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Audit Services β€” Dubai, UAE

Audit & Assurance UAE

IFRS-compliant statutory, VAT, and internal audits for UAE mainland and free zone businesses. Accepted by all major UAE free zones, banks, and the FTA. Independent, thorough, and transparent.

Starting From AED 2,500 IFRS-compliant audits for UAE businesses
IFRSCompliant Reports
AllFree Zones Accepted
ISAAudit Standards
FreeConsultation
Overview

Why UAE Businesses Need an Audit

Statutory audits are mandatory for companies registered in most UAE free zones and are increasingly required by banks and investors before approving loans or entering business agreements. With corporate tax now in effect, audited financial statements are also becoming standard practice for CT return preparation.

Our independent auditors conduct all engagements in accordance with International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA). Our audit reports are accepted by all major UAE free zones, commercial banks, and the Federal Tax Authority.

Types of Audit Services

Statutory Audit

An independent review of your financial statements confirming they give a true and fair view of your business. Mandatory for most UAE free zone companies and required by banks and investors. Conducted in accordance with IFRS and ISA.

From AED 2,500

VAT Audit Support

The FTA may select any VAT-registered business for a VAT compliance audit. We prepare your records for FTA review, identify any discrepancies before the audit, and support you throughout the process.

Custom Pricing

Internal Audit

A review of your business processes, internal controls, and risk management. Identifies weaknesses and improvement opportunities before an external auditor or the FTA does β€” protecting your business proactively.

Custom Pricing

Agreed-Upon Procedures

Specific procedures performed and reported to you or a third party β€” such as a bank, investor, or free zone authority. We report findings against agreed criteria without expressing a full audit opinion.

Custom Pricing
Who Needs an Audit

Who Needs an Audit in the UAE?

Audit requirements in the UAE depend on your company structure, free zone, and business relationships. Here are the most common situations where an audit is mandatory or strongly recommended.

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Free Zone Companies

Most UAE free zones β€” including DMCC, JAFZA, ADGM, DIFC, RAKEZ, SHAMS, Meydan, and others β€” require annual audited financial statements as a condition of licence renewal.

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Bank Loan Applicants

UAE banks typically require 1 to 3 years of audited financial statements before approving business loans, overdraft facilities, or letters of credit. Our IFRS-compliant reports are accepted by all major UAE banks.

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Corporate Tax Filers

While not always legally mandatory, audited accounts significantly reduce the risk of FTA queries during corporate tax filing. They are strongly recommended for businesses with complex finances.

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Businesses Seeking Investment

Investors, private equity firms, and potential acquirers require audited financial statements as part of due diligence. Our reports provide the credibility investors need.

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Government Tender Applicants

UAE government entities often require audited accounts as part of the tender qualification process for contractors and suppliers bidding on public contracts.

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Mainland Companies

While not universally mandatory for mainland companies, many LLCs and civil companies require audits for internal governance, shareholder reporting, or compliance with banking covenants.

What You Get

What Our Audit Service Includes

Audit planning and scopingWe define the engagement scope, timeline, and document requirements before starting
Review of financial statements and accounting recordsWe verify assets, liabilities, income, expenses, and all supporting documentation
Testing of internal controlsWe assess the effectiveness of your accounting procedures and internal controls
IFRS-compliant auditor's reportIndependent audit opinion confirming whether your financial statements are true and fair
Management letterDetailed findings, recommendations, and suggested improvements shared with your management team
Free zone authority submissionWe submit the signed audit report directly to your free zone authority or bank if required
Documents Required

Documents Required for a UAE Audit

Share these documents with us at the start of the engagement. We will send a detailed checklist once we confirm your audit scope. Well-maintained monthly books significantly reduce the time and cost of an audit.

Income Statement (Profit and Loss)
Balance Sheet
Bank Statements for the Audit Period
Sales and Purchase Invoices
Valid UAE Trade Licence
Memorandum of Association (MOA)
Payroll Records and Staff Contracts
Office Lease Agreement (Ejari or Free Zone Tenancy)
The Process

How Our Audit Process Works

1

Engagement and Planning

We agree the scope, timeline, and fee. We send a document request list so you can prepare in advance. Free consultation included.

2

Fieldwork

Our auditors review your financial records, verify transactions, and test internal controls β€” coordinating with your team to minimise disruption.

3

Review and Reporting

We prepare the auditor's report and management letter. We discuss findings with you before issuing the final report to ensure accuracy.

4

Report Delivery

We issue the signed audit report and, if required, submit it directly to your free zone authority, bank, or the FTA on your behalf.

FAQ

Frequently Asked Questions β€” Audit and Assurance UAE

Is a statutory audit mandatory for my UAE company?+
It depends on your free zone or company structure. Most UAE free zones β€” including DMCC, JAFZA, RAKEZ, SHAMS, Meydan and others β€” require annual audited accounts as a condition of licence renewal. Even where not legally required, audited accounts are commonly requested by banks, investors, and business partners. We confirm your specific requirements during your free consultation.
How long does a UAE audit take?+
The timeline depends on the size and complexity of your business and the quality of your financial records. Most SME audits are completed within 2 to 4 weeks of receiving all required documents. Well-maintained monthly books from our accounting service significantly reduce audit time.
What standards do you audit to?+
We conduct all audits in accordance with International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA). Our reports are accepted by all major UAE free zones, commercial banks, and the FTA.
What documents do I need to provide for an audit?+
You will need your income statement, balance sheet, bank statements, sales and purchase invoices, trade licence, MOA, payroll records, and office lease agreement for the audit period. We send a detailed document checklist once we confirm your engagement scope.
Can you audit prior-year accounts?+
Yes. We can audit prior-year financial statements if you need to bring your compliance up to date. This is common for businesses that missed audit requirements in previous years. We advise on any adjustments needed to align with IFRS.
Do I need an audit for Corporate Tax filing?+
Audited financial statements are not currently mandatory for all businesses under UAE Corporate Tax law. However, they are strongly recommended as they reduce the risk of FTA queries and errors in your corporate tax return.
How much does a UAE audit cost?+
Our statutory audit starts from AED 2,500 for small businesses with simple financials. The final fee depends on the size and complexity of your business, transaction volume, and the quality of your financial records. We provide a fixed, transparent quote after your free consultation β€” no hidden charges.
Which UAE free zones require an annual audit?+
Most UAE free zones require annual audited financial statements for licence renewal β€” including DMCC, JAFZA, ADGM, DIFC, RAKEZ, Meydan, SHAMS, DSO, Abu Dhabi free zones, and many others. The specific deadline and requirements vary by free zone. Contact us and we will confirm the exact requirements for your free zone.
Can Finhub Middle East handle audits for businesses outside Dubai?+
Yes. We handle audit and assurance engagements for businesses across all UAE emirates β€” Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, Fujairah, Ajman, and Umm Al Quwain β€” for both mainland and free zone companies. Contact us via WhatsApp for a free consultation.
What is the difference between a statutory audit and an internal audit?+
A statutory audit is an independent external review of your financial statements that results in a formal auditor's report β€” required by free zones, banks, and regulators. An internal audit is a review of your business processes, internal controls, and risk management carried out for internal improvement purposes. Both are valuable but serve different purposes.
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Independent UAE Audits from AED 2,500

IFRS and ISA compliant. Accepted by all UAE free zones and banks. Free consultation and quote included.

Office 289, Karama, Dubai 050 516 9396 Mon-Fri 10AM-5PM, Sat 10AM-2PM