The time required depends on the size, complexity, and readiness of your financial records. For a mid-sized company with well-maintained books, a statutory audit might take 4 to 8 weeks from planning to final report. More complex organizations (multiple branches, large volumes, significant transactions) may take longer
Bookkeeping records your daily financial transactions, while accounting analyzes that data to prepare financial reports, tax filings, and audits.
You must register if your annual turnover exceeds AED 375,000. Voluntary registration is also available for businesses earning over AED 187,500.
Yes. We serve mainland, free zone, and offshore entities across the UAE, customizing our audit and accounting solutions based on your business setup and regulatory requirements.
We work with a wide range of industries, including construction, real estate, trading, retail, hospitality, healthcare, and professional services.
Yes, most UAE companies, especially those in free zones or on the mainland, must submit audited financial statements annually to renew their trade licenses and remain compliant with regulations
Even small businesses benefit from audits. It improves credibility, helps with bank loans or investor requirements, and ensures your accounts are accurate and compliant with UAE laws.
Absolutely. Our team can first organize and prepare your financial records before starting the audit, ensuring everything is ready and accurate.
Audit fees depend on your company’s size, transactions, and complexity. We provide transparent quotes after a short assessment of your business with no hidden charges.
Failure to submit an audit report can lead to license renewal delays, penalties, or even account suspension in certain free zones or regulatory bodies.
Ideally, from day one. Setting up proper books from the start helps you track performance, manage cash flow, and stay VAT-ready once your revenue crosses the threshold.
Don’t panic. Share the notice with GAAP Associates immediately, and we’ll review it, identify the issue, and help you respond correctly to the FTA
No worries! Our tax consultanting services can assess your business activity and income to determine your corporate tax obligations and exemptions.
You can reach out via our contact form, phone, or WhatsApp. We’ll schedule a free consultation to understand your needs and share a suitable proposal.
Yes, we send timely reminders for all filing and audit deadlines to make sure you never miss a compliance date.
Absolutely. Our experts handle VAT registration, return filing, compliance checks, and tax planning, ensuring full adherence to the UAE’s Federal Tax Authority (FTA) rules
Yes, our team can take care of your monthly bookkeeping, financial reports, and account reconciliation so you can focus on running your business efficiently.
Yes, our team includes certified auditors and accounting professionals registered with relevant UAE authorities and compliant with international standards.
Yes. We offer post-audit follow-up support, including:
Assisting you in implementing audit recommendations
Advisory on internal controls, process improvements, and compliance upgrades
Ongoing consulting on accounting, tax, and regulatory changes
Training your staff on best practices
We view our audit engagements as the beginning of a long-term partnership with clients, not just a once-off task