Industries
Accounting and Tax Support for UAE Real Estate Businesses
Bookkeeping, VAT and Corporate Tax support for UAE businesses that sell, lease or manage property.
How property businesses keep their records
A brokerage, a property owner and a facilities manager do not record income in the same way. Commission is often earned at transfer. Rent is earned over a lease. Service charges and maintenance sit on a different cycle. The ledger has to follow the contract, not a single monthly template.
Score Plus Auditing L.L.C supports real estate SMEs with bookkeeping, financial reporting and tax consultancy. We do not assume every property activity is taxed alike.
VAT considerations
The Ministry of Finance distinguishes commercial property from residential property. Supplies of commercial property, including sales and leases, are generally taxable at the standard rate of 5%. Residential property is treated differently, and the first supply of a new residential building can be zero-rated in cases defined by the law.
A mixed portfolio can therefore produce standard-rated, zero-rated and exempt income in the same period. Input tax recovery follows that mix. We look at the contracts before a VAT return is prepared.
Corporate Tax and audit
Rental income, gains and brokerage profit all feed into taxable income, subject to the adjustments in the Corporate Tax law. The 0% and 9% bands apply to taxable income, not to the value of the properties themselves.
Whether audited financial statements are required depends on the company’s legal form, its licensing authority and any requirement from a bank or joint owner. We do not treat an audit as automatic for every real estate company.
Related services
Bookkeeping
Monthly bookkeeping, bank reconciliation and financial reporting for UAE SMEs that need records they can rely on.
BookkeepingVAT Services
VAT registration support, return support and practical compliance for UAE businesses that need the rules applied to their own supplies.
VAT ServicesCorporate Tax
Corporate Tax registration, compliance and return support for UAE businesses, based on the current federal rules.
Corporate TaxAuditing
Independent audit and audit-support work for UAE companies that need clear financial statements and a practical review of their reporting.
Auditing