Bookkeeping for manufacturers and factories
Manufacturers carry more numbers than most businesses: raw materials, work in progress, finished goods, machinery and imports. We keep your stock and costs accurate every month, so you know your real margin per product and your VAT and Corporate Tax are right.
Common challenges we fix
- Stock records that don't match the warehouse
- No clear cost per product or production batch
- Import VAT and customs duty on raw materials
- Free-zone income that may or may not qualify for 0%
What we handle for you
- Raw material, work in progress and finished goods stock
- Product costing with materials, labour and overheads
- Import VAT and customs records for every shipment
- Fixed asset register and depreciation for machinery
- Qualifying and non-qualifying income tracked for free-zone factories
- Payroll and WPS for production staff
Frequently asked questions
Can a free-zone manufacturer pay 0% Corporate Tax?
Manufacturing and processing of goods are qualifying activities, so a free-zone manufacturer that meets all the Qualifying Free Zone Person conditions can pay 0% on that qualifying income. The conditions include adequate substance, audited financial statements and staying within the de minimis limit.
How should we value our stock?
At the lower of cost and net realisable value, with cost including materials, direct labour and a fair share of production overheads. We set up a consistent method and apply it every month.
Guides for UAE businesses
Bookkeeping for Small Business in UAE: Step-by-Step Guide
Eight simple steps to set up and keep bookkeeping for a UAE small business, with basic examples and the UAE-specific rules you need.
Read the guide →VAT Registration Threshold UAE: Who Must Register?
AED 375,000 mandatory, AED 187,500 voluntary: how the UAE VAT threshold works, how to calculate it and when you must apply.
Read the guide →Corporate Tax Registration Deadline UAE (Including New Companies)
New companies have three months to register for Corporate Tax. Here's how the deadline works, the AED 10,000 penalty and the waiver.
Read the guide →Get your books in order this month
Tell us about your business and get a fixed monthly quote within one business day.