One ledger for mainland and free zone entities
Plenty of Dubai founders hold two licences: a mainland LLC that sells to local customers and a free zone company that invoices overseas clients or other free zone firms. The two have separate trade licences, separate bank accounts and often separate tax positions. Keeping them in one spreadsheet is where most year-end clean-ups start.
In HelloBooks each licence is its own entity with its own chart of accounts, TRN and invoice template. On the Business plan you switch between entities from one login and run consolidated reports when the owner wants a group view. Intercompany recharges are posted as journals in both books so the balances agree.
- Separate entities for a mainland LLC and a free zone FZCO or FZE
- Each entity carries its own TRN on its tax invoices
- Group P&L across entities for the owner, with entity-level detail for the accountant