Real estate industry
Accounting, VAT and Corporate Tax Services for UAE Real Estate Businesses
Broker commissions, rental income, escrow accounts and mixed VAT treatments all reconciled into one clear set of books, built for how UAE developers, brokers and property managers actually operate.
- 1,000+ UAE Businesses Served
- Transparent Upfront Pricing
How we account for your real estate business
1000+
1000+ Active Clients
30+
Industries Served
94%
Client Renewal Rate
35+
Years of Experience
300+
Experts Globally
Real estate accounting isn't ordinary accounting
Mixed VAT treatment
Commission and agent splits
Escrow and trust accounts
RERA and service charge reporting
Off-plan and development accounting
Rental income by property
From deal agreed to accounting entry
Sale or lease agreed
Funds received into escrow
Commission earned
VAT applied to commission
Agent payout processed
Accounting records
VAT & Corporate Tax filed
Built from these records
How BCL fixes it
Our real estate accounting services
Real estate bookkeeping & reconciliation
Escrow & RERA-compliant accounting
Commission & brokerage accounting
UAE VAT compliance
UAE Corporate Tax
Financial reporting
Accounting built around your real estate model
Developers, brokers and property managers each create different accounting and VAT questions. We adjust the approach to the model, not the other way round.
Real estate developers
Real estate brokers & agencies
Property management companies
Owners associations & community management
Individual property investors
Real estate holding companies
Commission isn't the same as net revenue
A brokerage fee looks straightforward until VAT, the agent split and referral costs come off the top. We build reporting that shows what the agency actually keeps from each deal.
Take a deal worth AED 2,000,000 with a 2% commission of AED 40,000. VAT of AED 2,000 is due on that commission, the agent’s split takes out AED 20,000, and a referral fee accounts for a further AED 5,000. What’s left, AED 13,000, is the agency’s actual net revenue from the deal, less than a third of the headline commission. Most agencies only see the AED 40,000. We make sure you see the AED 13,000.
How BCL manages your real estate accounting
01
Collect
02
Reconcile
03
Record
04
Comply
05
Report
From property deal to accounting entry
Platforms we reconcile with
One firm for accounting, VAT, tax and reporting
Real estate accounting expertise
Escrow & RERA-aware reconciliation
UAE VAT & Corporate Tax
Clear property-level reporting
Comprehensive Service Packages
Simple, Transparent Pricing
| Feature | Others | BCL Globiz |
|---|---|---|
| Accounting fees | Extra charge | FREE |
| Transaction limits | Yes (capped) | Unlimited |
| Revenue cap | Yes | No cap |
| Refund policy | None | 100% refund |
Unlimited Transactions
Complete freedom to grow your business.
No Revenue Cap
Scale without worrying about revenue limits.
100% Refund
If you're not satisfied, we'll refund your payment.
Unlimited Transactions
Complete freedom to grow your business.
No Revenue Cap
Scale without worrying about revenue limits.
100% Refund
If you're not satisfied, we'll refund your payment.
Staying ahead going forward
Monthly packages that keep you compliant as you go, so there's no backlog to clean up next year.
Accounting & Corporate Tax Compliance Support
Startups and new businesses setting up corporate tax compliance for the first time.
Corporate tax compliance Support 4 services included
- CT advisory
- Ongoing advisory on corporate tax matters
- Annual CT computation
- CT return preparation & filing support
Accounting & bookkeeping 14 services included
- Monthly accounting and bookkeeping
- Setup of chart of accounts
- Setup of invoicing templates
- Backlog accounting
- Sales invoice creation & posting
- Purchase bill posting
- Expense bill posting
- Bank account reconciliation & posting
- Credit card reconciliation & posting
- Other journal entries posting
- Month-end & year-end closing entries
- Complete document management as per FTA guidelines
- Annual audit-ready documentation
- Audit file preparation
Monthly reporting 4 reports included
- Monthly balance sheet
- Monthly profit & loss statement
- Monthly accounts receivable report
- Monthly accounts payable report
Support 4 benefits included
- A dedicated team will be assigned to you
- Support via email, virtual calls & in-person meetings
- A dedicated WhatsApp group for quick communication
- Monthly review meetings
E-Invoicing Now in Essential New
- Now part of Essential E-invoicing support comes built into the Essential plan, alongside your regular compliance.
- Up to 100 e-invoices in Zoho Books Already on Zoho? Issue e-invoices straight from the software, with no separate plan to buy.
- Setup and ASP appointment We set up e-invoicing for your business and help you appoint an Accredited Service Provider (ASP), so you're never working it out alone.
Accounting, Corporate Tax & VAT Compliance Support
Growing businesses that need corporate tax and VAT compliance handled together.
