ANNUAL COMPLIANCE AUDIT IN UAQ - UMM AL QUWAIN
Annual financials of the companies registered under Um Al Quwain Freezones are advised to be audited each year and submitted at the time of its trade license renewal. While the standard reporting period is one calendar year, a company may nominate a different reporting period the first reporting period will commence from the date of incorporation and must not be less than six months and no more than eighteen months.
The importance of maintaining accounts should not be underestimated as they integral in preparing management reports. Ensuring that your accounts are 100% accurate and always up to date is beneficial for a number of reasons. Among others it helps management of the company in getting the audit of the accounts on time.
Soon after the formation of business, we advise our clients to maintain accounts of all the transactions, records, and details that can give them a true picture of their business performance on periodical basis.
The business entities are always challenged to reduce costs, avail the best services and add maximum value from their expenditures. Gupta Accountants as cost effective accountants firm offers completely flexible and innovative Accounting Services .
Why Gupta Accountants ?
- Affiliate Partners of listed Audit Firms.
- Professionally qualified and experienced accountants
- Cost Effective accountants
- Compliance to International standards & applicable rules and regulations.
We will be glad to discuss how our Financial Services Department can assist you and your company.