Accounting for Dubai Maritime City (DMC) Companies

You manage hulls, yards, crews, and contracts; we keep the numbers seaworthy. Sharp Accounting provides end-to-end accounting, precise bookkeeping, hands on CFO support, and reliable back office services for companies based in Dubai Maritime City (DMC). Because your projects stretch from dry-dock refits to offshore logistics, you need clean data, fast closes, and decisions that protect margin. We deliver all three—consistently, clearly, and on schedule.

Why DMC Operators Choose Sharp Accounting

Marine work never waits. Therefore, your finance operations must keep pace with technical teams, yard windows, and client deadlines. We build lean workflows that fit Dubai Maritime City (DMC) realities—job-costing for vessels, milestone invoicing, complex procurement, multi-currency payments, and crew rotations. Moreover, we integrate cloud tools and automate reconciliations so your leaders see the right numbers sooner. As a result, you negotiate better, plan earlier, and protect cash without slowing operations.

Monthly Accounting & Bookkeeping That Matches Yard Speed

We record transactions daily, reconcile banks and PSPs, and publish management accounts on a firm close calendar. Additionally, we attach concise commentary that explains what moved margin, where costs crept, and how to correct course next month.

What we handle:

• General ledger upkeep and multi currency bank or credit card reconciliations
• Month end close with accruals,deferrals,work in progress and project schedules
• Management accounts(P&L, balance sheet,cash flow) with variance analysis and next-step actions

AP/AR & Back-Office Precision (Where Cash Flow Hides)

Because the “middle office” decides whether cash speeds up or stalls, we run AP/AR with maker–checker control and documentary discipline. Consequently, suppliers get paid on time, customers pay faster, and audits pass without drama.

Scope we cover:

• Accounts Payable: vendor onboarding,three-way match (PO or GRN orInvoice),payment runs
• Accounts Receivable: milestone invoicing,retention management,DSO tracking,collections cadence
• Document control, SOPs, approval hierarchies, and audit trails aligned to DMC requirements

VAT, Corporate Tax & ESR — Right First Time, Every Time

Compliance should feel routine rather than risky. Therefore, we code transactions correctly, attach export evidence, and file on schedule. Furthermore, we prepare UAE Corporate Tax computations that reflect marine reality: WIP valuation, consumables, charter income, demurrage, and financing costs.

What’s included:

• Dubai Maritime City VAT filing (FTA registration, coding, returns, input/output reconciliations)
• Dubai Maritime City corporate tax scoping, adjustments, returns, and schedules
• ESR notifications/reports and UBO registers with tidy evidence packs

Payroll, WPS & Rotations — No Surprises on Payday

Crews, technicians, and project managers keep vessels on timeline. We run payroll calendars, allowances, benefits, and gratuity precisely; we also submit WPS on time and maintain inspection-ready records. Additionally, we manage overtime rules, shift patterns, shore-leave, and rotation schedules common across DMC yards and offshore service providers.

Accounting service for Dubai Maritime City (DMC) Companies

Dubai Maritime City (DMC) anchors a specialized ecosystem for ship repair,marine services,yacht support, and offshore logistics on a peninsula between Port Rashid and Dubai Creek.Strategically located near major shipping lanes and urban corridors,the district offers heavy duty infrastructure dry docks,workshops,lifting equipment and shore services alongside modern offices and training facilities.Consequently, marine businesses compress timelines, access skilled labor, and coordinate suppliers in one place. Moreover, business setup runs efficiently, licensing covers diverse marine and support activities, and utility networks keep projects moving during peak seasons. Because predictability matters, DMC connects operators with ports, customs, and logistics partners through proven workflows.

However, speed without financial discipline erodes margin. Therefore, Sharp Accounting pairs Dubai Maritime City accounting discipline with your operational rhythm. We configure charts of accounts that capture job-costing, dock time, and consumables; we set VAT treatments correctly for local supplies, GCC trade, and exports; and we bake in maker–checker approvals that stand up to audits. Additionally, our dashboards highlight work-in-progress, unit economics, and the cash conversion cycle, so leaders act early rather than late. Ultimately, combining DMC infrastructure with our Dubai Maritime City bookkeeping, Dubai Maritime City CFO services, and back office support DMC gives your company a durable, compliant finance engine that supports growth.

