Abacus Accounting Llc is an FTA-approved firm based in Al Ain, helping owners who want straight answers on VAT and corporate tax rather than jargon. From small trading companies in the city to service businesses spread across the UAE, they handle day‑to‑day bookkeeping and payroll while keeping an eye on what the Federal Tax Authority expects. Because the team works in both English and Arabic, board discussions and PRO work with local stakeholders don’t get lost in translation.
What accounting services in Al Ain does Abacus Accounting Llc actually handle?
The core of Abacus Accounting Llc’s work is keeping clean books backed by audit‑ready records, so FTA reviews or bank financing requests don’t turn into fire drills. They set up VAT registration in the UAE, prepare returns, and fix common issues like input tax mistakes or missed tax invoices. On the corporate tax side, they review contracts, related‑party charges and free zone structures so clients don’t fall foul of the new law or Economic Substance Regulations. For many family businesses, the same team runs monthly payroll, WPS files and end‑of‑service calculations, which cuts salary disputes and keeps staff happier.
How does Abacus Accounting Llc support companies through growth, setup or exit?
For new founders, the firm guides company formation in mainland and free zones, aligning licence activities with future VAT and corporate tax exposure. They’ll walk through real scenarios, like when a consulting startup in Al Ain should register for VAT or how to document management fees between related entities. When it’s time to wind down, Abacus Accounting Llc also manages company liquidation, including final tax returns, clearance from the FTA and audit support where required. That mix of formation, ongoing compliance and orderly exit gives owners a single contact from first trade licence to final closure, with a direct phone and email rather than a ticketing system.