Accounting for Dubai Science Park (DSP) Companies

You’re building breakthroughs in Dubai Science Park (DSP)—from biotech and med‑tech to clean energy and advanced materials. Meanwhile, your finance stack must run with lab‑grade precision. Sharp Accounting delivers end‑to‑end accounting, meticulous bookkeeping, strategic CFO leadership, and reliable back‑office support tailored to DSP Free Zone businesses. Moreover, we align numbers with your scientific roadmap, your regulatory timelines, and your investors’ expectations. As a result, you gain clarity, speed, and control—without hiring a large in‑house team.

Why DSP companies choose Sharp Accounting

First, we understand science‑driven growth. Secondly, we translate technical milestones into financial plans that lenders and investors trust. Furthermore, our team knows the realities of free zone operations—multiple entities, cross‑border vendors, capex heavy labs, and phased clinical or pilot test budgets. Therefore, we design lean processes that scale as you move from R&D to commercialization.

What you can expect:

• Industry‑fit controls that simplify procurement, inventory, and grant spending.
• Fast monthly close and IFRS‑aligned statements your board can rely on.
• VAT and Corporate Tax compliance managed proactively,not reactively.
• CFO insight on cash runway,funding strategy and pricing models.
• Back‑office help for payroll, vendor onboarding, and document workflows.

End‑to‑End Accounting & Bookkeeping for DSP

We keep your numbers clean, current, and decision‑ready. Additionally, we map your chart of accounts to how a science business actually operates—project codes by study, grant, or pilot; capex vs. opex; consumables vs. reusables; lab allocations vs. corporate overhead. Consequently, your reports tell a story you can act on.

Core bookkeeping scope:

• Daily reconciliations of banks,cards and petty cash.
• Accounts payable intake with 3‑way match (PO,delivery,invoice).
• Accounts receivable with aging controls and automated reminders.
• Fixed assets register,capitalization policy and depreciation schedules.
• Inventory & consumables tracking with periodic counts and write‑off governance.
• Expense management (mileage, per diems, field trials) with clear approval flows.
• Month‑end close within agreed timelines and management reporting by project.

Moreover, we implement cloud tools your team already loves—Xero, QuickBooks Online, or Zoho Books—plus secure document vaults and approval apps. Because accuracy begins at intake, we also train your coordinators on labeling, coding, and submission discipline. In short, we design a neat pipeline from lab bench to ledger.

Virtual CFO Services (often searched as “CF0”) for DSP Startups & Scale‑Ups

Investors back clear plans. Therefore, our Virtual CFO steps in with strategy, structure, and ongoing guidance. Furthermore, we partner with your CEO and scientific leads to build a financial model that mirrors experiments, pilot phases, batch yields, and regulatory pathways.

What our CFO advisory covers:

• Financial modeling & budgeting tied to milestones and hiring plans.
• Cash flow forecasting and runway tracking with scenario analysis.
• Unit economics (batch costs, yield assumptions, and scaling curves).
• Pricing & margin strategy for med‑tech devices, SaaS‑plus‑hardware, or consumables.
• Board packs with KPIs, dashboards, and “what changed” analysis.
• Fundraising support—data room readiness and investor Q&A preparation.
• Grant reporting and cost‑share tracking where applicable.

Additionally, we implement quarterly “plan‑versus‑actuals” reviews so you pivot early, not late. Because timing is everything in science, we coordinate finance milestones with regulatory filings and pilot launches, then we keep everyone aligned.

Back‑Office Support that Scales with Your Lab

While you focus on trials,procurement and partners,we keep the office engine humming.Besides routine tasks,we build repeatable workflows so your team spends less time chasing signatures and more time advancing research.

Back‑office scope:

• Payroll processing with leave, overtime, and allowance mapping.
• Procurement support—vendor onboarding, PO workflows, and spend caps.
• Document control—policies, delegations, and audit‑ready trails.
• Revenue ops—invoicing, collections cadence, and customer statements.
• Treasury—payment runs, cash‑on‑hand visibility, and bank liaison.
• Audit coordination—timetables, PBC lists, and sample retrieval.

