Yes, and it's easier than you think. We handle the transition process for you, including requesting historical records, migrating data, cleaning up existing books if required, and ensuring continuity of service with zero gaps in your compliance calendar. Many of our clients come to us after experiencing inaccurate books, missed deadlines, or a lack of communication from their previous provider. We make sure the switch is smooth and that your financials are in better shape than when we found them.
Yes. Finanshels serves businesses registered across the UAE, Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, Ajman, Fujairah, and Umm Al Quwain, as well as businesses operating in UAE free zones including DIFC, ADGM, JAFZA, Dubai Silicon Oasis, and others. Our services are delivered remotely via our technology platform and finance concierge model, so location within the UAE is not a barrier.
Great, that means you already understand the value of having finance expertise close to your business. Finanshels doesn't replace your in-house team. We complement and supercharge it.
Our team brings a multi-disciplinary skill set to the table: CFOs, tax consultants, UAE-registered accountants, and automation specialists. We work alongside your internal team to implement best practices, strengthen reporting frameworks, automate manual processes, reduce the risk of errors and fraud, and provide specialized expertise, particularly in UAE corporate tax, VAT compliance, and FTA regulations, that most in-house teams don't have the bandwidth to stay on top of alone.
We integrate directly with the accounting software your business already uses, including QuickBooks Online, Xero, Zoho Books, and others, so there's no disruption to your existing workflow. On top of that, we provide access to the Finanshels Dashboard: an intuitive, real-time analytics platform where you can monitor the financial KPIs that matter most to your business, including revenue growth, gross profit, net profit margin, runway, LTV, cash position, and daily transaction reports.
Our dashboard also delivers simplified, easy-to-read financial statements, trend analysis, and management reports so you can make informed decisions with confidence, without needing a finance degree.
Our team brings a diverse range of skills to the table, including CFOs, tax consultants, certified accountants, and automation experts. By collaborating and brainstorming, we implement bespoke solutions tailored to your unique reporting requirements, best practices and processes that optimize your finance functions and reduce errors and fraudulence.
Absolutely. Complex business models are what our senior team specializes in. We have extensive experience designing customized charts of accounts and finance architectures for businesses with multi-entity structures, multi-currency operations, cross-border transactions, free zone and mainland setups, and industry-specific accounting requirements.
We start by understanding your business model in depth, then work with you to assess which accounting software and reporting framework best fits your needs. Our team specializes in translating complex financial structures into clean, scalable, audit-ready systems, whether you're a Series A startup with international investors or a diversified group of UAE companies.
QuickBooks is a great tool, but a tool is only as good as the person using it. Accounting requires specialized knowledge of UAE tax law, FTA compliance rules, correct categorization of transactions, accruals, reconciliations, and financial reporting standards. When transactions are entered incorrectly, even small ones, those errors compound over time and show up in your board reports, tax filings, and investor documents.
More importantly, self-managed accounting costs you time you simply don't have. The hours you spend uploading receipts, reconciling bank statements, and chasing down invoices are hours you're not spending on growing your business, building your team, and doing what you actually love. Outsourcing to Finanshels gives you accurate books, compliant filings, and your time back, all for a flat monthly fee.
Very little. Our onboarding process is designed to be as smooth and low-friction as possible. Once you provide us with the necessary documents, bank access, historical records, relevant login credentials, and basic business information, we handle everything from there.
Ongoing, we typically need no more than 15–30 minutes of your time per month to review reports, answer occasional clarifying questions, and sign off on filings. Your Finanshels Finance Concierge manages all the day-to-day tasks so your team can stay focused on the business.
We are not a traditional accounting firm, and that's intentional. Traditional accounting firms typically offer reactive, periodic services: they process your books after the fact, file your returns, and send you a report. That's not enough for a growing UAE business.
Finanshels is a complete, tech-enabled finance solution. Think of us as your outsourced finance department. We combine a dedicated team of CFOs, tax consultants, and certified accountants with a real-time financial dashboard, bank feed integration, automated compliance alerts, and tools for expense tracking, payroll, and document management, all under one flat monthly subscription. We don't just keep score. We help you win.
Finanshels is a fully managed service. All data entry, transaction categorization, reconciliation, and reporting is handled by our in-house team of certified accounting professionals, supported by our AI-powered automation platform to maximize accuracy and speed.
Our model combines human expertise with intelligent automation: AI handles repetitive, high-volume data tasks while our senior accountants and CFOs focus on review, quality control, compliance checks, and financial judgment calls that require human expertise. The result is 100% accurate books, delivered on time, every month.
