Auditing by a JAFZA approved Auditor is compulsory for the companies registered within Jebel Ali Free Trade Zone. Every firm registered in JAFZA should appoint a JAFZA approved auditor and audit their books of accounts for each financial year, as per the terms of the JAFZA regulations. Accurate auditing practise helps an organization to comply with the rules and regulations conditioned by the legal authorities.
JAFZA - Jebel Ali Free Zone Authority provides global connectivity by simplifying your business operations within the dynamic Dubai market. It acts as the centre of trade and offers end to end solutions to businesses that operate within the zone. It has the best trade partners and logistics providers to enhance the supply activities with efficient sea-air hubs. JAFZA offers the following business activities licenses:
Auditing by JAFZA approved auditors is mandatory for the registered companies within Jebel Ali Free Zone Authority. The Jebel Ali Free Zone Authority has stipulated a number of businesses registered under it. In order to renew their license without any failure, external audits are conducted. The subsequent documents required while conducting auditing are:
As per the regulations of JAFZA, an approved auditor is appointed who is registered with the JAFZA. The auditor examines:
If the auditor finds the company’s accounts do not agree with the accounting records it must be stated in the auditor's report. The authorities require a true and fair view of the financial practices within the companies. JAFZA approved auditor submits annual accounts reports along with the auditor's opinion.
If a company in JAFZA 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 approved auditors in JAFZA.
CDA is a highly regarded audit firm in Dubai, UAE. Being an auditing firm, CDA offers the following service activities:
CDA, an approved auditor in JAFZA offers various services including Financial Advisory Services, Tax Consulting Services, Management Consulting Services, VAT Registration, VAT Deregistration, Internal/External Audit for Companies, Business Advisory Services, etc. in UAE.
As a JAFZA approved auditor, we offer the best services to the management. Get in touch with us, our auditors in JAFZA will give you a one-hour free consultation.
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