One-time set up fee for the first year: AED 3000
Monthly fee for accounting and reporting
Monthly cloud-based accounting software fee: AED 110
If the number of employees for payroll exceeds a slab rate, the monthly fee for each employee will be on a pro-rata basis, until the fee reaches the next slab rate.
For example, 22 employees will be charged at AED 3,245 (2,950 + (2,950/20*2).
In addition to the professional fees specified above, VirtuAccounts shall charge an additional 5% of the total fees towards out-of-pocket expenses.
Should any additional support be required, this will be billed at an hourly blended rate of AED 375 per hour.