Audit Firms in Fujairah

Fujairah is one of the seven Emirates in the UAE. Its strategic location makes it an attractive location for investors. The logistics and transportation in Fujairah take advantage of all three means of transportation, the sea, air, and land routes. The cost of doing business is cheaper in Fujairah Free Zone (FFZ) than in any other area.

The Fujairah authorities require all companies registered within the Fujairah Free Zone or outside to conduct the audits. The statutory requirements for auditing and accounting compliance are required by the Federal Tax Authority (FTA) of the UAE too. Audit firms in Fujairah have the mandate to provide accounting and auditing services.

At Aviaan Accounting, we have an extensive range of accounting and auditing services. Our team of professional and experienced auditors can provide invaluable advice for your business growth.

With our professional integrity and standards, we are one of the leading and experienced auditing firm in Dubai. You can expect the best auditing services from us with full trust.

Fujairah offers a strategically important location for transportation and logistics businesses. The import and export can be carried out through all three means of transportation at Fujairah. The customs duty at Fujairah starts at only 5% for all companies.

Fujairah has an economic Free zone for the last two decades. It offers similar tax and ownership advantages to companies as in any other free zone in Dubai.

Some key benefits of doing business in Fujairah:

• Choice of registering the company with non-free zone andFree Zone Authority – FFZ
• Zero corporate and income taxes in FFZ
• 100% company ownership and repatriation of funds in FFZ
• Easy access to transportation and logistics through the sea, air, and land routes
• Ideal location for firms investing in import-export, and agriculture businesses
• Efficient and cost-effective investment initiatives
• Easy access to both Fujairah Airport and Fujairah Seaport

The Fujairah Free Zone authority is adjacent to the Port. The FFZ offers a wide range of business services in one place. The business set up offers include virtual offices, warehouses, branch and office, vast open land, custom-built units, and offshore companies.

The FFZ authority’s slogan invitation to all businesses reads as:

“Investors benefit from the triple Fujairah Free Zone advantage, namely the ACE -Accessibility, Connectivity & Economy”

Auditing firms in Fujairah provide professional accounting and auditing services. All registered auditing firms in Fujairah have the mandate of providing internal and external auditing services to the companies. As a business owner, you can also outsource the accounting, taxation, and bookkeeping services to professional accounting and auditing firms in Fujairah.

The Fujairah Free Zone (FFZ) authorities restrict the auditing services from the approved auditors in Fujairah only. If your business is registered as an FZE or FZC, only approved auditing firms in Fujairah have the mandate to provide the auditing services.

An experienced and professional auditor like Aviaan can take you through the auditing process with integrity and unmatched services.

When government authorities set selection criteria for some auditing firms in Fujairah, they set some high standards. Only approved auditors in Fujairah from the authorities can provide auditing services to FFZ companies. All other audit firms in Fujairah can provide auditing and accounting services to non-free zone companies.

Partnering with one of the registered auditing firms in Fujairah can provide multi-faceted benefits. The foremost will be to comply with FFZ and FTA compliance regulations. These authorities require all companies to provide audited financial statements. Failing to which can result in fines, penalties, and closure of the company is come cases too.

Companies registered with Fujairah Free Zone Authority are also required to provide audited financial statements. Although companies registered with FFZ authority do not pay any corporate taxes.

External auditors’ main task is to provide a fair point of view on the financial conduct of a business. Approved auditors in Fujairah will require different financial statements and other documents to conduct the audit of your company.

For external auditing, the auditing firms in Fujairah can demand access to the following types of documents:

• Accounting and Bookkeeping records
• Company financial statements to be audited
• Stamped bank statements for fiscal year
• Memorandum of Association
• Company registration details with FTA
• Records of invoices and bills

Aviaan Auditing will be your trusted partner for auditing services in Ras Al Khaimah. If you have set up franchises or branches in other parts of UAE, we can partner with you for professional accounting and auditing services.

We at Aviaan Auditing are a registered accounting and auditing firm in UAE, Oman, and KSA. We have a team of professionals and experienced auditors that provide the highest quality services to our clients throughout the UAE and in the Middle East region.

For enquiries, call +971 5679 52590 / E-mail: info@aviaanaccounting.com

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