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Reminder to file Financial Statements in United Arab Emirates
Limited liability companies and branches registered under the jurisdiction of the Dubai Development Authority (DDA) should submit their most recent audited financial statements together with a summary sheet (to be prepared through their AXS portal account) no later than the 31st of October 2022.
Under the Private Companies Regulations 2016, free zone limited liability companies were always required to file audited financial statements with the DDA Registrar of Companies. Branches of foreign companies were required to file annual returns that were filed in the jurisdiction of incorporation of the parent company. However, the DDA has only recently begun to impose these enforcements.
