The UAE has long been known as a tax-free business hub, attracting entrepreneurs and investors from across the globe. But...
Dubai’s real estate sector is one of the most regulated industries, ensuring transparency and investor protection. The Real Estate Regulatory Agency (RERA) mandates that real estate developers, owners’ associations, and property management companies undergo an annual RERA audit to ensure compliance with financial regulations.
At Shuraa Tax, we provide professional RERA audit services in Dubai, UAE to help businesses comply with RERA laws, avoid penalties, and maintain credibility in the market.
A RERA audit is a regulatory requirement in Dubai for real estate developers and property-related businesses. It involves a thorough financial examination to ensure compliance with Law No. 8 of 2007, the regulation governing Dubai’s real estate sector.
It involves a detailed assessment of:
RERA audits in Dubai are governed by several key laws and regulations. Some of the most critical regulations include:
Depending on the nature of your real estate business, different types of RERA audits apply:
Ensures project funds are managed as per RERA’s regulations
Reviews financials of jointly owned properties
Verifies compliance in property leasing, maintenance, and service charges
Assesses whether collected service charges align with approved budgets
Ensures developers manage escrow funds according to legal requirements
The Dubai Land Department (DLD) requires the following entities to conduct annual RERA audits:
If your business falls under any of these categories, it is mandatory to conduct a RERA-compliant audit.
At Shuraa Tax, we provide end-to-end RERA audit solutions tailored to the needs of real estate businesses. Our services include:
Ensuring full adherence to RERA and DLD laws
Examining financial transactions and verifying trust accounts
Assessing service charge collection and expenditure
Ensuring accurate budgeting and cost allocation
Preparing and submitting audit reports to RERA/DLD
Our 5-step RERA audit process ensures compliance and transparency:
1. Initial Consultation - Understanding your business and compliance needs
2. Financial Data Collection - Gathering required financial records and escrow details
3. Compliance Assessment - Evaluating adherence to RERA regulations
4. Audit Execution - Conducting a detailed financial review
5. Report Submission - Providing a comprehensive audit report for RERA approval
Choosing the right RERA approved auditors is crucial for ensuring compliance. Here’s why businesses trust Shuraa Tax:
Ensuring adherence to RERA regulations
Recognized by Dubai Land Department & RERA
Meeting legal and financial regulations
Cost-effective packages for real estate businesses
Quick audit completion to avoid regulatory delays
Stay compliant and safeguard your real estate business with Shuraa Tax’s RERA audit services in Dubai. Contact our experts today for a consultation!
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