Outsourcing your accounting tasks can free up your time to focus on growing your company, building your team, and doing what you love. Accounting requires specialized skills and knowledge about compliance and government regulations. If you enter data incorrectly, the reports generated by accounting software can be misleading. Learning accounting takes a significant amount of time, and it can be a highly human-intensive process. Trust our experts to handle your accounting tasks, so you can focus on growing your business.
Yes, this is one of the core things we do. We review, update, and correct every transaction categorization on a daily basis and ensure that receipts are properly attached and filed within your accounting software. All receipts are also stored and organized in a centralized, secure Google Drive location so you always have a clean, audit-ready paper trail, no chasing, no lost invoices, no compliance gaps.
As much as your business needs. We don't bill by the hour, all the time our team spends on your account, whether by human experts or our AI-powered technology platform, is included in your flat monthly subscription fee. There are no surprise charges, no overtime bills, and no "that's out of scope" conversations. If your business needs more attention during a busy filing period or audit, we're there.
Finanshels is a full-service platform, where everything is managed by our in-house team of certified accounting experts. Entries into Accounting Software are made by a blend of human financial experts in collaboration with our AI-powered technology platform to deliver 100% accurate books.
Our Finance Team includes Chartered Accountants (CA), Certified Public Accountants (CPA), ACCA-qualified professionals, UAE-registered Tax Advisors, and experienced Chief Financial Officers, with a collective 100+ years of experience across UAE and international markets.
Every Finanshels Finance Expert holds relevant professional certifications and is also certified on the core accounting and financial platforms we use, including QuickBooks Online, Xero, Zoho Books, Bill.com, Expensify, and others. You're not getting a junior bookkeeper. You're getting a full-spectrum finance team.
Yes! We review, update, and fix every transaction categorization on a daily basis, and ensure receipts are properly attached within your accounting software. Finanshels also manages all receipts for you in a central Google Drive location.
The Finanshels Finance Concierge is your single, dedicated point of contact for all things finance. Rather than juggling multiple contacts for accounting questions, tax queries, CFO advice, and compliance requests, you have one concierge that connects you directly to your dedicated team of Finanshels Finance Experts.
You can reach your Finance Concierge via your dedicated company email address (yourcompany@finanshels.ai) or by scheduling a call with your finance team at any time. WhatsApp and Slack support are also available. Think of it as having your own finance department, just without the overhead.
We are not a traditional accounting firm. Think of us as a complete finance solution - offering access to CFOs, tax consultants, and certified accountants. Plus, we provide a real-time dashboard to track your metrics, integration with your bank accounts, payment gateways, and POS systems, and ready-to-use tools for expense tracking, payroll processing, and cloud-based document storage. Our automated technology stack acts as your dedicated finance department, eliminating the need for a learning curve.
Yes. Fundraising preparation is a core component of the Finanshels CFO Plan. We help you build investor-ready financial models, prepare your data room financials, clean up your historical books, structure your financial narrative, and ensure your numbers tell a compelling and credible story to prospective investors. Whether you're raising a seed round, Series A, or a debt facility, having clean, accurate, professionally prepared financials significantly increases your chances of closing successfully and on favorable terms.
A Fractional CFO is a senior Chief Financial Officer who works with your business on a part-time, outsourced basis, giving you CFO-level expertise and strategic financial leadership without the cost of a full-time hire (which in the UAE can run AED 400,000–600,000+ annually in salary and benefits).
Your Finanshels Fractional CFO handles the financial strategy your business needs to grow: cash flow forecasting, financial modeling, investor reporting, board deck preparation, fundraising support, budget vs. actuals tracking, and KPI monitoring. If you're at the stage where your bookkeeper is telling you the numbers but nobody is telling you what to do with them, you need a Fractional CFO.
Yes, absolutely. Board meeting finance preparation and presentation delivery is included as part of our CFO Plan. Our team prepares investor-grade financial reports, variance analyses, KPI dashboards, and forward-looking financial narratives that help you walk into every board meeting with confidence. We present the numbers in a format that tells a clear story, one that investors, board members, and advisors can engage with meaningfully.
The Finanshels CFO Plan includes a comprehensive suite of strategic finance services, all available for a flat monthly fee based on your business's monthly expenses:
Visit our Pricing Page for full details on what's included at each plan tier.
The FTA imposes significant administrative penalties for VAT non-compliance. Late filing penalties start at AED 1,000 for the first offence and increase to AED 2,000 for each subsequent instance. Errors in VAT returns can trigger additional penalties of 50% of the unpaid tax. Working with Finanshels ensures your VAT filings are always accurate, on time, and FTA-compliant, eliminating penalty risk entirely.
Our VAT services cover the full compliance lifecycle:
All VAT filings are prepared by FTA-accredited professionals and submitted on time, so you never face a late filing penalty.
