Auditors in Dubai are one of the best professional service providers in Dubai, UAE in the finance sector. Financial Auditing Service is mandatory for most of the companies registered in Free Zones in UAE. EmiratesCA are Bank listed top financial auditors in Dubai, UAE. For example, companies registered in Free Zones in Dubai like JAFZA, DAFZA, Silicon Oasis, DMCC, JLT etc. have to get audited their books of accounts at the end of every financial year for renewing their trade licenses.
In the case of other Emirates, Free Zones such as RAK Free Trade Zone, HamriyaFree Zone SAIF Zone etc also mandate the requirement of auditing the books of accounts of the companies registered in the respective free zones in each year to get their license renewed. Whereas the branch companies registered in the free zones are mostly excluded from the requirement of auditing the books of accounts for license renewal. The books of accounts of such free zone companies are to be closed by 31st December in every year. Emiratesca also helps in company registration in various free zones like Dubai by handling the complete process of company incorporation in UAE.
As per the provisions of the Memorandum of Association (MOA) of the companies registered in the mainland as Limited Liability Company(LLC), auditing is to be done in each financial year. But it is not mandatory in practice, and many companies are not followed the same.
Memorandum of Association (MOA) the companies registered in free zones and mainlands do not prescribe to maintain the books of accounts as per the provisions of IFRS (International financial reporting standards). But the banks in UAE, demand the books of accounts of their customers to maintain as per the guidelines of IFRS (International financial reporting standards) and to get audited every year.
United Auditing is audit division of Emirates Chartered Accountants Group an ISO 9001- 2015 certified auditing firm in UAE Dubai. It is a member of IEC Net an International association of Accountants Auditors and Tax consultants.
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