We are professional

Welcome to BINA Accounting & Bookkeeping, your premier choice for financial solutions in Dubai. With over a decade of experience, our team offers expert accounting, auditing, and financial consulting services tailored to your needs.

Expert Accounting Services

Our expert accountants ensure your financial records are accurate, up-to-date, and compliant with the latest regulations.

Efficient Bookkeeping Solutions

Simplify your financial tasks with our efficient bookkeeping services, designed to keep your business on the path to success.

Comprehensive Auditing Solutions

Our meticulous auditing team is dedicated to uncovering insights and ensuring the integrity of your financial information.

Strategic Financial Consulting

Count on our strategic financial consulting services to guide your business toward greater profitability and success.

Previous Next

About Us

BINA Accounting & Bookkeeping is more than just an accounting firm; we're your partners in financial success. With a mission to empower businesses with clarity and efficiency, our comprehensive services cover everything from accounting and auditing to tax advisory and financial consulting.

Frequently Asked Questions

Here are some common questions and answers:

You should hire an accountant for your small business when you need help with the collection, analysis and reporting of financial information. Accountants can interpret your financial data in order to help you make better business decisions when it comes to your company's money.
Explore tailored loans, investor partnerships, or crowdfunding. Our financial experts will guide you to the most ideal funding solution for accelerated business expansion.
Handling bookkeeping yourself may lead to errors. Our experts ensure accuracy, compliance, and time savings, letting you focus on growing your business.
As an existing business in UAE, We will optimize financial strategies, ensure compliance, and help you embrace innovative solutions for sustained growth in this thriving economic landscape.
0% for taxable income up to AED 375,000 and 9% for taxable income above AED 375,000. A different tax rate for large multinationals that meet specific criteria set with reference to 'Pillar Two' of the OECD Base Erosion and Profit Shifting project.
For financial years starting on or after 1 June 2023.
Federal Tax Authority, generally referred to as FTA.
All Businesses and Commercial Activities except for the extraction of natural resources, which will remain subject to Emirate level corporate taxation.
Accounting Net Profit of a business (as reported in the financial statements prepared in accordance with IFRS) subject to certain adjustment (To be specified) will be the base to calculate the Taxable Income and thereby tax liability.
Dividends and capital gains earned by a UAE business from its qualifying shareholdings (To be defined in UAE CT Law at the later state by way of amendment or rules) will be exempted from corporate tax law.
Offset of losses incurred (as from the UAE CT effective date) will be allowed. Further details are awaited.
Yes, Registration is required by ally all business including in Free Zones operating in UAE. More guidelines will be prescribed later.
Every Assessee will need to file only one CT Return that too electronically per financial period. Tax Group will also need to file only one return for the entire group.
No, Business will not be required to pay Advance Tax.
Yes, Credit of foreign Corporate Tax paid on UAE taxable income shall be allowed against the UAE CT liability. More details are awaited.
CT is applicable on individual having (or required to obtain) a business licence or permit to carry out the relevant commercial, industrial and/or professional activity in the UAE. Conducting business without proper license is anyway illegal.
Formation of a Tax Group should be done taking into consideration Compliance, Tax planning and regulatory requirements. Tax losses from one group company may be used to off-set against taxable income of another group company, provided certain conditions are met. Intra-group Transactions shall be exempted subject to certain conditions to be defined in UAE CT Law.
Foreign Companies or Individuals will be subject to UAE CT if they conduct a trade or business in the UAE in an ongoing or regular manner.
No, generally this type of income will be exempted-for example - Income from dividends, capital gains, interest, royalties and other investment returns.
Free Zone Businesses are subject to CT. UAE CT will continue to honour the CT incentives currently being offered to free zone entities that comply with all regulatory requirements and that do not conduct business with mainland UAE. Further details awaited.
No, Same rules of CT shall be applicable across all the free zones.
No, these Industries are outside the Scope of UAE CT. They will continue to remain subject to Emirate level Corporate Tax.
UAE businesses will need to follow Transfer Pricing rules and documentation as required by OECD Transfer Pricing Guidelines.
Free Zone Businesses are subject to CT. UAE CT will continue to honour the CT incentives currently being offered to free zone entities that comply with all regulatory requirements and that do not conduct business with mainland UAE. Further details awaited.
Yes, if the annual net income is more than AED 375,000. No tax will be payable so far as it does not cross the limit of AED 375,000.
No, individual natural person is not required to pay tax as follows.

- No Tax on Salary and other employment Income.
- No Tax on Interest/ other income earned from bank deposits or saving schemes.
- Business income earned under a commercial license will be taxable.
- Income from real estate in personal capacity shall not be subject to UAE CT provided the individual is not required to obtain a commercial license/ permit to carry out such activity in the UAE.