CDA is one of the registered auditors in DDA to conduct audit functions to businesses, Government organizations etc. As DDA approved auditors, we provide true insight into the financial status of your business and suggestions to improve the current situation, shedding light on the underlying risks. Considering the importance of auditing in Dubai Development Authority businesses, CDA offers quality accounting and auditing services to satisfy the needs of the clients in accordance with the laws of the Emirates.
Dubai Development Authority is a Dubai Government entity which is mandated to play a major role in the future growth of Dubai’s economy. The overall development of municipal, economic and immigration functions across free zone clusters are its main aim. It set global standards for urban business services. It promotes business-friendly environments to its stakeholders, including real estate developers and all strategic partners. The authority’s guidelines and standards are to become a global leader in competitive excellence.
Dubai Development Authority focuses on three main activities:
As per the regulations of DDA, an independent auditor is appointed who is registered with the DDA. DDA approved auditors are allowed to prepare all the required financial reports of the company. The registered auditors in DDA examines:
If DDA approved auditors find the company’s accounts do not agree with the accounting records, then it must be stated in the auditor's report. The authorities require a true and fair view of the financial practices within the companies. The registered auditors in DDA submit annual accounts reports along with the auditor's opinion.
If a company in DDA fails to submit the audited financial statements:
Companies can request for an extension of the deadline for the submission of the audit reports from the registered auditors in DDA.
As per the Memorandum of Association of Dubai Development Authority (DDA) audited financial statements of the companies to be submitted within 90 days from the end of the financial year. In case of failure nonrenewal of license and penalty to be charged.
CDA is a highly regarded audit firm in Dubai, UAE. Being an auditing firm, CDA’s highly qualified team of auditors helps to:
CDA offers Financial Advisory Services, Tax Consulting Services, Management Consulting Services, VAT Registration, VAT Deregistration, Internal/External Audit for Companies, Business Advisory Services, etc. in UAE.
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