Free Zone Accounting

Growing a company inside a UAE free zone should feel simple. With Sharp Accounting, it does. We deliver precise accounting & bookkeeping for Dubai, Ajman, and Sharjah free zone entities—so you stay compliant, audit-ready, and focused on revenue. From DMCC to IFZA, from Ajman Free Zone (AFZ) to SAIF Zone/Hamriyah, our local specialists tailor reports to each authority’s rules and to your board’s expectations. 

Why Choose Sharp Accounting for UAE Free Zones

You want numbers you can trust—and you need a partner who knows each zone’s nuances. We map your licence, activities, and reporting cycle to a clean, cloud-first workflow that scales.

• Local expertise, free-zone fluency: We understand regulations in DMCC, JAFZA, DAFZ, Dubai South, IFZA, Meydan, AFZ, SAIF, HFZA, Shams and SPC Free Zone requirements.
• Audit—ready every month: We reconcile, evidence, and label documents properly, not just at year—end.
• Clear — communication: You’ll get plain—English explanations, deadlines, and next steps—no jargon.
• Board—level insight: We connect KPIs, cash flow and tax into one story you can act on. 

Monthly Bookkeeping & Real-Time Management Reports for Free Zones

We close your month on time—every time. Then we turn raw data into decision—ready insights.

• Daily/weekly — posting: Sales, purchases, expenses, bank— feeds, and petty — cash.
• Monthly close: Accruals, prepayments, fixed— assets, and intercompany journals.
• Dashboards & packs: P&L, balance — sheet, cash — flow, margins by product/customer, ageing — reports.
• Industry add—ons: Stock, projects, job costing, and WIP tracking.

VAT Registration, Filing & Health Checks for Free Zones in Dubai, Ajman, Sharjah

Because free zones mix designated and non-designated areas, VAT gets tricky fast. We keep it clean.

• VAT registration and group structures.
• Returns & payments filed on time with proper zero—rating and reverse — charge treatment.
• Health checks: We sample invoices, test place—of—supply, and fix risky coding before an FTA query.
• Training: Practical — VAT do’s and don’ts for your team.

UAE Corporate Tax (9%): Registration, Returns & Advisory

Free — zone companies can access qualifying — income relief when they meet substance and also transaction conditions. We design a structure that fits—legally and commercially.

• Corporate Tax registration and E-filing setup.
• Qualifying Free Zone Person assessment and documentation.
• Transfer pricing light—touch frameworks and intercompany policies.
• Quarterly tax reviews to avoid year—end surprises.

Audit Support & Year—End Financial Statements

Annual audit coming up for DMCC, JAFZA, SAIF or HFZA? We make it painless.

• IFRS-compliant financial statements and notes.
• Lead schedules and audit evidence packaged for your approved auditor.
• Liaison & queries: We answer PBC lists, so your team stays focused on ops.
• Post—audit tidy—up: We update the ledger and carry opening balances cleanly.

Payroll, WPS & End—of—Service Benefits (EOSB)

People power growth. We protect that trust with accurate, on-time payroll—fully WPS compliant.

• Monthly payroll, allowances—  overtime and leave.
• WPS files prepared and tested —with variance checks.
• EOSB provisioning and settlements aligned to UAE — Labour Law.
• Payslips & compliance — delivered — securely.

Compliance — Essentials: ESR, UBO & Economic Registrations

Governance — lives in the details. We keep Economic Substance (ESR), UBO, and registry obligations on track.

• ESR notifications & reports with activity mapping.
• UBO — register updates & evidence files.
• Company registry renewals and data hygiene.
• Deadline calendar so nothing slips. 

Accounts Setup: Chart of Accounts, Cloud Software & Integrations

Start right and everything downstream runs faster.

• Chart of Accounts tailored to trading, services, manufacturing, or holding entities.
• Cloud stack: Xero, QuickBooks Online, Zoho Books—plus OCR, expense and also invoice tools.
• Integrations: e—commerce, POS, payment gateways, bank — feeds (AED/USD).
• Controls: Approval workflows and access rights that pass audit.

Catch-Up & Clean-Up Projects (Backlog Bookkeeping)

Behind on books? We love a challenge—and we finish fast.

• Forensic clean-up of mismatched VAT, suspense accounts, and unreconciled banks.
• Historical management accounts recreated for investors or licence renewal.
• FTA-proof VAT rework with corrected returns where required.

CFO-on-Demand: Budgets, Cash Flow & Board Packs for Free Zones in Dubai, Ajman, Sharjah

You don’t need a full-time CFO to get board-grade clarity. You need the right cadence.

• Budgeting & re—forecasting tied to sales pipelines and headcount.
• Cash — flow modelling, covenant tracking, and runway analysis.
• Board packs with trend charts, commentary, and action lists.
• Pricing & margin deep—dives that move the needle.

Accounting for Startups & SMEs for Free Zones in Dubai, Ajman, Sharjah

Move fast, but measure well. We build lightweight processes that grow with you.

• Founders’ toolkit: invoice templates, expenses app, simple approval rules.
• Funding-ready accounts for angel/VC due diligence.
• Unit economics by product or channel—clear, comparable, and current.
• Quarterly health checks to keep compliance spotless.

Accounting System Migrations (Excel → Cloud, Legacy → Modern)

Outgrown spreadsheets? We migrate without losing history.

• Data mapping & cleansing, opening balances, and document links.
• Parallel run, then a clean cut-over at month-end.
• Team training so adoption sticks.
• Post-go-live support for the first two closes.

Bank Reconciliation & Multi-Currency Management

Banks in multiple currencies? We make FX simple and auditable.

• Daily feeds and auto-match rules for speed.
• FX revaluation (AED, USD, EUR, GBP) at month-end.
• Intercompany and merchant gateway reconciliations.
• Treasury view: working capital and collections tracking.

Inventory, Costing & Project Accounting

Product or project—either way, margins matter.

• Inventory methods: FIFO/weighted average, landed—cost allocations and stock — variance controls.
• Project accounting: budgets vs actuals, time— materials and WIP.
• SKU & BOM analytics for pricing — decisions.

Tax Review Before Audit: Risk, Controls & Process Improvements

We stress—test your numbers before the auditor does.

• Pre-audit tax —  review: VAT, Corporate Tax and withholding touchpoints.
• Controls check: approvals, vendor master and document trail.
• Process upgrades: fewer manual steps, tighter — evidence, faster close.
• Action plan with priority — fixes and owners.

Ready to simplify compliance and see your numbers clearly?

Book a free consultation with Sharp Accounting for free — zone companies in Dubai, Ajman, and Sharjah. We’ll map your activities, show you a clean monthly workflow and also deliver a fixed—fee proposal that fits your goals.