Audit Services in Dubai
Auditors in Dubai
Mideast Accounting offers audit services for businesses in Dubai and Northern Emirates. We follow the best accounting & audit practise acceptable and compatible with the UAE’s accounting principles. We offer both internal and external auditing services as per the requirements. We arrange audits for mainland companies and major freezones across UAE.
Internal Audit services in Dubai
As an internal auditor, we investigate how your company performs, the processes involved and risks that may impact your business. Our reporting will give you a complete and comprehensive preview of your company. Our functional reporting includes risk assessment, determining fraud or malpractise if involved, ensuring internal controls are in place and future recommendations to ensure your business is in compliance with the law.
External audit services in Dubai
As a external auditor, we perform statutory audit of your business financials to express our opinion to ensure and report if the financial statements prepared are fair and true and in accordance with the reporting framework. Apart from that statutory audits are also required for government authorities, Freezones, Tax Authorities, Financial insitutions, Merger & Acquisitions etc.
Purpose of audit
Apart from the company’s requirement to seek the financial position, audit reports are mandatory for major freezones, obtain a tax domicile certificate for business, Liquidation, obtaining loan or facility from UAE banks, selling your business, getting UAE government projects as some authorities need a audit report etc.
It is mandatory to submit audit report at the end of the financial year for companies based in JAFZA. A grace period of 90 days is given to submit failing to which portal restrictions and penalties will be applied. To arrange an audit from JAFZA approved auditors please contact us
As per the Approved Auditors Rules (AAR) issued on 12th January 2017,DMCC Companies have to submit audit report along with Financial Statements Summary Sheet through portal within 90 days after the end of each financial year. Failing to which you will be subjected to portal ban & penalty till the audit report is uploaded and verified by the DMCC’s compliance team.To arrange a audit from registered auditors in DMCC please contact us
All RAKEZ registered companies have to audit their financial statement done through a registered auditor end of financial year. Failure to submit within 3 months of grace period will be penalised AED 2500 or suspending the services till submitted. To arrange a audit from RAKEZ approved auditors in UAE please contact us
Audit is mandatory for both FZCO & FZE in DAFZA freezone periodically each financial year in compliance under DAFZA’s law & regulations failing to which fines may be imposed and also termination of services. To arrange an audit from registered audit firms in DAFZA please contact us
According to Ajman Freezone authority, a company registered in this freezone has to get the financial statements audited and submitted to the office within 6 months from the end of the financial year. For auditors in ajman please contact us
We arrange audit for banking facilities
For audits concerned with banking facilities and loans we prepare the audit in compliance with the bank and get it reviewed & stamped by our partner firm, a category 1 listed auditor with the bank at a relatively less fee.
Annual Audit for Freezones
We offer annual audit services which is mandatory for major freezones through our audit partners. The audit report is prepared as per the freezone requirement by our freezone approved audit partners. Our charges for freezone audit starts from AED 2500 for small firms & startups.