Bookkeeping Quote FROM

Accounting Service (Monthly Plan):

• Preparation & filing of your Year-End Financial Statements as per UAE regulations
• Corporate Tax Return preparation & filing in compliance with UAE tax laws
• Assistance with Economic Substance Regulations (ESR) (available at an additional cost when required)
• Adhoc Tax & VAT Advice in line with our fair usage policy
• Free Company Formation & VAT registration (if required)
• 1 Free Owner/Director Personal Tax Return (for UK & Kenya only – USA coming soon; additional directors can be added for an extra fee)
• Where audits are required, they may come at an additional cost

This service is designed to cover most of your day-to-day accounting needs as your business grows.

For more details on what is included, please refer to Section 13 of our Terms & Conditions.

Accounting Service (One-Off or Annual Only):

• Preparation & filing of your Year-End Financial Statements
• Corporate Tax Return preparation & filing
• Where audits are required, they may come at an additional cost

Bookkeeping & VAT Filing Service:

• VAT Return preparation & submission to the Federal Tax Authority (FTA)
• Transaction matching in accounting platforms like Xero, Zoho Books, QuickBooks, NetSuite, Sage, and others
• Invoice processing using your preferred receipt-scanning system
• General bookkeeping to maintain accurate financial records

Payroll & WPS Compliance Service:

• Calculation of salary, tax, and social security contributions (if applicable)
• Compliance with the UAE’s Wage Protection System (WPS)
• DIFC Workplace Savings (DEWS) and other pension schemes (where required)
• Employee payslip generation (free for online access; printed copies available at an extra charge)
• Calculation & submission of pension contributions (for GCC nationals)

One-Off Projects:

• Accounting & ERP system setup & migration (Xero, Sage, Zoho Books, QuickBooks, Odoo, NetSuite)
• Fixing bookkeeping errors & resolving financial discrepancies
• Catching up on bookkeeping backlogs
• Custom software development & API integrations for financial operations
• Power BI & Excel reporting & financial modeling

One-Off Tax Advisory Services:

• UAE Corporate Tax Advisory
• VAT Consultation & Compliance Review
• Personal Tax Advice for UAE Residents & Expats
• International Tax Structuring & Cross-Border Tax Planning
• Capital Gains & Property Tax Advisory

Our service packages are intentionally split into Accounting, Bookkeeping, Payroll, VAT Filing, and Personal Tax Compliance.

To maintain complete transparency, we want to explain how our fees are calculated and when payments will be due.

Accounting Services

This covers the ongoing accounting support and advice we provide throughout the year. However, the main portion of this fee is based on an estimate of the time required to prepare your year-end financial statements and corporate tax returns in line with UAE regulations.

If you join us partway through a financial year, we will need to collect the full 12 months' fees, as we will still need to process your accounts for the months before you became our client.

Your first payment will only cover one month to ensure you are satisfied with our service. Any outstanding balances for previous months of the year will be collected in your second payment cycle.

Bookkeeping Services

If you have not maintained bookkeeping records for the months before joining Theta7, we will backdate our fees as described above for our accounting service. However, if your bookkeeping records are up-to-date, complete, and accurate at the time of registration, we will not apply any backdated charges.

Payroll Services

Payroll service fees follow the same terms as bookkeeping services. If payroll records are incomplete or missing for previous months, backdated fees may apply.

VAT Filing Services

VAT filing service fees also follow the same terms as bookkeeping services. If previous VAT returns were not prepared, filed, or maintained properly, backdated fees may apply.