If your business's taxable supplies and imports exceed AED 375,000 per year, VAT registration is mandatory under UAE Federal Tax Authority (FTA) regulations. If your turnover is between AED 187,500 and AED 375,000, voluntary registration is available. Failing to register when required can result in significant FTA penalties. If you're unsure whether your business meets the threshold, our team can assess your position in a free consultation.
Yes. There are multiple UAE-compliant strategies that can reduce your effective Corporate Tax rate, including free zone structuring, small business relief, qualifying group relief, transfer pricing compliance, and optimized expense categorization. Our tax consultants work proactively to identify every legal avenue to minimize your tax burden while keeping you fully FTA-compliant.
Corporate Tax returns must be filed within 9 months of the end of the relevant financial year. For businesses with a financial year ending December 31, 2024, the filing deadline is September 30, 2025. Missing the Corporate Tax deadline results in FTA penalties. Use our free Corporate Tax Deadline Checker to find your exact filing deadline.
Our Corporate Tax services include:
UAE Corporate Tax applies to the taxable income of all UAE businesses at a rate of 9% on profits exceeding AED 375,000 per year. Small businesses with taxable income below AED 375,000 are subject to 0% Corporate Tax. Free zone entities may be eligible for a 0% Corporate Tax rate on qualifying income, subject to meeting specific conditions. Finanshels helps you determine your exact liability, identify applicable reliefs and exemptions, and ensure your filings are submitted accurately and on time.
Yes. Finanshels offers a payroll manager service that administers all aspects of payroll for your company, including salary processing, WPS (Wages Protection System) compliance, payslip generation, leave management, and end-of-service calculations. We currently focus on payroll administration and do not offer broader HR services beyond this scope.
Yes. Bill pay and invoicing services are available to customers on Finanshels Full Service and Professional Plans. We manage your accounts payable process, reviewing, approving, and processing supplier payments, and handle client invoicing on your behalf, including follow-up on outstanding receivables. Learn more at our Pricing Page.
Finanshels defaults to accrual basis accounting, which is the IFRS-compliant standard required for most UAE businesses, particularly those subject to VAT and Corporate Tax. However, we can work with businesses that have specific requirements for cash basis accounting. We'll discuss the most appropriate method for your business during onboarding.
Finanshels provides fully managed, end-to-end bookkeeping services for UAE businesses. This includes:
All bookkeeping is performed by qualified professionals, reviewed by senior accountants, and delivered via your real-time Finanshels Dashboard.
Yes. Finanshels provides both statutory audit coordination and internal audit services for UAE businesses. Our team works with FTA-registered and internationally recognized audit firms to ensure your annual financial statements are independently verified and compliant with UAE regulatory requirements. We also conduct internal audits to help businesses identify process weaknesses, control gaps, and financial risks before they become problems.
Anti-Money Laundering (AML) compliance is a mandatory regulatory requirement for a wide range of UAE businesses, including Designated Non-Financial Businesses and Professions (DNFBPs) such as real estate agents, precious metal dealers, lawyers, accountants, and others. Non-compliance with UAE AML regulations can result in severe financial penalties and reputational damage. Finanshels provides full AML compliance services including risk assessments, policy development, transaction monitoring, and goAML portal registration and reporting.
Our compliance services cover the full spectrum of UAE regulatory requirements, including:
We monitor your compliance calendar proactively and ensure no deadline is ever missed.
Yes. We offer a complimentary Free Finance Review, a 1-on-1 session with a Finanshels senior consultant where we assess your current financial health, identify gaps, and recommend the right plan for your business. There's no commitment required and no sales pressure.
Finanshels currently offers a payroll manager service to administer all aspects of payroll for your company. We do not have formal HR services beyond this.
Finanshels defaults to using accrual basis accounting, but can work with companies who require cash basis accounting.
Finanshels offers transparent, flat-rate monthly subscription pricing, no hourly billing, no surprise charges, no hidden fees. Our plans are tiered by your business's monthly transaction volume and the scope of services required. Pricing automatically adjusts up or down based on the average of your past two months' activity, so you always pay a fair price that reflects the actual size of your business.
We offer three main plan tiers: Full Service, Professional Plan, and Enterprise Plan. Visit our Pricing Page for full details on what's included at each tier. Accounting packages start from AED 804 per month.
Yes. We offer both monthly and annual (upfront) payment terms. Annual plans include cost savings compared to month-by-month billing. All Finanshels subscriptions auto-renew at the end of each one-year period unless cancelled prior to the renewal date. There are no lock-in contracts for monthly plans.
Yes. All Finanshels customers, regardless of plan, have access to their dedicated Finance Concierge 24/7. You can reach your team via email, WhatsApp, or by scheduling a Zoom call with your finance experts at any time, at no additional cost. Premium response times and dedicated senior CFO access are available on our higher-tier plans.
