What are the reasons to select DMCC approved auditors to audit in a free zone?


 

As the Dubai Government has taken an initiative the Dubai Multi Commodities Centre (DMCC ) has come into existence. To provide business opportunities in the field of trading international commodities, the establishment of this free zone was done. The DMCC has become the topmost fastest-growing free zone with strategic location and important trade routes. To conduct the business easier, the free Zone provides different services such as transportation, logistics, and communication, etc. As per the rules and regulations, for All those companies which come under the free zone, only DMCC approved auditors in Dubai can conduct their financial audit.

Mentioning below the reasons to choose the DMCC approved Auditor for free zones :

  • As per the law, it is mandatory that only DMCC approved auditors can audit the financial audit of all the companies that come under free zones.
  • This rule provides an edge to all the auditors to provide auditing services to the companies that come under free zones.
  • To ensure the annual financial accounts prepared by a company do not consist of any misstatement or any wrong financial data is the primary role of the Approved auditor.
  • All the reports of the company are arranged as per International Financial reporting standards or not is the prime duty of the DMCC approved auditor to take care of.
  • At the time of requirement, the auditor has a right to access any of the Company’s records.
  • The auditor can attend all the shareholder meetings and can access all the necessary information about the company and provides the best auditing services in Dubai.

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