Audit & Assurance
Dubai Silicon Oasis is a cutting-edge business hub with a thriving living and working community. The DSO authority provides attractive incentives and a variety of other benefits to businesses operating in the free zone. It is a master-planned community with cutting-edge infrastructure and on-site business services.
Companies operating in the DSO-free zone must have their books of accounts audited by registered auditors in Dubai Silicon Oasis. Auditing and related services cannot be performed by firms that are not DSO registered. Since 2004, DSO has upheld its accounting standards and reputation. As a result, seek the assistance of approved auditors in Dubai Silicon Oasis to meet your business requirements.
Companies engaged in DSO should keep accurate accounting records to explain the transaction and disclose the company's financial health. Companies in DSO-free zones must keep books in accordance with IFRS standards. The profit and loss statements should be accurate.
According to commercial company laws, companies must have their books of records audited by approved auditors in the Dubai Silicon Oasis free zone authority.
Companies that hire auditors in Dubai Silicon Oasis should ensure that rotation systems are used. The audit firms ensure that the company's operations follow the CFT & AML guidelines established by the UAE central bank. The auditing services in Dubai Silicon Oasis have the authority to report any suspected violations of CFT regulations or money laundering.
When it comes to innovative technology, electronic development, and technology parks, DSOA is the UAE's pioneer free zone. DSOA is an emerging free zone in the UAE due to its prime location in Dubai and proximity to the Dubai International Airport, Port Rashid, and Port of Jebel Ali.
To conduct business in the DSOA, the business entity must first establish and register in the DSOA, as well as obtain a valid license that allows them to conduct business in the Dubai Silicon Oasis free zone. When obtaining a license, the company must select the appropriate type of license to operate under. The DSOA issues the following types of licenses.
The financial audit must be conducted by registered auditors in Dubai Silicon Oasis.
Companies must provide the following documents corresponding to the relevant year in order to conduct accounting and auditing; this analyses the financial statements and determines the company's financial position.
Reyson Badger is a registered auditor with several UAE free zones. As an authorized auditor in Dubai Silicon Oasis, we have provided accounting and auditing services to thousands of businesses.
With a dedicated team of external auditors, we ensure that DSO companies have to comply with legal requirements and instructions to understand your company's current financial health.
Registered auditors in Dubai Silicon Oasis produce effective audit reports that help businesses grow while adhering to guidelines and meeting other requirements. We adhere to best practices, which include both domestic and international reporting standards.