Fixed Asset Register & Depreciation Guide UAE

Learn how UAE businesses can control asset acquisitions, depreciation, transfers, impairment, disposals, net book value and register reconciliation.

A controlled fixed asset register keeps machinery, vehicles, computers, furniture and other long-term resources traceable from acquisition through depreciation, transfer, impairment and disposal. Source documents, locations, custodians and accounting values should remain easy to verify.

Regular reconciliation between the asset register and general ledger reduces year-end reconstruction work. Approved category policies, useful lives, residual values and depreciation methods should be applied consistently and reviewed with qualified advisers where reporting or tax treatment is involved.