Auditors in Ras al Khaimah
Ras Al Khaimah borders with Oman and is located near the northernmost point of the United Arab Emirates. The Emirate has been pursuing a solid economic diversification policy and has experienced exponential growth in recent years. The Emirate has free zones, and industrial areas which have attracted a variety of foreign investment – from SMEs to multinationals.
Ras Al Khaimah’s government always has transparent and welcoming economic policies, which is welcoming to the Emirate and offers an excellent infrastructure and facilities in seaports and airports.
The procedures and regulations for doing business in the Emirate are usually formalized and coordinated by the Chamber of Commerce and Industry and Ras Al Khaimah Economic Development. Apart from this, various Free Zones are also present in the Emirate, which offer many investor-friendly solutions for business owners.
As per the UAE Federal Law, the registered entities in Ras Al Khaimah, such as Limited Liability Companies and Branch of foreign Companies, must prepare annual financial statements in compliance with IFRS. These financial statements need to be audited by a registered audit firm and file audited financial statements as and when the regulatory authorities request or within their established regular deadlines.
HLB HAMT is a registered and approved auditor in Ras Al Khaimah and has had a branch office for over a decade. HLB HAMT has many industry experts who assist our clients with different services.
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