26Jun

Requirement of submitting audited financial statements "Industrial Clients"

Pursuant to the UAE laws and RAKEZ Companies Regulations, all companies licensed by RAKEZ are required to submit audited financial statements. This audit should be conducted by a RAKEZ approved auditor. Please click here for the RAKEZ Approved Auditors List.

For the 2019 financial year, clients will be required to submit audited financial statements within six (6) months from the end of your company’s financial year. For the 2018 financial year, you may still submit copy of your statements to our customer service representative at the time of renewal.

Please note that RAKEZ reserves the right to request for original copies of audited financial statements at any point in time.

Failure to submit the required audited financial statements will result in a fine of AED 2,500 and may lead to suspension of services.

For more information or clarifications on this matter, please click here to read the Frequently Asked Questions (FAQs) or contact us at 800 RAKEZ (72539) or customerservice@rakez.com.

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