IDMS Accounting Services

Operating from Dubai, IDMS is a professional services firm offering accounting, taxation, audit and management consultancy across the United Arab Emirates. The Federal Tax Authority has accredited the firm as a tax agency, which the firm highlights in its own material. It describes its team as qualified tax experts, tax agents, professional accountants, auditors and consultants, who together bring more than thirty years of combined experience to clients of every size.

Bookkeeping and monthly reporting

Onsite and offsite bookkeeping

Accounting and bookkeeping services are offered to all types of business in the UAE, with work carried out either at the client's premises or from the firm's own offices. The firm prepares monthly, quarterly and annual financial statements, and it reviews financial performance through measures such as the ageing analysis of inventory, receivables and payables and ratio analysis.

Financial reporting and payroll

Reporting covers the statements that owners and lenders need, along with management reports that show where money is going. The firm also manages payroll and supports clients with accounting software, so that the records behind the payroll and the books match.

VAT, excise and the new tax regime

Tax compliance through a changing system

Taxation is one of the firm's main areas. It describes a team with deep knowledge of local and international tax environments, which helps businesses transition to the new tax regime and keep up with compliance. The work includes VAT and excise, filing returns, and handling VAT registration from start to finish.

VAT consultancy across borders

The firm offers VAT consultancy drawing on its exposure to tax regimes in several countries. The aim is to help clients meet UAE rules while keeping their operations profitable, which means looking at how transactions are structured as well as how they are reported.

Audit that supports management controls

Risk-based audit

Audit and assurance work follows a risk-based methodology. The firm monitors the client's risk and control environment and helps management put appropriate controls in place. It describes its internal audit and advisory services as a means of complying with regulatory demands and accounting standards, and of finding the problems that cause day-to-day losses.

Business setup, corporate finance and CFO support

Beyond compliance, the firm offers business plans, corporate finance, CFO services and help with setting up a company in the UAE. Its management consultants analyse finances to help leaders decide where to cut costs and how to raise overall profitability, supporting decisions with proper business and financial analysis.