UAE Dubai accountant

[sergeylim88]

for ifza registered company fzco do we need to have ifza approved accountant/auditor?
how to verify if auditor is certified?
can anyone recommend an accountant for a small company that does about 50 invoices per month
what would be expected cost for this kind of service?
how much would audit cost for the same company?

thanks

 

[brightlight]

I'm interested to know about auditor and costs. Based on what i'm reading the mess‌ is real there and no one knows what to do. I like keeping it on‍ the safe side and put money aside for tax and audits. Following...

 

[adamecom]

Here's the IFZA approved list of accountants/auditors that I got emailed from IFZA directly.

 

[JackAlabama]

you can also pick one which is not on that list,‍ as long as they have that license accredited thingy from Dubai (not other emirate).

 

[sergeylim88]

@JackAlabama how do we check license validity? Is there a web site?

 

[USDT]

Do you have any information on the need to maintain such reporting? According to⁣ the official FTA information, for companies with a turnover of less than 50M AED, there⁢ is only a requirement to maintain accounting according to the IFRS standard or Cash Basis︀ (less than 3M AED), and an audit is only necessary for Qualified FZCO. Or is︁ this a requirement from IFZA?

 

[JackAlabama]

No but you can ask the agent in question to give business license‌ and scan the qr code.
However you best go with a hot rec by someone‍ who knows someone instead of just from internet.