Audit in Free Zones UAE
Approved Auditors in Free Zones UAE
Xact Auditing is the partner of all the approved auditors in Free Zone UAE. An audit in a free zone in the UAE is a review and examination of a company’s financial records and statements to ensure they comply with the accounting standards and regulations set by the free zone authority. We provide audits in free zones UAE as per compliance and regulation. In UAE, there are multiple special zones which are known as free zones. Free zones have special laws, rules, and regulations in regards to tax, operations, imports, and many others that are specifically designed and prepared for the functioning of these free zones.
Free Zones Approved Audit Firm in UAE
Companies that are registered in the free zones and own a free zone trade license are required to submit an audited annual financial statement at the time of renewal of their free zone trade licenses.
Companies in the free zone can choose their own financial year as per their requirement. But that chosen financial year should commence from the date of incorporation and must not be less than 6 months and no more than 18 months.
Audit Services for Free zone Companies in UAE
It is mandatory for all the businesses registered under free zones to conduct an annual audit and submit it to their respective authorities. If they fail to submit an audit report then it may lead a registered business to be penalized with a heavy fine.
To avoid the fines and penalties, the audit in the free zone needs to be conducted. Xact Auditing is one of the leading audit firms in UAE. We are registered and approved with all the major free zones in the UAE and provide the annual report in the same manner as it is required by the free zone.
Associations with audit firms in UAE
Being an approved free zone auditor in Dubai UAE, the team is well experienced and qualified to handle the audit as per the regulations and compliance requirements of the free zones.
Xact Auditing is also associated with many other audit firms operating in different free zones all over UAE. We can provide all kinds of audit reports from any of your desired free zone.
Audit in free zones
Xact Auditing is registered in the following free zone of UAE:
- Approved Auditors in DMCC
- Approved Auditors in DAFZA
- Approved Auditors in SAIF Zone
- Approved Auditors in IFZA
- Approved Auditors in Shams Zone
- Approved Auditors in DWC
- Approved Auditors in Dubai World Trade Centre
- Approved Auditors in UAE Free Trade Zone
- Approved Auditors in RAKEZ
- Approved Auditors in JAFZA
- Approved Auditors in DIFC
- Approved Auditors in Ajman Free Zone Authority
Best Auditing Services in Dubai
Xact Auditing is offering all kinds of best auditing services in Dubai that includes: