Terms & Conditions

Last updated: 23/06/2025

1. Service Provider

Monetra UAE is operated by Monetra Kft., a registered Hungarian company (Company Registration No.: 01-09-434260). All services are delivered remotely and governed under Hungarian and applicable UAE laws.

2. Scope of Services

  • Monthly bookkeeping and accounting services for UAE businesses.
  • Recording of outgoing invoices (sales), incoming invoices (purchases/expenses), bank transactions, and cash register (if applicable).
  • Preparation of a VAT return draft according to UAE VAT law. The draft is for information only; the client’s representative must file it via the EmaraTax portal.
  • Preparation of a Corporate Tax draft return according to UAE Corporate Tax law. Final filing remains the client's responsibility.
  • Advisory or official filing is not included unless agreed separately in writing.

3. Document Submission

Clients must provide all supporting documents (invoices, bank statements, receipts) in digital form by email or by uploading to a shared cloud folder (e.g., Google Drive) by the agreed date each month. Monetra UAE is not responsible for delays or errors due to late or incomplete submissions.

4. Payments

  • Clients pay a fixed monthly fee according to the selected package.
  • Payments are charged automatically each month via Stripe using secure card subscription, in AED currency.
  • Invoices are issued by Monetra Kft. and include 0% VAT, as the provider is an EU-registered company.
  • Payments are due in advance and are non-refundable once the month has started.

5. Client Responsibilities

  • Clients guarantee all data and documents provided are accurate and complete.
  • Clients remain responsible for submitting the final VAT and Corporate Tax returns via EmaraTax or to UAE tax authorities.
  • Clients must promptly notify Monetra UAE of any changes to business structure, turnover, or tax status.

6. Term and Cancellation

These Terms apply on a month-to-month basis and renew automatically with each payment. Clients may cancel at any time with at least 30 days’ written notice before the next billing cycle. Monetra UAE may suspend or terminate services if payment fails or if there is misuse or non-cooperation.

7. Liability

Monetra UAE performs bookkeeping and prepares draft returns based on client-provided information. We are not liable for penalties, fines, or indirect losses resulting from inaccurate or incomplete data. We are not responsible for errors in how the client files final VAT or Corporate Tax returns.

8. Governing Law

These Terms are governed by Hungarian law and, where relevant, UAE regulations. Disputes are subject to the exclusive jurisdiction of Hungarian courts.

9. Changes

Monetra UAE may update these Terms & Conditions to reflect changes in laws or operations. The current version is always available on our website.

10. Contact

For any questions, please contact us:
[email protected]