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Turnover certificate

A turnover certificate is a factual statement that certifies the turnover of the entity based on the requirements. The turnover certificate in UAE assures the users the turnover generated by the business entity during a specific period. A turnover certificate is issued by the Certified Auditor. This certificate certifies the total turnover of the applicant’s organization. The turnover can be for 1 or more years depending on the requirements. This turnover is in the name of the organization’s applicant and not that of a group or sister organization.

 

The contents of the turnover certificate in UAE will depend on the requirements and the purpose for which the turnover certificate is being produced. A basic turnover certificate includes the following information:

  • Name and details of the business entity
  • Registration details
  • Period for which the turnover is stated
  • Purpose of the turnover certificate
  • Supporting documents for turnover
  • Any other information as required.

 

Turnover certificate

 

 

The process to obtain a turnover certificate in UAE is very simple:

  • Submit the documents as per the Checklist
  • Documents are verified by the Certified Auditor
  • A Draft copy of the turnover certificate is shared
  • Once the draft is approved a final certified copy is issued by the Certified Auditor

 

 

A turnover certificate is required by anybody willing to get an assurance on the turnover of the entity in speculation. Here are some cases where the turnover certificate might be required.

  • For participating in tenders issued by the various companies, local authorities, and also institutes.
  • It is also required in the banks and the financial institution for loan purposes.
  • Also required by investors to fund an existing or new project/business.

 

The turnover certificate in UAE is a certificate that provides an assurance certificate to the user about the turnover of a business entity. It is issued by a practicing Certified Auditor who is specializing in issuing the turnover certificate.

Call Spectrum today to know more about the Turnover Certificate and the benefits you can avail from it. We at Spectrum will help you in ensuring that all your requirements pertaining to the Turnover Certificate are taken care of and we will advise and ensure to be at your service from the initiation of the work till the submission process.

Call us today for any kind of assistance, call us at +971 4 2699329 or email us at [email protected] to get all your queries addressed. Spectrum is your partner in your success.

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