DAFZA Approved Auditors IN The UAE: Auditing Services In DAFZA Free Zone

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25 Apr 2024

DAFZA Approved Auditors IN The UAE : Auditing Services In DAFZA Free Zone

What is DAFZA and Why Does It Matter?

Established in 1996 by royal decree, the Dubai Airport Free Zone (DAFZA) is a premier free zone strategically located adjacent to Dubai International Airport. While functioning independently of airport operations, DAFZA stands as one of the most prominent free zones in the UAE, offering a pro-business environment designed to attract international investors, startups, and established companies.

As one of Dubai’s most sought-after free zones, DAFZA offers:

  • 100% foreign ownership

  • Zero corporate and personal taxes

  • Full repatriation of capital and profits

  • State-of-the-art infrastructure

  • Strategic location near global air cargo hubs

With these advantages, DAFZA is an ideal launchpad for global expansion. However, to maintain compliance and avoid penalties, businesses are required to engage DAFZA-approved auditors for financial reporting and annual audits.

Who Are DAFZA-Approved Auditors?

DAFZA-approved auditors are licensed audit firms officially recognized by the Dubai Airport Free Zone Authority. These firms have demonstrated excellence in auditing standards, compliance practices, and knowledge of UAE regulatory frameworks, including VAT, corporate tax, and ESR (Economic Substance Regulations).

   Key Responsibilities of DAFZA-Approved Auditors:

  • Conduct statutory audits for businesses registered in DAFZA

  • Ensure compliance with UAE’s financial reporting standards (IFRS)

  • Evaluate internal control systems and mitigate financial risks

  • Submit audited financial statements as mandated by DAFZA

  • Assist in VAT compliance, corporate tax advisory, and risk management

Why Are Audited Financial Statements Mandatory in DAFZA?

All entities registered in DAFZA must submit audited financial statements annually to maintain good standing. Non-compliance may lead to:

  • Penalties or fines from DAFZA

  • License suspension or revocation

  • Reputational damage

  • Loss of investor and stakeholder trust

Working with a DAFZA-registered audit firm ensures that your business remains fully compliant and audit-ready throughout the year.

Benefits of Hiring DAFZA-Approved Auditors

Partnering with a DAFZA-approved audit firm, such as AMCA, offers distinct benefits:

  • Regulatory Compliance

  • Accurate and Transparent Financial Reporting

  • Risk Identification and Mitigation

  • Increased Investor Confidence

  • Improved Corporate Governance

  • Tax Optimization and Advisory Support

How to Register a Company in DAFZA?

Setting up a company in DAFZA involves several steps:

  1. Choose your business activity and legal structure

  2. Submit application and documentation to DAFZA

  3. Secure office space or warehouse

  4. Obtain trade license and establishment card

  5. Appoint a DAFZA-approved auditor for regulatory compliance

Need assistance? AMCA offers end-to-end support for company setup and auditing services within DAFZA.

Why Choose AMCA as Your DAFZA Auditor?

AMCA is a leading audit and advisory firm in the UAE, officially approved by DAFZA. With over a decade of experience, our team of certified accountants, auditors, and tax experts deliver comprehensive services tailored to businesses in free zones.

     Our Core Services:

  • Statutory & Internal Audits

  • DAFZA Audit Report Submissions

  • Corporate Tax & VAT Compliance

  • AML & UBO Advisory

  • Financial Due Diligence

  • Bookkeeping & CFO Services

Ready to get started? Contact AMCA today to schedule your consultation with our experts.


FREQUENTLY ASKED QUESTIONS

1. What are DAFZA Approved Auditors?

DAFZA Approved Auditors are certified auditing firms authorized by the Dubai Airport Freezone Authority (DAFZA) to conduct audits for businesses operating within the free zone. These auditors meet specific compliance and quality standards set by DAFZA, ensuring accurate financial reporting and adherence to UAE regulations.

2. What are the advantages of DAFZA-Approved Auditors for UAE companies?

Accurate financial reporting, adherence to corporate tax and VAT regulations, and financial guidance to maximize operations are all ways that DAFZA-approved auditors assist firms. Credibility among investors, stakeholders, and government officials is increased by their audits.

3. How Can DAFZA-Approved Auditors Ensure Compliance with Tax Obligations? 

Due to their familiarity with local tax rules, DAFZA-approved auditors can help firms minimize their tax liability by offering advice on how to structure transactions, claim deductions, and steer clear of typical tax hazards

4. How Can DAFZA Approved Auditors Benefit My Business?

Hiring a DAFZA-approved auditor offers numerous benefits, including

• Ensuring regulatory compliance

• Preventing financial discrepancies

• Providing accurate financial statements for stakeholders

• Building credibility with investors and clients

• Helping to identify tax-saving opportunities

• Facilitating smooth business operations within the free zone


  1. Dubai Airport Freezone Authority (DAFZA)  

  2. Dubai Multi Commodities Centre (DMCC)  

  3. Dubai World Trade Centre Free Zone (DWTC)  

  4. Dubai World Central (Dubai South)  

  5. Dubai International Financial Centre (DIFC)  

  6. Dubai Silicon Oasis Authority (DSOA)  

  7. Jebel Ali Free Zone Authority (JAFZA)  

  8. Meydan Free Zone (MFZ)   

  9. International Free Zone Authority (IFZA)  

  10. Dubai Healthcare City (DHCC)  

  11. Dubai Development Authority (DDA)

  12. Hamriyah Free Zone (HFZ)

  13. Dubai Design District (D3)  

  14. Dubai Internet City (DIC)  

  15. Dubai Media City (DMC)  

  16. Dubai Studio City (DSC)  

  17. Dubai International Academic City (DIAC)  

  18. Dubai Knowledge Village (DKV)  

  19. Dubai Logistics City (DLC)  

  20. Dubai Outsource City (DOZ)  

  21. Dubai Production City (DPC)  

  22. Dubai Science Park (DSP)  

 

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