Company requirements
Companies have the freedom to select their financial year as per their need. But, that chosen financial year must be commence from the date of company incorporation.The financial year must be in between 6 months and 18 months. The renewal and reporting should be done within 90 days. There are exceptions for few free zones.
Audit requirements of Free Zones
As per the rules and regulations of Free zone Authorities, all the Companies/Establishments must get their accounts audited by an approved auditors of concerned Free Zones. The Free Zones will renew the license of Entities on submission of audited financial reports. The rules are applicable in all free zones of the UAE, including Jebel Ali Free Zone (JAFZA), Dubai International Financial Centre (DIFC), Dubai Multi Commodities Centre (DMCC), Dubai Airport Free Zone (DAFZA), Dubai South free zone etc.
Why choose AGX auditors?
AGX auditors are the team of professional accounting and auditing service providers in DUBAI and all the Emirates of UAE. We are registered Auditors under the Ministry of Economy UAE , Dubai delivering dedicated Audit, Accounting, Tax services, Financial Advisory and Business Advisory Services complying regulatory requirements. AGX is one of the accredited auditors of all the Free Zones in Dubai and UAE including DIF,Dubai. We are also approved agents of JAFZA Offshore Companies.
We at AGX will assist you in taking care of all the procedures involved in the VAT process. Call us today for any kind of assistance at +971 50 2981990/055 8697041 or email us at agx@agxauditors.com to get all your queries addressed.