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Financial Audits
Review and verification of annual accounts to ensure compliance with RAKEZ and IFRS standards.
RAKEZ Approved Auditors
GKA Chartered Accountants is one of the RAKEZ approved auditors, trusted by businesses across Ras Al Khaimah and the UAE. As experienced RAKEZ auditors, we deliver precise, compliant financial reports aligned with RAKEZ regulations, ensuring your business remains audit-ready, on time, and penalty-free.
Aligned with Recognised Professional Credentials
RAKEZ Approved Auditors
The Ras Al Khaimah Economic Zone is a thriving business hub attracting companies from diverse industries. Its location, infrastructure, and supportive regulations make it an ideal base for growth. Along with these benefits comes the responsibility to maintain transparent and accurate financial records.
Every RAKEZ-registered company must submit an annual audit prepared by an approved auditor, confirming that accounts are accurate, compliant, and ready for license renewal.
Turning RAKEZ Audits Into a Competitive Advantage
Why an annual Ras Al Khaimah Economic Zone audit is more than a compliance formality.
Improve Operational Efficiency
Identify inefficiencies in your processes and streamline operations.
Reduce Risk
Spot potential compliance or financial issues early, before they escalate.
Build Credibility
Earn trust with banks, investors, and business partners through verified accounts.
Strengthen Governance
Improve internal governance for long-term stability.
Keep Pace With RAKEZ Requirements
Stay aligned with RAKEZ rules without last-minute stress.
Complete Financial & Compliance Solutions for RAKEZ Companies
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Tax Audits
Assessment of VAT and corporate tax records to confirm accuracy and legal compliance.
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Compliance Audits
Evaluation of operational and financial practices to ensure they meet RAKEZ regulations.
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Internal Audits
Detailed analysis of internal controls to improve efficiency and reduce risk.
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External Audits
Independent review of financial statements for full transparency and credibility.
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Due Diligence Audits
Thorough financial investigations for mergers, acquisitions, or investment purposes.
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Accounting & Bookkeeping
Comprehensive accounting and bookkeeping support to keep your records audit-ready.
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CFO Advisory
Strategic CFO advisory for growth planning and financial oversight.
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Payroll & WPS Compliance
Payroll management with full Wage Protection System (WPS) compliance.
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Corporate Tax
Corporate tax return preparation and filing.
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VAT & Cross-Border Tax Advisory
VAT, corporate tax, and cross-border tax advisory services.
Your RAKEZ Audit — Step by Step
A structured, transparent workflow that keeps your audit on track from first document to final submission.
01
Preparing Documents and Setting Timelines
We begin by gathering all required financial records and agreeing on a clear schedule for the audit process.
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Submission Through RAKEZ Channels
Once the audit is complete, we submit your report directly through the approved RAKEZ portal or via their designated channels.
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Knowing if Exemptions Apply
Certain business types may qualify for exemptions, and we assess your eligibility before starting to save time and resources.
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Avoiding Penalties
We make sure your report is complete, accurate, and filed before the deadline to protect your business from fines or license issues.
RAKEZ Audit Rules You Need to Know
What every Ras Al Khaimah Economic Zone company needs to know before filing its annual audit report.
- Appointing an approved auditor — only auditors listed on RAKEZ’s official approval list can prepare your annual report. Choosing an unapproved firm may result in your submission being rejected.
- Meeting IFRS and RAKEZ standards — reports must follow International Financial Reporting Standards (IFRS) and meet all RAKEZ formatting and content requirements.
- Annual year-end review — every company is required to complete a full review of its accounts at the end of the financial year, ensuring all transactions and balances are accurate.
- Matching accounts with official returns — financial statements must align with the company’s official returns and records on file with RAKEZ.
- Deadlines and penalties — late submissions can result in penalties, license restrictions, or difficulty renewing your RAKEZ registration; staying ahead of deadlines is critical to keeping your operations uninterrupted.
Need a RAKEZ Approved Auditor?
Start your RAKEZ audit the right way — book your free consultation today and find out how we can help keep your business fully compliant. GKA Chartered Accountants is ready to assist with your annual Ras Al Khaimah Economic Zone audit.