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Who are we?

Philip McmillanWoods Chartered Accountants is a renowned Audit and Assurance firm in UAE
with a presence of over 20 years.

Trusted Accounting & Auditing Partner in the UAE | Backed by a Global Network

At Philip McMillanWoods UAE, we are part of McMillanWoods International — a global association of multidisciplinary firms comprising chartered accountants, tax advisers, and business consultants. With a presence in over 77 countries and 250+ offices worldwide, we bring unmatched global expertise and local insights to help businesses in the UAE thrive in a fast-changing economic landscape.

Our international network empowers us to meet the cross-border and domestic needs of our clients with precision, speed, and strategic clarity. Whether you’re a local startup, a growing SME, or an international corporation, we’re here to support your business journey through every stage.

Your One‑Stop Destination for Accounting, Auditing & Compliance Services in the UAE

We offer end-to-end accounting and auditing services in the UAE, tailored to the unique requirements of businesses operating in free zones, mainland, and offshore jurisdictions. From routine bookkeeping to complex audits and VAT advisory, our team of seasoned professionals ensures compliance, accuracy, and financial clarity.

Our core services include:

  • Accounting & Bookkeeping
  • Statutory & Internal Audits
  • Corporate Tax Planning & VAT Filing (UAE Compliant)
  • Business Setup & Advisory
  • Compliance & Risk Assessment

 

Why Choose Philip McMillanWoods UAE?

🔹 Global Expertise, Local Knowledge
With access to a worldwide network of specialists, we provide global best practices adapted to UAE’s regulatory framework.

🔹 Compliance-First Approach
We stay up-to-date with the latest UAE tax laws, corporate regulations, and VAT guidelines, ensuring your business is always audit-ready.

🔹 People-Focused, Future-Driven
We’re committed to building a better future — for our clients, our people, and the wider business community.

🔹 Tailored Solutions
From early-stage entrepreneurs to established companies, we provide custom solutions that solve real business problems and drive growth.

We Work With Companies & Entrepreneurs to Solve Their Biggest Financial Challenges

At Philip McMillanWoods UAE, we believe that great businesses are built on trust, transparency, and sound financial strategy. Our team of expert auditors, accountants, and consultants are here to support you with practical insights, strategic planning, and reliable execution.

Whether you’re preparing for your first financial audit in the UAE, registering for corporate tax compliance, or expanding into new markets — we’re the partner you can rely on.

 

Valuation Services
Development of Financial Models
Corporate Financial Advisory
Deal Structuring
Feasibility Studies & Business Plans
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Why trust us?

20 + Years in UAE

Approved by Leading Banks and Regulatory Bodies in UAE

International Brand

Transparent in all our professional dealings

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Our Brand

McMillanWoods International is a global network of chartered accountants and business advisors headquartered in London, United Kingdom.
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Our Clients

The various industries we serve includes:

Construction

Food & Beverages

Interior Design

Hospitality

Trading

Oil & Gas

Manufacturing

Education

Healthcare

Automobile

Marketing

Travel & Tourism

Property & Real estate

Professional Services

Media & Printing

Hotels & Restaurants

Information Technology

Shipping & Logistics

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We help businesses build and grow!

In our endeavor to provide the best professional services, we follow the international standards and keep abreast with the latest developments in the respective fields of practice.
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Latest Articles

We explore some of the latest trends and strategies
How to Find the Right Chartered Accountants for Your Business in the UAE (And Why It Matters)
May 20, 2025
How to Find the Right Chartered Accountants for Your Business in the UAE (And Why It Matters)
  Running a business in the UAE comes with financial complexities—VAT, corporate tax, auditing, and compliance with the Federal Tax Authority (FTA). Hiring the right Chartered Accountants can save you money, prevent legal issues, and even help secure funding. But how do you find the best accounting service in UAE for your business? And why is this decision so critical?...
How to Learn Accounting for Your Business in UAE in 30 Minutes
May 14, 2025
How to Learn Accounting for Your Business in UAE in 30 Minutes
Starting a business in the UAE is exciting, but managing finances can be overwhelming—especially if you’re new to accounting in UAE. The good news? You can learn the basics of accounting quickly, even in just 30 minutes, and avoid costly mistakes. This guide breaks down essential accounting principles, UAE-specific rules, and smart ways to work with accounting firms in...
Understanding Participation Exemption Under UAE Corporate Tax: A Simple Guide for Businesses
April 19, 2025
Understanding Participation Exemption Under UAE Corporate Tax: A Simple Guide for Businesses
  The introduction of UAE Corporate Tax (CT) in 2023 marked a major shift for businesses in the UAE. With this new regime, companies now need to follow strict tax rules—but they also have access to several exemptions and deductions. One of the most useful among them is the Participation Exemption. If your company earns...
When and Why You Should Hire a CFO in Dubai, UAE
April 16, 2025
When and Why You Should Hire a CFO in Dubai, UAE
  Running a business in Dubai is exciting, but it also comes with challenges—especially when it comes to managing your money smartly. As your business grows, basic accounting is no longer enough. You need someone who can plan your finances, help you make smart decisions, and support your long-term business goals. That’s where a Chief...
Top Strategies for VAT Compliance in the UAE: Avoid Common Pitfalls
April 14, 2025
Top Strategies for VAT Compliance in the UAE: Avoid Common Pitfalls
The UAE’s introduction of Value Added Tax (VAT) in 2018 marked a significant shift in the region’s business landscape. While the standard 5% rate remains competitive globally, compliance requirements are stringent. At Philip McMillanWoods, we understand that navigating VAT regulations can be challenging for businesses of all sizes. This guide outlines proven strategies for maintaining compliance while highlighting common...
How to Start a Zero-Waste Fashion Brand in Dubai
March 17, 2025
How to Start a Zero-Waste Fashion Brand in Dubai
  Fashion today is changing, and sustainability is no longer a fad—it’s a requirement. As the emphasis on Dubai increases for green initiatives and the UAE’s vision of being a cleaner country in the coming years, starting a zero-waste fashion brand in Dubai is not only an intelligent business decision but doing the planet a...

Testimonials

We explore some of the latest trends and strategies
“We help our clients reimagine, restructure and renew business functions to create agile and resilient organizations.”
Keenan WebberCEO
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“We help our clients reimagine, restructure and renew business functions to create agile and resilient organizations.”
Keenan WebberCEO
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“We help our clients reimagine, restructure and renew business functions to create agile and resilient organizations.”
Keenan WebberCEO
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“We help our clients reimagine, restructure and renew business functions to create agile and resilient organizations.”
Keenan WebberCEO
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Managing Partner's Message

The global economy is being transformed. Traditional companies need to embrace themselves for an entirely new wave of competition. Thanks to the advancement of information technology and AI platforms, the new business are global-minded and function as micro-multinationals within the global value chain. In the new scenario, business need to be innovative to identify demand of the moment and deliver, which requires business decision making based on correct and reliable data that are very crucial elements. We at Philip McMillanWoods recognize the challenge and equip ourselves with global resources to cater to the local needs.
CA Thomas Philip FCA Certified Auditor (UAE), Founder and Managing Partner
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