Corporate tax compliance Support 4 services included
- CT advisory
- Ongoing advisory on corporate tax matters
- Annual CT computation
- CT return preparation & filing support
VAT Compliance Advisory 4 services included
- VAT advisory
- Regular advisory on VAT matters
- Quarterly VAT computation
- Quarterly VAT Return Preparation & Compliance Support
Accounting & bookkeeping 14 services included
- Monthly accounting and bookkeeping
- Setup of chart of accounts
- Setup of invoicing templates
- Backlog accounting
- Sales invoice creation & posting
- Purchase bill posting
- Expense bill posting
- Bank account reconciliation & posting
- Credit card reconciliation & posting
- Other journal entries posting
- Month-end & year-end closing entries
- Complete document management as per FTA guidelines
- Annual audit-ready documentation
- Audit file preparation
Monthly reporting 4 reports included
- Monthly balance sheet
- Monthly profit & loss statement
- Monthly accounts receivable report
- Monthly accounts payable report
Support 4 benefits included
- A dedicated team will be assigned to you
- Support via email, virtual calls & in-person meetings
- A dedicated WhatsApp group for quick communication
- Monthly review meetings
E-Invoicing Now in Grow New
- Now part of Grow E-invoicing support comes built into the Grow plan, alongside your regular compliance.
- Up to 100 e-invoices in Zoho Books Already on Zoho? Issue e-invoices straight from the software, with no separate plan to buy.
- Setup and ASP appointment We set up e-invoicing for your business and help you appoint an Accredited Service Provider (ASP), so you're never working it out alone.
Catching up on the past
One-time clean-up for periods already behind you, books that were never closed, filings that were never made.
Backlog Accounting
Businesses with unfiled backlog books or missed FY2025 tax deadlines.
- Full-year backlog bookkeeping for 2025
- Bank & credit card reconciliation
- Corporate tax computation for 2025
- Corporate Tax Return Preparation & Filing Assistance
One-time engagement. No monthly commitment, ideal for catching up before FTA deadlines.
Covers FY 2025 backlog only, with corporate tax computation and filing included.
Once your books are current, you can move onto Essential or Grow for ongoing compliance.
Why the price difference between backlog and Essential and Grow Plans?
Two services, two jobs. Backlog Accounting is a one-time clean-up: we fix your past books and file corporate tax for a year that's already closed. Fixed scope, so it ends when the work is done. The monthly plans are a living service that keeps you compliant every month of the year, so there's more inside them:
- VAT isn't in the backlog. Retrospective covers corporate-tax clean-up only. VAT Advisory, computation and quarterly filing are part of the monthly plans.
- One closed period vs. the whole year. The backlog fee settles a single past year. Monthly keeps you compliant across all twelve months, advisory included.
- You stay covered as the rules move. Monthly includes FTA updates, VAT-applicability checks whenever your business changes, and open query with your accountant.
What each service actually covers
Fixing the past vs. staying compliant going forward.
Retrospective
Backlog Accounting
One-time · fixes a closed past year
Prospective
Essential and Grow Plans
Ongoing · keeps you compliant all year
Only fixing the past? Four things stay locked until you move to Essential and Grow Plans.
Switch to Essential and GrowStandalone Professional Services
Not looking for a full package? Choose an individual service below, tailored to your exact need.
One job, done right, your VAT sorted every quarter!
- Quarterly VAT Computation
- VAT Return Preparation & Filing Support
- VAT Advisory & Compliance Guidance
- Documentation Prepared as per UAE Tax Requirements.
Your books, our filing supports, teamwork that just works!
- Small Business Relief eligibility support
- Corporate tax return preparation
- Filing support through the applicable UAE tax system
- Advisory on SBR conditions and compliance
Skip the full package, get expert TP documentation done right!
- Benchmarking Analysis for Related Parties
- Arm’s Length Principle Advisory
- Alignment with OECD Guidelines
- Disclosure Support in CT Return
Every business is different, so is every audit. Let's scope it together.
- Audit readiness assessment
- Liaison with external auditors
- Audit findings remediation
- Financial statement preparation for audit
All standalone services can be combined with any package. Contact us at info@bcl.ae for custom requirements.
Frequently Asked Questions
Yes. We apply the correct VAT treatment for each transaction, residential leasing is generally exempt, new residential sales are zero-rated within the first three years, and commercial property and brokerage fees are standard-rated.
Broker commission is standard-rated at 5% where the broker is VAT-registered. We calculate VAT on the commission, reconcile it against the deal, and include it in your VAT return.
Yes. We record commission income and agent splits deal by deal, so payouts, VAT and net agency revenue reconcile back to the original transaction.
Yes. We reconcile escrow account movements and help developers and property managers keep landlord, tenant and owners association funds clearly separated for RERA and audit purposes.
Corporate Tax generally applies to real estate businesses such as development, brokerage and property management. Personal rental income earned by individuals is usually excluded, but this depends on your specific structure, which we assess before registration.
Off-plan revenue is generally recognised against project milestones and construction progress rather than the full sale price on signing, in line with the applicable accounting standards.
Yes. We track service charges, maintenance costs and owners association funds separately from your company’s own operating income and expenses.
Yes. We offer property-wise rental income and expense tracking for individual investors, alongside full accounting for developers, brokers and property managers.
We maintain property-wise accounts so each unit’s VAT treatment, income and expenses are tracked separately, then consolidated into one set of management reports.
We work with Xero, QuickBooks, Zoho Books and similar cloud platforms, and can set one up if you’re not currently using any.
Monthly as standard, covering profit and loss, cash flow and property-level performance, with more frequent reporting available for larger portfolios.







