Statutory & Financial Statement Audit
Financial statement preparation and coordination with an independent external auditor.
TaxBay prepares financial statements and audit support schedules, and coordinates with an appointed independent auditor where an external audit is required. The auditor issues any audit opinion.
Practice Deliverables & Scope
Structured execution benchmarks delivered directly by our senior advisory team.
Key Strategic Outcomes
- Financial statements prepared for applicable renewal requirements
- Enhanced credibility with commercial lenders
- Protection of Qualifying Free Zone Person 0% tax status
Questions before you engage
Who issues the statutory audit opinion?
An appointed independent external auditor performs the statutory audit and issues any audit opinion. TaxBay can prepare financial statements and coordinate the supporting records.
Which records help an audit proceed?
A current trial balance, reconciled ledgers, bank statements, major contracts and supporting invoices help the auditor assess the financial statements. The appointed auditor may request additional evidence.
Target Applicability
Engineered specifically for:
- Free Zone entities with audit requirements
- Mainland LLCs with audit obligations
- Bank-financed enterprises
Engage on this Service
Discuss your requirements with the TaxBay advisory team in Dubai.
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