have ample time to check if accumulated losses of a year are allowed to offset future taxable profits. Plus, Tax Grouping and re-organisation can be attempted and intra-group transactions or losses incurred by you shall be dispensed with. To put it simple, by getting tax-ready before filing deadlines you may be in a position to plan your finances and save tax in a legit way.

Anti-Money Laundering (AML) Compliance

The Anti-Money Laundering Law in UAE requires the Financial Institutions (FIs) and Designated Non-Financial Businesses and Professions (DNFBPs) to establish a comprehensive AML/CFT Program including AML Policy for KYC, Screening, Risk Profiling, Governance, STR Filing, and more. The AML Compliance Officer must ensure that the provisions of the UAE AML Law are adhered to. The different types of DNFBPs in UAE are auditors & accountants, dealers in jewellery, gems, precious metals & stones, lawyers, notaries & other legal professionals & practitioners, real estate agents & brokers, company & trust service providers and any other DNFBPs, as may be notified by the Government.

Trade License renewal

All the compliance requirements including AML, ESR, UBO and accounting & audited financials must be met to remain functional. And trade license renewal is no exception. You know, you can’t do business on an expired license or permit. You also know that your trade license comes with just 1-year validity. It only makes sense to process the request for the license renewal at least 1 month before the due date if you don’t want any interruption in your business functioning.

Affordable Pricing for all businesses

Accounting outsourcing plans for all businesses

StarterPro

Get your business off the ground smoothly, save time, and ensure compliance with our tailored service bundle.

AED 2000 Per Month
  • Quickbooks Pro Online
  • Bookkeeping & data entry
  • Dedicated bookkeeper
  • Financial statements
Order Now
GrowthPlus

Achieve your growth objectives, unlock your business’s value, and ensure compliance along the way.

AED 2500 Per Month
  • Quickbooks Pro Online
  • Bookkeeping & data entry
  • Dedicated bookkeeper
  • Dedicated account manager
  • Corporate tax filing
  • Financial statements
  • Review meetings (Quartlery)
Order Now
ValueMax

Experience the comprehensive support & strategic partnership you need, to take your business to the next level.

AED 4000 Per Month
  • Quickbooks Pro Online
  • Bookkeeping & data entry
  • Dedicated bookkeeper
  • Dedicated account manager
  • Corporate tax filing
  • Tax Agent appointment
  • Management report
  • Review meetings (Monthly)
  • Performance review
  • Budgeting & forecast
  • KPIs & ratios analysis
Order Now

We believe that our works can contribute to a better world.

Identify and Prioritize

We start with tasks that require little training but take up a lot of time. This gives us keen insights into what your business may need. From here, we progress to the more complex tasks, to develop a cohesive understanding of your business’ needs.

Train

Once we understand all the tasks, we continuously train all new virtual team members through the Noon Dalton University.

Manage

Our project managers constantly monitor performance and provide daily, weekly, and monthly KPI reports.

Why should I outsource my accounting functions in Dubai, UAE?

By outsourcing your mandatory business operations to experts with up-to-date knowledge of laws and regulations surrounding accounts maintenance and expertise in the field of financial management, business planning, due diligence, feasibility reports, and tax consultancy, you can sit back and focus on things that need you. All these aspects are essential for achieving the strategic business goals of an organization and fulfilling the accounting and bookkeeping needs of the business Plus, you can save your valuable resources such as time, money and energy by delegating the tasks to external agencies. Let’s have quick glance at the perks of outsourcing accounting functions to expert accountants and auditors in Dubai:

 
  • Reduced operational cost and expenses
  • Compliance with relevant UAE laws
  • Increase quality and productivity
  • Work done by experts before time
  • Free expert advisory if required
  • No need to spend on expensive tools and software
  • Diversity of functions offered by audit companies in Dubai, UAE
  • Unbiased evaluation of an outsourced professional
  • Data confidentiality maintained
  • Benchmarks development
  • Reliable, accurate, and timely financial information at your fingertips
  • Systematic recording and updating accounts and business transactions
  • Availability of financial reports to foster informed decision-making
  • By passing the buck to our Dubai audit experts at Adam Global, you can focus on what you do the best – running your business

Why BUMR Accounting Services?

All types of Accounting under one roof

We are a one-stop-shop for all your accounting & bookkeeping needs, no matter what accounting type you are interested in. From Financial Accounting, Cost Accounting, Managerial Accounting, Cost Accounting, and Tax Accounting to Credit Accounting.

A broad array of services in the domain

We provide a diverse array of outsourced financial advisory & accounting services to organisations at every stage of their lifecycle. From Accounting Services, Bookkeeping Services, Year-end Accounting, CFO Services, Petty Cash Accounting, Bank Reconciliation, and Management Reporting to Payroll Assistance and even Corporate Secretarial functions.

Cost-effective accounting services in the UAE

We have highly affordable website maintenance and support packages to cater to all sizes of businesses. Our support and maintenance team will be available round the clock at your service throughout the year. Each project is assigned to a particular manager who will be coordinating your suggestions and requirements. We ensure the satisfaction of our clients by providing high-level security for the websites developed and prevent attacks from external agents. We also offer an annual maintenance package that would be a percentage of the total development fee.

Expert brains & detail-oriented eyes without spending a fortune

The work is done by a team of experienced accountants with the most sedulous care at the fraction of the money forked out on maintaining a full-time employee or an accounts department.

How do you choose the ideal technology for my project?

The ideal technology for your web development project depends on your objectives, business verticals, design features, additional elements required, and so on. The team in our web development agency would discuss the plethora of options available and inculcate your views before determining the web technology to be used.

Only after exhaustive internal deliberations, the ideal technology would be confirmed and proposed to you. Each web development technology has its pros and cons. Choosing the right website development platform is one of the first steps we take. The final choice we take would ultimately be the right one that reflects the nature of your business and usage

Confidentiality maintained

With Bumr accounting services in Dubai, UAE, your confidential data is safe and secure.

Flexibility and saving time

We are flexible, whether you want our team to visit your office periodically (maybe fortnightly, or monthly basis) to work on your books of accounts or to complete the accounting work remotely.

Access to the industry's best tools

Outsourcing your bookkeeping operations to Bumr Accounting services in the UAE means you have access to the latest accounting & bookkeeping software in the industry, which further saves your money. (Hello quality and goodbye delays!). The use of top accounting systems allows nightly backups and keeps organised records and books for years, preparing you for audits at any time of the year

Better chances and scope of scalability

Depending on the amount of accounting work every month, you can amend the tasks assigned to us, which simply means you can save on service charges you pay to us, which is not possible in the case of in-house staff.

Unbeknownst to you, accounting & bookkeeping discrepancies can lead you to somewhere you can’t come back from without significantly losing your valuable resources such as time, money, energy and reputation. Therefore, it is of utmost importance that your business’s accounting & bookkeeping functions are accomplished by the experts in the field only.

What make the difference?

Let’s talk.

Have more clarity on how our Bumr accounting experts in the UAE can help you by scheduling a free consultancy with us. The coffee is on us!