External Audit Services in UAE
Thorough, independent verification of your financial statements meeting all UAE regulatory requirements.
What is it?
External audits provide independent verification of your financial statements. Many UAE Free Zones require annual audited financial statements, and the Corporate Tax regime has increased audit requirements for larger businesses. Exelara provides thorough, FTA-compliant audit services.
Our Services
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Statutory audit
Mandatory audits required by law or regulatory authorities.
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Financial statement audit
Independent review of your complete financial records.
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Compliance audit
Ensuring adherence to specific laws, regulations, or agreements.
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Free Zone authority submissions
Preparing and submitting reports as required by your specific Free Zone.
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Audit report preparation
Delivering clear, comprehensive formal audit reports.
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Management letter and recommendations
Actionable insights to improve your internal controls and financial processes.
Who needs this service?
- Free Zone companies (mandatory annual audit)
- Mainland companies above audit threshold
- Businesses needing audited financials for banking or investors
Why choose Exelara?
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Regulatory Expertise
Deep understanding of UAE commercial laws and Free Zone specific regulations.
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Thorough Process
Rigorous examination methodologies that uncover discrepancies and ensure accuracy.
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Clear Communication
We translate complex audit findings into clear, actionable business advice.
Frequently Asked Questions
It is mandatory for all Free Zone companies, mainland companies above a certain revenue threshold, and often required by banks or investors.
Typically, an external audit is conducted annually at the end of the financial year.
It involves planning, reviewing internal controls, testing transactions, verifying balances, and issuing an audit report.
Yes, most Free Zone authorities require the submission of audited financial statements upon license renewal.
Cost depends on the size of the company, volume of transactions, complexity of operations, and the condition of existing records.