External Audit
Get your annual statutory audit done on time for licence renewal, banks and corporate tax, with books prepared and the auditor coordinated.
What this service covers
An external (statutory) audit is an independent examination of your annual financial statements by an approved audit firm. Many Free Zones require audited accounts to renew your licence, and audited statements are often needed for banks, tenders and corporate tax.
We close the year, prepare the statements and coordinate with an approved auditor so the audit is completed before your renewal or filing deadline.
Who it is for
- Free Zone companies renewing their licence
- Mainland companies required by banks or partners to have an audit
- Companies with corporate tax audit requirements
- Businesses changing auditors or catching up on missed years
How we help.
Year-end close
Reconciliations, accruals, provisions and cut-off.
Draft statements
IFRS financial statements and notes.
Auditor selection
Coordination with an auditor approved by your authority.
Fieldwork support
Answering queries and providing evidence.
Management letter
Addressing control points raised by the auditor.
Submission
Filing audited statements with the Free Zone or bank.
From first call to done.
Close the year
Complete books and reconciliations.
Draft
Prepare financial statements.
Audit
Auditor fieldwork and queries.
Sign
Final audited statements and report.
Submit
Filing before renewal or tax deadlines.
Starting the audit two to three months before your licence renewal or tax deadline leaves time for queries and avoids late penalties.
What you will typically need.
Exact requirements depend on your activity and the authority involved. We give you a tailored checklist after the first consultation.
Government fees, timelines and eligibility vary by authority, emirate and business activity. We confirm a written estimate after an initial consultation, before you commit to anything.
Typical documents
- Accounting records for the financial year
- Bank statements and confirmations
- Invoices, contracts and agreements
- Fixed asset register and depreciation
- Trade licence and shareholder details
Common questions.
Yes. We prepare the accounts and coordinate with an auditor approved by your Free Zone, then file the report.
Yes, catch-up audits are common. We rebuild records where needed and work through the years in order.
UAE companies generally prepare financial statements under IFRS (or IFRS for SMEs where permitted).
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Start Your UAE Company the Right Way.
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StartRight4U helps you make them right.
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Pick all that apply for your UAE business.
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