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General: Accounting and taxes in the UAE do I really need ongoing support?
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Hi forum friends. I’m already running a small business in the UAE, and at first I thought accounting here would be simple since everyone says “low taxes.” But now with VAT, corporate tax discussions, and reporting rules, I’m starting to feel uneasy. I’m not an accountant, and spreadsheets give me mild anxiety Still, I don’t want to overspend on services I might not need. For those of you who’ve been operating for a while: is professional accounting support worth it in the UAE, or can a small business manage on its own without getting into trouble later? |
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I totally relate to the spreadsheet anxiety been there. While the UAE is business-friendly, accounting isn’t something I’d recommend ignoring. I tried managing it myself for the first year, and it was okay… until it wasn’t. One missed detail almost turned into a fine. That’s when I switched to professional accounting and tax services. What I liked most wasn’t just number-crunching, but proactive advice: reminders, compliance checks, and explanations in human language. It actually freed up mental space to focus on growing the business. In my |
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Appreciate this honest answer, especially the “peace of mind” part. |
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