Contracting and construction · the United Arab Emirates
You win work against a bill of quantities and then spend months discovering what it actually cost. Labour, plant, subcontractors and materials arrive on different paperwork at different times, and by the time they meet in the accounts the project is finished and the number is history.
What usually goes wrong
What matters here
Rate, quantity and executed measure held per line, so the gap between what was priced and what was built is visible while the work is still running.
Interim applications raised against measured work, with retention held as a receivable that has a release date rather than a note in someone's file.
Work packages, back charges and advances tracked against each subcontractor, so a payment certificate reflects what was actually done on site.
Equipment hours, wages and issued material posted against the project that consumed them, so job cost is a live figure rather than a year-end exercise.
Operating in the United Arab Emirates
Currency
UAE dirham (AED)
Timezone
GST (UTC+4)
Tax and invoicing
VAT is configured to your registration during onboarding, with rates and return periods set to match the Federal Tax Authority's requirements.
Elsewhere
Other sectors in the United Arab Emirates
Or read the full Contracting and construction overview.
