If you possess an accountant’s mindset, you’ll understand how vital it is to make sure the numbers stack up.
A Complete Guide on How to Start an Accountancy Firm in Dubai
You may also be aware that it’s not everyone’s cup of tea to have the same mindset. Accountancy has a bit of a reputation for being a ‘bean counting’ profession, overlooking its critical role in the functioning of a successful business.
That’s why there is an entire industry dedicated to taking care of the accounts of companies who may operate at a level where it’s significantly cheaper to outsource, rather than having their own specialist…or, simply, they just don’t want to manage the process themselves and would have a forensic eye over proceedings.
Having gained many years of experience in the industry, you may feel it’s your turn to share your accounting expertise with fellow business professionals.
Provided you tick the right boxes, this could well be the start of an exciting new career journey, as accounting companies in Dubai have potential. Big potential.
Key factors to keep in mind before starting an accountancy firm in Dubai
As for ticking the right boxes, you’ll be getting off to a great start if you have experience in:
- Bookkeeping
- Tax
- Business Advisory
- Audit Firm
- Forensic Accounting
This is because these are some of the skills in greatest demand from an accountancy firm in Dubai.
Music to your ears? Whetting your appetite for a career shift? Well, now’s the time for us to provide our own expertise!
Step-by-step to start an accounting firm
At this point, it’s important to cut through the noise and dedicate yourself to completing the following steps:
- Choosing your core focus – what are you going to specialize in? Will you be an audit firm, accounting firm, or forensic accountant? Now is the time to decide.
- Decide your company name – catchy, memorable, but not copied!
- Apply for a business license – without it, you’re stuck at square one
- Open your corporate bank account – we all want to get paid, right?
So, where do you even begin?
Well, you could get in touch with Set Hub, and we’ll complete some of the steps for you instead. I mean, who wants to go through applying for a business license on their own?
Set Hub is dedicated to establishing new enterprises in the UAE and beyond, making the business dreams of its customers come true.
We accompany you every step of the way when setting up your new venture, so if it’s on your mind that you want to begin the process of starting your own accountancy firm in Dubai, reaching out to us is your first port of call.
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