Moreover, we create a shared calendar for finance deadlines—VAT returns, corporate tax, audits, renewals—so nothing slips. Consequently, your leadership gains a quiet confidence that everything is under control.

Compliance in the UAE: VAT, Corporate Tax, ESR, and UBO

Regulation evolves; confusion shouldn’t. Therefore, we keep your entity compliant with straightforward tracking, timely filings, and clean evidence. Additionally, we prefer preventive controls over last‑minute fixes.

We handle:

• UAE VAT (5%) registrations, returns, and refund positions.
• Corporate Tax (9%) computations for relevant periods, with IFRS‑based adjustments and tax‑loss continuity tracking where applicable.
• Withholding & cross‑border considerations for royalties, software, and services—supported by documentation trails.
• Economic Substance Regulations(ESR)assessments,notifications and reports.
• Ultimate Beneficial Owner(UBO)registers and maintenance.
• Free zone audit planning and statutory compliance coordination.

Furthermore, we document every position with memos, schedules, and source references, so auditors and stakeholders see a consistent narrative. As a result, you reduce surprises and keep momentum.

Reports Investors Actually Read

Numbers earn trust when they answer “So what?” Accordingly, our packs highlight gross margin by product line, R&D burn vs. plan, cash runway, pipeline‑to‑revenue conversion, and inventory turns. Additionally, we include trend graphs, cohort views, and a concise “1‑page brief” that spells out risks, mitigations, and asks. Therefore, your board meetings move faster, and decisions land sooner.

Secure, Modern Finance Stack

We set up reliable systems with least‑privilege access, strong approvals, and tamper‑evident logs. Moreover, we use automation where it adds control: OCR intake, bank feeds, and rules‑based coding. Yet we keep a human in the loop for judgment calls. Consequently, you gain speed without losing oversight.

About Dubai Science Park (DSP) 

Dubai Science Park(DSP) is a purpose built ecosystem for life sciences,energy, environment and advanced technology companies. Located in Dubai’s innovation corridor,the DSP Free Zone brings research labs, pilot facilities and corporate offices together so teams can move from idea to prototype to market without friction.Moreover,companies benefit from flexible licensing, modern utilities and proximity to universities, hospitals and logistics hubs. As a result, startups and multinationals collaborate in a setting designed for regulated industries that require precision and uptime.

Furthermore,Dubai Science Park (DSP) supports end to end growth. Early stage ventures can secure modular spaces and shared services, while scale ups can expand into larger footprints with compliant infrastructure.In addition, the community hosts events,mentorship and industry roundtables that accelerate knowledge transfer. Because access matters, DSP’s location shortens time to market across the Middle East,Africa and South Asia. Consequently, R&D, manufacturing and commercial teams can coordinate in one city known for connectivity and stability. In short, DSP offers the environment, the peers, and the momentum innovators need to turn research into real‑world impact.

Engagement Options

Different phases require different levels of help. Therefore, we offer:

• Launch Plan: Setup, policies, VAT registration, and your first month of books.
• Operate Plan: Ongoing bookkeeping, monthly close, and management reporting.
• Scale Plan: Virtual CFO, budget cycles, board packs, and fundraising support.

Additionally, each plan can include back‑office support modules—payroll, procurement, and audit coordination—so you only pay for what you need.

How We Start (Fast)

First, we run a discovery call to map goals, deadlines, and risks. Next, we perform a light health check on your current books and systems. Then, we propose a rollout with quick wins and a 90‑day roadmap. Finally, we execute—while keeping leadership informed with short, useful updates. Consequently, you see value in weeks, not quarters.

Ready to Bring Lab‑Grade Discipline to Your Finance?

Innovation can’t wait for messy numbers. Therefore, let Sharp Accounting run your accounting, bookkeeping, CFO, and back‑office engine while you advance science. Contact us for a tailored plan for your Dubai Science Park (DSP) company.