Skrooge.ai is an AI-powered accounting and tax services platform for UAE businesses, combining senior accountants with automation to handle bookkeeping, VAT, and corporate tax. The platform automates data collection, invoice processing, and report generation while providing proactive deadline management and multi-layer verification. It targets small businesses, startups, and high-volume enterprises across Mainland and Free Zones, with tax services integrated into the accounting package.
Funding
Funding not disclosed
Founders
Product
Problem
UAE businesses often struggle with fragmented accounting and tax management, relying on multiple providers that create mismatches between filed returns and ledger records. Manual bookkeeping processes lead to late filings, non-compliant invoices, and costly tax penalties, while founders waste time chasing accountants for updates and reports.
Solution
Skrooge.ai delivers a tech-enabled accounting and tax service where senior accountants work alongside an AI platform to manage books, VAT, and corporate tax end-to-end. The system automatically collects bills and bank statements, generates invoices from text or voice notes, and provides instant report generation, with all filings passing through a three-layer review process (AI → Accountant → Tax Manager) before submission. Tax services are structurally integrated into the accounting package, ensuring books, VAT, and corporate tax remain aligned with no contradictions for FTA or investors. The platform proactively tracks deadlines, flags missing or non-compliant invoices early, and offers practical tax advice on UAE-specific issues like Free Zone rules and cross-border flows.
Target Audience
Primary customers are UAE-based small businesses, startups, freelancers, online sellers, retail shops, restaurants, and high-volume enterprises operating in Mainland or Free Zones (DMCC, JAFZA, DIFC, ADGM) that need reliable accounting and tax compliance without hiring in-house staff.
Features
- AI-powered transaction categorization and invoice automation that captures bills and bank statements automatically from email and connected data sources
- Three-layer verification system (AI engine → accountant → tax manager) for all filings, reducing penalty risk and ensuring compliance
- Real-time reporting and analytics dashboard that provides profit breakdowns, cost-cutting insights, and instant answers to financial queries
- Integrated tax management covering VAT and corporate tax filing, EmaraTax portal setup, and ongoing tax advisory within the same package
- Support for high-volume transaction processing (500+ transactions/month) with payment gateway and marketplace lines (Stripe, Amazon, Network Int.) counted at a reduced rate
- Seamless migration from existing systems with P&L, cash flow, and balance sheet exports to Zoho Books, plus compatibility with Zoho POS and Loyverse POS systems