Pricing for Accounting and Tax Compliance

Affordable Accounting and Tax Compliance Solutions in UAE

The UAE has been a hub for businesses across all sectors. With the growth of industries and businesses, the accounting sector is also growing at a fast pace. We understand that accounting is an industry that thrives on trust, transparency, and adding value. Being transparent about pricing helps us serve our clients better.

Truly Transparent Pricing! No Hidden Fees!

Accounting, Reporting & Tax Compliance Packages

All in one Packages (Value for Money)

INCLUSION

Startup - 1

Startup - 2

Startup - 3

Startup - 4

AED 4200
Per Year
(Inclusive of taxes)

AED 6300
Per Year
(Inclusive of taxes)

AED 8400
Per Year
(Inclusive of taxes)

AED 10500
Per Year
(Inclusive of taxes)

100% on Contract Signing

Payment Cycle

Number of Transactions

Accounting & Book-keeping
✔ Regular accounting of all transactions
✔ Setup of chart of accounts & Invoicing templates

Corporate Tax Compliance
✔ Corporate Tax Advisory
✔ Annual Filing of return opting for Small Business Relief
(Small Business Relief: Applicable for businesses with revenue equal to or less than AED 3,000,000 in both the current and all previous tax periods)

VAT Compliance
✔ VAT is mandatory, if sales is above 375,000 AED / 100,000 USD
✔ VAT quarterly return filings

Online Support
We are outsourced accountants & Tax consultants, We shall provide all our services through online mediums like E-mail, WhatsApp, Phone call. However in person visit is not available.

Work Frequency and Processing

50
Per Quarter

Quarterly

50
Per Quarter

Quarterly

150
Per Quarter

Quarterly

300
Per Quarter

Quarterly

1. Price Inclusive of VAT

2. Accounting software cost is not included. You have to buy the subscription and give us the access of it. Popular accounting software in UAE are Zoho-books, Quick-books, Odoo, Xero, Tally etc.

★ Transactions include sales, purchases, payments, receipts, and any other financial activities relevant to the business. For Example if there is a sales invoice recorded in the books then we will consider that as 1 transaction and the receipt of that invoice will be the 2nd transaction.

Truly Transparent Pricing! No Hidden Fees!

Accounting, Reporting & Tax Compliance Packages

All in one Packages
(Value for Money)

Startup - 1

AED 4200
Per Year
(Inclusive of taxes)

No. of transactions
50
Per Quarter

Accounting & Book-keeping

Corporate tax compliance

Online Support

Startup - 2

AED 6300
Per Year
(Inclusive of taxes)

No. of transactions
50
Per Quarter

Accounting & Book-keeping

Corporate tax compliance

VAT Compliance

Online Support

Startup - 3

AED 8400
Per Year
(Inclusive of taxes)

No. of transactions
150
Per Quarter

Accounting & Book-keeping

Corporate tax compliance

VAT Compliance

Online Support

Regular

AED 10500
Per Year
(Inclusive of taxes)

No. of transactions
300
Per Quarter

Accounting & Book-keeping

Corporate tax compliance

VAT Compliance

Online Support

1. Price Inclusive of VAT

2. Accounting software cost is not included. You have to buy the subscription and give us the access of it. Popular accounting software in UAE are Zoho-books, Quick-books, Odoo, Xero, Tally etc.

The accounting and tax compliance packages are carefully designed to meet business needs while keeping them economical. There are four packages suitable for all types of businesses that intend to outsource their work and compliance.

Startup-1
4,200 AED Per Year

Accounting
(Up to 50 transactions Per Quarter)
Corporate Tax compliance

Startup-2
6,300 AED Per Year

All of Startup 1 +
VAT compliance

Startup-3
8,400 AED Per Year

All of Startup 2 +
Increased transaction limit to 150 Per Quarter

Startup-4
10,500 AED Per Year

All of Startup 3 +
Increased transaction limit to 300 Per Quarter

3) Startup-3 @ 8,400 AED/year:

Accounting (Up to 120 transaction Per Quarter) + Corporate Tax compliance + VAT compliance

4) Regular @ 10,500 AED/year:

Accounting (Up to 100 transaction Per Month) + Corporate Tax compliance + VAT compliance

The explanation on suitability of the Packages is listed below

START UP - 1: AED 4,200 per year

Suitability of the package:

Suitable for businesses with transactions fewer than 50 per quarter.
Includes Corporate Tax advisory and annual filing of Corporate Tax returns under Small Business Relief.
Suitable for businesses in the management consultancy, IT sector, or businesses with sales of less than AED 375,000.
Online support through email, phone calls, and WhatsApp is available.
Not suitable for VAT-registered businesses. Please consider choosing one of the other packages if the sales is more than AED 375,000.

