By leveraging our audit solutions, you can navigate regulatory challenges with confidence and uncover opportunities for growth and optimisation while upholding financial integrity.
Increase business performance by implementing effective internal controls based on our expert recommendations, resulting in robust systems that improve operational efficiency, mitigate risks, and foster long-term success.
Through rigorous and independent auditing, we validate the accuracy and reliability of your financial records, providing assurance to stakeholders and reinforcing the credibility of your business.
Our expert team identifies control gaps and provides actionable insights to strengthen your processes, safeguard assets, and optimise operations, resulting in enhanced operational efficiency and secure business practises.
The audits of the financial statements of the entities in RAKEZ can only be conducted by the auditors who are approved by the authority of RAKEZ.
Yes, CDA is an approved auditor in RAKEZ.
Auditing is a mandatory requirement made by the RAKEZ authority, so all registered entities must undergo an audit.
Failure to submit the audit report and audited financial statement will attract fines and might result in the suspension of trade licences or their renewal.
The entities will have to submit their audited financial statements within 6 months from the end of their relevant financial year.
Contact the Most Reputable RAKEZ Approved Auditors
The companies registered with RAKEZ are required to appoint an auditor to review and report on the accounts provided in accordance with laws and regulations. The auditor’s report must affirm whether the company’s accounts comply with the IFRS and ensure that the company is not involved in any money laundering. A RAKEZ approved auditor can provide a detailed report on whether the account presented is true and the company accounts are free from any kind of material misstatements.
The RAKEZ approved auditor evaluates the company’s affairs at the end of the financial year and assesses if the company is maintaining proper records. Getting proper auditing services in RAKEZ guarantees that the accounts of the company are in accordance with the accounting records and returns.
Being one of the reliable RAKEZ approved auditors, CDA offers professional audit services in the Ras al Khaimah Economic Zone.
- We provide cost-effective and efficient solutions to the problems which are faced by the business in RAKEZ
- We ensure efficiency in making all the services and transactions very seamless and transparent
- We offer a customised business solution for the businesses which will suit the business operations
- We help you to understand your business and the business trends and then make more informed decisions
As per the UAE laws and the RAKEZ Companies Regulations, it is required that all the licenced companies in RAKEZ must submit their audited financial statements as implemented on 26 June 2019
- The companies in RAKEZ must submit the audited financial statements within six months from the end of the financial year
- The audited statements must be handed over to the customer services representative
- One thing to be kept in mind is this rule does not apply to audit the companies which are registered as a branch company in RAKEZ
Penalty: A fine of AED 2,500 to be paid in case of failure to submit the financial audited statements. and may even result in the suspension of the services to the company.
CDA is a highly regarded audit firm in Dubai, UAE. Being an auditing firm, CDA’s approved auditors in RAKEZ offers the following services:
- We assure your financial statements are true and accurate
- We examine the audit report reflects an honest opinion on the financial aspects of the company
- We assure the compliance of books of accounts with international standards
- We use advanced audit techniques and data analytics with 100% accuracy
- We Identify the weakness of internal control procedures and provide recommendations
- We prepare and present the audit work timely as per client requirements
- We issue high-quality audit reports compliant with RAKEZ regulations
CDA offers Financial Advisory Services, Tax Consultation Services, Management Consulting Services, VAT Registration, VAT Deregistration, Internal/External Audit for Companies, Business Advisory Services, etc., in UAE.
Get in touch with us to start a discussion and our experts will offer you a one-hour free consultation.