Approved auditors
AuditorsinSharjah
Since 20179 Since 2017
- On the zone's approved auditor list
- FTA approved tax agency
- Signed in time for renewal
Talk to a specialist
Tell us your licence expiry and we will tell you what the zone needs and by when.
- Reply in 24h
- FTA approved
- Direct to a specialist
Vigor is a registered auditor for Auditors in Sharjah
Licensed by Sharjah Economic Development Department and the emirate's free zones. Mainland and free zone companies across Sharjah, including SAIF Zone and Hamriyah.
Overview
Auditors registered in Auditors in Sharjah
Vertex Auditing is a registered entity with its Audit Division of Vigor Accounting and Taxation that aims to render the statutory audit services expected by management, government bodies, banks/Free zones in Sharjah. We want to give a true, comprehensive look at your business , by verifying financial details and data as well as making recommendations for better service and finding the root of potential problems.
Backed by proven human capabilities and hands-on experience, Vigor Accounting & Taxation is the best companion for any corporation that desires to improve its horizons of growth in this highly intricate environment. As a best practice firm that is accredited to perform more than 2,000 audits per year across the U.S., our CPAs and advisors are solely focused on helping organizations reach their economic potential.
Vigor Accounting and Taxation are the auditors into which another couple of things may also be notably stop interesting enthusiasm engaging zwei staaten betreffend!
Our certified auditors are subject to the highest code of ethics, ensuring that our services remain honest and professional.
5,000+
Audits completed
20
Zones approved in
9
years, since 2017
What the zone requires
Three rules that decide your renewal
Audited statements at renewal
Most free zone licences require audited financial statements before the authority will renew. The window and the format are set by the zone, so the date to work back from is your licence expiry.
Signed by an approved auditor
The zone will only accept a report from a firm on its own approved list. A report from a firm that is not listed is rejected at submission, whatever its quality.
Records kept for five years
Every UAE company must keep its accounting records for at least five years, which is separate from the audit itself and applies whether or not the licence requires one.
When to start
Count back from your licence expiry
The deadline is set by your renewal date, not by the calendar year, which is why two companies in the same zone can have completely different audit seasons.
90 days out
Engage the auditor
Scope and fixed fee agreed while there is still room to move.
60 days out
Records handed over
Books, statements and supporting documents. Backlog rebuilt first if there is any.
30 days out
Fieldwork and queries
Balances verified. Anything that does not reconcile is raised while it can still be corrected.
Renewal
Signed report submitted
Audited statements in the zone's format, in time for the licence.
Vigor’s working guidance for a straightforward set of accounts, counted back from your licence expiry. Auditors in Sharjah sets the submission deadline and the accepted format, so the date to plan from is your own renewal date rather than a fixed month in the year.
If it slips
- 01
The licence renewal stalls
The authority can hold the renewal until the audited statements are submitted. Everything below follows from that one thing.
- 02
Visas follow the licence
Residence visas and new hires are tied to a current licence, so a delay reaches the team before it reaches the accounts.
- 03
Banking gets harder
Relationship reviews and facility renewals ask for current audited statements. An expired licence turns a routine check into a problem.
- 04
The work does not get smaller
A late start compresses the same fieldwork into less time, and books that have drifted have to be rebuilt before any of it can begin.
How it runs
Four steps from engagement to a signed report
- 01
Engagement and scope
We confirm the zone, the licence type and the financial year, then issue a scope and a fixed fee in writing. Nothing starts before you have both.
- 02
Records and reconciliation
You send the books, bank statements and supporting documents. Where the books are behind, that backlog is quoted separately and rebuilt first.
- 03
Fieldwork and testing
Balances verified, controls tested, and anything that does not reconcile raised with you while there is still time to correct it rather than after signing.
- 04
Signed report for renewal
Audited financial statements in the format the zone accepts, signed by an auditor on its approved list, in time for the licence renewal window.
Engagement and scope
Talk to an approved auditor
Tell us your licence expiry in Auditors in Sharjah and we will tell you what is needed and by when.
Before we start
What we need from you
Tick what you already have. Most companies are further along than they think, and fieldwork can usually begin before the last of it arrives.
Tick what you already have
Most companies have more of this than they expect. Nothing here is sent anywhere.
Side by side
Free zone or mainland, on the points that differ
- Audited statementsGenerally required for licence renewal
- Who may signA firm on that zone's own approved auditor list
- Deadline set byThe zone, counted from your licence expiry
- Records retentionAt least five years
- Corporate tax0% on qualifying income if the qualifying free zone person test is met
- If the audit is lateRenewal can be withheld, which affects visas and banking
General rules, not advice on your own position. What applies to your company turns on the licence, the activity and the structure, which is what the first call establishes.
Government Agencies
We work closely with all Government Agencies
Company formation, licensing, visas, customs codes and tax registration all pass through these authorities. Start a company setup.
Answers
Questions about this zone
The six asked most often before an audit engagement starts.
01Do I need an audit for my Sharjah company?
Most Sharjah free zone and mainland licences require audited financial statements before the licence can be renewed. Whether an audit applies to your entity turns on the licensing authority and the activity type stated on your trade licence. Checking your licence conditions or renewal notice will confirm whether an audit report is required this year.
02How much does an external audit cost in Sharjah?
Audit fees depend on the size of the company, the number of transactions, and the complexity of its accounts, so they are quoted after reviewing your records through a proposal. Bookkeeping support, if needed alongside the audit, starts at AED 599 per month for up to 50 transactions.
03What happens if I renew my licence without an audit report?
Where an audit report is a stated renewal condition, the licensing authority can refuse or delay renewal until it is submitted. This can hold up visa processing, bank dealings, and other approvals tied to an active licence. The exact consequence depends on the free zone or authority your company falls under.
04Which companies in Sharjah must submit audited financial statements?
Requirements vary by free zone and by mainland licensing authority, with many requiring audited accounts at renewal regardless of company size. Whether yours is included depends on the specific authority that issued your licence and any activity based exemptions it applies. Your licence terms or renewal letter will state this directly.
05Which documents do you need to carry out the audit?
We typically need your trade licence, prior year financial statements if available, bank statements, sales and purchase invoices, payroll records, and general ledger or bookkeeping files for the period under review. Additional documents may be requested depending on your activity and the transactions recorded during the year.
06How long does an external audit take?
Timelines depend on the size of the company, how complete the accounting records are, and how quickly requested documents are provided. A straightforward audit with organised records can be completed within a few weeks, while incomplete bookkeeping or missing supporting documents will extend the process.
Not here? Ask Vigor, and a specialist picks it up from there.
