"The process was smooth and fully transparent, thanks Benjamin for your help"
Manage your Accounting & Taxes in Dubai
Starting from $999/year
Manage your Dubai accounting and taxes online, with real-time visibility and expert support when you need it.
In the UAE, accounting is mandatory for your business.
Every year, you must submit a financial statement, and pay taxes if your business is eligible.
According to Federal Decree Law on Commercial Companies in UAE
Submit Financial Statements Annually
Dubai regulations require an Annual Financial Statement to be filed every year. Monola takes care of the preparation and compliance on your behalf.
9% Corporate Tax
Profit over 375k AED
UAE businesses must register for Corporate Tax. Once you pass 375k AED in taxable profit, you must pay a 9% tax and file the Corporate Tax return.
5% VAT Tax
Revenue over 375k AED
VAT registration is mandatory once you pass 375k AED in taxable revenue. You must add 5% on your invoices and file the Vat TAX return every trimester.
0% tax doesn’t mean no accounting
You must maintain proper books of accounts and register for taxes depending on your revenue.
Annual Accounting Compliance
Every UAE Business
Required every year:
Financial statements
Balance Sheet
Income Statement
Cash Flow Statement
Equity Statement
Business with revenue over 375k AED
Required every year:
Register for the VAT Tax
File the VAT Tax return
Add 5% on your invoices
9%
Corporate Tax
Business with profit over 375k AED*
Required every year:
Register for the Corporate Tax
File the Corporate Tax return
Pay 9% on profits over 375K AED
*With a revenue under 3M AED, you may apply to the Small Business Relief (SBR) and avoid paying the Corporate Tax
Monola is the first all-in-one platform to help you manage your accounting online
Transactions
Customers
Quotes
Invoices
Expenses
Deadlines
My company
Connect your bank accounts and see all your transactions directly in your dashboard.
Pricing
Annual accounting and tax management, done for you by certified experts.
Ready to start?
Ready to launch? Create your account in minutes or talk to our team to find what’s best for your business.
Company Formation
Launch your Dubai company in just a few days.
Manage your Bookeeping
Keep your finances organized effortlessly
Handle Tax Filing
File your corporate and VAT taxes with ease
Close your Company
We handle every step of company closure
Frequently asked questions
Browse through these FAQs to find answers to commonly asked questions.
How long does it take to set up a company in Dubai?
What documents are required to start the process?
Do I need to be in Dubai to create my company?
What’s included after my company is created?
Is my data secure and compliant?