We’ll take the complexity and hassle out of all your accounting, audit and tax needs.
In 2024, the Federal Tax Authority (FTA) carried out over 90,000 inspection visits, reflecting the UAE tax administration’s increased focus on compliance. The FTA’s 2023–2026 Strategy confirms that tax audits are risk- and compliance-based, meaning businesses are selected for review either through random sampling or on the basis of specific risk indicators. In this guide, […]
The UAE has been making significant efforts to implement its tax laws and regulations. It is also making advances in having proper financial records, as the supporting documents are compulsory for business compliance. As a startup, an SME, or an established organisation, knowing what may raise a red flag for a VAT Audit in UAE […]
Did you know? Your business could still face an FTA review even if audited financial statements aren’t mandatory. Not all businesses will be subject to a corporate tax audit in UAE, but every taxable person is expected to comply with accurate records and with the requirements of the Federal Tax Authority (FTA). Not fulfilling these […]
As businesses begin to face tougher compliance and reporting requirements for 2026, having proper knowledge of all external audit requirements has become important. Companies in the UAE mainland and free zones must now prepare accurate financial statements and in many instances, companies have to be audited by an external auditor due to the introduction of […]
Not every business in the UAE needs a financial audit. Whether your company needs one depends on your revenue, your tax status, your free zone authority, and sometimes your shareholders or lenders. This guide explains exactly who is required to audit, how the audit process works from start to finish, and what a financial audit […]
An audited set of financial statements can be required for an SME to access funding and a free zone company may need to meet reporting requirements by the free zone authority. Meanwhile, the new law has made corporate tax a must, keeping proper financial records and supporting documents more critical than ever. We at Audit.ae […]
Audit season rolls around every year. And every year, the same thing happens in businesses across Dubai: somebody realises too late that the books aren’t ready, the auditor hasn’t been booked, or the free zone deadline is closer than it looked on the calendar. If you’re a free zone company owner or a finance manager […]
External audits play an essential role in improving financial transparency, regulatory compliance, and investor confidence within the United Arab Emirates (UAE), mainly in vibrant business hubs like Dubai. As businesses within the UAE navigate a dynamic and competitive marketplace, the significance of engaging professional external auditors in Dubai and throughout the UAE has by no […]
Hospitality businesses in the UAE work in a highly competitive and regulated environment, where it is necessary to maintain financial transparency and compliance. Preparation of an annual audit is an important process that not only ensures legal adherence, but also helps in improving financial efficiency and operational performance. This blog is a comprehensive guide on […]
For business owners within the UAE, knowing the difference between audit and tax-filing is critical for compliance and financial health. Both processes are critical, however, they serve distinctive purposes, and partnering with the right professionals—along with auditing firms in Dubai —can make all the difference. What Is an Audit? An audit is a […]
