Statutory Audit Services

Under the Commercial Companies Law, all companies in the mainland are required to have their related financial records to be audited. These companies need to keep their financial records for at least five years. Companies within the free zones get audited for their financial arrangements and for the renewal of their licenses as per the respective statute of the Freezones.

Due to the advent of the corporate tax framework, companies will find it increasingly necessary to keep up their bookkeeping records and be audited. This will give them more insight into which part of the company needs more consideration and how management can help with it.