Because all companies formed in the UAE are not subject to any tax, generally there is no requirement to submit annual financial statement and prepare an audit report. However, there are free zone that do require, especially those with financial services licence such as those operating under the DIFC.
Despite the lack of this requirement, there is a growing trend, especially among large companies, to prepare financial statements and to have them audited. This is not only a sound practice but also in keeping with good international governance standard. Through suitably qualified professionals in the UAE, full services for the preparation and maintenance of accounts for companies incorporated in the Free zones can be provided. Please write in with your requirements.