Let us make it straight if you’re wondering whether you should hire an auditing company Dubai!
The Commercial Company law in the United Arab Emirates illustrates that all enlisted enterprises must maintain their financial documents for at least five years and perform an annual audit. The businesses functioning in Free Zones and on the Mainland must audit their accounts. Federal law number two of 2015, Article 27, articulated that each firm outsources certified auditing services in Dubai. Underneath the Ministry of Finance, if an entity fails to present and maintain its documents per UAE auditing criteria, it must disburse hefty penalties.
That is why it is clear for company owners to schedule and present audit reports to the appropriate authorities. It will take up to 3 to 6 months to finish the audit after the end of the financial year.
Every business enlisted in the UAE must perform an audit by observing UAE laws to generate income. It confirms the books of records, due taxes, claimed refunds, and other financial or non-financial affairs. There are numerous kinds of audits, such as internal audit, external audit, Statutory audit, excise tax audit, Financial audit, VAT audit, Operational audit, Compliance audit, Information system audit, and Payroll audit.
If you are looking for auditing companies in Dubai, we have the right suggestion!
If you have been looking around for auditing companies, look no further than AAB. We are an experienced Emirati Audit and Accounting establishment in Dubai, UAE. We are an emerging establishment in the world of auditing and accounting assistance that has earned a reputed impression among the other industry sectors in Small and Medium-sized corporations in Dubai and Sharjah.
A highly determined firm supplying quality audit assistance at a reasonable cost would set us apart from different audit establishments in Dubai.
Our establishment caters to self-sustaining audit accounting services in UAE, provided to add helpful insight and suggestions to your company. We assist companies in navigating risks and elevate the role of Internal Audits with the help of our professional auditors. In addition, we have vast experience providing a range of statutory and internal audit, governance, risk and compliance support services.
We supply another dynamic advantage of Internal audit service in Dubai. Our service is interested in supporting business associates to attain their purposes and objectives. It is concerned with evaluating and improving the effectiveness of an organization’s risk management, control and governance processes.
Therefore, if you are searching for an audit firm Dubai, contact AAB – Auditing, Accounting & Bookkeeping firm in Dubai!