Accounting and bookkeeping for DMCC companies

DMCC companies have more to manage than most: annual audits, licence renewals and the Qualifying Free Zone Person test for 0% Corporate Tax. BooksGem keeps your DMCC company's books closed every month and ready for your auditor, your licence renewal and the FTA.

Audit-ready books for your DMCC licence

DMCC asks its companies to submit audited financial statements each year as part of staying compliant. An audit goes faster and costs less when the books are already reconciled, with every balance supported. We close your books monthly, prepare the year-end trial balance and schedules, and answer your auditor's questions directly.

  • Monthly bank, card and inter-company reconciliations
  • Fixed asset, prepayment and accrual schedules
  • Year-end trial balance and audit support pack
  • Liaison with your appointed DMCC-approved auditor

Corporate Tax for DMCC companies: 0% or 9%?

A DMCC company can pay 0% Corporate Tax on qualifying income if it meets the Qualifying Free Zone Person conditions — including adequate substance in the UAE, audited financial statements, transfer pricing compliance, and keeping non-qualifying revenue within the de minimis limit. Other income is taxed at 9%.

We set up your chart of accounts to separate qualifying and non-qualifying income from day one, so the test can be checked at any time — not discovered at year-end.

Read more about free-zone Corporate Tax →

Common DMCC business types we support

  • Commodity, metals and general trading companies
  • Holding and investment companies
  • Consultancies, tech and service companies
  • E-commerce and import/export businesses

Frequently asked questions

Does a DMCC company need to register for Corporate Tax?

Yes. Free-zone companies, including DMCC companies, must register for Corporate Tax and file an annual return, even if they qualify for the 0% rate.

Do you audit DMCC companies?

No. We are bookkeepers and accountants, not auditors. We prepare audit-ready books and work with your DMCC-approved auditor so the audit goes smoothly.

Does a DMCC company need to register for VAT?

Yes, once its taxable supplies pass AED 375,000 in 12 months, the same as a mainland company. Free-zone status doesn't take a company out of VAT; the special designated-zone rules only affect certain supplies of goods within specific zones.

Get your DMCC company's books audit-ready

Tell us about your business and get a fixed monthly quote within one business day.