Auditors in DMCC Free Zone have got plenty of opportunities to support the society in DMCC. As per the free zone authority, all the registered companies in the free zone have to do annual audit in order to renew the trade license. If any registered company does not comply with the new rule, there will be penalties and other legal issues against such companies. Hence timely services by the audit firms in Dubai for the DMCC Companies are an important requirement.
Scope for Accounting Firms in DMCC
DMCC is one of the fastest growing free zone in the region with lots of business are growing up day by day. Many companies in the DMCC free zone are operating with not having specialized people for handling the book keeping and accounting activities. In a market like Dubai, keeping the finance and accounting data in a systematic manner is very important for the companies for conducting timely audit. So the opportunity can be utilized by the accounting firms in Dubai to do the accounting services as well. At the end of the year registered Auditors in DMCC, who have been appointed as auditors for the companies will prepare the audit report which has to be submitted to the free zone authority for license renewal.
How can Auditors assist an investor for Business set up in DMCC?
As far as a business set up in Dubai is concerned, first of all the investor must know about the potential customers whom they are going target. They have to conduct a detailed market and finance feasibility study before setting up the business. After that they have to make a detailed study on the targeted customers, channels of distribution etc. All these processes can be easily done with the help of expert auditors, because they know the market very well and they will be familiar with different kind industries. The Auditors, who are working for the companies, should help the investor to find out more business opportunities in Dubai.
The Auditors in DMCC Free zone is enjoying large client base and it’s a very good plat form for them to find out new businesses as well. There are a lot of companies being incorporated in every week. Since the free zone is very strict on doing annual audit, the audit firms in the region can capitalize those opportunities. United Auditing which is the Audit division of Emirates Chartered Accountants Group is a listed Auditor in DMCC free zone. You can contact us at info@emiratesca.com
Sep 25,2024VAT Treatment for Charities in the UAE
