Let our expert accountants take care of your company’s financial backbone — from day-to-day bookkeeping to complete payroll and reporting compliance. At Proxima Eight, we ensure that your accounting processes are not only streamlined but also fully aligned with UAE tax and labor regulations
Let our expert accountants take care of your company’s financial backbone — from day-to-day bookkeeping to complete payroll and reporting compliance. At Proxima Eight, we ensure that your accounting processes are not only streamlined but also fully aligned with UAE tax and labor regulations
Practical Bookkeeping & Financial Support for Businesses in the UAE At Proxima Eight, we provide structured and professional bookkeeping and financial reporting support tailored to your business needs. Maintaining accurate and up-to-date records is essential for effective decision-making, budgeting, and growth planning. Our experienced team ensures all transactions are clearly recorded, categorized, and reported using international best practices. Whether you're a startup, SME, or growing enterprise, we help you stay financially organized — without the burden of managing it in-house.
Our VAT & Tax Consultancy
Bookkeeping
Our team supports you with day-to-day transaction recording and monthly bank reconciliation. This helps ensure your financial records are clear, consistent, and ready for internal reviews or reporting.
Account Reconciliation
We support you in matching internal records with bank statements and external reports. This includes identifying discrepancies, tracking payment issues, and helping you maintain a reliable general ledger.
Financial Reporting
We generate structured financial overviews to help you understand performance and make informed decisions. Common reports we assist with include:
Trial Balance
Profit & Loss Overview
Balance Summary
Cash Flow Snapshot
General Ledger Extracts
Note: Reports are generated based on standard accounting formats used globally.
Payroll Processing Assistance
We support your payroll operations with payslip generation, employee leave tracking, and salary breakdowns. While we do not process WPS directly, we help you prepare necessary inputs for submission.
Audit File Preparation
We help organize your financial records and prepare document packages typically requested by auditors. Our goal is to make the audit process as smooth as possible by ensuring all required data is clearly presented.
The Ultimate Guide to Business Accounting Services in Dubai
Why Smart Accounting Support Matters for UAE Businesses Accurate bookkeeping is the backbone of any successful business — especially in the UAE, where financial transparency and documentation are increasingly important. Whether you're a startup, SME, or international company, having your records in order is no longer optional — it's essential for long-term growth. In this guide, we’ll walk through how accounting works in the UAE, what business owners should know, and why outsourcing support can help you stay efficient and focused.
A New Era of Financial Transparency in the UAE Since the introduction of VAT in 2018 and corporate tax in 2023, UAE businesses are expected to operate with greater financial discipline. This shift brings new responsibilities: → Maintain clear and consistent financial records → Avoid reporting errors that can result in penalties or compliance issues → Be prepared for documentation requests or periodic financial reviews We’ve seen many businesses struggle with scattered or incomplete accounting data — often leading to avoidable delays and costs. Structured support with day-to-day recordkeeping helps you stay confident and audit-ready.
What Are the Accounting Expectations in the UAE? While requirements vary based on company size and industry, most businesses are expected to: → Maintain organized records for 5–10 years → Record all income, expenses, invoices, and contracts clearly → Prepare reports such as profit & loss, balance sheet, and trial balance → Keep VAT-related records ready for quarterly/monthly submission → Be ready to provide documents for financial reviews or external audits At Proxima Eight, we assist clients with organizing, structuring, and preparing such documentation — helping ensure peace of mind.
Common Accounting Support Services in the UAE Here’s what many businesses choose to delegate:
Bookkeeping Daily tracking of financial transactions, ledgers, and reconciliations — essential for visibility and internal control.
Financial Reporting Support Preparation of key reports such as:
Profit & Loss Statement
Balance Summary
Trial Balance
Cash Flow Overview
General Ledger Extracts
These reports help you monitor performance and prepare for strategic decisions.
Payroll Support Payslip generation, leave tracking, salary summaries, and end-of-service calculations based on provided input.
VAT Filing Assistance Organizing transaction records and VAT inputs/outputs for submission via your registered tax agent.
Account Reconciliation Matching bank statements with general ledger entries — monthly and year-end.
Audit File Preparation Structuring financial data commonly requested during audits, and helping you stay ready for external reviews.
Cost;High (salary, visa, insurance);Flexible & contract-based (lower cost)
Expertise;Depends on hire;Team of certified specialists
Software & Tools;Needs additional investment;Included in service
Compliance Risk;High (single point of failure);Low (multi-level review, legal alignment)
Compliance Risk;High (single point of failure);Low (multi-level review, legal alignment)
Benefits of Outsourcing Accounting Support in Dubai
Cost-Effective → No need to hire in-house staff or invest in complex systems. Pay only for what you need, when you need it.
Focus on Your Core Business → Delegate day-to-day financial tasks and spend more time scaling your company.
Organized & Audit-Ready → Keep financial records in order, structured, and ready for review or reporting — without scrambling at the last minute.
Experienced Support → Work with specialists who understand local business practices and financial reporting standards.
Smart Technology → Access cloud-based tools for document management, reporting, and collaboration — without heavy infrastructure costs.
Who Should Consider Outsourcing? → Startups needing lean, organized accounting from day one → SMEs looking to scale without internal HR and finance overhead → Construction, trade & services businesses with high transaction volume → International firms expanding into the UAE → Business owners seeking clarity and control without micromanagement
How to Choose the Right Partner Before you outsource accounting tasks, ask: → Do they understand local documentation and reporting standards? → Can they support your specific sector and business model? → Do they use modern tools like Zoho, QuickBooks, or Xero? → Are the service packages flexible and aligned with your business stage?
Proxima Eight: Accounting Support Built Around You At Proxima Eight, we provide structured, responsive financial support — tailored to your goals, size, and sector. Whether you're launching a new business or scaling an existing one, we help you stay financially organized.
Why It Matters Outsourcing isn’t just about reducing cost — it’s about gaining: → Financial clarity → Fewer operational headaches → Time to focus on what matters → Trusted day-to-day financial structure
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