Statutory Audit Compliance Support
Under the UAE Commercial Companies Law, entities across mainland and designated free zones must maintain audited books. AABS assists organizations in establishing robust internal controls and preparing all statutory filings required by licensing authorities.
What AABS delivers
- Alignment of accounts with UAE Ministry of Economy and local commercial registers.
- Year-end closing entries, accruals, and fair value adjustments.
- Annual statutory filing readiness and board audit dossiers.
Frequently Asked Questions
Answers to what clients ask most about this service.
Failure to maintain or submit statutory audited statements can result in trade license renewal freezes, government fines starting at AED 10,000 to AED 50,000 depending on the jurisdiction, and potential bank account restrictions.
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