In the UAE, the requirement for companies to undergo auditing is primarily influenced by their legal structure, size, and activity. While not all companies are required to be audited, there are specific regulations...
United Arab EmiratesAccounting and Audit
In the UAE, the requirement for companies to undergo auditing is primarily influenced by their legal structure, size, and activity. While not all companies are required to be audited, there are specific regulations and criteria that determine whether an audit is mandatory.
The regulatory landscape in the UAE is a complex one, with both federal and emirate-level authorities playing a role in setting audit requirements. To understand this better, let’s look at each of the requirement as per various statute and regulations
Mandatory Audit Requirements:
- Every Joint Stock Company or Limited Liability Company in the Mainland
- Audit for Trade Licence Renewal:
- AED50,000,000 (fifty million) during the relevant tax period,
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
View source