Key Highlights

Data collection and accounting is done on a quarterly basis.
The prices of the packages must be paid on signing of the contract.
Includes setting up the chart of accounts, setting up the invoicing template, setting up the accounting software, working papers, and registers (to track fixed assets, prepaid expenses, etc.) at ZERO cost.
Includes system generated reports like Statement of Profit & Loss account, Balance sheet and Accounts Receivable and Accounts Payable.

Key Highlights

Data collection and accounting is done on a quarterly basis.
The prices of the packages must be paid on signing of the contract.
Includes setting up the chart of accounts, setting up the invoicing template, setting up the accounting software, working papers, and registers (to track fixed assets, prepaid expenses, etc.) at ZERO cost.
Includes system generated reports like Statement of Profit & Loss account, Balance sheet and Accounts Receivable and Accounts Payable.

START UP - 2: AED 6,300 per year

Suitability of the package:

Suitable for businesses with transactions fewer than 50 per quarter.
Includes Corporate Tax advisory and annual filing of Corporate Tax returns under Small Business Relief.
Includes the filing of VAT returns every quarter implying that sales is more than 375,000 AED.
Online support through email, phone calls, and WhatsApp is available.

BCL Globiz believes in working as a partner for its clients, and understanding their business model, needs, work approach, and goals before the commencement of the project to perfectly meet their needs.

START UP - 3: AED 8,400 per year

Suitability of the package:

Suitable for businesses with transactions fewer than 150 per quarter.
Includes Corporate Tax advisory and annual filing of Corporate Tax returns under Small Business Relief.
Includes the filing of VAT returns every quarter.
Online support through email, phone calls, and WhatsApp is available.
This package is suitable when the number of transactions per quarter is significantly higher. If not, Startup-2 would be more appropriate.

Key Highlights

Data collection and accounting is done on a quarterly basis.
Professional charges for VAT registration and Corporate Tax registration, if any, is included in the package
Includes setting up the chart of accounts, setting up the invoicing template, setting up the accounting software, working papers, and registers (to track fixed assets, prepaid expenses, etc.) at ZERO cost.
Includes system generated reports like Statement of Profit & Loss account, Balance sheet and Accounts Receivable and Accounts Payable.

Key Highlights

Data collection and accounting is done on a quarterly basis.
Professional charges for VAT registration and Corporate Tax registration, if any, is included in the package.
Includes setting up the chart of accounts, setting up the invoicing template, setting up the accounting software, working papers, and registers (to track fixed assets, prepaid expenses, etc.) at ZERO cost.
Includes system generated reports like Statement of Profit & Loss account, Balance sheet and Accounts Receivable and Accounts Payable.

START UP - 4: AED 10,500 per year

Suitability of the package:

Suitable for businesses with transactions of about 300 per quarter.
Includes Corporate Tax advisory and annual filing of Corporate Tax returns under Small Business Relief.
Includes the filing of VAT returns every quarter.
Online support through email, phone calls, and WhatsApp is available.
Regular and timely resolution of any queries; advanced business consultancy is available through group creation.

Services not included in the above Packages :

VAT Refund: VAT refund application – If you have accumulated VAT input, we can file a VAT refund application. An additional fee of AED 1,575 (inclusive of VAT) per application will apply in such cases. Explore the FAQs on UAE VAT for more insights on tax regulations.
Corporate Tax Compliance: If you are not eligible for Small Business Relief, corporate tax annual filing will be more detailed. Therefore, an additional fee of AED 1,575 (inclusive of VAT) per year will apply in such cases. Small Business Relief is applicable for businesses with revenue equal to or less than AED 3,000,000 in both the current and all previous tax periods.
Transfer Pricing: A transfer pricing study is applicable in the case of related party transactions and connected persons exceeding the threshold for reporting in the corporate tax return.
Audited Financial Statement: Liaison for annual audit certification of financial reports – If required, we can provide this service, and the fee will be chargeable on a case-to-case basis. The fee depends on turnover and the nature of business activities. Additionally, audits are mandatory from a corporate tax perspective for companies with an annual turnover exceeding AED 50 million.
Any software license cost out of pocket costs shall be reimbursed to us at cost if paid by BCL, We recommend you to take the subscription directly. Example Accounting Software subscription cost paid to Quick-Books, Zoho-Books, Odoo, Xero etc.

NOTE: The detailed packages enumerated above do not contain any hidden costs. If our packages suit your needs, please contact our experts at punith@bclglobiz.com.