Auditing
External Auditors in UAE
Since 20179 Since 2017
- Approved auditors
- Report accepted by the authority
- Filed to deadline
Talk to an approved auditor
Tell us which zone you are licensed in and we will confirm what the authority needs from you.
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In one line
An independent opinion on your financial statements, signed by an auditor on your authority’s approved list, in time for your licence renewal.
Overview
External Auditors in UAE: Vigor Accounting and Taxation
One of the best audit firms in Dubai, Vigor Accounting and Taxation ensures that your financial statements are fairly presented. When it comes to statutory audit in Dubai, we dig deep into your business operations with accuracy that forms the basic philosophy behind every business. We draft documents based on the relevant reporting frameworks, with particular emphasis directed to parts of your business that need more support. We help clients maximize operations, minimize costs and end customer relationships – by featuring our expert recommendations
Pioneering Financial Expertise And Tracking
Among one of the best auditing firms in Dubai, Vigor Accounting is among the top because we offer a variety of external audit services which are essential for every company wishing to secure their financial side. One of the key responsibilities of external auditors in the UAE is to ensure that your financial statements fairly and correctly present information about how well your business has performed. We carefully review your bookkeeping information for the year, as well as confirm that it fairly represents the performance of your company and we prepare our conclusions with those financial statements.
- Free zones with an approvals page
- 20Free zones with an approvals page
- Sectors audited
- 8Sectors audited
- years, since 2017
- 9years, since 2017
The basics
What is a Statutory Audit?
Statutory Audit in Dubai is performed by an independent auditor, who gives his opinion on the financial statements prepared by your management. An auditor is tasked with reviewing this to ascertain whether these financial statements provide a true and fair view of the business's economic reality. This observation has even been recorded in an audit report, meaning that not only did government regulators and banks have a means of checking on this but also potentially the general public for issuers traded over-the-counter when then were a public company.
Auditors are responsible for providing a moderate level of assurance that the financial statements comply withInternational Financial Reporting Standards (IFRS). Our audits are performed in accordance with the International Standards on Auditing (ISAs) and local accounting standards, as well as United Arab Emirates taxation acts.
Why us
Why Vigor Accounting & Taxation?
Though the best auditing firms provide their services at lower rates, settling for a cheap financial audit is something you do not want to gamble with. Here is what you can expect from Vigor Accounting and Taxation:
Also, the stock counts and assets listed in the financial statements are verified by our audit team. When specialist judgment is necessary, we ask experts to assess assets and inventory for impairment or loss in value. So, in short Vigor Accounting and Taxation is the solution to your annual audit services Dubai. We also deliver full-scope audits, where our experienced team gives a professional opinion that your financial statements are fairly presented without any material misstatements in every area of the organization.
Compliance / Accuracy
We met these goals through proper risk assessment, deep and wide verification scope with all necessary supporting documents / audit evidence. We undertake each audit with a team that is professionally skeptical and disciplined to ensure nothing escapes our attention. Vigor Accounting and Taxation can also, take the time to look over your company's internal controls, IT systems or key processes from purchasing through to sales are not being wasted by fraud or errors. Due to our audit software, we can do all relevant statistical analysis and sampling verification of every transaction in one shot.
Sectors
Our Expertise
Having audited with clients across a variety of industries, Vigor Accounting and Taxation is prepared to audit in the following sectors:
Bank and Financial Institutes
Hospitals & Clinics (Healthcare)
Agriculture Industry
Tourism and Hotel Industry
Logistics Sector
Manufacturing Industry
Real Estate
IT & Web-Based Arena
How it runs
The same four stages, whichever zone you are licensed in
What changes between the twenty is the format the authority accepts and the date it is wanted by. The work itself does not.
01
Engagement and scope
We confirm the zone, the licence type and the financial year, then issue a scope and a fixed fee in writing. Nothing starts before you have both.
02
Records and reconciliation
You send the books, bank statements and supporting documents. Where the books are behind, that backlog is quoted separately and rebuilt first.
03
Fieldwork and testing
Balances verified, controls tested, and anything that does not reconcile raised with you while there is still time to correct it rather than after signing.
04
Signed report for renewal
Audited financial statements in the format the zone accepts, signed by an auditor on its approved list, in time for the licence renewal window.
Phase 1 of 4
Engagement and scope
Approved auditors
Everyone arrives here asking the same thing
Are you approved where I am licensed. Type your zone, or the authority that issued your licence, and the answer is one line rather than twenty cards.
Where are you licensed
Find your zone, or the authority that licenses it
20 of 20 shown
- Dubai Airport Free Zone (DAFZA)DAFZAAviation, electronics, pharmaceuticals and high-value trading, adjacent to Dubai International Airport.
- Dubai Creative Cluster AuthorityDubai Development AuthorityThe umbrella authority covering Dubai's media, design, education and technology clusters.
