SAIF Zone Approved Auditors

Sharjah Airport International Free Zone Approved Auditors

Sharjah Airport International Free Zone (SAIF Zone) is an ISO-approved free zone that offers a variety of business opportunities and other amenities. The simplicity and efficiency of their work processes attract foreign investors to launch their businesses here. In Sharjah Airport International Free Zone, you can avail attractive tax advantages, strategic business location, world class infrastructure and systematic business landscape, by complying with the requisites of authorities, like conducting audits by SAIF approved auditors like CDA

CDA is an approved auditor in SAIF Zone, helping companies organize their financial structure and submit audit reports at the end of every financial year. We ensure robust service to our SAIF Zone clients, prioritizing connection, convenience, and community.

Importance of Auditing in SAIF

Auditing in general helps assess tax liabilities, mitigate risks, and ensure compliance with legal requirements. In the context of Free Zones like SAIF, auditing is crucial to verifying businesses' eligibility, financial stability, and adherence to regulations. Approved auditors in SAIF like CDA play a pivotal role in maintaining the credibility and reliability of the trade license renewal process, ensuring businesses meet the necessary criteria set by the Free Zone authorities.

Mandated Audit from Approved Auditors Like CDA

Companies in the SAIF Zone are required to submit their audited books of accounts within 90 days after the end of the fiscal year. These reports, along with other audited financial statements, are to be submitted to the authorities without any delay.

If the company fails to submit the audit report to the authority, it will lead to legal actions like non-renewal of the trade license, penalties, etc.

CDA has a team of auditors for Sharjah Airport International Free Zone who analyse reports and books of accounts prepared in compliance with local and international rules. The audit report is prepared according to these rules and regulations. The audit report states whether the accounts provide a true and fair view of the company's financial side and are free from material misstatements.

Companies operating in the free zone can perform activities listed in the trade license. They also must submit audit reports that comply with the SAIF Zone.

Services Offered by CDA Approved Auditors

• Auditing: This is the most important service offered by approved auditors like CDA in SAIF Zone. It involves the review of a company's financial records to ensure that they are accurate and compliant with the free zone's regulations.
• Accounting: Our approved auditors can also provide accounting services such as bookkeeping, tax preparation, and financial statement preparation.
• Consulting: We can provide consulting services to help businesses improve their financial management practices. This can include things like risk management, internal control, and compliance.
• Taxation: Our auditors can help businesses with their tax compliance needs. This includes things like filing tax returns, providing tax advice, and representing businesses in tax audits.
• VAT: Our veteran auditors can help businesses with their VAT compliance needs. This includes things like registering for VAT, filing VAT returns, and providing VAT advice.

In addition to these services, CDA, as approved auditors, can also provide a variety of other services, such as:

• Business valuations
• Due diligence
• Fraud investigations
• Forensic Accounting
• Management advisory services

The specific services offered by approved auditors like CDA in SAIF Zone will vary depending on the auditor's expertise and the needs of the business. However, all approved auditors in SAIF Zone are required to be qualified and experienced in providing auditing and accounting services.

If you are a business operating in SAIF Zone, it is important to have an approved auditor like CDA help you with your financial management needs. We can help you to ensure that your business is compliant with the free zone's regulations, and they can also provide you with valuable advice on how to improve your financial management practices.

Premium Auditing Offered by CDA in SAIF ZONE

We serve as one of the best approved auditors in SAIF Zone, creating high-quality audit reports that comply with all the rules and regulations of the company. This improves the overall credibility of your company among shareholders, lenders, the government, and other authorities.

As an approved auditor in SAIF Zone, we implement the following steps:

• Understand the client's business model and plan audit procedures accordingly.
• Visit the client's place for review and collect all the financial statements.
• Conduct auditing according to accounting standards.
• Ensuring VAT compliance in SAIF Zone.
• Issue the audit report and management letter.
• Provide local and international expertise in handling auditing procedures.

CDA as a support in your auditing process

Since all companies must have an approved auditor in SAIF Zone, CDA auditors maintain the book of records. We ensure that the balance sheets are prepared in compliance with IFRS, or international financial reporting standards.

The record book you should have:

• Liabilities and assets of the company.
• Report of daily transactions.
• Receipt and expenditure report.

Why choose CDA for auditing in SAIF Zone?

CDA is one of the leading approved auditors in SAIF Zone, delivering a high-quality book of accounts and presenting a fair opinion on the financial statements of the company. We have been serving a large number of companies in SAIF Zone to prepare their audit reports and submit them to the concerned authorities.

CDA has years of experience supporting thousands of clients in complying with the free zone regulations. This allows them to achieve their goals and enhance business growth. We ensure the best auditing services in the UAE according to the changing SAIF Zone laws and regulations.

Contact us to know more about auditing in Sharjah Airport International Free Zone.