Wafeq Accounting Partners
Find Audit Support Firms in KSA and UAE — Wafeq
Platinum Partner
Virtuzone
Virtuzone is the UAE’s first and largest company formation specialists and an award-winning corporate service provider. Established in 2009, Virtuzone has set up the companies of more than 80,000 entrepreneurs from 180 countries. With over 250 staff members speaking 40 languages, Virtuzone provides end-to-end company formation and corporate services, ranging from trade license and visa processing to bank account opening, tax consultancy, compliance, accounting, legal services, and more. Virtuzone—and its sister companies Taxready.ae, Next Generation Equity and MAKTABI—are now part of Ascentium, a Singapore-based global business services platform supporting over 20,000 active clients across 25 cities and nine markets in the Asia Pacific (APAC) region.
Platinum Partner
Pi Flow
At Pi Flow, you get a complete team manage to your accounting, from bookkeeping to financial reports generation and tax returns. We make sure we deliver accurate and on time books through accurate data entry and reporting for your SME.
Platinum Partner
Deyaar Alkayan United Co. Ltd
Specialists and professionals in all zakat and tax consultations, financial statements, and the restructuring of financial and administrative systems for companies and institutions. We provide financial solutions for businesses and organizations, specializing in auditing and reviewing accounts, restructuring them, and offering solutions to improve company performance. We also prepare and submit financial statements to the Zakat Authority’s website and deposit financial reports through the *Qawaem* platform of the Ministry of Commerce via the Saudi Business Center. This automated submission of financial statements enables the creation of a future database to assist relevant parties in monitoring and planning. We provide comprehensive solutions to enhance corporate performance.
Gold Partner
AJ Corp Businessmen Administrative Services
AJ Corp is a UAE based corporate service provider providing B2B and B2C services. Our approach goes beyond standard corporate administration, offering personalized guidance that blends technical expertise with strategic insight. By combining deep industry knowledge with an unwavering commitment to confidentiality, efficiency, and precision, we ensure that every structure we design and every service we deliver reflects the unique objectives of our clients.
Platinum Partner
CLA Saudi Arabia شركة سي ال ايه للاستشارات المهنية
It is a global network of member firms connected through a unified membership structure, offering consulting services in accounting, auditing, taxation, and advisory. The network supports companies and institutions in navigating the challenges and complexities of both global and local business environments, enabling them to capitalize on opportunities in capital markets, overcome obstacles, and enhance their performance. The network traces its roots back to 1953, when its first firm was established in the United States, giving it a professional legacy of more than seventy years of expertise and leadership in delivering high-quality financial, accounting, and consulting services. The network serves as an international platform for professional excellence and global integration, bringing together a select group of highly competent independent firms across multiple countries to provide comprehensive professional services grounded in deep knowledge and international standards. "
Gold Partner
JAZAA FOR MANAGEMENT CONSULTANCIES
Jazaa Business Services is a boutique business consulting and strategic advisory firm with 10+ Years of Experience. We are a team of skilled professionals bonded by the desire to help entrepreneurs convert their ideas into executable and scalable plans. We help you scale faster. The team consists of financial and analytics experts who have very strong academic backgrounds and varied industry experiences. We have a very high level of ethical and moral commitment in all our business practices and robust corporate governance. We are proud of our long list of clientele from across the globe including U.S., Europe, and Australia. The passion, enthusiasm, and the will to perform and delight our clients is unmatched. We strive to surpass even the highest expectation of our clients in terms of quality of work.
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Audit Support for businesses in KSA and the UAE
An audit doesn't have to be stressful — but poor preparation makes it feel that way. In Saudi Arabia, statutory audits are required for joint stock companies, foreign-owned entities, and businesses above certain revenue thresholds. In the UAE, free zone companies must submit annual audited financial statements to their licensing authority, and the 9% corporate tax regime has increased scrutiny across all larger businesses.
Frequently asked questions
Who needs a statutory audit in Saudi Arabia?
Joint stock companies, foreign-owned entities with foreign shareholders, and businesses above specific revenue thresholds require statutory audits in Saudi Arabia. SOCPA-certified auditors must conduct these. Even businesses not legally required to audit often do so for banking, investor, or licensing purposes.
Why do UAE free zone companies need annual audits?
Most free zones require annual audited financial statements as a condition of licence renewal. The auditor must be UAE-registered. Missing the deadline risks licence suspension. Accounting firms in this directory handle this as a standard annual engagement — not an emergency each year.
What does good audit preparation look like?
Reconciling all balance sheet accounts, ensuring fixed assets are properly depreciated, confirming payroll records match expense accounts, verifying VAT ledgers align with filed returns, and preparing IFRS-compliant financial statements. Firms here manage the preparation process, not just the audit handover.
How does Wafeq help with audit readiness?
Wafeq maintains a full transaction trail — invoices, payments, journals, and bank reconciliations — structured for review. Accounting firms familiar with the platform extract audit-ready reports directly, cutting preparation time and cost significantly.
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