HOW TO START AUDIT COMPANY SET UP IN DUBAI?

AUDIT COMPANY SET UP IN DUBAI

Department of Economic Development (Registration & Licensing Sector) allows the firm to run as a Mainland Company. This will allow you to provide accounting services to other companies. The firm owner also needs well-versed and certified staff in audit and as well as account maintenance.

 

The audits required by statute may be undertaken only by auditors who are registered in the Federal Register of Accountants and Auditors.

 

The Accountants and Auditors Association was established to cope with the overall economic development in the UAE; particularly in the field of commerce and industry which is manifested in the issuance of all economic legislations. The main objective of the association is to undertake the necessary measures for developing and consolidating the rules and standards for the practice of the profession of accounting and auditing in the country in general.

 

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BENEFITS OF LICENSE REGISTRATION IN DUBAI

WHY BIZGATE? FOR BUSINESS SETUP & SUPPORT SERVICES

Mainland Company Setup

Complete exemption from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
Single person can open up an LLC
The maximum number persons or employees an LLC can have is 50
Corporate bank account in UAE
The UAE Companies law does not prescribed any minimum share capital but the entity should have adequete capital to achieve the incorporation purpose. Normally accepted minimum share capital for an LLC registered in Dubai was AED 100,000.

Presently, there is no requirements to deposite the share capital in UAE local bank.

Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space