Internal Auditing new - Gloace Fintax

Accurate and Compliant Auditing Services

As a trusted audit firm in Dubai, UAE, we ensure thorough and accurate financial assessments. With a focus on compliance and transparency, you can count on us for reliable auditing services.

 Business Setup
 Trade License
 Tax Advisory
 Corporate Bank Account
 Compliance Management
 Residence Visa Support

What are Auditing Services in Dubai?

Auditing services in Dubai are essential for maintaining financial accuracy, regulatory compliance, and operational integrity. Both mainland and free zone companies are often required to conduct annual audits by certified external auditors.

External auditors offer independent evaluations of financial statements in line with International Financial Reporting Standards (IFRS). These audits are often mandatory for trade license renewals and serve as vital documentation to reflect a company’s financial stability.

Internal audits, while not legally required, are pivotal in analyzing internal controls, governance, and risk mitigation. These reviews enhance operational efficiency and identify potential gaps within organizational processes.

Audit firms in Dubai play a vital role in helping businesses align with regulations, including compliance with VAT laws and Anti-Money Laundering (AML) requirements.

Businesses operating in free zones such as JAFZA, DMCC, and others must meet specific audit requirements, which include submitting audited financial statements for license renewal. Audit thresholds may vary depending on the free zone authority.

Overall, auditing services in Dubai build financial credibility, improve investor confidence, and ensure full compliance with UAE laws, making them indispensable for sustainable business operations.

Auditing Services in UAE Offered by GloaceFintax

Financial Audit

We deliver independent verification of financial reports, boosting the credibility of financial disclosures and enhancing stakeholder trust.

Internal Audit

This service evaluates internal processes and control systems to improve operational effectiveness, governance, and risk mitigation.

External Audit

An objective review of financial statements is performed by an independent audit firm to ensure transparency and compliance.

Risk Management Audit

An in-depth evaluation of business risks and control measures to ensure operational resilience and strategic planning.

Compliance Audit

Focused on ensuring that businesses meet all applicable laws, industry regulations, and internal policies.

Tax Audit

Conducted to verify accurate tax filings and adherence to the UAE’s corporate and VAT regulations by reviewing the business’s financial records.

How Are Auditors at GloaceFintax Different?

Business owners—whether startups or established enterprises—need not divert their focus toward mastering audit complexities. Instead, concentrate on growth, strategy, and innovation while GloaceFintax handles your financial and compliance reviews.

Our auditing professionals bring a wealth of experience and deliver services tailored to each client’s needs. We analyze your financial performance, evaluate internal controls, and help ensure seamless audit readiness and regulatory compliance.

Designated Free Zones


These zones offer significant benefits, including a 0% corporate tax rate, full foreign ownership, and VAT exemptions on intra-zone transactions.

They are particularly attractive to companies in logistics, manufacturing, and re-export, offering customs duty waivers and simplified operations.

Examples: Jebel Ali Free Zone (JAFZA), Dubai Airport Free Zone (DAFZA), Abu Dhabi Airport Free Zone (ADAFZ)

With GloaceFintax, You Gain:


 

✅ Protection against potential financial misrepresentation

✅ Accuracy in financial statement reporting.

✅ Access to seasoned auditing expertise

✅ Full compliance with UAE government regulations

✅ Verification and enhancement of internal control systems

Audit Firms in Dubai

At GloaceFintax, we provide comprehensive audit solutions with a client-focused approach, delivering transparency and reliability. Our UAE-based auditors are experts in regulatory compliance and industry-specific auditing requirements.

We support businesses through a range of audit services to enhance stakeholder confidence and operational transparency. Our audit solutions include:

✅ Internal Audit

✅ External Audit

✅ Financial Audit

✅ Tax Audit

✅ DMCC Audit

✅ IT Audit

GloaceFintax is recognized by top financial institutions and regulatory bodies across the UAE free zones. Our auditors are DMCC-approved and registered with major UAE free zones. We ensure your audit reports align with the latest regulatory frameworks and help facilitate smoother license renewals.

Types of Auditing Services in Dubai

1. Internal Audit


An internal audit evaluates organizational processes, risk controls, and governance. It aims to improve internal efficiencies and ensure business objectives are consistently met.

2. Compliance Audit


This audit verifies that a company complies with legal requirements, internal policies, and industry standards. Common in highly regulated sectors such as education and healthcare.

3. Financial Audit


Conducted by a CPA or external auditor, this audit assesses the fairness of financial statements and ensures compliance with reporting standards.

4. Operational Review


This involves examining business processes, goals, and outcomes to identify performance gaps and ensure regulatory compliance within the UAE framework.

5. Tax Audit


A tax audit confirms the accuracy of a business’s tax filings and identifies discrepancies that may lead to penalties or compliance concerns.

6. Construction Audit


Evaluates construction-related expenses, vendor agreements, and project completion status to verify fair and accurate spending.

7. Information Systems Audit


Assesses the security and effectiveness of IT systems, ensuring data protection, software integrity, and authorized access management.

8. Forensic Audit


A detailed examination aimed at identifying fraud, verifying control breaches, and supporting legal actions if necessary. When no violations are found, businesses are cleared to continue operations seamlessly.

Frequently Asked Questions (FAQs)

Is it possible to have 100% ownership of mainland companies as an expat?

Yes it is now possible to have 100% ownership of mainland companies as an expat.

How do you register a company in Ajman Mainland?

Submit an application to customer services center for initial approval Choose a business location and notify the Inspection Unit. Get a membership certificate. Submit required documents to the Register of Companies. Pay the necessary fees. Get your business license.

How long will it take to obtain our license

If your documentation gets approved and verified by the concerned authorities, you will receive you license within 15 days.

How can I update my registered email and contact number?

Through Customer portal settings they edit my contact info
Open chat
Hello
Can we help you?

Get A Free Consultation!