As per the UAE company law, all the companies operating in the Emirates are required to maintain a record of the account which should undergo yearly auditing by Government approved audit firms. The VAT laws entitle the UAE Federal Tax Authority to inspect a company’s books of accounts and supporting documents at any time. Hence, audit report submission to authority is a mandatory requirement in most of the sectors in the country. Seems confusing?
Do not worry. Our experienced chartered accountants are here to help you with everything related to accounting and taxes in the Emirates. They evaluate and make a report of your financial transactions most feasibly and beneficially possible.