UAE

IFZA Amendment – Financial Year Amendment

Introduction

Amending the financial year of your company in the International Free Zone Authority (IFZA) is an important step for businesses, aligning their accounting...
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View Overview

Post-Setup Compliance

Documents required

1 .

Passport copy , Emirates ID (if applicable). (valid)

2 .

Certificate of Incorporation, Board Resolution approving financial year change, Ultimate Beneficial Owner details. (UBO)

3 .

Current trade license copy, Details of the existing and proposed financial year, Amendment application form, KYC documents. (Know Your Customer)

Highlights & Benefits

Aligned Financial Reporting

Synchronize the financial year with the group or parent company.

Regulatory Compliance

Ensure accurate filings and adherence to UAE requirements.

Improved Financial Planning

Optimize budgeting, forecasting, and reporting cycles.

Streamlined Audit Process

Simplify audit timelines and reporting obligations.

Quick Amendment Process

Efficient approvals with minimal operational disruption.

Process Flow

Initial Consultation & Review

Assess the current financial year and define a new reporting period.

Document Preparation

Prepare board resolution and supporting documents.

Application Submission

Submit the financial year amendment request to IFZA.

Review & Approval

IFZA evaluates the application for compliance.

Amendment Confirmation

The updated financial year is approved and recorded.

Post-Amendment Compliance

Align accounting, audit, and reporting processes accordingly.

Terms & Conditions

All financial year amendment requests are subject to approval by IFZA authorities.
Processing timelines may vary depending on documentation and compliance review.
Additional administrative or government fees may apply.

Pricing Details

IFZA Amendment – Financial Year Amendment

Normal service

AED 3,000

Total

AED 3,000

Arnifi Price

AED 3,000

Note: The payment is prepaid.

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Pricing Details

AED 3,000

UAE

IFZA Amendment – Financial Year Amendment

Introduction

Amending the financial year of your company in the International Free Zone Authority (IFZA) is an important step for businesses, aligning their accounting...
Read more

View Overview

Post-Setup Compliance

Documents required

1 .

Passport copy , Emirates ID (if applicable). (valid)

2 .

Certificate of Incorporation, Board Resolution approving financial year change, Ultimate Beneficial Owner details. (UBO)

3 .

Current trade license copy, Details of the existing and proposed financial year, Amendment application form, KYC documents. (Know Your Customer)