- Dubai Design District (d3)Dubai Development AuthorityDesign, fashion, art and luxury brands, in the district known as d3.
- Dubai Development Authority (DDA)Dubai Development AuthorityThe authority licensing companies across Dubai's creative, media, education and technology zones.
- Dubai Gold and Diamond ParkDubai Multi Commodities CentreJewellery manufacturing and retail, gold and diamond trading.
- Dubai Healthcare CityDubai Healthcare City AuthorityClinics, hospitals, medical education and healthcare services, with its own regulatory framework.
- Dubai International Academic CityDubai Development AuthorityInternational university branch campuses and higher education institutions.
- Dubai International Financial Centre (DIFC)DIFC Registrar of CompaniesA financial free zone with its own civil and commercial law, used by banks, funds, insurers and professional firms.
- Dubai Internet CityDubai Development AuthoritySoftware, telecoms and IT services, and the regional base for much of the global technology sector.
- Dubai Knowledge VillageDubai Development AuthorityTraining providers, professional development and human resource companies.
- Dubai Media CityDubai Development AuthorityBroadcasting, publishing, advertising and media production companies.
- Dubai Multi Commodities Centre (DMCC)DMCC AuthorityCommodities trading, precious metals and diamonds, and one of the largest free zones in the UAE by company count.
- Dubai Production CityDubai Development AuthorityPrinting, publishing and packaging, formerly International Media Production Zone.
- Dubai Silicon OasisDubai Silicon Oasis AuthorityTechnology, electronics and software companies, in a zone that is also a residential community.
- Dubai South / Dubai World CentralDubai SouthLogistics, aviation and light industry around Al Maktoum International Airport.
- Dubai Studio CityDubai Development AuthorityFilm, television and production companies, with studios and sound stages on site.
- International Media Production ZoneDubai Development AuthorityPrinting, publishing and media production, now part of Dubai Production City.
- Jebel Ali Free Zone (JAFZA)JAFZALogistics, manufacturing and trading, next to Jebel Ali port and the region's oldest free zone.
- SharjahSharjah Economic Development Department and the emirate's free zonesMainland and free zone companies across Sharjah, including SAIF Zone and Hamriyah.
- Sharjah Airport International Free Zone (SAIF Zone)SAIF Zone AuthorityTrading, light manufacturing and logistics, next to Sharjah International Airport.
Each row names the authority that licenses the zone, because that is who sets your renewal window and the format the statements have to be in. 10 of these 20 are licensed by the Dubai Development Authority alone.
Working backwards
Your licence expiry sets every other date
When does your licence expire?
Pick the month and we will count the audit back from it. Nothing is sent anywhere.
Choose a month above to see the four dates that matter.
Government Agencies
We work closely with all Government Agencies
Company formation, licensing, visas, customs codes and tax registration all pass through these authorities. Start a company setup.
Answers
Questions asked before an external audit starts
The 6 asked most often about statutory audit in the UAE.
01Is external audit mandatory for companies in the UAE?
It depends on your licence and legal form. Most free zone authorities require audited financial statements as a condition of licence renewal, and mainland companies structured as LLCs are generally required to maintain audited accounts under the Commercial Companies Law. Whether it applies to you turns on your jurisdiction, licence type and shareholder agreements, so check your specific authority rules.
02How much does an external audit cost in the UAE?
The fee depends on company size, transaction volume, sector and the complexity of the records to be verified, so audit work is quoted after a proposal rather than a fixed price. Businesses with more locations, subsidiaries or industries with specific reporting rules, such as healthcare or real estate, typically require more audit hours.
03What happens if I miss my free zone audit deadline?
Most free zones will not renew a trade licence without audited financial statements submitted by the renewal date, so a missed deadline can delay or block renewal and may attract administrative fines from the authority. The exact penalty and grace period vary by free zone, so it is worth checking the specific authority's rules well ahead of your renewal window.
04How long does an external audit take?
Timing depends on the size of the company, the state of its accounting records and how quickly supporting documents and evidence can be gathered. A business with organised books and prompt responses to queries will move through fieldwork and reporting faster than one needing significant reconciliation work first.
05What documents does an auditor need from my company?
An external auditor typically needs trial balances, bank statements, sales and purchase invoices, contracts, payroll records, fixed asset registers and prior year financial statements, along with supporting evidence for significant transactions. The exact list depends on your sector and the risk areas identified during planning, since audits such as those for hospitals or hotels involve additional industry specific checks.
06How do I choose an external auditor for my UAE company?
Look for a firm with experience across your specific sector, since verification scope and required evidence differ for banks, healthcare providers, hotels, logistics, manufacturers, real estate and IT businesses. Vigor Accounting works across these industries and carries out risk assessment and document verification tailored to each one before forming an opinion on the accounts.
Not here? Ask Vigor, and a specialist picks it up from there.
