How to get audit license in Dubai

Last updated on December 5, 2021

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How to get audit license in Dubai

If your aim is to find how to get audit license in Dubai; then you are on a correct place to find all the information requires for it; as we will guide you to get how to get audit license in Dubai. There are many reasons to support the idea of audit firm registration in uae,

But the question is; is it a right time to think how to start an audit firm in Dubai

The answer is yes; because due to upcoming events in UAE like Expo 2020 and FIFA world cup in GCC; it is a best time not only for audit firm registration in uae; but also for any other business setup in UAE. All the main trader financier as well as tycoon have eyes on Expo 2020; and they are looking for a chance to support their Idea of business in this type of event. So you can also promote your skill as other firms like trading and professional firm; are looking to promote their firm and become an international brand.

How to get audit license in Dubai

One of the main reason which will make you thing about how to get audit license in Dubai; is the availability of professional. Many people in this part of the world are coming to find a job; as they think UAE is a good place for them to work. Audit firms need professionals with good experience in audit as well as account. The firm can hire these professionals easily. Also there are very easy visa process to hire employee; and also requires less time in hiring process as compare to other part of the world; this makes UAE a good looking place for this type of business. UAE is very sound market for job seekers; so as a firm you can get benefits by hiring fresh graduates.

UAE has zero capital gain tax; no personal income tax, very low value added tax and zero corporate tax. An audit firm can save so much valuable money and use it to increase long term capital of the firm. Therefore the firm can grow quickly in this part of a world; because the money which you save from this taxation can also be used for other running cost of the firm.

How to start an audit firm in Dubai

  • Activity Code 6920001
  • Activity Group Accounts
  • License Type Professional
  • Activity Description auditing license in Dubai allow to practice accounting services; and allow to audit accounts of companies as well as firms; and make comprehensive examination and auditing of all kinds of accounts; records and accounting books of an establishment; the outcome of its business, reports on its financial position.
Terms and ConditionsRequested By
Laws which regulate the consumer’s rights shall be taken into account; that is the phrase “The sold goods are neither returnable nor exchangeable” shall not appear on the invoice. No additional fees shall be imposed against the use of credit cards.Dep. of Economic Development (Registration & licensing Sector)

Audit firm registration in UAE

An audit firm registration in uae will allow you to provide auditing services to other firms; and they and their services are always in demand. Thus, this demand brings plenty of competition but as well as plenty of customers. In fact, this is one of the wild growing fields; and it matures about 25 percent in last decade. Plan your business carefully and grow good relations with your customers; and you will be able to mature your firm successfully.

Define your specialty. As a consultant, you will focus on providing services in the field of accounting for other companies. While you may only take on the account for a company as a full service outsource accounting department; you may also select to deal more specific services; which clients do not want to hire a full time employee for that. So auditing, forensic accounting, expert witness services as well as financial analysis of purchase; are more likely to be outsource to consulting firms.

First get a degree and Exam. For auditing license in Dubai you need to have accounting degree and relevant experience in this field. You also need to pass an exam in Dubai to be eligible for audit firm registration in uae.

How to start an audit firm in Dubai

Every corporate needs a license to work in UAE. You will also need a business license for audit firm registration in uae; you may need to consider setup an LLC or corporation to defend yourself from personal liability; Taking professional liability insurance may be a limitation in some communities; and it is a good idea to have even if the law does not require it.

Market your services properly. Since you will attract business customers that need to trust you with their finances; making face to face contact by joining networking events will serve as one of your major marketing efforts. Make sure your clients recognize correctly what you are offering; they should be able to easily know your services in a “30-second elevator pitch.