As you all know, Chartered Accountants from India travel to the Gulf States for various reasons. Gulf states are an attractive destination to live in due to their robust economies, social security benefits, and proximity to India.
Since their professional requirements and curriculum are applied uniformly across the board in each of these countries, CAs in particular face an uphill battle. So, what should the Dubai CA salary be in order to succeed in this environment? How much of a CA Dubai salary is enough to have a sustainable living there?
Let’s have a brief about them in this article.
How much does CA earn in Dubai?
In Dubai, the average monthly salary for a Chartered Accountant is roughly 19,100 AED. The lowest salary is 8,970 AED, and the highest is 30,200 AED (highest).
How can I join CA in Dubai?
CA students are required to complete a 3-year internship with a practicing certified public accountant, which is part of the CA curriculum. Students who have enrolled through the CA foundation route can register for Articleship after passing the first group of IPCC (CA intermediate).
Students who have applied under the Direct entry scheme (after graduation) can directly opt for Articleship but can register for CA final only after passing both groups of IPCC. CA articles can be done in India or abroad.
1. Look for a company in India that has an office in the UAE:
The majority of companies operating in the UAE are based in India and have established a subsidiary in the UAE. A student who wants to do Articleship in UAE can join a company that has branches in UAE and accordingly do his training in a particular branch by notifying ICAI as an internal branch transfer.
Students can also gain work experience by training with such companies in both India and the UAE and dividing their training time according to mutual agreement between the client and the article.
2. Find a company that practices or is an approved member in the UAE:
A chartered accountant practicing abroad is entitled to train an assistant, provided that his principal occupation is the practice of the profession of CA. This happens during the time of hiring the assistant and also in each of the qualification years based on which he claims the right to train assistants.
All members working as paid assistants or as partners in a foreign audit firm are also eligible to train assistants equivalent to paid assistants in an audit firm in India. All the conditions applicable to the paid assistants in India would also apply to them.
However, in the case of a foreign firm, at least one partner must be a member of the Institute or qualify for membership as per MRA. The students should also consider the following points before opting for Articleship abroad:
- It is best to apply for a VISA to the country as soon as possible, as the process can be lengthy.
- The cost of living abroad is minimal because the stipend prescribed by ICAI is minimal, and requirements may not be met.
- You should also plan for final exam preparation, such as opportunities to take courses or attend tutoring centers abroad, and the vacation days required to do so.
Does CA have a scope in Dubai?
As a financial and trading center for the region and a country with close business ties to India, the UAE offers a wide range of opportunities for accountants. The salaries offered will vary based on experience level, firm kind, etc.
How much a CA Inter can earn in Dubai?
The average annual pay for an accountant ca inter in India is INR 3,60,000 or INR 144 per hour. Most experienced workers can earn up to INR 6,54,000 per year, while entry-level roles start at INR 2,70,000 per year.
Where is CA’s salary highest?
The Average Salary in Reliance Industries is Rs. 25-45 Lakhs/year(Highest)
The Average Salary in Hindustan Unilever Ltd is Rs. 10-36 Lakhs/year
The Average Salary at Deloitte is Rs. 14-35 Lakhs/year
FAQs – CA Dubai Salary
What is the salary of ICAI in Dubai?
The average monthly salary of the Institute Of Chartered Accountants Of India (ICAI) in UAE is AED 19,750
Which country is best for a CA job?
After Romania, UAE is the best country for a CA job.
In which country CA is highly paid?
The Average Salary in UNITED KINGDOM is US$165,000 and it is the highest.
Is CA valid in Dubai?
If you complete your CA course, then there are good opportunities for semi-qualified CAs in Dubai. But the opportunities for a qualified Chartered Accountant are far far better.
Can I do Indian CA in Dubai?
Opportunities are endless for Indian Chartered Accountants in the United Arab Emirates, especially given how significantly Indian CAs contribute to the economies of Dubai and the other Emirates of the UAE.
To wrap up:
This blog covers the approximate salary range as it may differ based on other factors. Based on experience, skills, gender, or location, Chartered Accountant salaries vary drastically. But still, we hope you have given you a rough estimation of how students can manage as a CA in UAE with a CA Dubai salary.
We hope this article is completely beneficial to all CA students and clears your doubts and queries related to Dubai CA salary.
