#capitalplusauditing

Many businesses in Dubai fall behind on their accounting due to staff changes, rapid growth, or lack of proper systems. Pending invoices, missing entries, and unupdated records can create compliance risks and financial confusion.

Backlog accounting services help businesses organize delayed financial data, update records month by month, and ensure accuracy according to UAE regulations. Clearing accounting backlogs also makes audits, VAT filing, and corporate tax compliance much easier.

An Agreed Upon Procedures (AUP) audit is a type of audit where a business and an auditor agree on specific financial checks. The auditor only reviews those selected areas and reports the findings clearly.

AUP audits are helpful when a company needs independent financial verification but does not require a full audit.

Who needs an AUP audit?

Businesses verifying specific financial records

Investors needing reliable financial information

Partners requesting independent confirmation

Companies meeting regulatory or internal requirements

AUP audits improve trust, accuracy, and transparency for businesses in Dubai.

Opening a corporate bank account in Dubai can be challenging due to strict compliance and KYC requirements. UAE banks carefully review business activities, shareholder details, and source of funds before approval.

What Is VAT Deregistration and When It Is Needed

Many business owners register for VAT but later reach a point where they no longer meet the requirement to stay registered. Knowing when to apply for VAT deregistration helps you avoid unnecessary penalties and keeps your tax profile clean.

Key moments when VAT deregistration becomes necessary:

Revenue drops below the threshold: If your annual turnover falls under the required limit, deregistration is often mandatory.

Business activities stop: If a company is closing or no longer engaging in taxable transactions, deregistration is required.

Company liquidation: When a business is being liquidated, completing VAT deregistration is an essential part of the process.

Change in business structure: Mergers, ownership changes, or shifts in operations may require deregistration.

Avoiding penalties: Applying late can lead to fines, so timely submission keeps your record compliant with FTA rules.