Article 26 of Federal Law no. 2 of 2015 states, ”Every company shall keep accounting records showing its transactions to accurately reveal at any time the financial position of the company and enabling the partners or shareholders to confirm that the accounts of the company are properly kept in accordance with the provisions of this Law.’’
Following this, it also states that:
”Every company shall keep its accounting books in its head office for a period of at least 5 (five) years from the end of the financial year of the company.’’
Regardless of the line of business you hold, keeping your Company’s accounts is vital. With UAE becoming the top-most choice as a business destination, you need to keep a track of the money your business is making as well as spending. Without comprehensively, documenting the information, it is impossible to know how well a business is doing or whether it is meeting its financial goals.
Do you need any Assistance with ACCOUNTING AND BOOKKEEPING???
As a professional Accounting, Auditing & VAT firm, AM Audit has associated with various clients offering extensive services in UAE for businesses in numerous business verticals. This has rendered us one of the most reliable Consultancy firms in the industry that can meet all your requirements. As we have the most experienced, trained, and academically qualified team to render the services on time, we can meet all your needs professionally.
If you are trying to find the best Consultancy firm, we can provide you value for your money and top-notch services. We offer services all over UAE, GCC, and Middle-East
If you need more details on our services, talk to our client relations team.