How to start a bookkeeping service in Dubai?Starting an accounting firm is one of the major business ideas that are in demand due to the introduction of new rules and demand for accounting firms in Dubai. But in order to set up an accounting firm, here’s everything you need to know.
3 major requirements to start a bookkeeping service in Dubai :
Obtain a degree in Accounting
Procedure for starting a Bookkeeping service in Dubai:
- The first step is to register the name of your company. The name can be of any choice of yours but it has to be with the legalities of the Dubai government.
- Decide on the company structure. Whether it is going to be a sole proprietorship, parentship firm, or an LLC
- Obtain initial approval from the Department of Economic Development (DED) and follow the legalities of the Dubai government
- Submit the necessary documents and proof of business to the government
- Rent an office space of your choice as mandated by the authorities for stating this business
- Obtain a professional license from the necessary authorities.
Benefits of starting this business:
- The cost of starting a bookkeeping service is minimum
- You can broaden your market by working virtually as well
- It is consistent work, that takes place on a regular basis
- You can become a specialist and increase your marketability
Find out how much it cost you to setup your Dream Business
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