External Auditing

Dubai Silicon Oasis, UAE

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    Auditors Approved by Dubai Silicon Oasis, UAE

    Dubai Silicon Oasis (DSO) A Smart City located in the heart of Dubai and an integral part of its strategy to become a smart city. DSO authority offers tempting financial inducements coupled with other perks to corporations running in the free zone that is supported by high-class infrastructure and corporate services

    For companies in the DSO free zone, keeping their financial records is mandatory and they must also be examined by auditors registered at Dubai Silicon Oasis. This was enforced originally from 2004, whereby audit and related services may only be performed by firms registered with DSO to uphold a high standard of accounting record keeping as well as reputation. With the help of recognised auditors in Dubai Silicon Oasis, one could ensure that they do not fail to meet their business requirements effectively.

    Audit Services, Why These Are So Crucial For Dubai Silicon Oasis

    Companies in DSO must keep their accounting records in such a way that the transactions effected by them can be satisfactorily explained and they are able to make a true presentation of its financial condition. Those records must be in accordance with International Financial Reporting Standards (IFRS) and give a true and fair view of profit or loss.

    All businesses in Dubai Silicon Oasis free zone authority have to maintain audited books as per the commercial company laws and get their books certified by approved auditors. Moreover, auditing services in DSO are available hence companies intending to hire such should and must also see through rotation systems for keeping the matter objective. They audit whether operations are in line with the Counter Financing of Terrorism (CFT) and Anti-Money Laundering (AML) directives given out by UAE Central Bank. The financial crime auditors of Dubai Silicon Oasis are also obliged to submit reports about detected suspicious activities that relate to CFT statutes and AML.

    What Makes Registered Auditors in Dubai Silicon Oasis Special

    Companies are required to submit the following documents for a financial audit per year. This documentation is vital for financial statements analysis and identifying the actual stage of the firm when filigree with finances:

    01
    • Bank statements
    • Bills and invoices
    • Memorandum of Association [MoA]
    • Articles of Association (AoA)
    02
    • All financial transaction debits and credits
    • Trade license
    • Book of accounts
    • Excise Tax and VAT Registration Detail

    Vigor Accounting and Taxation — Auditors in Dubai Silicon Oasis

    Vigor Accounting and Taxation is a licensed auditor for numerous free zones all through the UAE. Thousands of companies rely on us for accounting and auditing services in Dubai — Silicon Oasis, each tailored to ensure regulatory compliance while providing valuable financial intelligence about a company.

    Through our hardworking team of committed external auditors, we ensure that all the companies within DSO adhere to every regulation and are well conversant with every requirement. Our Audit reports are in compliance with this [local and also] international reporting standards, helping the business advance their growth together.

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