Financial Reporting & Analysis – UAE Compliance
We deliver precise and insightful financial reporting & analysis services that align with UAE Federal Law No. 2 of 2015 on Commercial Companies and UAE Corporate Tax Law (Federal Decree-Law No. 47 of 2022) requirements. Our reports help businesses stay compliant while making informed strategic decisions.
Legal Requirements
Companies in the UAE must maintain accurate accounting records for at least 5 years as per Article 26 of the Commercial Companies Law.
Financial statements should comply with International Financial Reporting Standards (IFRS).
Businesses subject to corporate tax must ensure records are ready for Federal Tax Authority (FTA) review.
Our Financial Reporting Services
Preparation of balance sheets, income statements, and cash flow statements
Year-end closing and reconciliation
Compliance-focused reporting for audits and FTA inspections
Customized monthly, quarterly, and annual management reports
Budget vs. actual performance analysis
Ratio analysis for profitability, liquidity, and efficiency
Analysis & Insights
We go beyond numbers—identifying trends, opportunities, and risks, enabling management to take data-driven decisions that improve profitability and sustainability.
Penalties for Non-Compliance
Failure to maintain accounting records: AED 50,000 – AED 500,000 fine.
Providing inaccurate or incomplete information to the FTA: Penalties starting from AED 5,000.
Non-compliance with IFRS standards may lead to audit issues and potential corporate tax disputes.
Value to Clients
Ensures FTA and legal compliance.
Improves business decision-making with actionable insights.
Enhances investor and stakeholder confidence through transparent reporting.