Document Translation in Dubai for Meydan Free Zone Clients
Bookkeeping is not just about recording transactions. It is the foundation of how a business understands its financial position, maintains control over cash flow, and meets regulatory requirements in the UAE.
In a market like Dubai, where businesses operate across multiple revenue streams, currencies, and payment channels, maintaining accurate and structured financial records is essential. Without this, businesses face challenges in tracking profitability, managing expenses, and preparing for compliance requirements.
Meydan Free Zone provides a bookkeeping system designed for businesses that require accuracy, consistency, and visibility, without building an internal finance team.
What Meydan Bookkeeping Solves
This service is built to give businesses
What is Included, Cost and Coverage
Bookkeeping at Meydan Free Zone is designed as an ongoing financial process, not a one-time activity. This ensures that every transaction is tracked, verified, and aligned with your financial position.
bookkeeping
updates
statement preparation
generation
reconciliation
reconciliation
Packages and Transaction Coverage
Plan | Monthly Fee | Transaction Volume | Suitable For |
|---|---|---|---|
Basic Plan | AED 1,000 per month | Up to 100 transactions | Early-stage businesses and low transaction activity |
Standard Plan | AED 1,500 per month | Up to 200 transactions | Growing businesses with consistent financial activity |
This structure allows businesses to start lean and scale financial operations as transaction volumes increase.
Requirements
Requirement | Details |
|---|---|
Sales Invoices | Revenue records across all channels |
Purchase and Expense Bills | Cost tracking and categorisation |
Bank Statements | Transaction verification and reconciliation |
Salary Details | If payroll is applicable |
Providing consistent and accurate data ensures that your financial records remain reliable.
Timeline
Activity | Timeline |
|---|---|
Service Activation | 1 business day |
Ongoing Bookkeeping | Continuous and updated in real time |
Customer Journey
01-Log into the Portal
02-Apply
03-Receive Bookkeeping
Bookkeeping
Purchase and Expense Bills
Bank Statements
Payment
Sales Invoices
Payroll Breakdown Report (if applicable)
Setup guides. Can’t decide? Start here.
Questions? Answers.
What does the Bookkeeping service at Meydan Free Zone include?
The Bookkeeping service involves recording and tracking financial transactions throughout the fiscal year. It includes managing accounting entries, preparing Profit & Loss and Balance Sheet statements, and conducting regular bank and cashbook reconciliations to ensure accurate financial reporting.
Is bookkeeping necessary if my business has very few transactions?
Yes, maintaining accurate financial records is legally required for all businesses in the UAE, regardless of transaction volume. Proper bookkeeping ensures your business remains compliant with UAE Corporate Tax and VAT regulations, and provides clear financial tracking for decision-making.
What is the difference between the Basic and Premium bookkeeping packages?
The primary difference lies in the transaction volume. The Basic Package supports up to 100 transactions per month, while the Premium Package is designed for growing businesses and supports up to 200 transactions per month. Both packages are billed quarterly.
How often will my financial records be updated?
The Bookkeeping service provides regular, real-time updates to your financial records. This continuous tracking allows business owners to have an up-to-date view of their financial health, ensuring readiness for tax filings or financial audits at any time.
How long does it take to set up the bookkeeping service?
After applying through the Meydan Free Zone customer portal and making the required payment, the bookkeeping service setup and initial integration process typically takes about 4 business days to complete.