Financial auditing ensures compliance with UAE regulations, maintains transparency with authorities, and provides an accurate picture of a company’s financial health.
Yes, under Federal Decree Law 32 of 2021, Joint Stock companies and LLCs must appoint auditors and conduct annual audits. Businesses with an annual turnover exceeding AED 50 million and qualifying free zone entities must also submit audited financial statements.
Fast Action offers end-to-end auditing and business advisory services, ensuring accurate financial records and compliance with UAE regulations.
All businesses must maintain accurate financial statements. However, auditing is mandatory for Joint Stock companies, LLCs, businesses with turnover exceeding AED 50 million, and qualifying free zone entities.
It is recommended to conduct an annual financial audit to comply with UAE laws and maintain accurate financial records.
Documents typically include financial statements, bank statements, tax filings, balance sheets, and transaction records.
