Business process outsourcing
Finance and accounting outsourcing
Corpshore Emirates runs finance and accounting operations from Dubai and Abu Dhabi across accounts payable, accounts receivable, reconciliation, VAT and corporate tax support, management reporting and month-end close. The work is delivered to a UAE reporting calendar by teams that understand the local tax regime, so the ledger is accurate and the close lands on time.
The UAE finance function has changed. VAT arrived, corporate tax followed and the reporting expectations on a Gulf business are now closer to a mature market than the tax-free reputation suggests. Corpshore runs the transactional and reporting layer of that function as a measured operation, so payables clear, receivables are collected and the month closes without a scramble.
The service covers the full transactional cycle and the reporting on top of it. Accounts payable and receivable, bank and account reconciliation, VAT and corporate tax support, management reporting and month-end close run under one team, connected to the client's own accounting system. It is finance operations delivered with local regulatory awareness, not generic bookkeeping.
What this service covers
Accounts payable
Invoice capture, coding, matching, approval workflow and payment preparation, with supplier query handling and duplicate-payment controls.
Accounts receivable
Invoicing, cash application, collections and dispute handling to a defined credit policy, with ageing visibility on the ledger.
Reconciliation
Bank, account and intercompany reconciliation with a documented process for identifying, ageing and clearing unreconciled items.
VAT support
Preparation and support for UAE VAT returns, with transaction coding and record-keeping to the standard the Federal Tax Authority expects.
Corporate tax support
Data preparation and support for obligations under Federal Decree-Law No. 47 of 2022 on Corporate Tax, coordinated with the client's tax adviser.
Management reporting
Preparation of management accounts, variance analysis and reporting packs to the client's chart of accounts and reporting calendar.
Month-end close
Journals, accruals, prepayments and the close checklist run to a defined timetable, so the period closes on schedule.
General ledger maintenance
Upkeep of the ledger, chart of accounts and master data, with access governance and a clear audit trail.
How it is delivered from the UAE
Delivered from Dubai and Abu Dhabi in Arabic and English, to the client's reporting calendar and on the coverage model the close and the payment runs require. A blended onshore plus offshore model keeps UAE tax and regulated reporting work in the Emirates and places high-volume transaction processing in the wider network, under one account and one governance structure.
Small
3 to 10 peopleA core finance pod covering payables, receivables and reconciliation, with a team lead and shared review, suited to a single entity.
Mid-market
10 to 30 peopleDedicated payables, receivables and reporting teams with a qualified reviewer, a reconciliation lead and a coordinator, spanning multiple entities.
Enterprise
30 people and aboveA multi-entity finance operation with an operations manager, a controllership review layer and an account director, blended across the UAE and the wider network.
Compliance and data handling
- Financial data handled under UAE Federal Decree-Law No. 45 of 2021 (PDPL), with DIFC Data Protection Law No. 5 of 2020 or ADGM Data Protection Regulations 2021 applied where the client or the processing sits in those jurisdictions.
- VAT record-keeping and return support aligned to UAE Federal Tax Authority requirements, and corporate tax support aligned to Federal Decree-Law No. 47 of 2022.
- Central Bank of the UAE outsourcing expectations met where the client is a regulated financial institution, with the controls and reporting that requires.
- Segregation of duties, maker-checker controls and role-based access, so payment preparation and approval are never held by the same hands.
Technology
- The client's own accounting and ERP system, operated by our teams
- Accounts payable automation and invoice capture tooling
- Reconciliation and close management tooling
- Robotic process automation for rules-based, high-volume steps where the client adopts it
KPIs and reporting
- Close timetable adherence. Days to close against the agreed timetable, monthly, with a variance note on any slippage.
- Payables and receivables accuracy. Error and rework rate per cycle, with duplicate-payment and mismatch controls tracked.
- Days sales outstanding and collections. For receivables, against the credit policy, with ageing detail.
- Reconciliation currency. Percentage of accounts reconciled on time and ageing of open items.
- VAT and tax filing readiness. Against each filing deadline, with data-quality checks completed ahead of submission.
Governance cadence
Daily processing controls, a weekly review of exceptions and ageing, a monthly close and business review against the service level agreement and a quarterly review aligned to VAT periods and the corporate tax calendar. Escalation paths and named contacts are agreed at contracting and tested during onboarding.
Industry applications
Real estate and proptech
Service-charge accounting, tenant billing, supplier payments and reporting across a property or agency portfolio.
Retail and ecommerce
High-volume payables, cash application and reconciliation across channels and payment providers, with VAT coding on each transaction.
Hospitality, travel and aviation
Multi-property or multi-entity payables, receivables and month-end close to a group reporting calendar.
Energy and utilities
Contract-linked payables, project cost tracking and management reporting for capital and operating spend.
Pricing and engagement models
Frequently asked questions
Does Corpshore support UAE VAT and corporate tax?
Yes. Corpshore prepares and supports UAE VAT returns with transaction coding to Federal Tax Authority standards, and prepares data for obligations under Federal Decree-Law No. 47 of 2022 on Corporate Tax. The work is coordinated with the client's tax adviser rather than replacing formal tax advice.
Will Corpshore work in our accounting system?
Yes. Corpshore teams operate the client's own accounting or ERP system rather than moving the ledger into a separate tool. Automation for invoice capture, reconciliation or rules-based steps can be layered on top when the client adopts it, but the system of record stays the client's.
How does Corpshore keep financial controls tight?
Segregation of duties and maker-checker controls are built in, so payment preparation and approval are never held by the same person. Access is role-based, an audit trail is maintained throughout and duplicate-payment and mismatch controls are tracked as part of routine reporting.
Can you close the month to our timetable?
Yes. Month-end runs to a defined close checklist and timetable agreed with the client, covering journals, accruals, prepayments and reconciliations. Days to close is reported against the agreed target every month, with a variance note on any slippage so the cause is addressed.
How much can finance outsourcing save against an in-house team?
Corpshore typically reduces the cost of an in-house UAE finance function by 40 to 65 percent, and up to 75 percent on blended onshore plus offshore delivery. The saving depends on transaction volume, the number of entities and the reporting complexity, and is modelled against your baseline during scoping.
Is our financial data handled securely?
Yes. Financial and personal data is handled under the UAE PDPL, with DIFC or ADGM data protection law applied where relevant and Central Bank expectations met for regulated institutions. Access is role-based, duties are segregated and retention follows your regulatory and audit requirements.
Can you handle multiple legal entities?
Yes. Corpshore runs multi-entity finance operations with intercompany reconciliation and consolidated reporting to a group calendar. Each entity keeps its own ledger and controls, and reporting rolls up to the parent, which suits UAE groups holding several licences or free zone entities.
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