AUDITING IN JAFZA
Registered firms in JAFZA should audit their books of accounts for each financial year, as per the terms of the JAFZA regulations. Accurate auditing practice helps an organization to comply with the rules and regulations conditioned by the legal authorities.Within 90 days after the end of the fiscal year, all entities or businesses registered with JAFZA must submit their audit reports. Serious penalties, such as the free zone authorities refusing to renew the company’s trade license, can befall the business if it fails to meet this criteria.
3A Global CSP provides the best audit practice and help business to submit the report to authority on time.
Documents required for Auditing in JAFZA
– Trade license, Memorandum/Articles of association
– Bank statements
– Books of accounts
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