Background
Audit Services

Statutory Audits That Meet Every Deadline

Certified audit services for UAE freezone and mainland companies. Arab First's auditors deliver IFRS-compliant audit reports accepted by all UAE licensing authorities.

Freezone Requirements

Audit Requirements by Freezone

FreezoneAudit Required?DeadlineArab First Fee
DMCCRequiredWithin 90 days of year-endFrom AED 3,500
IFZARequired (some packages)At license renewalFrom AED 2,800
DIFCRequiredWithin 6 months of year-endFrom AED 8,000
DAFZARequiredAt license renewalFrom AED 3,500
RAKEZOptional (most packages)At license renewalFrom AED 2,500
DMCRequiredAt license renewalFrom AED 3,500
Audit Types

Three Types of Audit Service

Statutory Audit

Required by most UAE freezones for annual license renewal. Conducted by certified auditors and submitted directly to the freezone authority.

Deliverables
  • Auditor's report
  • Financial statements (IFRS)
  • Management letter
  • FTA-ready audit trail

Financial Review

Limited assurance engagement — less rigorous than a full audit but satisfies many freezone requirements at lower cost.

Deliverables
  • Accountant's review report
  • Reviewed financial statements
  • Key risk observations
  • Compliance summary

Internal Audit

An independent assessment of internal controls, risk management, and governance. Recommended for larger businesses and regulated entities.

Deliverables
  • Risk assessment report
  • Control weaknesses identified
  • Remediation recommendations
  • Executive summary
Audit Process

From Engagement to Report Delivery

01

Engagement Letter

Agree scope, timeline, and fees in a formal engagement letter

02

Document Gathering

We request trial balance, bank statements, invoices, and ledgers

03

Audit Fieldwork

Our certified auditors review transactions, verify balances, and assess controls

04

Audit Report

Signed auditor's report and financial statements delivered, ready for freezone submission

FAQ

Audit Services FAQs

Is an annual audit mandatory for my UAE company?

It depends on your license type. Most freezone companies (DMCC, DIFC, DAFZA, DMC) require an annual statutory audit for license renewal. Mainland companies generally do not require a mandatory audit unless they have specific activity requirements. Offshore companies (RAK ICC) have no audit requirement.

How long does an audit take?

For a standard freezone company with clear records, Arab First completes most audits within 5–10 business days of receiving complete documentation. Complex corporate structures or businesses with poor records may take longer.

Are your auditors certified in the UAE?

Yes. All audits are conducted by Certified Public Accountants (CPAs) and ACCA members registered with UAE regulatory authorities. Our audit reports are accepted by all major UAE freezones and government authorities.

What if my records are not in order?

Our bookkeeping team can bring your records up to standard before the audit begins. Many clients use both our bookkeeping and audit services, which ensures seamless preparation and faster completion.

Can you submit the audit directly to the freezone?

Yes. Arab First handles direct submission of completed audit reports and financial statements to your freezone authority on your behalf, saving you administrative time at renewal.

Do you offer a fixed-fee audit quote?

Yes. We provide a fixed-fee engagement letter before starting. There are no surprise charges. Fees depend on company size, transaction volume, and the freezone's specific requirements.

Free Consultation

Book an Audit Consultation

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