Fractional CFO & FP&A — From Signals to Strategy

Reports describe the past; CFO support shapes the next tender. We sit with your leadership, build rolling forecasts, and pressure-test scenarios: yard capacity, steel prices, FX swings, supplier credit tightening, and spare-parts lead times. Because visibility wins negotiations, we give you dashboards that reveal true unit economics.

CFO focus areas:

• Vessel/job profitability; landed cost models for spares and consumables
• Project cash curves, milestone risk, and cash conversion cycle
• FX exposure and hedging views; covenant tracking; board-ready KPIs
• Pricing, discount control, and capacity planning for peaks and refits

Systems, Cloud & ERP — Smooth Migrations Without Downtime

Switching platforms shouldn’t delay a single launch. We migrate historical data, standardize your chart of accounts, and train teams using practical playbooks. Moreover, we connect banks, PSPs, warehouse systems, maintenance software (CMMS), and procurement tools so reconciliations stop being firefights.

Supported stack: Xero,QuickBooks,Zoho Books;plus ERP migration Dubai Maritime City,CMMS/WMS connectors, bank feeds and custom reports that mirror operational statements.

Built for Dubai Maritime City (DMC): Ship Repair, Marine Services & Offshore Support

Operating in DMC blends precision, safety, and speed. Accordingly, we tailor controls and reports to how you bid, build, and deliver:

• Map place-of-supply for UAE/GCC/exports and attach documentary proof
• TTrack job-costing by vessel: labor hours, subcontractors, spares, blasting or painting, dock time
• Reconcile port/ yard/ 3PL statements against GRNs, manifests, and supplier invoices
• Align intercompany charges and transfer-pricing docs for fleet or group structures
• Report FX revaluation impacts, aged inventory risks, and warranty reserves in one view

Marine-Specific Know-How You Can Use Today

Ship Repair & Refit
We set up work orders with phases and cost codes (structural, mechanical, electrical, interior). Then we track labor, subcontracting, consumables, and crane/dock charges. Consequently, you see the real margin per phase and act early when slippage appears.

Marine Equipment & Chandlery
We manage item masters, batch/serial tracking, reorder points, and supplier rebates. Therefore, Dubai Maritime City bookkeeping reflects true on-hand value and prevents stockouts during critical jobs.

Offshore Logistics & Marine Ops
We model route economics, fuel surcharges, standby costs, and weather delays. Moreover, we reconcile charter invoices with AIS/operations data, so disputes shrink and collections accelerate.

Yacht Services & Interiors
We handle milestone billing, variations, and client allowances with photographic evidence packs. As a result, change orders remain billable and margins stay intact.

Our Straightforward Way of Working

1. Discover — goals, scope, close calendar, stakeholders
2. Diagnose — books health check, gaps, and quick wins
3. Onboard — SOPs, roles, dashboards, and automations
4. Run — weekly ops, monthly close, quarterly strategy reviews
5. Scale — controls, scenarios, lender/investor packs, and bid support

What You Receive Every Month

• Clean books, on-time Dubai Maritime City VAT filing/Corporate Tax support, and audit-ready folders
• Cash-flow view, budget vs. actuals, vessel/job margins, and crisp commentary
• Faster collections, controlled spend, and fewer end-of-month surprises

Conversion-Focused Deliverables You Can Expect

• Close calendar & SLA so departments know exactly when numbers land
• Board pack with KPIs: revenue, gross margin, WIP ageing, inventory turns, and aged debt
• Working-capital tracker showing drivers and blockers across AP/AR and project cash curves
• Tax file pack with reconciliations and supporting evidence
• Playbooks for AP, AR, and month-end so continuity survives rotations and hiring cycles

Let’s Build Your Finance Engine in Dubai Maritime City

If you want books that reflect reality, controls that protect margin, and dashboards that change decisions, we’re ready. Contact Sharp Accounting for a tailored plan, a live dashboard sample, and a precise timeline—purpose-built for Dubai Maritime City (DMC) companies.